Related Topic: Economics

Energoatom is 'doomed to succeed', says vice president

Energoatom is 'doomed to succeed', says vice president

Ukraine's nuclear power plant operator will thrive in a free market and be able to export surplus electricity if the government removes impediments to its success, Herman Halushchenko, Energoatom's vice president of development, said in an interview with Energy Club last week. Asked where he sees the company in five years, he said: "There is good phrase for this - 'We are doomed to succeed'. We must give this unique company the opportunity to become truly successful."

Corporate 27 July 2020


Post-virus recovery a 'perfect opportunity' for nuclear job creation

Post-virus recovery a 'perfect opportunity' for nuclear job creation

Nuclear energy projects should be included in post-COVID recovery plans as they provide a large number of jobs that help boost the economy, the OECD-Nuclear Energy Agency says in its newly published Policy Brief, Creating high-value jobs in the post-COVID-19 recovery with nuclear energy projects.

Covid-19 21 July 2020


The inclusive route to low-carbon electricity

The inclusive route to low-carbon electricity

Successfully decarbonising the electricity sector requires suitable policies for the rapid deployment of all available low-carbon technologies, Jan Horst Keppler, senior economic advisor at the OECD Nuclear Energy Agency said yesterday. Keppler spoke during a webinar held to discuss the Paris-based agency’s newly published Policy Brief, Nuclear power and the cost-effective decarbonisation of electricity systems.

Energy & Environment 17 July 2020


French auditor calls for financing guarantee for future EPR projects

French auditor calls for financing guarantee for future EPR projects

EDF must ensure the financing and profitability of its proposed EPR2 reactor before starting construction of any plants based on the design in France, the country's state audit office has said. The EPR2 is a simplified version of the EPR design, construction of which has been hit by delays and cost increases in France and Finland.

New Nuclear 15 July 2020


Costs key to commercialisation of advanced reactors, says LucidCatalyst

Costs key to commercialisation of advanced reactors, says LucidCatalyst

Advanced reactors that have a capital cost of less than USD3000 per kilowatt will be attractive investments and create the most value for plant owners, a study by international consultancy LucidCatalyst has concluded. The report found flexible advanced reactors complement wind and solar in markets with high penetrations of renewables.

New Nuclear 14 July 2020


Speech: Nuclear jobs to help drive economic recovery

Speech: Nuclear jobs to help drive economic recovery

In these challenging and increasingly nationalistic times, it is important that leading international organisations seek to overcome institutional barriers and work together to deliver change, Agneta Rising, World Nuclear Association director general, said today. Rising was speaking during an OECD-Nuclear Energy Agency webinar on its newly published Policy Brief, Creating high-value jobs in the post-COVID-19 recovery with nuclear power projects. Publication of the report coincided with World Nuclear Association’s latest technical position paper, Employment in the nuclear and wind electricity generating sectors.

Perspectives 21 July 2020


Viewpoint: The nuclear option in the UK’s clean energy transition

Viewpoint: The nuclear option in the UK’s clean energy transition

As the UK government dithers on how to approach its Net Zero emissions by 2050 target, Hugo Lidbetter, a partner in energy and natural resources at law firm Fieldfisher, considers the role of nuclear in achieving the country's low-carbon future.

"The Moorside and Wylfa Newydd projects, each of which received hundreds of millions of pounds of private sector development costs, were respectively abandoned and put on hold due to lack of government support. Aside from recognising the role nuclear has to play in a Net Zero energy mix, the most obvious gap is a decision on a new build funding model."

Perspectives 20 July 2020


US benchmarking analysis shows growing momentum for decarbonisation

US benchmarking analysis shows growing momentum for decarbonisation

The US power sector made significant progress in the transition away from coal in 2019, driving substantial reductions in pollution from the power sector, according to a newly released benchmarking study of the country's 100 largest power producers. Nuclear made up 55% of the USA's zero-carbon resources.

Energy & Environment 13 July 2020


Speech: The golden thread of sustainable development

Speech: The golden thread of sustainable development

Scott Foster, director of the Sustainable Energy Division of the United Nations Economic Commission for Europe, describes how energy is the "golden thread" that connects the UN's Sustainable Development Goals, and that nuclear power has a role to play in the energy mix of the future. The following is the text of the presentation Foster gave during the webinar the OECD Nuclear Energy Agency held today to discuss its newly published Policy Brief, Nuclear power and the cost-effective decarbonisation of electricity systems.

Perspectives 16 July 2020


EU green strategies pay 'insufficient attention' to nuclear, says Foratom

EU green strategies pay 'insufficient attention' to nuclear, says Foratom

Foratom says it "remains concerned" that the European Commission is paying "insufficient attention" to low-carbon, non-fossil fuel sources of hydrogen, such as nuclear. The EU nuclear trade association was responding to two strategies the Commission released on 8 July for energy sector integration and hydrogen. Foratom said it welcomed the addition of a 'low-carbon hydrogen' category but said its usage should not be limited to the short and medium term.

Energy & Environment 09 July 2020