We often hear that financing is a major issue for nuclear projects that creates significant impediments to new projects moving forward. There are myriads of thoughts and ideas on how to fix this, from various clever project contractual structures to Read more
On December 15, 2022, the Ontario Independent Electricity System Operator (IESO) issued ”Pathways to Decarbonization – A report to the Minister of Energy to evaluate a moratorium on new natural gas generation in Ontario and to develop a pathway to Read more
With COP27 in Egypt coming to a close, there is broader acceptance of the role for nuclear power in solving the climate crisis, as it is one of the few electricity generation options that positively impacts all three dimensions of Read more
In its 2022 report on the role of nuclear power in fighting climate change, “Nuclear Power and Secure Energy Transitions”, the International Energy Agency (IEA) says “Nuclear energy can help make the energy sector’s journey away from unabated fossil fuels Read more
We previously talked about energy security and the impact on global energy markets resulting from the crisis in Ukraine. In that post we discussed energy security from the traditional perspective of risk of disruption in global energy flows as a Read more
I recently returned from making my modest contribution to the World Nuclear University (WNU) Summer Institute (SI) in Spain. I was so excited to be able to attend in person!! I wrote about this great program after the last summer Read more
In the early 1990s, deregulating electricity generation seemed like a good idea. Led by the UK, many markets rushed to dismantle their vertically integrated electric utilities with the goal of creating competition to benefit their customers, the electricity using public. Read more
Energy is life. We depend upon it to get from place to place, warm (or cool) our homes, cook our food and communicate with one another. Everything we need to live our lives comes from a supply chain that uses Read more
As the 11th anniversary of the Fukushima accident passed in March, there were none of the regular articles that we see in the press every year to remind us how scary that event was. Often these articles have focused more Read more
This month, as we continue our short series on energy economics, our focus is the nuclear industry’s commitment to safely managing its wastes. More specifically how this commitment ensures the cost of managing waste is included in nuclear power economics Read more
In our last post, we quoted from recent reports that clearly lay out the environmental benefits of nuclear power. This month we want to start off the year by launching a short series addressing some of the issues that impact Read more
This past year, as COP26 came and went, and the climate discussion turned from emission reductions to net zero targets; more and more governments have come to accept that nuclear power should, and in fact must, play an important role Read more
The role of nuclear power in supporting global decarbonization was discussed more at this COP than at any previous one. We have seen articles with headlines like “Nuclear Was the Quiet Hero of COP26” talking about the gains made in Read more
In advance of COP26, the next important global meeting to discuss climate change, the International Energy Agency (IEA) released it World Energy Outlook 2021 (and for the first time is offering it for free). And while it notes “a new Read more
So far in 2021 two new countries have started producing nuclear energy for the first time. The UAE has put the first unit of its 4-unit Barakah plant into service with the second one following close behind. In Belarus, it Read more
President Moon Jae-in of South Korea followed through on his campaign pledge to reduce Korea’s reliance on nuclear power only a month after his inauguration in May 2017. He quickly announced Korea would stop building new reactors and not life Read more
When considering the sustainability of future low carbon energy sources, the focus tends to be on where the energy comes from. Renewable energy is seen as environmentally sustainable in that it is both low carbon and the resource unlimited; energy Read more
Europe is fully committed to addressing the climate crisis, targeting a 55% reduction in carbon emissions by 2030 (from 2020 levels) and then becoming the world’s first carbon neutral continent by 2050. Today, almost half of its low carbon electricity Read more
Ten years have passed since Japan suffered the great Tohoku earthquake and tsunami that killed 20,000 people, caused US$300 billion of damage and initiated the accident at the Fukushima Daichi nuclear power plant. Reviewing the media reporting last month, the Read more
In December we wrote about the world’s drive to achieve net zero carbon emissions by 2050. A laudable goal, the World Energy Outlook (WEO) 2020 illustrates a possible path to getting there. This would be achieved through electrification (using clean Read more