Nuclear power to 2030: key countries

THE GROWING DEMAND FOR ELECTRICITY across the globe and the necessity of developing and using safe, reliable and economical sources of electricity are pushing countries to build new nuclear reactors. Globally, there are more than 400 active nuclear reactors that are currently in operation and 54 nuclear reactors are under construction in 17 different countries. …

EU experts to assess nuclear power’s green credentials

The European Commission has mandated its in-house research body, the Joint Research Centre (JRC), to assess whether nuclear power should be considered as a “green” technology under the EU’s sustainable finance taxonomy. Should nuclear power be considered “green” because it is a low-carbon source of energy? Or does the issue of radioactive waste automatically disqualify …

IEA says nuclear is not on track to meet sustainability goals

The International Energy Agency’s (IEA’s) latest Clean Energy Progress Track report published on 11 June, assesses the full range of energy technologies and sectors. Only six out of 46 technologies and sectors were “on track” with the IEA’s Sustainable Development Scenario (SDS), which maps out pathway to reach the goals of the Paris Agreement on …

Trump administration seeks to use global aid for nuclear projects

The Trump administration is taking the first steps toward allowing international development funds to be spent on nuclear projects, working to lift a longtime prohibition on how the anti-poverty funds can be spent. The Wednesday proposal from the Development Finance Corporation (DFC) would make it perhaps the only government development agency in the world to use its …

Tonko sees role for nuclear in net-zero emissions push

The New York congressman conceded the Covid-19 pandemic has “disrupted” Democrats’ plans to consider climate change legislation this year. Rep. Paul Tonko (D-N.Y.), who is fine-tuning legislation in the House that aims to push the U.S. toward net-zero greenhouse gas emissions by 2050, said on Tuesday he did not favor banning nuclear power. “Clean energy …

Kazakhstan loosens grip on world’s top uranium miner – MINING.COM

Kazakhstan’s sovereign wealth fund, Samruk Kazyna, said on Wednesday it had sold a 6.27% stake in Kazatomprom, the world’s top state-owned uranium miner, for $206 million in a move that sought to take advantage of improved market sentiment. The fund, created in 2008, said it sold the shares at $13 per global depositary receipt, a discount of …

China to dominate nuclear power as Beijing bets on homegrown reactors

China probably won’t hit its nuclear energy target this year, but that’s unlikely to derail a broader ambition to become the planet’s chief proponent of the climate-friendly fuel by the end of the decade. In an energy mix that’ll still heavily feature coal and other fossil fuels, government researchers have said that nuclear capacity could …

Keeping the World Safe From Iran’s Nuclear Program

Today, I am announcing the end of the sanctions waiver covering all remaining JCPOA-originating nuclear projects in Iran – the Arak reactor conversion, the provision of enriched uranium for the Tehran Research Reactor, and the export of Iran’s spent and scrap research reactor fuel. The sanctions waiver covering these activities will end following a final, …

Russia looks to 2030

THE RUSSIAN FEDERATION’S ENERGY STRATEGY document sets out energy policy up to 2020. Its main provisions were approved by the government in 2000 and confirmed in 2003. The strategy outlines several priorities: an increase in energy efficiency; reduction of environmental impacts; more sustainable development, energy development and technological development; as well as improved effectiveness and …

The folly of removing US caps on Russian nuclear fuel imports

The Trump administration’s recent Nuclear Fuel Working Group report provides a sobering view of the national security threat posed by Russia’s aggressive global strategy to dominate the nuclear power and fuel industry to extend its geopolitical influence. The report warns of Russia’s efforts to increase its market share of the U.S. nuclear fuel industry and …