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  1. IEA chief economist says nuclear vital to climate objective

    The International Energy Agency’s chief economist says the Paris agreement will be ‘very difficult to achieve without an increase in nuclear power capacity. László Varró told the Budapest Energy Summit on Tuesday that renewables were flourishing but their deployment wasn’t happening quickly enough. "Some NGOs love to hate nuclear, but even with the nuclear renaissance, you'd have to push wind and solar to the limit," he said. "If you want to do it without nuclear, it's technically possible, but incredibly ambitious." There are "unanswered questions" about how a 100 per cent renewable system would work, he added. These include whether large-scale transmission development would have social acceptance and to what extent flexible demand response is scalable to a high level.” Varro pointed to the data collected for the World Energy Outlook's 450 Scenario shows global nuclear generation output increasing by almost two-and-a-half times by 2040, compared to the present day - from 2535 TWh to 6101 TWh, in order for the overall 2°C to be achieved. In this 450 scenario, low-carbon energy sources dominate the generation mix. Hydro generates 20 per cent, nuclear 18 per cent, wind 18 per cent and solar PV 9 per cent. Fossil fuel generation declines sharply, with gas supplying 16 per cent, coal 9 per cent and oil 1 per cent. The remaining 9 per cent is supplied by a range of other low-carbon sources. Varro noted that China was putting a new nuclear reactor online once every quarter, on average, while Russia has signed contracts for the development of 36 nuclear power plants. The radical decarbonisation that will be needed in the coming decades is far more than what is being presently done, he added. "Over the last 25 years, we've had the Rio Earth Summit, the Kyoto Protocol, the Copenhagen Agreement, books, films, Hollywood stars dedicated to climate change and sustainability and yet the average carbon intensity of the energy system has increased.” "Stabilising emissions is like driving towards a cliff at full speed and taking your foot off the accelerator. You have slowed down, but you are still heading towards the cliff.” "By 2030, 14 years from now, we'll need to find more than ten billion tonnes of additional emissions reductions on top of the Paris Agreement submissions," he said. "In other words, we will need to find ten European climate energy packages. Whether it is the United States or Europe that is going to lead is a meaningless question, given the scale of the challenge. Everybody has to lead and that's for the 2 degrees scenario." "The 2 degrees target is just at the borderline of what might be achieved while maintaining consumerist capitalism - and that's only if we do it really smartly."

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    Wed, 7 Dec 2016

  2. Ruling: Germany must pay utilities over nuclear phase-out

    Germany’s constitutional court has ruled that the country’s government must compensate utilities for the decision to phase out nuclear power entirely by 2022.

    Online Articles

    Online Articles

    Wed, 7 Dec 2016

  3. Nuclear Power: Illinois Gov. Rauner signs bill sparing 2 nuclear plants

    Illinois Gov. Bruce Rauner has approved a plan providing billions of dollars in subsidies to Exelon Corp. to keep two unprofitable nuclear plants from closing prematurely.

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    Thu, 8 Dec 2016

  4. Nuclear Power: German court paves way for nuclear compensation claims

    Germany's highest court opened the way on Tuesday for potentially costly compensation claims from electricity companies over the government's abrupt decision in 2011 to shut down several nuclear reactors and accelerate the closure of the rest.

    Online Articles

    Online Articles

    Wed, 7 Dec 2016

  1. Nuclear Power: Energy company plans to close Michigan nuclear plant in 2018

    Online Articles

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    Fri, 9 Dec 2016

  2. Illinois Governor Signs Bill to Subsidize Two Nuclear Power Plants

    The deal gives Exelon $235 million per year in order to keep the Quad Cities and Clinton nuclear power plants running for another 10 years.

    Online Articles

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    Thu, 8 Dec 2016

  3. China General Nuclear buys 14 Irish wind power plants

    The renewable arm of the China General Nuclear Power Group (CGN) has acquired 14 Irish wind energy plants from Gaelectric.

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    Thu, 8 Dec 2016

  4. Illinois gov. signs bills to subsidize nuclear plants

    The plan also provides hundreds of millions of dollars in energy-efficiency programs and assistance to low-income energy users 

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    Thu, 8 Dec 2016

  5. Entergy to close Michigan nuclear plant in 2018

    Entergy said it could offer new positions to up to 180 of the affected employees at the Palisades plant

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    Thu, 8 Dec 2016

  6. Entergy to Close Palisades Nuclear Plant Early

    The announcement also noted the company will end the Palisades’ power purchase agreement with CMS Energy in 2018.

    Online Articles

    Online Articles

    Thu, 8 Dec 2016

  7. Illinois governor to sign bill to spare 2 nuclear plants

    Rauner previously criticized "special deals" for corporations

    Online Articles

    Online Articles

    Wed, 7 Dec 2016

  8. Japanese to loan $123bn to Fukushima operator

    The Japanese government is to increase the size of the loan being granted to Fukushima operator Tepco to $123bn, more than a third higher than initially planned.

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    Thu, 8 Dec 2016

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