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The International Energy Agency (IEA) in its latest report, Electricity 2024, dedicates a significant amount of space to nuclear power – a departure from its previous studies which treated it as peripheral. In its press release on the new report, IEA says the increase in electricity generation from renewables and nuclear "appears to be pushing the power sector's emissions into structural decline". Over the next three years, low-emissions generation is set to rise at twice the annual growth rate between 2018 and 2023. Global emissions from electricity generation are expected to decrease by 2.4% in 2024, followed by smaller declines in 2025 and 2026.

Date: Friday, 26 January 2024
Original article: neimagazine.com/news/newsiea-acknowledges-significance-of-nuclear-energy-in-new-report-11463539

Swedish nuclear technical services provider Studsvik has signed a memorandum of understanding (MOU) with Nordic energy company Fortum to explore the conditions for new nuclear at the Studsvik site near Nyköping in Sweden.

Date: Thursday, 23 November 2023
Original article: neimagazine.com/news/newsstudsvik-and-fortum-investigate-new-nuclear-11317851

The Roadmaps to New Nuclear conference, organised by the French Ministry for Energy Transition and the OECD’s Nuclear Energy Agency (NEA) in Paris, resulted in two communiques signed by energy ministers and industry representatives emphasising the need for nuclear energy.

Date: Tuesday, 03 October 2023
Original article: neimagazine.com/news/newsfrance-and-nea-host-conference-to-promote-nuclear-energy-11186484

Representatives of the nuclear industry in OECD nations, and representatives of the governments of 20 countries, have issued communiqués committing to work together to expand nuclear energy capacity, after the inaugural Roadmaps to New Nuclear conference organised by the OECD Nuclear Energy Agency (NEA) and the French government.

Date: Saturday, 30 September 2023
Original article: world-nuclear-news.org/Articles/Nuclear-groups-and-ministers-pledge-to-back-new-nu

Steady Energy – which has been spun out from the VTT Technical Research Centre of Finland – has raised €2m ($2.2m) in seed funding led by VTT, Yes VC and Lifeline Ventures. The company aims to build the world's first district heating plant based on its LDR-50 small modular reactor (SMR) by 2030. The new funding will be used for research and development work to demonstrate the functionality of the plant by building a 1:1 scale mock-up powered by electric heat.

Date: Friday, 30 June 2023
Original article: neimagazine.com/news/newsfinlands-steady-energy-looks-to-smr-district-heating-10974930

Finland-based Fortum and US Westinghouse Electric Company have signed a Memorandum of Understanding (MOU) to explore the possible development and deployment of new nuclear in Finland and Sweden. However, any potential investment decisions will be made at a later stage.

Date: Tuesday, 13 June 2023
Original article: neimagazine.com/news/newsfortum-and-westinghouse-to-investigate-new-nuclear-in-finland-and-sweden-10932582

Finnish utility Fortum and Westinghouse Electric Company of the USA have signed a memorandum of understanding to explore prerequisites for the development and deployment of new nuclear in Finland and Sweden. The agreement is related to Fortum's nuclear feasibility study launched in November 2022.

Date: Thursday, 08 June 2023
Original article: world-nuclear-news.org/Articles/Fortum,-Westinghouse-study-new-build-opportunities

Atomic Energy of Canada Limited (AECL), Canadian Nuclear Laboratories (CNL) and Global First Power (GFP) have announced a repurposed parking lot at the Chalk River campus as the location where they plan to build and operate a demonstration Micro-Modular Reactor (MMR).

Date: Tuesday, 16 May 2023
Original article: world-nuclear-news.org/Articles/Site-unveiled-for-Canadian-MMR

Finland’s Ministry of Economic Affairs & Employment and the US Department of Energy (DOE) have signed a memorandum of understanding (MOU) on nuclear energy and nuclear waste management. “Its purpose is to intensify cooperation between administrations, companies and research institutes in Finland and the US concerning the peaceful use of nuclear power,” the Finnish Ministry said. The MOU was signed by the Ministry’s Director General, Riku Huttunen, and Dr Kathryn Huff, Assistant Secretary at the DOE’s Office of Nuclear Energy.

Date: Saturday, 13 May 2023
Original article: neimagazine.com/news/newsfinland-and-us-increase-nuclear-co-operation-10842419