Economy minister discusses economic cooperation with German minister    Saudi Crown Prince congratulates new Japanese PM Sanae Takaichi    At UNCTAD, Saudi Arabia affirms commitment to sustainable economic transformation    Saudi justice minister, Italian counterpart agree to enhance judicial cooperation    TGA: Autonomous vehicle service beneficiaries surpass 950 in Riyadh    103 million orders delivered in Saudi Arabia in 3Q 2025    Yapı Merkezi reaffirms its commitment to Saudi Arabia with the opening of its regional headquarters in Riyadh A new step in Turkish Saudi cooperation    OMODA 4 Media Preview: Shaping the future of mobility with media and users    Belgian resistance holds up €140 billion loan for Ukraine at EU summit    Trump says he's ending trade negotiations with Canada    EU, US impose new sanctions on Russia to force ceasefire in Ukraine    Egypt joins EU funding program Horizon Europe    Riyadh Season 2025 draws 1 million visitors in 13 days    Athar Festival 2025 opens in Riyadh with record attendance, new creative streams, and Saudi-first innovations    Qatar clinch 2026 World Cup berth with 2-1 win over UAE in Doha    'India's Picasso' is breaking auction records — enraging the Hindu right    D'Angelo, Grammy Awardwinning R&B singer, dead at 51    Splash unveils new winter collection featuring Maya Diab    India players refused handshakes, says Pakistan coach    Adolescence star Owen Cooper makes Emmys history at 15    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



WNA welcomes IEA's recognition of the potential for nuclear energy
Published in The Saudi Gazette on 15 - 10 - 2020

The World Nuclear Association (WNA), the international organization that represents the global nuclear industry, welcomed the IEA's recognition of the potential for nuclear energy to play an important role in the transition to a clean energy system with the recent release of the IEA's World Energy Outlook 2020.
The IEA outlook explores the impacts of the COVID-19 pandemic on the energy sector and the near-term actions that could accelerate clean energy transitions. The report highlights that nuclear reactors have been a key contributor to global electricity supply during the pandemic, providing an important source of flexibility in many markets.
In order to achieve sustainable energy objectives in full, including the Paris Agreement, energy access and air quality goals, investments in new nuclear capacity will be required. In the Report's Net Zero Emissions by 2050 scenario (NZE2050), 180 GW of new nuclear capacity is to be built by 2030. In the Sustainable Development Scenario, 140 GW of new nuclear capacity would be built by 2030.
Reacting to the report, WNA Director General Agneta Rising said: "Nuclear energy is a proven and reliable clean energy technology that has already been deployed at scale. Nuclear is the second largest source of low-carbon electricity generation worldwide. In 2019, for the first time, nuclear and renewables together generated more electricity than coal fired power stations, according to IEA's report
"We welcome the IEA's recognition of the potential for nuclear energy to play an important role in the transition to a clean energy system and we strongly endorse the IEA's call for investment in clean energy, including nuclear energy, to rise from the current one-third of total energy investment to around two-thirds by 2030.
"We support the IEA's view that to achieve the clean energy transition identified in their Sustainable Development Scenario, near-term actions to bolster nuclear power, including supporting lifetime extensions and expanding new build projects, are required.
"However, further actions will be required, and we call on governments worldwide to facilitate investment in new nuclear build to tackle systemic issues, such as air pollution and climate change.
"A number of models show that significantly more nuclear energy will be required for an orderly energy transition. In the IPCC's 1.5C special report middle of the road scenario, for example, nuclear energy increases six times by 2050, and nuclear represents 25% of the electricity mix."
She added: "Investments into nuclear energy can also play a central role in post-COVID recovery efforts by boosting economic growth in the short-term, whilst also supporting, in a cost-effective manner, the development of a resilient and affordable electricity infrastructure.
"Investments into nuclear energy strengthen energy security, create long-term jobs, and can contribute to the production of heat and hydrogen to decarbonize other sectors of the economy." — SG


Clic here to read the story from its source.