A policy and market environment that unlocks the mitigation potential of nuclear power will enable countries to adopt more ambitious targets in their Nationally Determined Contributions (NDCs) under the Paris Agreement, a paper prepared by Hal Turton, an energy economist in the Department of Nuclear Energy at the International Atomic Energy Agency shows. The paper, Nuclear Power and Climate Change: Scenario Perspectives to 2050, was presented last week at the Vienna-based agency’s first international conference on climate change and the role of nuclear power.
World Nuclear News 16th Oct 2019 read more »
The decline of nuclear in the global energy mix poses a threat to economies and efforts to reduce carbon emissions, International Energy Agency (IEA) Executive Director Fatih Birol said on Wednesday. Safety concerns, soaring costs and technological setbacks have slowed nuclear projects since the Fukushima nuclear plant disaster in Japan in March 2011. At the same time, despite governments setting ambitious targets to cut green house gas emissions responsible for global warming, emissions hit a record high in 2018. “This is a result of government failure,” Birol told an electricity conference in Paris. “There is a growing disconnect between government targets and what is happening in real life, a very dangerous disconnect,” said the boss of the IEA, which advises industrialised countries on energy issues. “I’m worried about the decline of nuclear in the energy mix if governments don’t change their policies,” Birol said referring to new capacity and lifespan extensions.
Reuters 16th Oct 2019 read more »