Related Topic: Economics

Speech: The developing world's right to have nuclear energy

Speech: The developing world's right to have nuclear energy

Access to affordable, technology-neutral financing is essential if energy-poor countries are to enjoy the benefits of nuclear power in the way the Western world already does, World Nuclear Association Director General Sama Bilbao y León told the Atlantic Council Global Energy Forum today. The following is her statement to the panel titled Delivering energy access in the developing world.

Perspectives 20 January 2021


The real challenges to nuclear are external, says panel

The real challenges to nuclear are external, says panel

The challenges the nuclear industry faces are largely external and must be overcome if it is to help tackle the existential threat of climate change, panellists in the Nuclear Energy and its Future session of the Reuters Next conference on 11 January said. These challenges include: the notion nuclear is an out-dated technology; the cost of finance; market design; political changes; perceived competition with renewable energy; and the public's misconceptions about radioactive waste.

Energy & Environment 14 January 2021


Energoatom accepts need for fixed power prices

Energoatom accepts need for fixed power prices

Ukrainian nuclear power plant operator Energoatom says it understands the urgent decision taken by the Cabinet of Ministers on 28 December to extend regulations governing the electricity market. One of these regulations is to set a low price for electricity sold to the Guaranteed Buyer within the Public Service Obligation mechanism.

Corporate 31 December 2020


Sweden's Ringhals 1 closes for last time

Sweden's Ringhals 1 closes for last time

Ringhals 1 today became the fourth reactor to close in Sweden in the last seven years. The unit, on the west coast of the country, was permanently disconnected from the national grid after 44 years of operation, according to data from its operator, Ringhals AB, which is owned by Vattenfall (70.4%) and Sydkraft Nuclear Power (29.6%).

Corporate 31 December 2020


Message: Looking towards the light of 2021

Message: Looking towards the light of 2021

"It would not be a stretch to describe 2020 as an unforgettable year, with the on-going coronavirus pandemic having caused tremendous suffering and economic hardship across the world, and turning everyone's life upside down," writes World Nuclear Association Director General Sama Bilbao y León. "But this year has shown us that we can come together as a global community to fight a common adversary." Bilbao y León took over the reins of the London-headquartered organisation in October.

Perspectives 30 December 2020


Nuclear electricity costs set to decrease, study finds

Nuclear electricity costs set to decrease, study finds

The levelised costs of electricity generation of low-carbon generation technologies are falling and are increasingly below the costs of conventional fossil fuel generation, according to a report by the OECD Nuclear Energy Agency and the International Energy Agency. The cost of electricity from new nuclear power plants remains stable, yet electricity from the long-term operation of existing plants constitutes the least cost option for low-carbon generation. Nuclear electricity is expected to have lower costs in the near future, the report says.

Energy & Environment 09 December 2020


Speech: The business case for nuclear energy

Speech: The business case for nuclear energy

The case for nuclear as a proven source of clean, reliable and sustainable electricity supply should be clear to all, but the business case for nuclear is also becoming better understood, World Nuclear Association Director General Sama Bilbao y León told delegates at the New Nuclear Capital 2020 virtual conference yesterday. The following is an abridged version of her presentation.

Perspectives 11 December 2020


Macron stresses importance of nuclear energy for France

Macron stresses importance of nuclear energy for France

French President Emmanuel Macron said yesterday that France's energy and ecological future depends on nuclear power. Speaking during a visit to Framatome's Le Creusot facility, Macron said the industry comprises 3000 companies and 220,000 jobs, with 5000 new hires planned for 2021 in spite of the crisis caused by the pandemic. "Few sectors offer as much, in particular to our young people and all across the country," Macron tweeted.

Nuclear Policies 09 December 2020


S&P sees limited role for nuclear in EU energy transition

S&P sees limited role for nuclear in EU energy transition

The European Union's clean energy transition "leaves a number of legacy technologies on the side" with an approach that is "more political economy than market economy", an analyst from S&P Global Ratings’ Infrastructure and Utilities practice said this week.

Energy & Environment 18 November 2020


Nuclear power can speed progress in the developing world

Nuclear power can speed progress in the developing world

If the world is to win the fight against climate change, it is vital that developing countries, including those on the African continent, adopt low-carbon electricity systems that can also keep pace with increased demand created by population growth. This was the message of Philippe Costes, senior advisor to the director general of World Nuclear Association, to participants in the Power & Electricity World Africa 2020 conference held on 6 November.

Energy & Environment 12 November 2020