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Related Topic: Economics

Sustainable recovery receiving 'inadequate attention', says IEA

Sustainable recovery receiving 'inadequate attention', says IEA

The International Energy Agency today launched its Sustainable Recovery Tracker that monitors governments' fiscal responses to the COVID-19 crisis and estimates their impact on clean energy investments and global CO2 emissions. The new online tool is a contribution to the G20 Ministerial Meeting on Environment, Climate and Energy, which takes place in Naples on 22 and 23 July under the presidency of Italy.

Energy & Environment 20 July 2021

UK modelling report 'decouples energy from emissions'

UK modelling report 'decouples energy from emissions'

Diverse, scalable and low-cost applications for nuclear technologies have for the first time been fully represented across the whole energy system in a new modelling report published last week by the UK's National Nuclear Laboratory. The work, which was completed through the Advanced Fuel Cycle Programme, reveals potential routes to de-risk and lower the cost of achieving net zero. AFCP is led by NNL in partnership with the Department for Business, Energy and Industrial Strategy as part of the GBP505 million (USD702 million) Energy Innovation Programme.

Energy & Environment 21 June 2021

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Sustainable recovery receiving 'inadequate attention', says IEA

UK modelling report 'decouples energy from emissions'

Macron stresses importance of nuclear energy for France

Barclays highlights role of nuclear in net zero

Report highlights economic benefits of Canadian SMR deployment

Exelon announces early shutdown of four Illinois reactors

The real challenges to nuclear are external, says panel

NRC fees must change to enable innovation, says panel

Exelon splits utility and generation units

Barclays highlights role of nuclear in net zero

Barclays highlights role of nuclear in net zero

Nuclear energy's high load factors and reliability could make achieving net-zero affordable, according to a special report published yesterday by Barclays. Nuclear is "safer than commonly assumed", while new technology and further research could make it even cleaner, safer and cheaper, it says, "paving the way for a greater contribution to the global energy transition".

Energy & Environment 03 June 2021

Report highlights economic benefits of Canadian SMR deployment

Report highlights economic benefits of Canadian SMR deployment

The construction of the first BWRX-300 small modular reactor in Ontario will generate about CAD2.3 billion (USD1.9 billion) in GDP, CAD1.9 billion in labour income and more than CAD750 million in federal, provincial and municipal tax revenue, PwC Canada has estimated in an independent report commissioned by GE Hitachi Nuclear Energy.

New Nuclear 03 June 2021

NRC fees must change to enable innovation, says panel

NRC fees must change to enable innovation, says panel

As multiple advanced reactor vendors enter the licensing process to build first-of-a-kind demonstration projects, issues with the US Nuclear Regulatory Commission's current user fee cost recovery model could slow innovation and raise regulatory costs, according to a report published yesterday by the Nuclear Innovation Alliance (NIA). Reliance on applicant fees limits the ability of the NRC to hire and train staff ahead of expected applications, reducing regulatory efficiency, the report says.

Regulation & Safety 20 May 2021

NPT signatories must enable a renewed vision for nuclear, says Bilbao y León

NPT signatories must enable a renewed vision for nuclear, says Bilbao y León

US President Dwight Eisenhower's 'Atoms for Peace' speech to the UN General Assembly in 1953 is still relevant as the world of today confronts the existential threat of climate change, World Nuclear Association Director General Sama Bilbao y León told delegates at a preparatory event for the Tenth NPT Review Conference that is expected to take place in August. Speaking at the event - titled Industry and Peaceful Applications of Nuclear Technology - Bilbao y León called upon all signatories to the Treaty on the Non-Proliferation of Nuclear Weapons, which entered into force in 1970, to support the expansion of civil nuclear power.

Regulation & Safety 07 May 2021

Economic viability study a 'wakeup call' for US plants: NEI

Economic viability study a 'wakeup call' for US plants: NEI

Most of the nuclear plants in the PJM Interconnection wholesale electricity market - covering 13 US states and the District of Columbia - will not produce enough revenue to remain economically viable in the coming years, an independent economic evaluation has concluded.

Corporate 30 April 2021

Independent auditors recommend financial support for Illinois plants

Independent auditors recommend financial support for Illinois plants

An independent financial audit requested by the state of Illinois has found the Byron and Dresden nuclear power plants face "real risk" of becoming uneconomic in the near term. State support could help provide security for the plants to be part of a strategy for Illinois to transition to less carbon-emitting resources, the report finds.

Corporate 20 April 2021

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