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WNA Press Release 29 January 2015: IEA/OECD NEA says nuclear global capacity must more than double

The new Nuclear Energy Technology Roadmap published by the IEA and OECD NEA says nuclear energy allows countries to build scalable, efficient and long-term power sources that can serve as a base to underpin other forms of low-carbon generation. The report says nuclear global capacity must more than double by 2050, with nuclear supplying 17% of global electricity generation by then, to meet the IEA 2 Degree Scenario for the most effective and efficient means of limiting global temperature rise. 

The report highlights the need for stable, long-term investment frameworks to allow capital-intensive low carbon projects, such as nuclear power plants, to be developed. The roadmap also emphasises the need for greater certainty in electricity prices, including the cost of carbon emissions.

Agneta Rising, World Nuclear Association Director General, said; "We agree with the report's assessment of nuclear energy as an important part of the generation mix needed for a sustainable energy future.  Governments must play their part in creating markets that support long-term low carbon investments. Nuclear energy is much needed as it is reliable, affordable and clean. We in the industry must work to ensure that we deliver this in a timely and cost-effective way."

The IEA is an autonomous organisation which works to ensure reliable, affordable and clean energy. The Nuclear Energy Agency (NEA) is a specialised agency within the Organisation for Economic Co-operation and Development (OECD). The Nuclear Energy Technology Roadmap is available at:  http://www.iea.org/newsroomandevents/news/2015/january/taking-a-fresh-look-at-the-future-of-nuclear-power.html and http://www.oecd-nea.org/pub/techroadmap/

The World Nuclear Association (WNA) is the international organisation that represents the global nuclear industry. Its mission is to promote a wider understanding of nuclear energy among key international influencers by producing authoritative information, developing common industry positions, and contributing to the energy debate, as well as to pave the way for expanding nuclear business.

Media Contacts

Jonathan Cobb: +44(0)20 7451 1536
David Hess: +44(0)20 7451 1543 
press@world-nuclear.org

 


World Nuclear Association Press Release: 15 January 2015

Asia's projected $781 billion nuclear energy investment needs continuing international cooperation

Continuing the strong cooperation between Chinese and international nuclear companies will ensure that China can play its part in the global nuclear supply chain. 

WNA Director General Agneta Rising said:

"We must build on the international partnerships forged in developing China's nuclear generation programme so that China can play its part in delivering the global expansion of clean and reliable nuclear energy the world so clearly needs."

Ms Rising was speaking at World Nuclear Spotlight 2015 conference, taking place in Beijing, China on 15 January 2015.

The potential market for the global nuclear supply chain is set out in The World Nuclear Supply Chain: Outlook 2030 report, which is launched today by the World Nuclear Association

The report's findings including:

1. Under a reference scenario that envisages the start-up of 266 new reactors, an investment of some $1.2 trillion would be required by 2030.

2. Taking into account nuclear power plant construction and refurbishment projects for long-term operation the international market for suppliers could be worth $30 billion per year.

3. The largest region of growth will be Asia - primarily China - where 47 reactors are currently under construction and a further 142 are forecast by 2030. Investment in nuclear projects in Asia could reach $781 billion over the period.

Press copies of The World Nuclear Supply Chain: Outlook 2030 are available on request from the media contacts listed below.


Media Contacts

Jonathan Cobb: +44(0)20 7451 1536
David Hess: +44(0)20 7451 1543
press@world-nuclear.org

7 January 2015

Beijing meeting puts the spotlight on China’s nuclear energy progress

World Nuclear Association, in cooperation with the Chinese Nuclear Society, is organising an exciting one-day conference on 15 January 2015 in Presidential Hotel Beijing. World Nuclear Spotlight 2015  brings leading figures from the international industry together in the capital city of the world's fastest growing nuclear market.

Attendees will:

  • learn about China's plans for the expansion of its reactor fleet and fuel cycle facilities, and the challenges it faces
  • discover the opportunities on offer to foreign nuclear companies and investors
  • discuss the potential flow-on benefits that the Chinese program offers to the world in terms of learning and innovation

With over 25 years of history in nuclear power and boasting the world's largest and most diverse new-build program the Chinese nuclear industry is now a leading player. Committed to localising its supply chain and deploying its own advanced reactor technology, Chinese companies are increasingly turning their attention to opportunities in overseas markets such as Pakistan, Argentina, Romania, South Africa and the UK. Can it achieve with nuclear a similar level of export success as it has for other infrastructure projects?

To find out, register and come along to Presidential Hotel Beijing (9 Fuchengmenwai Road, Xicheng District, Beijing 100037). Members of the press can attend for free and will have the chance to meet and interview a range of experts and high-level speakers.

