World leaders have a critical opportunity at the G7 and Pre-COP summits “to set a bold new direction” in the fight against climate change, six nuclear industry groups say in an open letter published today. The letter was signed by the heads of the Canadian Nuclear Association, Europe’s Foratom, the Japan Atomic Industrial Forum, the …
The UK’s Department for Business, Energy and Industrial Strategy (BEIS) yesterday opened the Generic Design Assessment (GDA) to advanced nuclear technologies. BEIS has also published a policy paper stating that the advanced nuclear sector has the potential to play an important part in the UK’s Industrial Strategy. GDA is a process carried out by the …
Mining companies need to invest nearly $1.7 trillion in the next 15 years to help supply enough copper, cobalt, nickel and other metals needed for the shift to a low carbon world, according to consultancy Wood Mackenzie. The United States, Britain, Japan, Canada and others raised their targets on cutting carbon emissions to halt global …
The White House has signaled privately to lawmakers and stakeholders in recent weeks that it supports taxpayer subsidies to keep nuclear facilities from closing and making it harder to meet U.S. climate goals, three sources familiar with the discussions told Reuters. New subsidies, in the form of “production tax credits,” would likely be swept into …
China now leads the world in total energy production and also produces almost twice the amount of electricity that the United States does, 4.4 trillion kWh versus 7.5 trillion kWh per year, respectively. With over a third of China’s population still being energy poor or in abject poverty, this will grow even more. And a …
The Canadian Nuclear Association, Europe’s Foratom, the Japan Atomic Industrial Forum, the USA’s Nuclear Energy Institute, the UK’s Nuclear Industry Association and World Nuclear Association have issued a joint statement ahead of the Leaders Summit on Climate that starts today. At the invitation of US President Joe Biden, world leaders will convene for the two-day …
Dive Brief: While the Biden administration has indicated support for nuclear energy and advanced reactors, state policies valuing the resource continue to be necessary to keep existing plants on the grid, the Nuclear Energy Institute (NEI) said in its annual State of Nuclear Energy address on Tuesday. The nuclear industry group applauded the introduction of …
A $75 million fund for domestically mined uranium came after years of lobbying and campaign donations from the industry. When the latest COVID-19 relief bill was signed into law by President Donald Trump on Dec. 27, uranium companies with mines in the United States cheered. And that included a big one with operations in Utah. …
Nuclear power could produce one-third of the UK’s clean hydrogen needs by 2050, according to the Hydrogen Roadmap agreed by the Nuclear Industry Council (NIC) last week. The NIC, co-chaired by the Minister for Business, Energy and Clean Growth and the Chairman of the Nuclear Industry Association, sets strategic priorities for government-industry collaboration to promote nuclear power …
The government must commit to developing more nuclear capacity if the UK is to cope with the expected doubling of electricity demand by 2050, a new report has found. According to the Centre for Policy Studies, failure to invest in new nuclear power could see the UK forced to choose between hitting its net zero …