Power market developments - Page 1
Stay up to date with the latest Power market developments updates from the global nuclear engineering international industryLatest Power market developments Update
Belgium-based Tractebel (part of France’s Engie) and its subsidiary...
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New study reveals impact of nuclear in southeast USA
A new study, “The Economic Impact of the Nuclear Industry in the Southeast United States”, presents a comprehensive analysis of the economic impacts of the nuclear energy sector in...
IEA acknowledges significance of nuclear energy in new report
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...
EBRD’s Energy Sector Strategy ignores nuclear
The European Bank for Reconstruction and Development (EBRD) has released its Energy Sector Strategy 2024-28. EBRD says it “prioritises the urgent need to accelerate the decarbonisation...
New Brunswick releases energy strategy
The government of New Brunswick in Canada has released its strategy on how to transition the province to clean energy, while ensuring affordability and economic growth. “Powering...
ENEC and EPRI collaborate on decarbonisation report
The UAE’s Emirates Nuclear Energy Corporation (ENEC) and US-based Electric Power Research Institute (EPRI) have collaborated on a report listing decarbonisation pathways for the...
Egypt’s Nuclear Power Plants Authority signs MOU with ENEC
The Emirates Nuclear Energy Corporation (ENEC) and Egypt’s Nuclear Power Plants Authority (NPPA), the owner and operator of the El Dabaa NPP under construction with Russian...
COP28: ENEC signs MOU on co-operation with Terrestrial Energy
The Emirates Nuclear Energy Corporation (ENEC) has signed another memorandum of understanding (MOUs) related to small modular reactors at the 28th Conference of the Parties to...
COP28 ends with agreement to accelerate green technologies including nuclear
The 28th UN Climate Change Conference of the Parties (COP28) ended in Dubai with a lengthy agreement unanimously adopted by all parties calling for a transitioning away from fossil...
COP28: US Export-Import Bank to support SMR exports
The US Export-Import Bank (EXIM) President & Chair Reta Jo Lewis has announced that EXIM has approved a resolution to fund applications for the export of US small modular reactor...
EU states accept nuclear as a strategic net-zero technology
Reflecting a decision by the European Parliament in November, the European Union (EU) Council has included nuclear energy, along with renewables, among the technologies to be included...
Korea and UK establish Clean Energy Partnership
South Korea’s Ministry of Trade, Industry & Energy (MOTIE) and the UK’s Department for Energy Security & Net Zero (DESNZ) signed a Clean Energy Partnership during the state visit...
EU Parliament includes nuclear in Net-Zero Industry Act
Members of the European Parliament (MEPs) have voted to include 17 technologies in the EU’s Net-Zero Industry Act (NZIA), including nuclear energy. The MEPs led by the...
French government and EDF reach agreement on nuclear electricity pricing
Following several months of negotiations, the French government and EDF have agreed a price for nuclear electricity. Economy Minister Bruno Le Maire told a press conference that...
Switzerland to extend use of nuclear
Switzerland plans to use its nuclear plants longer than previously expected in face of possible electricity shortages, Bloomberg has reported.
European Commission plans SMR industrial alliance
European Commissioner for Energy Kadri Simson says the European Commission (EC) is to establish an Industrial Alliance focusing on small modular reactors (SMRs) in early 2024. In...
Nuclear plays minor role in IEA World Energy Outlook 2023
IEA’s new World Energy Outlook 2023 sees a phenomenal rise of clean energy technologies. It describes an energy system in 2030 in which clean technologies play a significantly...
France and Germany move towards resolving nuclear differences
The European Union (EU) Energy Council, meeting in Luxembourg, have reached agreement on reforming the EU electricity market, resolving the long-running dispute between France and...
IAEA annual projections for nuclear increase
The International Atomic Energy Agency (IAEA) has released its annual outlook for nuclear power in the coming decades, increasing its global growth projections for a third year....
German-French disagreements block EU power market reforms
European Union (EU) countries may delete a key part of planned reforms to Europe's electricity market in the face of continued disagreements between France and Germany, Reuters has reported.