 

Media Contact

Francois Morin:
+86 158 10 230 740
francois.morin@world-nuclear.org

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12 November 2014

IEA World Energy Outlook: urgent action required  

The World Nuclear Association shares the concerns outlined in the International Energy Agency's World Energy Outlook, which shows that urgent action would be needed to steer the world's energy system onto a safer, low-carbon path.

WNA Director General Agneta Rising said:

"The IEA's central scenario would set us on a path of a dangerous increase in global temperatures. We must act to switch to cleaner and more affordable energy sources. Nuclear is a cost-effective way of producing reliable low-carbon electricity on a large scale. Nuclear must form an increasing part of the world's energy supply if we are to get serious about addressing climate change."

This year's World Energy Outlook includes a special focus on nuclear energy, examining at the outlook for nuclear power and its implications.

WNA welcomes the report's recognition of the many benefits of nuclear energy, such as enhanced energy security, system reliability and low emissions. The report states:

"Nuclear plants can contribute to the reliability of the power system where they increase the diversity of power generation technologies in the system. For countries that import energy, it can reduce their dependence on foreign supplies and limit their exposure to fuel price movements in international markets."

"Nuclear power is one of the few options available at scale to reduce carbon-dioxide emissions while providing or displacing other forms of baseload generation.It has avoided the release of an estimated 56 gigatonnes of CO2 since 1971, or almost two years of total global emissions at current rates."

Media Contacts

Jonathan Cobb: +44(0)20 7451 1536
David Hess: +44(0)20 7451 1543
press@world-nuclear.org

 

31 October 2014

Governments must act on IPCC report to deliver low carbon energy  

The Synthesis Report of the Intergovernmental Panel on ClimateChange (IPCC) will be published in the coming days.  This report is expected to confirm increasing understanding of the science of climate change and certainty over what we need to do to limit its impacts.

The Synthesis Report will be the final publication of the IPCC's Fifth Assessment Report, which has already seen the publication of the IPCC Working Group III report on climate change mitigation.

The Working Group III report is clear in stating that achieving deep cuts in greenhouse gas emissions will require more intensive use of low‐GHG technologies such as nuclear energy, as well as renewable energy and CCS.

World Nuclear Association Director General Agneta Rising said: 

"The IPCC is clear in asserting that we risk serious disruption to our climate and our economics unless we increase the use of low carbon technologies, including nuclear energy. It is time for those countries who have committed themselves to taking action on climate change to deliver a low carbon energy sector."

"Nuclear is a cost-effective way of producing reliable low-carbon, electricity on a large scale and must form an increasing part of the solution if the world is to get serious about reducing its dependence on fossil fuels."

"A tripling or quadrupling of low carbon electricity generation, including nuclear energy, is required by most of the scenarios considered by the IPCC that avoid the worst effects of climate change"

Globally, nuclear energy avoids the emission of more than two billion tonnes of carbon dioxide each year, compared to coal-fired generation. 

The IPCC WG III report confirmed nuclear energy among the lowest carbon forms of generation, taking into account both direct emissions and lifecycle emissions, ranking alongside wind turbines at 12g CO/kWh. Hydro and solar have emissions of 24g CO2/kWh and 28g CO2/kWh respectively.

Although identified as low carbon options, biomass has total emissions of 220g CO2/kWh and fossil fuels with CCS 160-220g CO2/kWh, much higher than those of nuclear and renewables, although lower than high-carbon generation from gas (490g CO2/kWh) and coal (920g CO2/kWh).

Media Contact

Jonathan Cobb: +44(0)20 7451 1536  press@world-nuclear.org

 

 

8 October 2014 

EU Commission sets precedent for new nuclear generation in UK


The World Nuclear Association welcomes today's decision by the European Commission to approve the investment contract for EDF Energy's Hinkley Point C project as a key step towards a new generation of nuclear power plants in the UK.

Agneta Rising, Director General, World Nuclear Association said:

"Today's announcement takes the UK forward towards joining the global investment trend in a new generation of clean, affordable and reliable nuclear energy. The move puts nuclear alongside other forms of clean generation in a market mechanism called Contract for Difference, which is part of the UK Government's pioneering Electricity Market Reform."

"The Electricity Market Reform is an innovative approach to encourage the decarbonisation of the electricity supply system in a deregulated market. The decision will be welcome by all those planning new nuclear build projects in the EU and similar markets."

Notes to Editors

Nuclear energy currently supplies around a fifth of the electricity in the UK and 11% of electricity globally.

More than 70 nuclear power plants are now under construction around the world, the highest number in more than 20 years.

Globally nuclear energy currently avoids the release of more than two billion tonnes of carbon dioxide each year, compared to generating the same amount of electricity from coal-fired generation.

Nuclear power plants and renewables such as wind and solar generate electricity with very low levels of greenhouse gas emissions. Nuclear power plants have the advantage of generating a constant and predictable amount of electricity.

