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Latest Power market developments Update

IAEA submits report on nuclear energy to G20
25 April, 2024
The IAEA has submitted a report to the G20 on nuclear energy’s role...
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Indian report concludes nuclear power is needed to achieve net-zero
Tuesday, April 09, 2024 by A new report, “Synchronizing energy transitions towards possible Net-Zero for India: Affordable and clean energy for all”, has been launched by Ajay Kumar Sood, Principal...

Preparations for COP29 underway
Tuesday, April 09, 2024 by The 2024 UN Climate Change Conference (UNFCCC COP29) will convene in November 2024 in Baku, Azerbaijan. The event will be led by Azerbaijan Ecology Minister Mukhtar Babayev.

Russia’s Atomexpo 2024 breaks records
Thursday, March 28, 2024 by Russia’s annual International Forum on Nuclear Energy, Atomexpo, which was recently held over two days in Sochi on the Black Sea coast set a record for the number of...

Szijjártó criticises politicisation of nuclear energy
Wednesday, March 27, 2024 by Addressing Atomexpo 2024 in Sochi, southern Russia, Hungary’s Foreign Minister Péter Szijjártó called for nuclear energy to remain a field of international cooperation, and...

Nuclear Energy Summit attracts world leaders
Tuesday, March 26, 2024 by World leaders gathered in Brussels at the first ever Nuclear Energy Summit co-chaired by the Prime Minister of Belgium Alexander De Croo and the Director General of the...

Tractebel report looks at powering data centres with advanced reactors
Wednesday, March 13, 2024 by Belgium-based Tractebel (part of France’s Engie) and its subsidiary company RED, have published a White Paper on how advanced reactors, including small modular reactors (SMRs), can...

New study reveals impact of nuclear in southeast USA
Thursday, February 22, 2024 by A new study, “The Economic Impact of the Nuclear Industry in the Southeast United States”, presents a comprehensive analysis of the economic impacts of the nuclear energy sector in...

IEA acknowledges significance of nuclear energy in new report
Thursday, January 25, 2024 by The International Energy Agency (IEA) in its latest report, Electricity 2024, dedicates a significant amount of space to nuclear power – a departure from its previous studies...

EBRD’s Energy Sector Strategy ignores nuclear
Wednesday, December 20, 2023 by The European Bank for Reconstruction and Development (EBRD) has released its Energy Sector Strategy 2024-28. EBRD says it “prioritises the urgent need to accelerate the decarbonisation...

New Brunswick releases energy strategy
Tuesday, December 19, 2023 by The government of New Brunswick in Canada has released its strategy on how to transition the province to clean energy, while ensuring affordability and economic growth. “Powering...

ENEC and EPRI collaborate on decarbonisation report
Tuesday, December 19, 2023 by The UAE’s Emirates Nuclear Energy Corporation (ENEC) and US-based Electric Power Research Institute (EPRI) have collaborated on a report listing decarbonisation pathways for the...

Egypt’s Nuclear Power Plants Authority signs MOU with ENEC
Friday, December 15, 2023 by The Emirates Nuclear Energy Corporation (ENEC) and Egypt’s Nuclear Power Plants Authority (NPPA), the owner and operator of the El Dabaa NPP under construction with Russian...

COP28: ENEC signs MOU on co-operation with Terrestrial Energy
Friday, December 15, 2023 by The Emirates Nuclear Energy Corporation (ENEC) has signed another memorandum of understanding (MOUs) related to small modular reactors at the 28th Conference of the Parties to...

COP28 ends with agreement to accelerate green technologies including nuclear
Thursday, December 14, 2023 by The 28th UN Climate Change Conference of the Parties (COP28) ended in Dubai with a lengthy agreement unanimously adopted by all parties calling for a transitioning away from fossil...

COP28: US Export-Import Bank to support SMR exports
Tuesday, December 12, 2023 by The US Export-Import Bank (EXIM) President & Chair Reta Jo Lewis has announced that EXIM has approved a resolution to fund applications for the export of US small modular reactor...

EU states accept nuclear as a strategic net-zero technology
Tuesday, December 12, 2023 by Reflecting a decision by the European Parliament in November, the European Union (EU) Council has included nuclear energy, along with renewables, among the technologies to be included...

Korea and UK establish Clean Energy Partnership
Friday, November 24, 2023 by South Korea’s Ministry of Trade, Industry & Energy (MOTIE) and the UK’s Department for Energy Security & Net Zero (DESNZ) signed a Clean Energy Partnership during the state visit...

EU Parliament includes nuclear in Net-Zero Industry Act
Thursday, November 23, 2023 by Members of the European Parliament (MEPs) have voted to include 17 technologies in the EU’s Net-Zero Industry Act (NZIA), including nuclear energy. The MEPs led by the...

French government and EDF reach agreement on nuclear electricity pricing
Friday, November 17, 2023 by Following several months of negotiations, the French government and EDF have agreed a price for nuclear electricity. Economy Minister Bruno Le Maire told a press conference that...

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