IAEA highlights nuclear’s role in combating climate change

Nuclear power can make a “vital contribution to meeting climate change targets while delivering the increasingly large quantities of electricity needed for global economic development,” according to a new report by International Atomic Energy Agency (IAEA). The report, Climate Change and Nuclear Power 2018, was published last week and has been updated from the last report …

Nuclear costs must fall to be competitive, says NEA’s Magwood

If countries are serious about combatting climate change, then they will reform their electricity markets, William Magwood, director general of the OECD Nuclear Energy Agency (NEA), told delegates at the World Nuclear Association Symposium 2018 held in London last week. Magwood highlighted one of the three objectives of the Harmony initiative – a level playing …

Electric utilities at risk from climate goals despite Paris exit, Moody’s says

Credit ratings giant Moody’s is warning that a big chunk of the nation’s electric utilities are at risk of closing because of the transition toward renewable energy, which is occurring despite President Trump’s decision to pull the U.S. out of the Paris climate change agreement. The report, issued Tuesday, says not-for-profit public power and cooperative …