Rumina Velshi P.Eng, ICD.D’s Post

Looking forward to this discussion on the pivotal role of nuclear energy in deep decarbonization. I'll be joining a line up of government and industry heavyweights including Minister Gilberto Pichetto Fratin, Sama Bilbao y Leon, Stefano Buono, and Rumina Velshi P.Eng, ICD.D. Nuclear is a key topic for the G7 as Canada and our allies make decisions to ensure long-term energy security on the path to net zero.

In a few hours, the International Atomic Energy Agency (IAEA) will release the 2024 edition of Climate Change and Nuclear Power, entitled "Financing Nuclear Energy in Low Carbon Transitions" in a joint event with the NICE Future Initiative of Clean Energy Ministerial. The report discusses recent trends in financing nuclear power - including sustainable/green bonds, and stresses the importance of the private sector and financial institutions to raise the level of investments from current levels to the USD 125 billion per year needed to scale up nuclear capacity by 2.5 by 2050 - corresponding to the high case International Atomic Energy Agency (IAEA) projections - or to the USD 150 billion per year to triple nuclear capacity by 2050. The report can be downloaded here: https://lnkd.in/dy_aPX98.

I recently explored a report by the Nuclear Innovation Alliance that outlines key actions to accelerate commitments to advanced nuclear energy, called “Catalyzing Commitments to Advanced Nuclear Energy Projects”. The report presents a clear call to action for all stakeholders involved in advanced nuclear energy. The insights presented are not only timely but critical for shaping the future of our energy landscape. As we all know, advanced nuclear has immense potential to provide clean, reliable energy. However, the report highlights significant barriers that have hindered financial commitments to new projects, primarily due to uncertainties surrounding costs and the lengthy development processes inherent in nuclear projects. To address these challenges, one of the most compelling recommendations from the report is collaboration among stakeholders: private companies, government agencies, and legislators. Such cooperation can facilitate resource sharing and knowledge transfer, which are crucial for mitigating risks and enhancing project viability. Engaging large corporations and data centers as early offtakers can also help share financial burdens and drive momentum in the sector. I highly recommend reading the full report for deeper insights and sharing it with others to foster awareness and discussion on this critical topic. https://lnkd.in/ekPSPxMW #NuclearEnergy #EnergyInnovation #Collaboration #Sustainability #CleanEnergyTransition #smallmodularreactors #advancednuclearenergy

⚛ Recognizing the return of #nuclearpower to the energy sector mainstream, ERRA holds today its Nuclear Energy Regulatory Forum in Warsaw, hosted by Urząd Regulacji Energetyki (URE) and developed in cooperation with Ministerstwo Klimatu i Środowiska. The Forum was opened by sirs Maciej Bando, Rafał Gawin & Pal Sagvari, followed by a keynote presentation on the role of nuclear power in achieving #NetZero by Keisuke Sadamori from International Energy Agency (IEA). Discussions of Day 1 of the conference focus on: ➡ Policy #incentives to build new plants and units, ➡ Synergies between nuclear power and other energy sources in the #EnergyMix, ➡ Nuclear and the #transmissiongrid - challenges of system planning, ➡ National regulatory experiences with and ambitions for regulating nuclear energy. The Forum continues for half day tomorrow with two more sessions on the agenda. Many thanks to all knowledge partners and participating organizations. Mariusz Swora, dr hab., International Atomic Energy Agency (IAEA), World Nuclear Association, Nuclear Energy Institute, OECD Nuclear Energy Agency, Idaho National Laboratory, EPRI, Polskie Sieci Elektroenergetyczne S.A. #ERRANuclearForum

Very interesting discussion we had  in Warsaw, on the nuclear power  and their futur evolution  in the world / EU energy mix. 

Poll Insights: The future of nuclear power 🌍 The debate on #NuclearEnergy is ongoing. With 516 votes from the #EnergyDebate community, here are your insights: Expansion: 68% Maintenance at Current Levels: 17% Reduction: 10% Complete Phase-out: 5% A significant 68% of you believe that nuclear power will expand, indicating strong support for its role as a potent source of clean energy amidst global energy challenges. What factors do you think will influence the trajectory of nuclear energy? Join the discussion! #FutureOfEnergy

As pathways to achieve net zero are increasingly being discussed internationally and domestically, the role that nuclear energy might play in Australia’s energy transition is drawing mixed views. Anna White, Tracey Greenaway, Anthony Lepere and Milaan Latten discuss why formulating a regulatory roadmap for how a nuclear energy program might function in Australia could help to further inform decision-making about Australia’s future energy mix. https://lnkd.in/gK6eaQ5T

Debate on the role of nuclear in the future energy mix is being reinvigorated at an international level. My colleagues Anna White, Anthony Lepere, Milaan Latten and I comment on a pathway for moving the debate forward in Australia. #nuclear, #energytransition.

As the world grapples with the urgent need for sustainable and reliable energy sources, nuclear power has emerged as a crucial contender. Despite its potential to combat climate change and fulfil escalating energy needs, the nuclear energy sector frequently falls victim to misconceptions and myths. In our recent guide, we aim to debunk the top five myths surrounding the nuclear industry. Download today to learn more: https://lnkd.in/exR-UGkw #nuclear #nuclearenergy #renewableenergy

Majority of Swiss Support New Nuclear Power Construction: A recent poll reveals that 53% of the Swiss public is in favor of lifting the ban on building new nuclear power plants. The government is considering amending the Nuclear Energy Act, and discussions will continue into 2025. This marks a shift in public opinion as energy needs grow, and other energy sources face challenges. Read more on : https://lnkd.in/eYSB-_iq Image Generated  By AI #NuclearEnergy #SwissEnergy #EnergyPolicy #RenewableEnergy