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Speech: The resilience of nuclear power

Speech: The resilience of nuclear power

Sama Bilbao y Leon of the OECD Nuclear Energy Agency describes how resilience - the capacity to withstand and bounce back from major disruptions - takes many forms at nuclear power plants. The following is an abridged version of the presentation she gave during the webinar the Paris-based organisation held today to discuss its newly published Policy Brief, Building low-carbon resilient electricity infrastructures with nuclear energy in the post-COVID-19 era.

Perspectives 10 July 2020


JRC to assess nuclear's inclusion in EU Taxonomy

JRC to assess nuclear's inclusion in EU Taxonomy

Foratom, the European nuclear trade body, has welcomed the European Commission's decision to appoint its Joint Research Centre as the group of experts that will assess nuclear under the sustainable finance taxonomy. However, the JRC will not submit its findings until next year, after the relevant acts have already been finalised.

Nuclear Policies 06 July 2020


NEA study sets scene for reducing nuclear costs

NEA study sets scene for reducing nuclear costs

Building new nuclear capacity does not need to be risky or expensive, a new report from the OECD Nuclear Energy Agency has found. The organisation has called for government action to support a rapid reduction in the costs of new nuclear capacity by creating policy frameworks that capture and apply the lessons learned and capabilities developed over recent years.

Nuclear Policies 03 July 2020


Viewpoint: Combining the RAB and alliance models for new nuclear in the UK

Viewpoint: Combining the RAB and alliance models for new nuclear in the UK

Using the regulated asset base model has the potential for cost-overrun that can be somewhat addressed through the 'alliance' model, that is, a model based on one unified agreement under which all parties share the benefits and risks, write Vincent Zabielski and Elina Teplinsky, respectively, special counsel and partner at Pillsbury Winthrop Shaw Pittman LLP.

Perspectives 07 July 2020


UK industry presents nuclear roadmap to net-zero

UK industry presents nuclear roadmap to net-zero

Plans for a clean economic recovery and the goal of 'Net Zero by 2050' need commitment to new nuclear power plants, the UK’'s Nuclear Industry Association said today. Ahead of the Climate Change Committee's annual progress update due this week, the NIA has released Forty by ’50: A Nuclear Roadmap, an assessment produced for the government and industry body, the Nuclear Industry Council.

Nuclear Policies 24 June 2020


Help coal-dependent countries switch to nuclear, ministers tell EU

Help coal-dependent countries switch to nuclear, ministers tell EU

If the European Commission is serious about its efforts to support the post-virus economic recovery and to achieving a clean energy transition, then it will correct the omission of nuclear energy in its Green Deal package and in the EU Taxonomy, Czech and Polish ministers have written in letters to Frans Timmermans and Kadri Simons, respectively the first vice president of the European Commission and the European commissioner for energy.

Energy & Environment 24 June 2020


IEA recovery plan proposes investment in nuclear

IEA recovery plan proposes investment in nuclear

Investing in existing nuclear power plants, new nuclear build and supporting innovation in small modular reactors are among measures set out to support a broad range of clean energy technologies in an energy-focused COVID-19 economic recovery plan released today by the International Energy Agency. Its emphasis for nuclear investment, however, is on existing plants rather than new power units.

Nuclear Policies 18 June 2020


Polish climate minister lists benefits of adopting nuclear

Polish climate minister lists benefits of adopting nuclear

Nuclear power will give Poland energy security, keep its rapid industrialisation cost-competitive and help it to achieve climate neutrality, Minister of Climate MichaƂ Kurtyka said during a Nuclear Energy Agency WebChat this week. In conversation with NEA Director General William Magwood, Kurtyka said Poland had long-coveted nuclear power and was looking forward to the many benefits it offers as the country plans a clean energy future.

Nuclear Policies 17 June 2020


US development bank proposes end to nuclear finance ban

US development bank proposes end to nuclear finance ban

The US International Development Finance Corporation has proposed policy changes that would remove a prohibition on it providing support for nuclear power projects. This would enable the DFC to offer financing for projects to deploy technologies such as small modular reactors in developing countries.
 

Nuclear Policies 11 June 2020


Brazil prepares to resume Angra 3 project

Brazil prepares to resume Angra 3 project

Brazil's Investment Partnership Programme council has approved a plan to complete unit 3 of the Angra nuclear power plant. Created by the government to expand and strengthen the relationship between the state and the private sector, the PPI's main objective is to generate jobs and growth for the country through new investments in infrastructure projects and privatisation.

New Nuclear 11 June 2020