The 2024 edition of Climate Change and Nuclear Power has been released by the International Atomic Energy Agency. The 99-page report focuses on the need for a significant increase in investment to achieve goals for expanding nuclear power.

The report: According to the IAEA, the report delves into the financing of nuclear projects as ambitious climate targets draw nearer. It also explores the imperative for financial frameworks to help nuclear energy become a cornerstone of global decarbonization efforts and highlights the challenges and best practices in financing nuclear projects.

Nuclear power can play a significant role in helping countries solve the twin crises of energy and climate and securely transition to future energy systems dominated by renewables, according to a new report, Nuclear Power and Secure Energy Transitions: From Today’s Challenges to Tomorrow’s Clean Energy Systems, released June 30 by the International Energy Agency (IEA). The message is clear: Nuclear power can reduce reliance on imported fossil fuels, cut carbon dioxide emissions, and stabilize electricity systems; and building sustainable and clean energy systems will be harder, riskier, and more expensive without nuclear.

A group of six organizations have issued a statement to world leaders currently gathered at the G7 summit in Germany that highlights nuclear energy’s strengths in addressing the current global challenges of environmental sustainability and energy security and urges additional support.

The International Energy Agency’s newly published in-depth review of Canada’s energy policies, the first since 2015, urges the nation’s government to take more action in support of nuclear energy.

The 261-page report, Canada 2022 Energy Policy Review, released on January 13, features a 17-page section devoted to nuclear that includes four specific recommendations for Canada’s federal government:

The International Energy Agency released its flagship report, World Energy Outlook 2021, on October 13, “at a time when policymakers are contending with the impacts of both climate change and volatile energy markets” and ahead of the COP26 Climate Change Conference in Glasgow, which begins October 31. With a net-zero emissions by 2050 (NZE) scenario that calls for nuclear power capacity to almost double by 2050, the report acknowledges that rapid development of advanced nuclear technologies could expand opportunities for nuclear energy to provide low-carbon electricity, heat, and hydrogen.

U.S. energy secretary Jennifer Granholm and International Atomic Energy Agency director general Rafael Mariano Grossi met in Vienna yesterday during the agency’s 65th General Conference to launch preparations for the next IAEA International Ministerial Conference on Nuclear Power in the 21st Century, slated for October 26–28, 2022, in Washington, D.C.

The International Atomic Energy Agency has revised upward its projections regarding the potential growth of nuclear power’s capacity for electricity generation over the next three decades. The upward revision is the first by the IAEA since the Fukushima Daiichi accident in 2011.

Released last week, the 148-page report, Energy, Electricity and Nuclear Power Estimates for the Period up to 2050, provides detailed glimpses into possible nuclear futures in North America; Latin America and the Caribbean; Northern, Western, and Southern Europe; Eastern Europe; Africa; Western Asia, Southern Asia, and Central and Eastern Asia; Southeastern Asia; and Oceania. Global and regional nuclear power projections are presented as low and high cases.

Approximately 40 percent of cumulative carbon dioxide emission reductions needed to meet sustainability targets rely on technologies not yet commercially deployed on a mass-market scale, according to last year’s Special Report on Clean Energy Innovation from the International Energy Agency.

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Crapo

Intent on lowering that percentage, both the Senate and House earlier this week introduced bipartisan legislation to rapidly scale up and diversify emerging energy technologies. On July 27, Sens. Mike Crapo (R., Idaho), ranking member of the Senate Finance Committee, and committee member Sheldon Whitehouse (D., R.I.) introduced the Energy Sector Innovation Credit (ESIC) Act, or S. 2475. The credit, according to Crapo’s office, is a technology-inclusive, flexible investment tax credit (ITC) or production tax credit (PTC) designed to promote innovation across a range of clean energy technologies, including generation, energy storage, carbon capture, and hydrogen production.

The current orthodoxy on climate change—that it is an existential threat to global civilization—was challenged on June 15 during the 2021 ANS Virtual Annual Meeting's President’s Special Session, which featured two prominent dissenters from that view, Michael Shellenberger and Mark P. Mills.

The World Nuclear Association has issued a white paper advising the world’s policymakers and regulators to adopt a science-based, all-hazards risk assessment and management system that holistically evaluates the contributions of different energy sources and sets a level playing field.

The paper, Recalibrating Risk: Putting Nuclear Risk in Context and Perspective, states that disproportionately focusing on the risks posed by radiation can result in the acceptance of other, more significant risks. For example, the WNA says, while air pollution from heavy fossil fuel use worldwide has caused the early demise of millions, severely damaged the environment, and exacerbated climate change, nuclear power is routinely ostracized and its substantial contributions to global decarbonization disregarded.

The levelized costs of electricity generation from low-carbon technologies, including nuclear, are dropping and are increasingly below that of conventional fossil fuel generation, concludes a new report from the International Energy Agency and the OECD Nuclear Energy Agency (NEA).

The 223-page report, Projected Costs of Generating Electricity—2020 Edition, the ninth such jointly produced analysis, includes plant-level cost data on power generation from nuclear, natural gas, coal, and a variety of renewable sources, including wind, solar, hydro, and biofuels. The report provides data from 243 plants in 24 countries.

A video posted to Twitter by Vice News discusses the prospect of advanced reactors being an important mix of carbon-free power production in the United States. Hosted by Gelareh Darabi, an award-winning Canadian-British-Iranian journalist and documentary filmmaker, the video provides quick and easy statistics for the general audience and pulls from social media influencer I_sodope. It also includes comments from nuclear experts.