UAE leads the way in peaceful nuclear energy

Building a nuclear energy programme is a truly global undertaking. It requires a strong and long-term commitment from the nation pursuing the programme, and partnerships with governments and global experts that offer guidance and insight based on best practices and operating experience. As the first new nuclear energy programme in decades, the UAE offers a …

Challenging the nuclear finance status quo

Financial challenges facing nuclear energy need to be tackled by disrupting the status quo to help drive down costs, delegates heard at the recent World Nuclear Association 2018 Symposium in London. Excluding nuclear energy drives up the cost of electricity in future low-carbon scenario projections, Idaho National Laboratory’s David Petti, executive director of the recently released MIT …

New IAEA Energy Projections See Possible Shrinking Role for Nuclear Power

Nuclear power’s electricity generating capacity risks shrinking in the coming decades as ageing reactors are retired and the industry struggles with reduced competitiveness, according to a new IAEA report. The declining trend may set back global efforts to mitigate climate change, IAEA Director General Yukiya Amano said. The 38th edition of Energy, Electricity and Nuclear Power …

Electric vehicles and opportunities for nuclear energy

The electrification of transport could potentially offer many opportunities for nuclear generation, Brandon Munro told the World Nuclear Association Symposium 2018 in London today. The acceleration in global sales of electric vehicles (EVs) over the past six years is a key litmus test signalling the reality of this shift, the CEO of Bannerman Resources said. …

2017 “exceptional” for India Department of Atomic Energy

The public sector undertakings and industrial units of India’s Department of Atomic Energy (DAE) performed “exceptionally well” in 2017, DAE chairman and secretary Sekhar Basu said at celebrations marking the 71st anniversary of Indian independence on 15 August. Nuclear generator Nuclear Power Corporation of India Ltd’s (NPCIL’s) 2017 profit of INR3367 crore (USD482 million) was …

Steady growth in nuclear generation continues

Global nuclear power generation in 2017 increased for the fifth consecutive year, reaching 2506 TWh, according to a new World Nuclear Association report. The Association says the industry is on target to meet the near-term goals of its Harmony programme. In the World Nuclear Performance Report 2018, the Association details power generation and construction achievements for the …

China’s plan to become a nuclear energy powerhouse

If China achieves the targets outlined in its Energy Development Strategy Action Plan, it will become the world’s nuclear energy leader and fundamentally change the global trajectory of the nuclear power industry. The big picture: It’s not a foregone conclusion that China will follow through on its plans, especially with the public resistance stemming from the …