Tim Yeo, Chairman of the New Nuclear Watch Institute
Tim has a longstanding commitment to the nuclear energy industry dating back three decades to when he was Minister of State for the Environment with responsibility for climate change policy in the UK Government. He later served in the Shadow Cabinet as Shadow Secretary of State for Trade and Industry before being elected as chairman of the UK Parliament Energy and Climate Change Select Committee.
Tim is chairman of PowerHouse Energy Group plc, a listed UK company developing technology to convert plastic waste into hydrogen. He is a director of Getlink SE, one of the largest listed companies in France which owns and operates the Channel Tunnel, the low carbon transport link between the UK and the EU for both passengers and freight. Tim is the Honorary Ambassador of Foreign Investment Promotion for South Korea and has worked in China on climate related projects including the design of China's carbon trading markets and on carbon capture utilisation and storage with the UK-China (Guangdong) CCUS Centre.
Tim often speaks at various events, university seminars as well as international conferences and is often interviewed by the media.
10 December 2019
Climate Change and Nuclear Energy - The World in 2020
NNWI organized a drinks reception, where a document setting out the key events in 2020 and hopes for the nuclear industry in 2020 were published.
Tim delivered a short presentation pointing out that nuclear should be treated equally with other low carbon energy sources. He said that "preventing dangerous irreversible climate change requires a much bigger and faster response than anything previously achieved."
Indulging in energy fantasies is dangerous. It discourages, and can even prevent, investment in desirable solutions. Providers of low carbon electricity should work together. The nuclear lobby is ready to cooperate with the renewable energy industry, whose growth we welcome.
6 June 2019
Vienna Energy Transition Forum
The Vienna Energy Transition Forum, which is convened by the Institute of Energy for SE Europe (IENE) in partnership with the Vienna based Energy Centre Europe (ECE) has brought together some of the most progressive energy thinkers from across Europe in order to discuss the critical energy and environmental issues.
Tim delivered an opening statement alongside other high level energy leaders. He said, that "it’s now clear beyond all possible doubt that decarbonisation of the power sector must accelerate very rapidly." Tim naturally urged increased reliance on nuclear power, but he voiced concern that while renewables would certainly grow, half of their projected growth would actually come at the expense of nuclear.
21 November 2019
24th National Conference “Energy and Development 2019”
The Institute of Energy for SE Europe (IENE) organized, once again, its annual conference now in its 24th edition. The conference has been established over the past years as a major event in Greece for energy policy and business. The special topic of this conference was "Energy’s Pivotal Role in Economic Growth”, wishing to underline the significance of the energy sector in economic growth and its special importance to Greece and SE Europe. At the same time and looking at the global energy scene, the need for Energy Transition has acquired a new significance in the overall drive to combat Climate Change.
Tim delivered his presentation during the Session III on “Key Challenges in the Current Energy Environment”.
13 May 2019
International Congress on Advances in Nuclear Power Plants (ICAPP)
ICAPP congresses are co-sponsored by the American Nuclear Society, the Atomic Energy Society of Japan, the Korea Nuclear Society, the French Nuclear Society and a number of major international nuclear societies, including European Nuclear Society. ICAPP 2019 was the place to get a comprehensive overview of nuclear energy’s rebound and to understand the many ways it will fully contribute to decarbonisation.
Tim delivered a presentation as part of the Panel-1 session on Nuclear Energy International Outlook, discussing that as concern about climate change grows the need for nuclear power increases but the outlook in much of the West is uncertain. He also noted that policy makers must be persuaded that limiting the global average temperature rise to 1.5 C will only happen with a big contribution from nuclear.
6 November 2019
NNWI Forum 2019: Nuclear Energy as part of Europe's energy mix
At the New Nuclear Watch Institute Forum, the audience had industry experts to debate with and a screen full of pictures, charts and tables to look at. Tim's contribution was A European Green New Deal.
Tim noted, that "Green New Deals are becoming fashionable and pop up in varying guises with net zero targets often a prominent feature. NNWI believes that nuclear energy is needed alongside renewables. Both must be part of Europe's Green New Deal."
“It is simply unwise and wrong for the European Commission’s technical commission group to discriminate against nuclear energy, by excluding it from the taxonomy of sustainable investments which enjoy favoured access to funds,” he added.
13 November 2018
UNECE International Forum on Energy for Sustainable Development
The Forum united representatives from international organizations, energy utilities, academia and industry involved in the research, development, and implementation of nuclear energy programmes and policies.
Tim delivered a key messages on the theme of Nuclear Energy's Role in Low-Carbon Stabilisation Pathways as part of the Session 2. Tim pointed out that decarbonising power cannot be achieved without a significant element of nuclear energy. He noted that for nuclear energy to perform its full potential role the industry must improve its message to governments, communities, industries, opinion formers and the public, so that support for building new nuclear plant grows. The nuclear industry must remain competitive with other low carbon energy sources and drive down costs.