The World Nuclear Association (WNA) is the international organisation that represents the global nuclear industry. Its mission is to promote a wider understanding of nuclear energy among key international influencers by producing authoritative information, developing common industry positions, and contributing to the energy debate, as well as to pave the way for expanding nuclear business.

Media Contact

Jonathan Cobb: +44(0)20 7451 1536 press@world-nuclear.org

 

1 October 2014

Swedish coalition's energy policy out of tune with public opinion

The shift to a more anti-nuclear energy policy in Sweden, as proposed by the emerging Swedish coalition of Social Democrats and the Green Party, is out of tune with public opinion and a bad example to the rest of the world, according to World Nuclear Association Director General Agneta Rising.

The coalition policy would put additional charges on existing stations, aimed at forcing at least two to close in the near term. The new policy would also stop work aimed at developing new nuclear plants on existing reactor sites.

WNA Director General Agneta Rising said:

"This seems to be very bad situation for Sweden because there is strong support for using nuclear power in the country and the electricity system is working very well.

From regulation to the operation of nuclear power plants, to a fully-costed system for taking care of the waste, there are no major obstacles in the way of the system, which has worked well for more than 40 years. "

The World Energy Council rated Sweden third out of 129 countries in its 2013 Energy Sustainability Index, which considers the energy security, energy equity and environmental sustainability of each country's energy performance.

Rising said:

"Sweden has an electricity system that is almost optimal when you consider that around 40% comes from nuclear power and almost 50% from hydro power. It is a clean, competitive and stable electricity system. To get out of that situation which every other country would dream of being in is bad news for Sweden and a bad example for the rest of the world."

Closing operating reactors will be costly for the Swedish system and will result in less investment resources for renewables. Sweden has one of the best records in the world on CO2 emissions per capita."

Prior to the 2014 election the leader of the Social Democrats, Stefan Lofven, had said that his party did "not intend to make any such decision" to decommission existing nuclear reactors.

However, Gustav Fridolin, one of the Green Party's two leaders had said "Our demand is that at least two reactors are decommissioned during the next legislature."

Rising said:

"It appears that Swedish nuclear policy is being set by a party that only gathered 6.8% of the vote, a share that had declined since the election in 2010. It is a policy that is out of touch with the majority of political parties in Sweden and out of touch with the views of the majority of the Swedish people."

Background Information available 

Sweden Faces Future Without Nuclear; World Nuclear News 1 October 2014: http://www.world-nuclear-news.org/NP-Sweden-faces-future-without-nuclear-01101401.html

http://www.worldenergy.org/wp-content/uploads/2013/09/2013-Energy-Sustainability-Index-VOL-2.pdf

 

First reactor safety approval is good news for Japan

17 July 2014 

A draft decision from the Nuclear Regulatory Authority that Sendai units 1 and 2 meet Japan’s new safety standards is a big step forward for the country as it heads towards restarting its fleet of 48 nuclear reactors.  

The country has had to wait a long time for the first approval to come. Japanese reactors have mostly stood idle since operators took them offline following the Fukushima accident of March 2011 to allow for a major overhaul of the country’s regulatory system. The extra money spent on fossil fuel imports to cover this has amounted to ¥ 3 - 4 trillion per year ($30 - 40 billion) according to government estimates. Yesterday’s announcement is welcome evidence that the new regulatory structure is in fact working, and that a greater level of safety has been introduced. WNA hopes that similar decisions will soon be arrived at for all of Japan’s reactors.

It is very important for Japan to restart its nuclear reactors, both for economic but also health and environmental reasons. Japan’s nuclear power plants help keep the air clean by preventing the emission of harmful atmospheric pollutants and greenhouse gases. Restarting them is perhaps the single most important step that can be taken at this time to help keep the world within 2 °C of warming.

In Financial Year 2010 Japan’s nuclear reactors produced 271 TWh of electricity, an amount almost precisely equal to that produced by all of the EU’s wind and solar sources in 2012 (273.4 TWh). The reactor shutdown has resulted in additional emissions of over 100 million tonnes of CO2 per year.

 

The World Nuclear Association is the trade body that represents the global nuclear industry. Its mission is to promote a wider understanding of nuclear energy among the public, politicians and decision makers; to provide trustworthy, comprehensive and easy to access information and enable industry cooperation on economic, environmental and safety issues.

Contact: David Hess +44 (0) 20 7451 1543 or press@world-nuclear.org

 

WNA welcomes UK and China's nuclear energy cooperation agreement

17 June 2014 

Agreement will help address climate change and support businesses in the global nuclear industry  

The World Nuclear Association welcomes today’s announcement of deeper cooperation between the governments of China and the UK on nuclear energy and climate change.

