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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.
- Source: NEI Magazine
- Date: Friday, 26 January 2024
- Original article: neimagazine.com/news/newsiea-acknowledges-significance-of-nuclear-energy-in-new-report-11463539
"A new clean energy economy is emerging - and emerging much faster than many realise," International Energy Agency (IEA) Executive Director Fatih Birol said at the launch of the agency's eighth World Energy Investment report.
- Source: NEI Magazine
- Date: Wednesday, 31 May 2023
- Original article: neimagazine.com/news/newsiea-report-on-clean-energy-investments-says-little-about-nuclear-10897991
Renewables together with nuclear power are expected to meet the vast majority of the increase in global electricity demand over the next three years, making significant rises in the power sector's carbon emissions unlikely, according to a new International Energy Agency (IEA) report.
- Source: World Nuclear News
- Date: Friday, 10 February 2023
- Original article: world-nuclear-news.org/Articles/IEA-highlights-nuclear-s-key-role-in-coming-years
Countries around the world turned to nuclear as a reliable low-carbon energy source as they looked for ways to wean themselves off Russian imports and lower carbon emissions.
New plants began operating, deals for small modular reactors were signed and countries announced ambitious plans for new-build.
On the political front, US president Joe Biden signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early. In Europe, the nuclear industry celebrated when members of the European parliament decided to “follow the science” and support legislation which includes nuclear in the bloc’s sustainable finance taxonomy for green investment.
- Source: Nucnet
- Date: Tuesday, 10 January 2023
- Original article: nucnet.org/news/five-major-developments-that-are-setting-the-stage-for-2023-and-beyond-1-1-2023
In a wide ranging interview for the World Nuclear News podcast, Cameco CEO Tim Gitzel explained: Why the time was right for the Westinghouse deal How Russia's war with Ukraine has led to 'bifurcation' of the nuclear sector Explained Cameco's long-term strategy Looks ahead at the impact of new technologies, including SMRs How nuclear will need to play a key role in getting to net-zero
- Source: World Nuclear News
- Date: Wednesday, 09 November 2022
- Original article: world-nuclear-news.org/Articles/In-Quotes-Cameco-s-Tim-Gitzel-WNN-podcast-on-nucle
IAEA Director General Rafael Mariano Grossi and US Energy Secretary Jennifer Granholm closed the IAEA International Ministerial Conference on Nuclear Power in the 21st Century which ended in Washington DC on 28 October. Grossi made a global appeal to advance the benefits nuclear energy in face of a pessimistic new report on climate change and the ongoing energy crisis.
- Source: NEI Magazine
- Date: Tuesday, 01 November 2022
- Original article: neimagazine.com/news/newsiaea-international-ministerial-conference-concludes-in-washington-10133127
World Nuclear Association Director General Sama Bilbao y León and International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi say nuclear can, and will, rise to the energy challenge, in their addresses to World Nuclear Symposium 2022. Here are the transcripts.
- Source: World Nuclear News
- Date: Saturday, 10 September 2022
- Original article: world-nuclear-news.org/Articles/Viewpoint-Bilbao-y-Leon-and-Grossi-on-nuclear-s-op
The report “Nuclear Power and Secure Energy Transitions” said nuclear can help reduce CO2 emissions and allow energy systems to integrate higher shares of intermittent solar and wind power. Building these “clean energy systems” will be harder without nuclear power, the report said.
“In today’s context of the global energy crisis, skyrocketing fossil fuel prices, energy security challenges and ambitious climate commitments, I believe nuclear power has a unique opportunity to stage a comeback,” said IEA director Fatih Birol.
- Source: Nucnet
- Date: Friday, 01 July 2022
- Original article: nucnet.org/news/nuclear-energy-set-for-comeback-but-more-policy-support-needed-says-report-6-4-2022
The IEA’s World Energy Investment report said global energy investment this year is projected to reach $2.4tn (€2.28tn), with the bulk going into renewables and grids.
However, almost half of the increase in capital spending is linked to higher costs due to supply chain pressures instead of bringing additional energy supply capacity or savings.
- Source: Nucnet
- Date: Friday, 24 June 2022
- Original article: nucnet.org/news/global-clean-energy-investment-beats-pre-pandemic-levels-but-growth-insufficient-to-meet-climate-goals-6-4-2022
Countries have "re-appreciated" the value of nuclear power, International Energy Agency (IEA) Executive Director Fatih Birol said at COP26 today. Birol, who called for new build in Europe, North America and Asia, also said that national commitments made at COP26 would put the world on track to limit global warming to 1.8°C.
- Source: World Nuclear News
- Date: Friday, 05 November 2021
- Original article: world-nuclear-news.org/Articles/Birol-calls-for-nuclear-acceleration