Nuclear Energy Receives Record Support

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

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

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.

Validation of underground injection permits by the U.S. Environmental Protection Agency strengthens Dewey Burdock’s regulatory position and paves the way for state permitting expected in 2025.
Facing energy security challenges, several Southeast Asian countries are turning to nuclear and could invest up to $208bn to reach 25 GW of capacity, favouring small modular reactors.
A strategic partnership between the United Kingdom and the United States aims to shorten nuclear licensing timelines and strengthen industrial cooperation around fusion and modular reactors.
The International Atomic Energy Agency projects global nuclear capacity to reach 992 GW by 2050, driven by small modular reactors and lifetime extensions of existing plants.
Premier American Uranium and Nuclear Fuels have announced a target date of around September 19 to finalise their strategic consolidation, pending final approval from the TSX Venture Exchange.
The General Court of the European Union has rejected Austria’s appeal against the inclusion of gas and nuclear energy in the classification of sustainable investments.
Kazakhstan has signed an agreement with Nukem Technologies Engineering Services GmbH to benefit from German expertise in nuclear decommissioning and radioactive waste management.
The European Court of Justice annulled the European Commission's authorisation of Hungarian state aid for the Paks II nuclear project, questioning compliance with EU public procurement rules.
A Chinese consortium has secured a CNY4.2bn ($594mn) contract for the construction of conventional islands for the Xuwei nuclear project, combining third and fourth generation reactors.
Rosatom and China National Nuclear Corporation signed a memorandum of understanding to strengthen bilateral cooperation in talent development and skills training in the nuclear sector.
Iran has reached a new agreement with the International Atomic Energy Agency to formalise the resumption of inspections, following months of suspension linked to military tensions and criticism of its nuclear programme.
The French Energy Regulatory Commission outlines a structured plan to accelerate the deployment of small modular reactors, focusing on industrial heat and series effects to enhance competitiveness.
US-based Nuclearn has secured $10.5mn to scale its artificial intelligence platform, already deployed in over 65 nuclear reactors, to automate critical operations amid rising energy demand.
The steel dome of the CAP1000 Haiyang 4 reactor has been positioned, a major construction milestone paving the way for upcoming maintenance and technical installation phases.
The Groupement des Industriels Français de l'Énergie Nucléaire and the Belgian Nuclear Forum formalise a partnership aimed at strengthening industrial exchanges and joint projects between the two countries’ nuclear sectors.
The International Atomic Energy Agency warns that little time remains to reach an agreement with Iran on fully resuming inspections, as European sanctions could be reimposed within 30 days.
Slovenia’s JEK2 project moves forward with two nuclear technologies judged technically compatible, estimated between EUR9.31bn ($10.1bn) and EUR15.37bn ($16.66bn).
US-based Oklo will build the country’s first privately funded nuclear fuel recycling centre in Oak Ridge, investing $1.7bn and creating over 800 jobs.
The Tennessee Valley Authority partners with ENTRA1 Energy to develop up to 6 gigawatts of modular nuclear capacity, in an unprecedented project supporting energy growth across seven U.S. states.
A report by the International Atomic Energy Agency puts Iran’s 60% enriched uranium at 440.9 kg before Israeli and U.S. strikes, while the agency’s access to enrichment sites has remained suspended since the operations.

Log in to read this article

You'll also have access to a selection of our best content.