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Canadian and European nuclear industries partner to promote clean energy and new nuclear

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The Canadian Nuclear Association (CNA) and the European Atomic Forum (FORATOM) have signed a Memorandum of Understanding (MoU) to collaborate in nuclear and promote clean, innovative and advanced nuclear technologies. This agreement will strengthen both associations’ efforts in advancing nuclear energy’s development, application, and deployment to meet climate change goals.

“We are excited to sign this Memorandum of Understanding with FORATOM,” said CNA President and CEO John Gorman. “Nuclear energy already makes important contributions to combating climate change. This agreement will work to ensuring that nuclear is part of the clean energy mix to meet the climate change challenge on both sides of the Atlantic”

“Climate change is a global challenge” adds Yves Desbazeille, Director General of FORATOM. “This is why it is important that all regions of the world work together to find solutions. Together, we will be able to send a coordinated message to our policymakers with the goal of demonstrating the important role which different nuclear technologies can play”.

Massimo Garribba, Deputy Director-General DG Energy in the European Commission says: “We welcome the Memorandum of Understanding signed between FORATOM and the CNA. This confirms their willingness to foster industry to industry collaboration on the safe use of nuclear energy, in particular in the context of decarbonisation priorities – an issue which the EU is very much committed to”

“We need nuclear to reach net-zero by 2050,” says the Honourable Seamus O’Regan Jr., Canada’s Minister of Natural Resources. “We are working with our international counterparts to safely expand nuclear technologies, such as SMRs, and meet our climate change goals.”

Canadian-European nuclear cooperation goes back decades. Canadian CANDU reactors have been in service in Romania for nearly 30 years. At the same time, European companies have provided components to the Canadian nuclear sector and are recognised internationally for the technology know-how. The development of new and innovative nuclear technologies, such as SMR’s, is expected to further enhance cooperation between Europe and Canada.

The MOU addresses the need for greater dialogue and exploration of nuclear’ s role in effective environmental stewardship. It includes:

  • advocating for more explicit and prominent inclusion of nuclear energy in Europe and Canada’s energy and environmental policies, including sustainable finance (taxonomy);
  • support for innovation in nuclear energy, specifically the development and deployment of small modular reactors and advanced reactors;
  • Identify and implement initiatives where FORATOM and CNA could work together to promote nuclear as a clean energy source to meet climate change goals, reduce emissions and improve the quality of life.

Canada is home to 19 nuclear power reactors, which produce clean, reliable electricity, representing 15 per cent of the country’s total electricity. Every year in Canada, nuclear energy avoids 80 million tonnes of CO2 emissions by displacing fossil fuels; supports 76,000 direct and indirect jobs; and contributes $17 billion in gross domestic product.

Nuclear power generates around 26 per cent of the European Union’s electricity in 13 countries with 107 reactors (which go up to 141 if we include all FORATOM members non-EU Switzerland, UK and Ukraine) that provide 50% of low carbon electricity. The industry supports over one million jobs (direct, indirect and induced) across the continent with a turnover of €100 billion a year.

You can read the MOU here.

About the CNA
Since 1960, the Canadian Nuclear Association (CNA) has been the national voice of the Canadian nuclear industry. Working alongside our members and all communities of interest, the CNA promotes the industry nationally and internationally, works with governments on policies affecting the sector and works to increase awareness and understanding of the value nuclear technology brings to the environment, economy and daily lives of Canadians.

About FORATOM
FORATOM is the Brussels-based trade association for the nuclear industry in Europe. It acts as the voice of the European nuclear industry in policy discussions with EU institutions and other key stakeholders. The membership of FORATOM is made up of 15 national nuclear associations active across Europe and the companies that they represent, and four corporate members, the Czech energy company, CEZ, Fermi Energia in Estonia, NUVIA in France and the Polish energy company, PGE EJ 1. More than 3,000 companies are represented, supporting around 1,100,000 jobs.

Energy

Germany to speed up wind and solar energy expansion

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The German government plans to speed up the expansion of wind and solar energy by 2030 as part of its climate protection programme, a draft law seen by Reuters showed on Wednesday (2 June).

The new plan aims to expand installed production capacity of onshore wind energy to 95 gigawatts by 2030 from a previous target of 71 GW, and of solar energy to 150 GW from 100 GW, the draft showed.

