Finance-focused COP29 meeting begins, push for nuclear continues

As COP29 kicked off November 11, industry advocates worldwide are hoping to draw attention and increase buy-in to the need for more nuclear capacity.
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As COP29 kicked off November 11, industry advocates worldwide are hoping to draw attention and increase buy-in to the need for more nuclear capacity.
A new webinar series launched by the International Atomic Energy Agency’s Department of Nuclear Energy, the Department of Energy’s Office of Nuclear Energy, and the Energy Communities Alliance (ECA) will discuss global progress toward a permanent solution for high-level waste and spent nuclear fuel, with presentations by senior representatives of national HLW and SNF management programs around the world.
Register for the first webinar here.
The 2024 edition of Climate Change and Nuclear Power has been released by the International Atomic Energy Agency. The 99-page report focuses on the need for a significant increase in investment to achieve goals for expanding nuclear power.
The report: According to the IAEA, the report delves into the financing of nuclear projects as ambitious climate targets draw nearer. It also explores the imperative for financial frameworks to help nuclear energy become a cornerstone of global decarbonization efforts and highlights the challenges and best practices in financing nuclear projects.

Gago
The governing board of the World Association of Nuclear Operators has appointed José Gago as the new WANO chair. He was formerly the general manager and chief executive officer of the Asociacion Nuclear Asco-Vandellos (ANAV) in Spain.
Gago will succeed the current chair, Tom Mitchell, on March 1, 2025, after Mitchell completes his full six-year term in the role.
Background: Gago has been ANAV’s governor at the WANO Paris Centre’s governing board since 2012 and was elected its chairperson in 2020. He has been the president of the Spanish Nuclear Society and a member of the Foro Nuclear board of directors, and he has kept close contact with the nuclear industry, serving on several advisory boards and participating in the International Atomic Energy Agency expert missions.

This year marks the 70th anniversary of the founding of the American Nuclear Society.
Plenty of sources incorrectly list our birthday, but the reality is that October 11, 1954, is the correct date for the establishment of ANS.

A man killed in a car bomb last week in Enerhodar, Ukraine, may have been targeted because of his ties to Zaporizhzhia nuclear power plant.
The International Atomic Energy Agency received information from both the Russian Federation and Ukraine about the suspected assassination, which occurred in the town where most of the plant staff live, said IAEA director general Rafael Mariano Grossi.

Eleven countries have been newly elected to serve on the International Atomic Energy Agency’s 35-member Board of Governors for the 2024–2025 term. The election took place on September 19 at the plenary session of the 68th IAEA General Conference.
The American Nuclear Society recently issued an open letter in support of a science-based approach to the regulation of high-assay low-enriched uranium (HALEU) fuels for commercial nuclear energy, voicing member concerns about hyperbole in a recent article published in Science, which advocated for restrictions on the use of HALEU despite decades of effective safeguards and security. This is not the first time ANS has stepped in to present the measured opinion of its membership on the value and appropriate regulation of HALEU.

The International Atomic Energy Agency has found that Japan’s planned approach for recycling and disposing of soil and radioactive waste from decontamination activities after the 2011 Fukushima Daiichi nuclear accident is consistent with the agency’s safety standards.

Ian Wall early in his career . . .
I graduated with a degree in mechanical engineering from Imperial College, London, in 1958. Nuclear power was viewed favorably at the time, so I took a 1-year course on the subject. I was then offered fellowships at Cambridge University and the Massachusetts Institute of Technology and thought the latter would be more interesting, so I moved to Cambridge, Mass., to study nuclear engineering. After completing my doctorate in 1964, I joined the American Nuclear Society and took a job with General Electric, then in San Jose, Calif.
In 1967, GE assigned me to explore the use of probability in reactor safety. At that time, the prevailing opinion was that the probability of a severe accident was infinitesimally small and the consequences would be catastrophic.
A milestone for the largest decarbonization program in the Arab region

The Emirates Nuclear Energy Corporation announced today a milestone for the United Arab Emirates with the fourth unit of the Barakah nuclear power plant entering commercial operation.

