funds needed for nuclear energy
1 year ago

funds needed for nuclear energy

The Hindu  

The story so far: On March 21, Brussels hosted the first-ever Nuclear Energy Summit, co-chaired by the Prime Minister of Belgium Alexander De Croo and the Director General of the International Atomic Energy Agency Rafael Mariano Grossi. Several world leaders joined the summit to highlight the role of nuclear energy in addressing climate change. Most importantly, nuclear power has the capacity to supply uninterrupted energy irrespective of geographical constraints making it a crucial component of the wider renewable energy mix. Nuclear power plants also have low operating costs, smaller land imprint and a longer life cycle compared to all the other renewable energy sources. Stigma, weaponisation risk, radiation leak, regulation, high upfront cost, and long project overruns are the reasons for low adoption rate of nuclear energy.

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History of this topic

Japan adopts new carbon reduction targets as it plans to boost nuclear and renewable energy by 2040
1 month, 1 week ago

Japan adopts new carbon reduction targets as it plans to boost nuclear and renewable energy by 2040

Associated Press  

TOKYO — Japan’s government adopted on Tuesday new decarbonization targets aiming to reduce greenhouse gas emissions by more than 70% from 2013 levels over the next 15 years, approving a renewed energy plan to help meet the goal. It marks an end to Japan’s nuclear energy phaseout policy adopted after the 2011 meltdown crisis at the Fukushima Daiichi power plant …

Why Atomic Power Fails as a Climate Solution – Data, Costs, and Industry Myths Debunked
1 month, 4 weeks ago

Why Atomic Power Fails as a Climate Solution – Data, Costs, and Industry Myths Debunked

The Hindu  

Published : Jan 31, 2025 21:32 IST - 8 MINS READ Thirteen years after his path-breaking book The Power of Promise: Examining Nuclear Energy in India comes Professor M.V. Ramana shows the historical underperformance of nuclear energy, including power projection targets that were widely off the mark, chronic cost and time overruns as well as overriding safety issues. Ramana writes: …

Japan to maximize nuclear power in clean-energy push as electricity demand grows
3 months ago

Japan to maximize nuclear power in clean-energy push as electricity demand grows

Live Mint  

TOKYO — A government-commissioned panel of experts on Wednesday largely supported Japan's new energy policy for the next few years that calls for bolstering renewables up to half of electricity needs by 2040 while maximizing the use of nuclear power as the country seeks to accommodate the growing power demand in the era of AI while meeting decarbonization targets. The …

Japan to maximize nuclear power in clean-energy push as electricity demand grows
3 months ago

Japan to maximize nuclear power in clean-energy push as electricity demand grows

Associated Press  

TOKYO — A government-commissioned panel of experts on Wednesday largely supported Japan’s new energy policy for the next few years that calls for bolstering renewables up to half of electricity needs by 2040 while maximizing the use of nuclear power as the country seeks to accommodate the growing power demand in the era of AI while meeting decarbonization targets. The …

Japan to maximize nuclear power in clean-energy push as electricity demand grows
3 months ago

Japan to maximize nuclear power in clean-energy push as electricity demand grows

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A government-commissioned panel of experts …

Is nuclear energy the key to a sustainable future?
6 months ago

Is nuclear energy the key to a sustainable future?

Hindustan Times  

The world faces an urgent energy challenge: how to meet rising global demand while combating climate change. As countries strive to decarbonise their economies, nuclear energy, once clouded by safety concerns and public skepticism, is making a comeback as a potential solution. For comparison, coal produces 820 grams of CO2 per kilowatt-hour, natural gas emits 490 gCO2 per kWh, while …

China makes remarkable progress in nuclear power industry chain
7 months ago

China makes remarkable progress in nuclear power industry chain

China Daily  

China has made remarkable progress in the scale and speed of nuclear power development in recent years with a comprehensive nuclear power industry chain, said a senior government official. China has seen the fastest growth in nuclear power during the past decade, accumulating extensive experience and engineering capabilities in nuclear technology research and development, engineering design, equipment manufacturing and construction …

China is 15 years ahead of US in nuclear power: Report
9 months, 1 week ago

China is 15 years ahead of US in nuclear power: Report

India TV News  

The US is as many as 15 years behind China on developing high-tech nuclear power as Beijing's state-backed technology approach and extensive financing give it the edge, a report said on Monday. "China’s rapid deployment of ever-more modern nuclear power plants over time produces significant scale economies and learning-by-doing effects, and this suggests that Chinese enterprises will gain an advantage …

UN nuclear chief says nuclear energy must be part of the equation to tackle climate change
1 year, 4 months ago

UN nuclear chief says nuclear energy must be part of the equation to tackle climate change

Associated Press  

UNITED NATIONS — Nuclear energy must be part of the equation to tackle climate change, the U.N. nuclear chief said Wednesday. Over a quarter of the electricity from nuclear power is low-carbon electricity and global carbon dioxide emissions would be considerably higher without nuclear power, Grossi said. And in Africa, where electricity capacity is set to grow fivefold by 2050, …

