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Dozens of countries pledge support for nuclear power, despite lingering concerns

The Verge: Energy

Attendees arrive for the International Atomic Energy Agency (IAEA) Nuclear Energy Summit at the Brussels Expo on March 21st, 2024. Photo by Nicolas Maeterlinck / BELGA / AFP via Getty Images More than 30 countries have pledged to pursue nuclear energy as one way to meet global climate goals.

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ComEd’s Favorable Regulatory Treatment for Grid Investments Comes Under Fire

GreenTechMedia

That’s the charge leveled in a Tuesday report from the Illinois Public Interest Research Group, asking state lawmakers to force the utility to align its capital investments with its customers' interests. billion smart grid investment plan that included a 4.2-million

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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. To meet the IEA’s net zero by 2050 pathway, the share must near 30% in 2030 and thus electrification needs to accelerate rapidly, the Electricity 2024 publication states.

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New Jersey’s PSEG Seeks to Sell Merchant Fossil, Solar Fleet

GreenTechMedia

New Jersey utility Public Service Enterprise Group (PSEG), facing state clean energy mandates and an economic imperative to shift its business to regulated assets, is seeking to exit its merchant fossil and solar generation business, while retaining its nuclear power plants and exploring a major expansion into offshore wind.

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RTE proposes €100bn plan for France’s transmission network

Smart Energy International

French TSO RTE has proposed investments prioritising developments of its network of the order of €100 billion by 2040. However, since then, the state has redefined its energy policy, including a revival of nuclear power, the acceleration of renewables and reindustrialisation through the development of low-carbon industrial zones.

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Experience La French Fab, enter the world of French industry!

Smart Energy International

Simplified installation procedures and new tax credit One of the aims of France 2030 was to encourage innovation in the areas of nuclear power, green hydrogen and other renewable energies. A new tax credit, C3IV, will be put in place as early as 2024 for businesses that decide to invest in green industries.

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'A crucial step': Government unveils funding plan for new nuclear plants

Business Green

UK consumers are set to pay up-front for the construction of a fresh fleet of large-scale nuclear power plants through their energy bills under a new financing model unveiled by the government today, which looks set to provide a key building block of its plans to deliver a net zero energy system.