The military conflict with Russia that began in February 2022 has left Ukraine with “dangerous instability” of its national grid, according to the International Atomic Energy Agency’s director general Rafael Mariano Grossi.
Following a meeting in Kyiv with Ukrainian president Volodymyr Zelenskyy on September 3, Grossi promised to take a more proactive stance in protecting the country’s energy infrastructure—especially where nuclear safety is vulnerable. During recent months there have been numerous missile and drone attacks, with some directly causing the disconnection of several nuclear power plants.

Kilindini Harbor in Mombasa, Kenya, is East Africa’s largest international seaport. But rapid development of the Kenyan coastal zone is changing sediment distribution and dispersal patterns in the region, and shifting sediment poses safety and efficiency risks to ships in the harbor. With help from the International Atomic Energy Agency, a team of researchers from Kenya and South Africa has deployed a unique system to measure natural radionuclides in beach and aquatic sediments and map sediment transportation in the region. The IAEA described the mission in a photo essay published August 21.

Uranium enricher Urenco welcomed representatives from the International Atomic Energy Agency to an August 19 event to mark the creation of an IAEA Centre of Excellence for Safeguards and Non-Proliferation at its Capenhurst, England, site. Representatives of the three nations with ownership stakes in Urenco—the United Kingdom, the Netherlands, and Germany—were joined by representatives from the United States, where Urenco also operates an enrichment plant. Urenco expects the new center to be fully operational in 2025.

The adulterating of food products for financial gain, either through dilution, substitution, mislabeling, or other action, has become a lucrative industry. And because food fraud is designed to avoid detection, gauging its financial impacts can be difficult. Experts estimate that food fraud affects 1 percent of the global food industry at a cost of about $10 billion to $15 billion a year, with some estimates putting the cost as high as $40 billion a year, according to the U.S. Food and Drug Administration.

The IAEA’s Milestones in the Development of a National Infrastructure for Nuclear Power was last revised back in 2015. Now, about nine years later and amid a resurgence of interest in nuclear power, the latest guidance on the IAEA’s Milestones Approach offers updated advice to policymakers in nations looking to introduce a nuclear power program or expand an existing fleet, encouraging them to evaluate infrastructure readiness before seeking bids from reactor vendors. For the first time, the guide includes an “annex” specific to small modular reactor deployments.

Fifty-five high schoolers representing 14 Asian countries participated in an inaugural nuclear science competition earlier this month in the Philippines.
The event was held in the run-up to the United Nations’ International Youth Day, which is celebrated worldwide on August 12 to recognize and encourage the potential of young people as active partners in the global society. The nuclear field presents many opportunities for the next generation of scientists and engineers.
The International Atomic Energy Agency announced on Aug. 7 that its experts have confirmed that the tritium concentration in the latest batch of water to be released from the Fukushima Daiichi nuclear power plant is far below Japan’s operational limit. Tokyo Electric Power Company (TEPCO) began discharging the treated and diluted water that day.

The water level in Ukraine’s Zaporizhzhia nuclear power plant cooling pond continues to decrease, creating a serious safety threat.
“If this trend continues, ZNPP staff confirmed that it will soon become challenging to pump water from the pond. Maintaining the level of the pond is made more difficult by the hot summer weather,” said Rafael Mariano Grossi, director general of the International Atomic Energy Agency, in an update issued August 2.

Security watchdogs with the International Atomic Energy Association are reporting continuing issues at Ukraine’s Zaporizhzhia nuclear plant due to the military invasion from Russia.
IAEA director general Rafael Mariano Grossi said in his weekly briefing on Ukraine that Zaporizhzhia nuclear power plant staff experienced another power outage in the nearby city of Enerhodar—where most of the workers live—and a shortage of tap water that has also affected the plant.