Nuclear-based energy could mitigate carbon emissions
1 year, 7 months ago

Nuclear-based energy could mitigate carbon emissions

Hindustan Times  

Extreme events due to the climate crisis have severe impacts on health, socio-economic development, and environment globally. In 2019, a total of 33 Gt of global CO2 emissions got reduced as a result of the energy mix of renewables, fuel switching from coal to gas and increased nuclear power generation, according to IAEA. The World Nuclear Association argues that energy …

Asia goes nuclear as climate, Ukraine banish memory of Fukushima
2 years, 8 months ago

Asia goes nuclear as climate, Ukraine banish memory of Fukushima

Al Jazeera  

Taipei, Taiwan and Kuala Lumpur, Malaysia – More than a decade after the Fukushima disaster shattered confidence in nuclear power, Asia is undergoing a nuclear renaissance. “When you factor these in, some nuclear power plants have the same carbon footprint as natural gas, a fossil fuel.” Sovacool said that his research also suggested that focusing government policies on greater energy …

EU faces nuclear rift in decision on energy funds, future
3 years, 3 months ago

EU faces nuclear rift in decision on energy funds, future

Associated Press  

BRUSSELS — The leaders of the European Union’s two most important nations faced reporters together during a joint news conference early Friday, a show of unity at the end of the EU’s final summit of the year. The group initially faced strong opposition from Germany and other members that wanted nuclear power to be ineligible for green financing, but Scholz …

China leading world energy transition: expert
8 years, 5 months ago

China leading world energy transition: expert

China Daily  

ISTANBUL - China is leading the world in transition to a sustainable energy system, as the second largest economy is set to play a "decisive" role in helping transform the global energy sector in the decades to come, a Chinese expert on Monday told the 23rd World Energy Congress underway here. Kang Yanbing, the director of the Energy Sustainability Center …

Nuclear power important in China's future energy mix: report
8 years, 8 months ago

Nuclear power important in China's future energy mix: report

China Daily  

WASHINGTON - Nuclear power will play an important role in China's future energy mix for emission reduction and economic growth, said a report issued here on Friday. China is ready to undergo a nuclear power revolution, with a targeted annual approval rate of six to eight new reactors under the 13th Five Year Plan, said the report on China's nuclear …

China nuclear power development set to quicken for cleaner growth
9 years ago

China nuclear power development set to quicken for cleaner growth

China Daily  

The Fuqing nuclear power plant is under construction. Nuclear power development was highlighted as a priority in the 13th Five-Year period, as the renewable energy will play an integral role in the government's push for greener growth. "Nuclear energy plays an irreplaceable role in China's energy security and energy structure optimization, it is also a solution to treat smog," noted …

China nuclear power development set to quicken for cleaner growth
9 years ago

China nuclear power development set to quicken for cleaner growth

China Daily  

The Fuqing nuclear power plant is under construction. Nuclear power development was highlighted as a priority in the 13th Five-Year period, as the renewable energy will play an integral role in the government's push for greener growth. "Nuclear energy plays an irreplaceable role in China's energy security and energy structure optimization, it is also a solution to treat smog," noted …

The problems with India's atomic energy expansion: A critique by a nuclear energy evangelist
9 years, 2 months ago

The problems with India's atomic energy expansion: A critique by a nuclear energy evangelist

Firstpost  

With India hoping to follow China in its rapid and mammoth nuclear power expansion, it merits consideration whether such an expensive yet foundational project is feasible. Furthermore, nuclear plants are built to last for 60 years, twice the lifespan of thermal power and thrice the duration of solar farms; nuclear regulatory authorities worldwide are looking at the latest nuclear power …

Nuclear firm gets resounding response from investors
9 years, 9 months ago

Nuclear firm gets resounding response from investors

China Daily  

Shares of China National Nuclear Power Co, a unit of one of the country's three largest State-owned nuclear operators, rose by the daily limit when they debuted in Shanghai on Wednesday. CNNP, a subsidiary of China National Nuclear Corp, raised about 13.2 billion yuan after pricing the deal at 3.39 yuan in its initial public offering, according to its statements …

Global nuclear majors target China[1]- Chinadaily.com.cn
10 years, 2 months ago

Global nuclear majors target China[1]- Chinadaily.com.cn

China Daily  

A foreign visitor examines a Chinese nuclear power plant model at an energy expo in Beijing. As nuclear power plants continue to be phased out by many countries, foreign energy giants are pinning their hopes on China's nuclear market, and its huge potential for growth. International energy companies including Russia's state atomic energy corporation Rosatom, French energy giant EDF and …

Nuclear plants to get the nod[1]
10 years, 11 months ago

Nuclear plants to get the nod[1]

China Daily  

Nuclear plants to get the nod Updated: 2014-04-21 07:31 By ZHAO YINAN/DU JUAN Major projects to ensure power supply in coastal areas, boost economic growth China is quickening its approvals for nuclear energy and will launch projects in coastal areas to ensure energy security and economic growth, according to the State Energy Commission. The latest approvals of nuclear plants and …

Nuclear to remain in energy mix
13 years, 6 months ago

Nuclear to remain in energy mix

China Daily  

A booth of the State Nuclear Power Technology Corp Ltd at the China International Nuclear Power Equipment Exhibition 2011. Carbon capture also key part of plan to cut emissions by 2015 BEIJING - Nuclear power will remain a component of China's energy mix to help the country reduce greenhouse gas emissions, with safety as a precondition, China's top climate change …

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