Nuclear Energy Receives Record Support

Nuclear power receives record national support at IAEA's 66th General Conference. This is a real plebiscite.

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Nuclear power receives record national support at IAEA’s 66th General Conference. An unprecedented plebiscite, including from countries that have not yet acquired nuclear energy in their energy mix. For the first time in history, the IAEA will have its own nuclear-themed pavilion at the upcoming COP27.

A plebiscite in favor of nuclear power

Nuclear energy receives a plebiscite by IAEA members in Vienna. The atom enjoys unprecedented support, with 140 national declarations in its favor. For Rafael Grossi, Director General of the IAEA, nuclear power offers an indispensable alternative to the various global challenges:

“The climate crisis and the energy crisis have prompted more countries to consider nuclear power as part of the solution, with opinion polls around the world showing a growing acceptance rate for nuclear power.”

A record number of countries officially recognize its key role in climate change mitigation and energy security. In their national declarations, the main operating countries mention nuclear energy favorably. Thus, its main advantages are that it is a reliable and low carbon energy.

The list of national declarations highlights the growing interest of developing countries in nuclear energy. China, which is currently building 18 reactors, reaffirms its commitment. China, the new nuclear powerhouse declares:

“China is committed to building a modern clean, low-carbon, safe and efficient energy system, and considers nuclear power an important option to achieve the goal of carbon cap and neutrality.”

The “newcomers” of nuclear power

In addition to the 32 countries that already use nuclear energy, some 30 other countries, known as “newcomers”, are moving in this direction. Thus, these countries are considering the development of nuclear energy to integrate it into their energy mix. In addition, the IAEA works closely with new entrants to help them set up the necessary infrastructure.

The Agency does this work through the Integrated Nuclear Infrastructure Review (INIR) mission. This helps countries to assess the state of their nuclear infrastructure. Thus, several countries have been hosting INIR missions in recent years to develop nuclear energy.

Bangladesh, hosted an INIR mission in 2016. The goal is also to help drive a national plan to become a developed economy by 2041. The country is moving forward with the construction of its first power plant, as confirmed in its statement:

“Bangladesh sees nuclear power as an important component of the future power generation mix.”

The COP27 as a horizon

The IAEA is also preparing to participate in the United Nations Climate Change Conference (COP27). While in 2021 the nuclear issue divided the international scene, the situation today is quite different. Thus, for the first time in its history, the IAEA will have its own pavilion.

This is an opportunity for the agency to highlight the role of nuclear energy in climate change mitigation and adaptation. This will allow member states and partners to hold events at the IAEA-led pavilion on a range of topics. In short, after having experienced a fall in popularity after the Fukushima incident, nuclear power is now making a comeback.

Countries could include the role of nuclear power in providing affordable low-carbon electricity. The atom helps build resilience into energy systems and ensures affordable supply. For example, Finland believes that nuclear energy and renewable energy sources are not mutually exclusive.

Bahrain has concluded a civil nuclear agreement with the United States and formalised a commitment of $17bn in public investments in the US market, further strengthening bilateral cooperation.
Kairos Power has installed the vessel for its third test prototype in Oak Ridge, aiming to validate manufacturing methods for its future Hermes reactor supported by the US Department of Energy.
London and Prague formalise a strategic partnership to develop the nuclear sector, focusing on small modular reactors and industrial cooperation on supply chains.
Experts have broadly approved France’s Cigéo deep nuclear waste repository project, highlighting technical uncertainties that demand stronger guarantees for long-term safety.
Uzbekistan advances its nuclear project by signing a protocol with Hungary for the supply and local assembly of dry cooling systems, expanding its industrial partnerships in the region.
Polskie Elektrownie Jądrowe is asking the European Commission to review its $49bn investment to build Poland’s first nuclear power plant, a step required under the Euratom Treaty before any construction permit can be issued.
The International Atomic Energy Agency mission completed on July 11 warns that the National Nuclear Safety Administration must hire staff to oversee a fleet of 59 reactors in operation and 32 more under construction.
Energoatom signed strategic agreements with Westinghouse and Holtec at the Ukraine Recovery Conference, aiming to establish nuclear fuel production and small modular reactor capabilities in the country.
Tehran agrees to reopen its nuclear facilities to the IAEA, aiming to resume negotiations with Washington, while Moscow pushes for a “zero enrichment” agreement without getting involved in supervision.
TerraPower has selected three new American suppliers for its advanced Natrium nuclear reactor, confirming progress on the project located in Kemmerer, Wyoming, intended to replace a retiring coal-fired power plant.
Energy Exploration Technologies acquires Daytona Lithium, an Australian subsidiary of Pantera Lithium, for AUD40mn ($27mn), bringing its strategic lithium basin footprint in Smackover, USA to nearly 50,000 acres.
The Canadian Nuclear Safety Commission has identified no major barriers to licensing the ARC-100 reactor, announces ARC Clean Technology.
SE Ignalina, the Lithuanian nuclear operator, has signed a memorandum of understanding with French firm Newcleo to explore the integration of small modular reactors (SMRs) using lead-cooled fast reactor (LFR) technology in Lithuania.
Egyptian President Abdel Fattah al-Sisi oversaw the signing of new agreements for the construction of the El Dabaa nuclear power plant, thus strengthening the strategic cooperation between Egypt and Russia.
Vistra Corp receives green light to extend Perry nuclear plant operations in Ohio by 20 years, securing regional electricity supply until 2046 and ensuring operational continuity for all its nuclear reactors in the United States.
EDF will hold a 12.5% stake in the Sizewell C nuclear project in the UK, a €1.3 billion investment announced during Emmanuel Macron’s official visit to London, confirming the strategic nuclear energy alignment between the two countries.
The French Cigéo project, designed to bury the most hazardous radioactive waste deep underground, obtains a crucial technical validation before its final authorization, expected by the end of 2027.
EDF confirms the continuation of its industrial project in Fessenheim for recycling very low-level radioactive metals, a first in France requiring specific regulatory authorizations, following a public debate concluded last February.
NANO Nuclear Energy Inc. formalizes its collaboration with UrAmerica Ltd. to strengthen Argentina’s uranium supply, aiming to secure future nuclear fuel supply chains for the U.S. market.
American companies SHINE Technologies and Standard Nuclear partner to recycle uranium and plutonium, supplying advanced fuel to the nuclear reactor sector and enhancing the national energy security of the United States.