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What’s the Role for New Nuclear Power in the Fight Against Climate Change?

GreenTechMedia

Small modular reactors (SMRs) — nuclear reactors using novel technologies to fit into much smaller and mass-producible packages than the behemoth nuclear power plants of today — are presented as a way of rapidly decarbonizing the grid in the face of an ever more pressing need to meet climate targets.

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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. The update finds that world demand for electricity grew by 2.2% The update finds that world demand for electricity grew by 2.2% in 2023, less than the 2.4%

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Comment: UK leaders need to embrace the cost of Britain’s green future

Envirotec Magazine

What fate awaits the power sector under what will likely be a Labour government, and why is the question so important? To begin with, there is an upcoming imbalance in electricity supply and demand. Electricity supply in the UK is shrinking, while demand is increasing. When demand exceeds supply, the lights go out.

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'Missing link': Could nuclear power up the clean hydrogen industry?

Business Green

A new report argues that with demand for clean hydrogen set to boom, the nascent mocular reactor industry could have a key role to play in meeting surging demand. A transition from oil to hydrogen-based fuels produced using nuclear power could be achieved with a global investment of $17tr over 30 years, the report calculates.

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Nuclear power: still 'no thanks' in 2020?

Business Green

Peter Michaelis, head of Liontrust's Sustainable Investment Team, considers whether new nuclear power is a worthwhile investment in the race to net zero. Nuclear fission generates heat from the splitting of Uranium 235 nuclei. The succinct answer? It can also provide a perpetual source of low carbon electricity.

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Amid Depressed Power Demand, Duke Sticks to Plan to Double Renewables Base

GreenTechMedia

In April the picture darkened further: Duke's total electricity sales fell 5 percent, dragged down by a 12 percent slide in demand from industrial customers that was only partially offset by higher-than-usual residential sales. Utilities across the country are reporting dramatic drops in commercial and industrial energy demand.

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Boris Johnson eyeing major expansion of nuclear power to shore-up energy security

Business Green

Following a meeting with industry figures yesterday, the Prime Minister revealed plans to significantly expand the share of UK's electricity produced by nuclear power from around 16 per cent today to 25 per cent by 2050 - a move which would require major investment in new nuclear power capacity in the coming years, according to various reports.