Energy and Environment rss

Bloomberg sees 60% rise in nuclear generating capacity by 2040

15 July 2016

Nuclear generating capacity will grow by some 60% by 2040, but its share of total installed capacity will decrease from 5% in 2015 to 4%, according to the latest annual forecast by Bloomberg New Energy Finance. In its New Energy Outlook 2016, Bloomberg also says continued low gas and coal prices will not derail the advance of renewable energy sources and zero-emission energy sources will make up 60% of global installed generating capacity by 2040.

UK sets fifth carbon budget

30 June 2016

The UK government has set a fifth carbon budget aimed at cutting the country's carbon dioxide emissions by almost 57% by 2032 compared with 1990 levels. Legislation ultimately aims to cut the UK's emissions by 80% by 2050.

Counting the cost of air pollution

27 June 2016

Two recent publications have highlighted the issue of air pollution, including that from energy generation. The International Energy Agency today published a strategy for cutting premature deaths from air pollution, while the Organization for Economic Cooperation and Development has studied its economic costs.

New York State sets out subsidy proposals

12 July 2016

The New York Department of Public Service has put forward a proposal to help preserve New York's upstate nuclear power plants by valuing their zero-emissions attributes based on the social cost of carbon. The department estimates that the state will realize $5 billion in benefits in the first two years alone if the proposal is implemented.

North American leaders commit to 50% clean power goal

30 June 2016

Nieto-Trudeau-Obama-(Govt-of-Canada)-48The leaders of Canada, Mexico and the USA pledged yesterday to generate 50% of their energy using clean power sources by 2025, using sources including nuclear, renewable and carbon capture and storage technologies.

Climate goals call for speedier expansion of nuclear power

22 June 2016

Despite challenging market conditions, the global nuclear industry delivered a strong operating performance and improvements in construction times of new reactors in 2015, according to a new report from the World Nuclear Association. The report says that if the world is to meet its climate change targets then the rate of new build will need to accelerate.