ITER Organization’s Post

The UK's Department for Energy Security and Net Zero is seeking feedback on a proposed 'National Policy Statement' for siting fusion energy facilities, emphasising the importance of a clear regulatory framework for investment and safety. Read more: https://lnkd.in/eudmT7x3 #NEI #nuclearpower #nuclearenergy #fusionenergy #nuclearsafety

G7 LEADERS UNITE TO ACCELERATE GLOBAL FUSION ENERGY DEVELOPMENT In a major boost for fusion energy, G7 leaders have committed to establishing a dedicated Working Group on Fusion Energy and aligning regulatory approaches across member nations. The move aims to accelerate the development and commercialization of fusion power plants worldwide. The announcement was made in the Leaders' Communiqué published at the conclusion of the 50th G7 Summit in Apulia, Italy on June 16, 2024. The communiqué highlights fusion's potential to provide a lasting solution to climate change and energy security challenges. Key commitments include setting up the G7 Fusion Working Group to strengthen international R&D collaboration, working towards consistent fusion regulations to enable private investments, and hosting the inaugural ministerial meeting of the World Fusion Energy Group in Rome. With strong political backing from G7 powerhouses like the US, UK, Germany and others, the global fusion industry is poised for rapid growth in the coming years. The coordinated push could unlock billions in public and private funding to commercialize fusion - the ultimate clean energy source. #NEI #nuclearpower #nuclearenergy #fusionenergy #energysecurity

Even World Economic Forum supports Nuclear - very unusually for Labor to be afraid of it, is the payoff for (fake)renewables that big? Remember renewables are not renewable. The windmills and solar panels (it costs the environment heavily to produce them and install them after killing off koalas) end up as hugely expensive trash to replace in a relatively short time - while nuclear would still be reliably cooking long afterwards. “Small reactors could make nuclear energy big again. How do they work, and are they safe?” World Economic Forum Oct 6, 2022 https://lnkd.in/geyUFB5V 5 reasons we must embrace nuclear energy in the fight against climate change WEF - Jan 17, 2024 https://lnkd.in/g37vvvYD

As Australia’s energy security shrinks away to the mediocrity of its political class in Caberra, the world’s energy demand booms on the take up of nuclear. https://lnkd.in/gumEa5gk

In The Watchlist webinar, Guy Keller, Portfolio Manager of Tribeca Nuclear Energy Opportunities Strategy, gave a keynote speech and shares his outlook and insights for Uranium and Nuclear Energy in a panel discussion: - Macro fundamentals for the sector, - Why a sustained higher price is likely and how it will mean very little to the producers, and - How the discussion around Nuclear Energy is changing rapidly. Watch the keynote here: https://lnkd.in/gM-ZTyCz And Watch the panel discussion here: https://lnkd.in/gttPWyad #Uranium #NuclearEnergy #MarketOutlook #Tribeca #Investment

While the electric grid is stretched to its limit, many new power projects are held in backlogs known as "interconnection queues," waiting for approval to be built and connected to the grid. https://lnkd.in/eCfBSrKs

Capacity market prices for energy in PJM surged, signaling a crucial demand for additional generation. PJM Interconnection's footprint is set to allocate $14.7 billion for capacity in the 2025/26 delivery year, a substantial rise from $2.2 billion in the previous auction. Stay informed about the energy sector's evolving landscape: [Link to the article] #EnergyMarket #CapacityAuction #PJMInterconnection

Excellent opportunity for development of new energy sources

The U.S. Department of Energy (DOE) will hold an informational webinar regarding a funding opportunity of up to $900 million to catalyze the deployment of Generation III+ small modular reactors. Learn more: https://lnkd.in/gAkkZJfs #nuclearpower #renewableenergy #energyinnovation