WNA Director General Agneta Rising said:

“Nuclear energy supplies clean, affordable and reliable electricity. This agreement will help the development of nuclear energy in both the UK and China, promoting investment and support businesses in the global nuclear industry for decades to come.”

The announcement today will help ensure that nuclear energy will continue to make a valuable contribution to diversifying the UK’s electricity mix and support the UK in meeting its long term climate change goals.

The announcement will also promote the development of nuclear energy in China by drawing on the resources of UK industry. China aims to supply 150 gigawatts of electricity from nuclear energy by 2030 as part of its efforts to cut air pollution and greenhouse gas emissions.

The World Nuclear Association is the trade body that represents the global nuclear industry. Its mission is to promote a wider understanding of nuclear energy among the public, politicians and decision makers; to provide trustworthy, comprehensive and easy to access information and enable industry cooperation on economic, environmental and safety issues.

Contact:+44 (0) 20 7451 1536 or press@world-nuclear.org

UK Investment Contract for Hinkley Point C New Nuclear Power Station

4 April 2014 

European Commission competition inquiry into UK government support to the Hinkley Point C project  

The World Nuclear Association responded today to the European Commission's public consultation exercise into government support for nuclear power in the United Kingdom. Last December the European Commission, which is the EU's competition authority, opened an investigation into the support to be offered by the British government to secure the construction of a new nuclear power plant at Hinkley Point in Somerset. The Commission has to be satisfied that the measures proposed, including a 'contract for difference' and an infrastructure loan guarantee, will not distort the electricity market or impede competition. It invited comments by 7 April 2014. 

WNA Director General Agneta Rising said, "the outcome of the Hinkley Point C case is of great interest internationally. The UK Electricity Market Reform is an innovative approach to encouraging the de-carbonization of the electricity supply system in a deregulated market. The contract for difference helps low-carbon technologies, like nuclear power and renewable energy sources, secure the forward finance they need to build a capital-intensive plant, which the market would not support at prevailing electricity prices. There is little risk that these measures will crowd out investment in renewables or distort electricity trade between the UK and other European partners. Affordable and reliable low-carbon nuclear energy is good news for industry, jobs and exports in Europe."   

The WNA paper concludes that the promotion of nuclear power is a common objective of the European Union according to the Euratom Treaty and that the measures the UK government proposes for Hinkley Point C are compatible with the Union's environmental and energy policies.   

The Hinkley Point C project's promoter, EDF Energy, and its technology partner AREVA, are leading members of WNA.  

The full WNA response is available here for download: WNA HPC Response

The World Nuclear Association is the trade body that represents the global nuclear industry. Its mission is to promote a wider understanding of nuclear energy among the public, politicians and decision makers; to provide trustworthy, comprehensive and easy to access information and enable industry cooperation on economic, environmental and safety issues.

Contact: Greg Kaser, kaser@world-nuclear.org, +44 (0) 20 7451 1528 or press@world-nuclear.org

 

EU 2030 energy framework leaves room for nuclear and renewables to help reduce CO2

22 January 2014

The World Nuclear Association (WNA) welcomes the European Commission's 2030 energy and climate policy framework, released today. While a new renewable energy target once again demonstrates an unfortunate policy bias, the "flexible" approach outlined allows nuclear power to play an expanded role in decarbonising electricity supply.

Unfortunately the target of 27% for renewable energy continues to undermine the possibility for cost efficiency in meeting the carbon target. It also again demonstrates an unjustified preference in EU policy for renewable energy over other carbon reduction pathways - such as nuclear energy - regardless of cost, maturity and the preferences of individual Member States.

WNA Director General Agneta Rising said, "Clearly a switch from carbon-emitting fossil fuels will continue to be essential if Europe wishes to meet its carbon reduction goals. I'm pleased to see that the Commission has put in place a realistic framework that will allow nuclear power to play a larger role in helping with this alongside renewable energy sources."

European nuclear trade association FORATOM also commented on the framework[1]. Director General Jean-Pol Poncelet noted: "Nuclear power already produces two thirds of the EU's low-carbon electricity, at very competitive prices, and will continue to do so. It is regrettable that this reality is not emphasised in the EC's Communication. In addition, nuclear new build in a number of countries will contribute to the further reduction of greenhouse gases in Europe."  

[1] http://www.foratom.org/news-report/225-foratom-gives-mixed-reaction-to-ec-s-communication-on-2030-climate-and-energy-policy-framework.html 

The World Nuclear Association is the trade body that represents the global nuclear industry. Its mission is to promote a wider understanding of nuclear energy among the public, politicians and decision makers; to provide trustworthy, comprehensive and easy to access information and enable industry cooperation on economic, environmental and safety issues.

Contact WNA: +44 (0) 20 7451 1543 or press@world-nuclear.org