Page 13 - AsiaElec Week 08 2023

AsiaElec NEWSBASE’S POWER ROUNDUP GLOBAL (NRG POWER) AsiaElec

NewsBase’s Power Roundup

Global [NRG Power]

POWER Welcome to the latest edition of NewsBase’s NRG culmination of a plan that first surfaced in
Power Roundup Global in which the reader is late November, 2022, as part of Tokyo’s bid
invited to join our team of international editors, to guarantee domestic energy security in the
who provide a snapshot of some of the key issues decades to come.
affecting their regional beats in Asia, Africa, Cen-
tral and Eastern Europe, as well as the global sum- ENERGO: Rosatom’s nuclear exports surge in
mary of renewable energy and climate change 2022
mitigation. We hope you will like NRG Power’s Russia’s nuclear exports were already
concise format, but by clicking on the headline booming well before the war in Ukraine
link for each section the full text will be available. If started but now they are growing even
you would like to receive NRG Power Editor’s Picks faster. After the disaster of Chernobyl
every week to your inbox for free then please click in the 80s, Russia has fully modernised
on the link here and fill in the form. its nuclear technology and switched to
the VVER 1200 reactors (water-water en-
AfrElec: Examining the risks of Africa going ergetic reactor) that are compliant with
nuclear the IAEA’s International Nuclear Safety
African countries, like the rest of the world, have Group (INSAG) recommendations and
inevitably entered the energy transition. Mount- general considered to be amongst the saf-
ing international pressure to drastically reduce the est in the world.
production of carbon dioxide (CO2) is forcing
African countries to look away from coal and into REM: Fossil fuel consumption subsidies in
renewables and nuclear power generation. 2022 at record high of $1 trillion
According to the International Energy Agen-
AsiaElec: Japanese nuclear power programme cy (IEA), worldwide subsidies for fossil fuel
gets the green light consumption increased dramatically in 2022,
Japanese nuclear regulators have given the surpassing $1 trillion for the first time. This
go-ahead for new nuclear reactors to be con- surge in subsidies was caused by energy mar-
structed while at the same time extending ket turbulence, which led to international fuel
the operational lifetime of current reactors prices soaring well above what many consum-
from 40 to 60 years and beyond. It is the ers paid.™

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