Related Topic: Economics

Costs key to commercialisation of advanced reactors, says LucidCatalyst

Costs key to commercialisation of advanced reactors, says LucidCatalyst

Advanced reactors that have a capital cost of less than USD3000 per kilowatt will be attractive investments and create the most value for plant owners, a study by international consultancy LucidCatalyst has concluded. The report found flexible advanced reactors complement wind and solar in markets with high penetrations of renewables.

New Nuclear 14 July 2020


US benchmarking analysis shows growing momentum for decarbonisation

US benchmarking analysis shows growing momentum for decarbonisation

The US power sector made significant progress in the transition away from coal in 2019, driving substantial reductions in pollution from the power sector, according to a newly released benchmarking study of the country's 100 largest power producers. Nuclear made up 55% of the USA's zero-carbon resources.

Energy & Environment 13 July 2020


EU green strategies pay 'insufficient attention' to nuclear, says Foratom

EU green strategies pay 'insufficient attention' to nuclear, says Foratom

Foratom says it "remains concerned" that the European Commission is paying "insufficient attention" to low-carbon, non-fossil fuel sources of hydrogen, such as nuclear. The EU nuclear trade association was responding to two strategies the Commission released on 8 July for energy sector integration and hydrogen. Foratom said it welcomed the addition of a 'low-carbon hydrogen' category but said its usage should not be limited to the short and medium term.

Energy & Environment 09 July 2020


Speech: The resilience of nuclear power

Speech: The resilience of nuclear power

Sama Bilbao y Leon of the OECD Nuclear Energy Agency describes how resilience - the capacity to withstand and bounce back from major disruptions - takes many forms at nuclear power plants. The following is an abridged version of the presentation she gave during the webinar the Paris-based organisation held today to discuss its newly published Policy Brief, Building low-carbon resilient electricity infrastructures with nuclear energy in the post-COVID-19 era.

Perspectives 10 July 2020


NEA study sets scene for reducing nuclear costs

NEA study sets scene for reducing nuclear costs

Building new nuclear capacity does not need to be risky or expensive, a new report from the OECD Nuclear Energy Agency has found. The organisation has called for government action to support a rapid reduction in the costs of new nuclear capacity by creating policy frameworks that capture and apply the lessons learned and capabilities developed over recent years.

Nuclear Policies 03 July 2020


LTO essential for cost-effective climate benefits of nuclear

LTO essential for cost-effective climate benefits of nuclear

More governments must introduce policies to support the long-term operation of nuclear power plants to maximise the environmental, employment and economic benefits they bring, the World Nuclear Association said yesterday on the publication of its new technical position paper The Enduring Value of Nuclear Energy Assets.

Energy & Environment 01 July 2020


Interview: The importance of long-term operation

Interview: The importance of long-term operation

To coincide with the publication of the World Nuclear Association's technical position paper The Enduring Value of Nuclear Energy Assets, World Nuclear News interviewed the co-chairs of the Long-term Operation Task Force, Michael Baron and Abdou Al Mazouzi.

Perspectives 01 July 2020


Energoatom makes plea for fairer market rules

Energoatom makes plea for fairer market rules

Ukraine's electricity market discriminates against nuclear power and recent reforms do little to help Energoatom's mounting debts, Petro Kotin, acting president of the state-owned nuclear power plant operator has said. Recent amendments to electricity market regulations enable Energoatom to sell just 5% of its generation through bilateral contracts, but the company wants this to be increased to 50%.

Corporate 24 June 2020


European power prices impacted by COVID-19 pandemic

European power prices impacted by COVID-19 pandemic

Weaker economic activity amid the COVID-19 pandemic means that S&P Global Ratings' base-case assumptions for power prices in some of Europe's main markets in 2020-2021 are now up to 20% lower than its previous assumptions in November 2019. This, it says, is despite a drastic cut in French nuclear power production rates over the coming three years.

Covid-19 17 June 2020


Nuclear power now ‘off track’ in IEA's Sustainable Development Scenario

Nuclear power now ‘off track’ in IEA's Sustainable Development Scenario

The world is not on track to meet the energy-related components of the United Nations Sustainable Development Goals, according to a new report from the International Energy Agency. The IEA's Sustainable Development Scenario outlines a major transformation of the global energy system, showing how the world can change course to deliver on the three main energy-related SDGs simultaneously.

Energy & Environment 10 June 2020