Related Topic: Economics

Nuclear power can help raise climate ambitions

Nuclear power can help raise climate ambitions

Policymakers who ignore nuclear energy are not serious about meeting climate goals, delegates said at an Atlantic Council webinar last week. The first in the Raising Ambitions series, the event highlighted the attributes of this clean source of electricity and heat ahead of the Leaders’ Climate Summit, which the US Administration is hosting on 22-23 April.

Energy & Environment 12 April 2021


Nuclear is a 'credible cost competitor', says IMF working paper

Nuclear is a 'credible cost competitor', says IMF working paper

A working paper published by the International Monetary Fund last week uses multiplier analysis to determine the impact that investment in clean energy would have on the economic recovery from the COVID-19 pandemic.  The document - Building Back Better: How Big Are Green Spending Multipliers? - states clean energy sources are: solar, wind, hydro, geothermal, biomass and nuclear, which it then divides into renewable and non-renewable.

Energy & Environment 25 March 2021


IMF lead evaluator: Aligning the stars for clean energy

IMF lead evaluator: Aligning the stars for clean energy

Greening our economies is not just smart for the planet; most likely it is also the surest and cheapest route back to a prosperous global economy. This is the conclusion of a working paper the International Monetary Fund will publish tomorrow, one of its co-authors said today during World Nuclear Association's Strategic eForum on Sustainable Finance. The virtual conference examined the measures needed to ensure nuclear energy can make its fullest contribution to the twin goals of decarbonisation and economic recovery from the pandemic.

Energy & Environment 18 March 2021


Nuclear can bring balance to climate debate, says EC official

Nuclear can bring balance to climate debate, says EC official

The workshop the International Energy Agency and the International Atomic Energy Agency held jointly last week was very timely because the European Union is at an important juncture, and must consider the role of a variety of energy sources in its electricity mix if it is to achieve its decarbonisation goals, said Massimo Garribba, deputy director general of DG-Energy at the European Commission, adding that those sources include nuclear energy.

Energy & Environment 08 March 2021


Exelon splits utility and generation units

Exelon splits utility and generation units

Exelon Corporation plans to separate its regulated utility and competitive energy businesses into two publicly traded companies, creating the USA's biggest fully regulated transmission and distribution utility, as well as its largest carbon-free power producer.

Corporate 25 February 2021


Study calls for European nuclear renaissance

Study calls for European nuclear renaissance

The European Union should embark on a "nuclear renaissance" programme if it is to achieve its climate objectives, a new study on the bloc's climate policy has concluded. Commissioned by ECR Group and Renew Europe, the report says it is practically impossible to generate sufficient energy with wind and solar energy as there is not enough available land to meet electricity demand.

Energy & Environment 05 February 2021


Vimy reviews by-product potential at Mulga Rock

Vimy reviews by-product potential at Mulga Rock

Incorporating a circuit to produce by-product base metals has the potential to improve the "already strong" uranium economics of the Mulga Rock project in Western Australia, Vimy Resources CEO Mike Young says. Vimy plans to complete an assessment of the potential impact of the base metals plant during the first half of this year.

Uranium & Fuel 04 February 2021


Speech: The developing world's right to have nuclear energy

Speech: The developing world's right to have nuclear energy

Access to affordable, technology-neutral financing is essential if energy-poor countries are to enjoy the benefits of nuclear power in the way the Western world already does, World Nuclear Association Director General Sama Bilbao y León told the Atlantic Council Global Energy Forum today. The following is her statement to the panel titled Delivering energy access in the developing world.

Perspectives 20 January 2021


The real challenges to nuclear are external, says panel

The real challenges to nuclear are external, says panel

The challenges the nuclear industry faces are largely external and must be overcome if it is to help tackle the existential threat of climate change, panellists in the Nuclear Energy and its Future session of the Reuters Next conference on 11 January said. These challenges include: the notion nuclear is an out-dated technology; the cost of finance; market design; political changes; perceived competition with renewable energy; and the public's misconceptions about radioactive waste.

Energy & Environment 14 January 2021


Energoatom accepts need for fixed power prices

Energoatom accepts need for fixed power prices

Ukrainian nuclear power plant operator Energoatom says it understands the urgent decision taken by the Cabinet of Ministers on 28 December to extend regulations governing the electricity market. One of these regulations is to set a low price for electricity sold to the Guaranteed Buyer within the Public Service Obligation mechanism.

Corporate 31 December 2020