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Greening our economies is not just smart for the planet; most likely it is also the surest and cheapest route back to a prosperous global economy. This is the conclusion of a working paper the International Monetary Fund will publish tomorrow, one of its co-authors said today during ¶¶Òõ´«Ã½ÔÚÏß Nuclear Association's Strategic eForum on Sustainable Finance. The virtual conference examined the measures needed to ensure nuclear energy can make its fullest contribution to the twin goals of decarbonisation and economic recovery from the pandemic.

The workshop the International ¶¶Òõ´«Ã½ÔÚÏß Agency and the International Atomic ¶¶Òõ´«Ã½ÔÚÏß Agency held jointly last week was very timely because the European Union is at an important juncture, and must consider the role of a variety of energy sources in its electricity mix if it is to achieve its decarbonisation goals, said Massimo Garribba, deputy director general of DG-¶¶Òõ´«Ã½ÔÚÏß at the European Commission, adding that those sources include nuclear energy.

Exelon Corporation plans to separate its regulated utility and competitive energy businesses into two publicly traded companies, creating the USA's biggest fully regulated transmission and distribution utility, as well as its largest carbon-free power producer.

The European Union should embark on a "nuclear renaissance" programme if it is to achieve its climate objectives, a new study on the bloc's climate policy has concluded. Commissioned by ECR Group and Renew Europe, the report says it is practically impossible to generate sufficient energy with wind and solar energy as there is not enough available land to meet electricity demand.

Incorporating a circuit to produce by-product base metals has the potential to improve the "already strong" uranium economics of the Mulga Rock project in Western Australia, Vimy Resources CEO Mike Young says. Vimy plans to complete an assessment of the potential impact of the base metals plant during the first half of this year.

Access to affordable, technology-neutral financing is essential if energy-poor countries are to enjoy the benefits of nuclear power in the way the Western world already does, ¶¶Òõ´«Ã½ÔÚÏß Nuclear Association Director General Sama Bilbao y León told the Atlantic Council Global ¶¶Òõ´«Ã½ÔÚÏß Forum today. The following is her statement to the panel titled Delivering energy access in the developing world.

The challenges the nuclear industry faces are largely external and must be overcome if it is to help tackle the existential threat of climate change, panellists in the Nuclear ¶¶Òõ´«Ã½ÔÚÏß and its Future session of the Reuters Next conference on 11 January said. These challenges include: the notion nuclear is an out-dated technology; the cost of finance; market design; political changes; perceived competition with renewable energy; and the public's misconceptions about radioactive waste.

Ringhals 1 today became the fourth reactor to close in Sweden in the last seven years. The unit, on the west coast of the country, was permanently disconnected from the national grid after 44 years of operation, according to data from its operator, Ringhals AB, which is owned by Vattenfall (70.4%) and Sydkraft Nuclear Power (29.6%).

Ukrainian nuclear power plant operator Energoatom says it understands the urgent decision taken by the Cabinet of Ministers on 28 December to extend regulations governing the electricity market. One of these regulations is to set a low price for electricity sold to the Guaranteed Buyer within the Public Service Obligation mechanism.

"It would not be a stretch to describe 2020 as an unforgettable year, with the on-going coronavirus pandemic having caused tremendous suffering and economic hardship across the world, and turning everyone's life upside down," writes ¶¶Òõ´«Ã½ÔÚÏß Nuclear Association Director General Sama Bilbao y León. "But this year has shown us that we can come together as a global community to fight a common adversary." Bilbao y León took over the reins of the London-headquartered organisation in October.

The case for nuclear as a proven source of clean, reliable and sustainable electricity supply should be clear to all, but the business case for nuclear is also becoming better understood, ¶¶Òõ´«Ã½ÔÚÏß Nuclear Association Director General Sama Bilbao y León told delegates at the New Nuclear Capital 2020 virtual conference yesterday. The following is an abridged version of her presentation.

French President Emmanuel Macron said yesterday that France's energy and ecological future depends on nuclear power. Speaking during a visit to Framatome's Le Creusot facility, Macron said the industry comprises 3000 companies and 220,000 jobs, with 5000 new hires planned for 2021 in spite of the crisis caused by the pandemic. "Few sectors offer as much, in particular to our young people and all across the country," Macron tweeted.