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
The French government says it plans to introduce a "price corridor"...
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Nuclear not excluded from EU taxonomy regulation
European Union (EU) lawmakers and member countries on 16 December agreed on a deal to promote environmentally-friendly investment after weeks of discussions on whether to exclude...
EU includes nuclear in clean energy transition plans
European Union (EU) leaders on 13 December agreed to a 2050 climate neutrality target aiming at a transition away from fossil fuels and a role for nuclear power.
IAEA’s Grossi says nuclear vital to achieving climate goals
IAEA Director General Rafael Mariano Grossi told the United Nations Climate Change Conference (COP 25) that greater use of low-carbon nuclear power is needed to ensure the...
Nuclear recognised as greenhouse gas emissions continue to rise
The United Nations Environment Programme's (UNEP’s) Emissions Gap Report for 2019, published on 26 November, says global temperatures are set to rise by 3.9 degrees Celsius by the end...
Canada’s Saskatchewan includes SMRs in growth plan
Saskatchewan’s Growth Plan: the Next Decade of Growth 2020-2030, released on 14 November, includes goals for reducing carbon emissions from electricity generation and development of...
EDF told to draw up action plan within a month
The French government on 28 October gave EDF a month to draw up plans to tackle skills shortages and other problems which ministers believe have delayed nuclear projects and damaged...
Russian-African summit promotes nuclear cooperation
Nuclear energy was a key topic of discussion at the first Russia-Africa Summit and Economic Forum held in Sochi (Russia) on 23 and 24 October attended by representatives of all 54...
Czech Energy Minister says new Dukovany unit will not be enough
Without the newly built power plants, and in particular by new nuclear units, the Czech Republic will have no place to take electricity in the future, said Deputy Prime Minister...
IAEA: Nuclear power is essential to achieving climate goals
IAEA climate conference gets off to a good start
Some 550 participants from 79 countries and 18 international organisations took part in the International Atomic Energy Agency’s (IAEA’s) Conference in Vienna on Climate Change and...
UAE signs MOUs with French and South Korean companies
The UAE’s Barakah One Company (BOC), a subsidiary of the Emirates Nuclear Energy Corporation (Enec), on 25 September signed a memorandum of understanding (MOU) with Korea Electric...
South Korea looks to the Middle East
Korea Atomic Energy Research Institute has signed an agreement with Saudi Arabia's King Abdullah City for Atomic and Renewable Energy to establish and operate a joint research...
Belgium’s Elia warns of capacity gap as IAEA assesses long-term safety
Belgian grid operator Elia said in its “Adequacy and flexibility study for Belgium 2020-2030”, that around 3.9GWe of new power generating capacity will be needed to withstand...
Nuclear companies sign manifesto for a decarbonised Europe
Representatives from the nuclear industry meeting at the Nuclear in a Changing World conference in Bucharest, Romania, on 26 June issued a manifesto outlining the steps needed to...
Finland’s new government goes for carbon neutrality
Finland’s new centre-left coalition government on 4 June said Finland plans to be carbon-neutral by 2035 and to achieve negative carbon dioxide emissions shortly after, with nuclear...
IEA calls for investment in nuclear to achieve climate goals
The International Energy Agency (IEA), in a report published on 28 May, warned that a decline in nuclear energy capacity would threaten climate goals and supply security unless...
UK releases report on micro reactors after three year delay
The UK Department for Business, Energy & Industrial Strategy on 22 March published a report on Micro Nuclear Reactors (MNRs) produced for the Department by Nuvia, WSP and...
Joi Scientific and NB Power to develop hydrogen powered grid
US-based Joi Scientific will partner with Canada’s New Brunswick Power to develop a hydrogen production system to make possible the world’s first electricity grid that uses hydrogen as...
Japan reduces its dependence on LNG
Japan’s imports of liquefied natural gas (LNG) are likely to decrease by up to 10% in 2019 after five nuclear reactors returned to service in 2018, the US Energy...