Germany's installed capacity of onshore wind power stood at of 54.4 GW and of solar energy at 52 GW in 2020.

The climate protection programme also envisages funding of around 7.8 billion euros ($9.5 billion) for next year, including 2.5 billion euros for building refurbishment and an extra 1.8 billion euros for subsidies for electric car purchases.

The plan also includes doubling support to help industry change processes to cut emissions of carbon dioxide, such as in steel or cement production.

However, these financial pledges can only be approved after the German federal election in September.

The move comes after Germany's Constitutional Court ruled in April that Chancellor Angela Merkel's government had failed to set out how to cut carbon emissions beyond 2030 after plaintiffs challenged a 2019 climate law. Read more.

Earlier this month, the cabinet approved draft legislation for more ambitious CO2 reduction targets, including being carbon neutral by 2045 and cutting German carbon emissions by 65% by 2030 from 1990 levels, up from a previous target for a 55% cut.

($1 = €0.8215)

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Energy

Commission and Breakthrough Energy Catalyst announce new partnership to support investments in clean technologies for low-carbon industries

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Commission President Ursula von der Leyen and Bill Gates have announced a pioneering partnership between the European Commission and Breakthrough Energy Catalyst to boost investments in the critical climate technologies that will enable the net-zero economy. Presented on the occasion of the sixth Mission Innovation Ministerial meeting, the new partnership aims to mobilize new investments of up to €820 million/$1 billion between 2022-26 to build large-scale, commercial demonstration projects for clean technologies – lowering their costs, accelerating their deployment, and delivering significant reductions in CO2 emissions in line with the Paris Agreement. 

This new partnership intends to invest in a portfolio of high-impact EU-based projects initially in four sectors with a high potential to help deliver on the economic and climate ambitions of the European Green Deal: green hydrogen; sustainable aviation fuels; direct air capture; and long-duration energy storage. In doing so, it seeks to scale up key climate-smart technologies and speed up the transition towards sustainable industries in Europe.  

European Commission President Ursula von der Leyen said: “With our European Green Deal, Europe wants to become the first climate-neutral continent by 2050. And Europe has also the great opportunity to become the continent of climate innovation. For this, the European Commission will mobilize massive investments in new and transforming industries over the next decade. This is why I'm glad to join forces with Breakthrough Energy. Our partnership will support EU businesses and innovators to reap the benefits of emission-reducing technologies and create the jobs of tomorrow.”

A press release is available online.

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Energy

EU Reporter partners "All Things Energy Forum" 02-04 June

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Starting tomorrow, Wednesday 2nd June, EU Reporter is All Things Energy Forum June 02-04 is an international digital stage that will engage more than 140 Speakers and 1000 Attendees in an interactive dialogue. This high-level event will welcome more than 30 countries to deal with six mega phenomena in a novel manner, combining approaches and contemplating interrelated impacts.

The event will span over two and a half days. The first day (02/06/2021) will host government ministers and high-level industry and public executives, in two introductory panel discussions:

  • All Things Energy the EU Green Deal and the Impact of COVID-19
  • Energy Projects in SE Europe and the East Med


During the following two days, Thursday 03 - Friday 04/06/2021, the conference will host more than 100 speakers in plenary as well as specialised parallel sessions that will cover all the aspects and challenges of the energy ecosystem. The agenda will not follow the classic lines of supply, demand, policy, technology, finance etc. Instead, a novel combinatorial approach will be used focusing on the links between 1. Epidemics, 2.Economics, 3. Energy trade, 4. International politics,
5. Energy/Environment policies and 6. Disruptive Technologies.


Key issues to be discussed include:

  • New Visions of Energy: Succeeding in a disruptive context
  • New regional perspectives: The role of gas in the transition to a lower carbon economy
  • What major technology breakthroughs are revolutionizing the energy sector
  • Dynamic resilience: Preparing for extreme weather, water stress and cyber risk
  • The business outlook for oil
  • The outlook for hydrocarbon economies
  • Megaprojects: Global impact and implications
  • Rethinking hydro: Powering tomorrow’s world
  • Driving innovation: The role of governments in the future of energy


Register here to join the first edition of #ATEForum2021: https://www.eventora.com/en/Events/allthingsenergyforum-2020

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