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The News That Matters about the Nuclear Industry

December 3 call for international action against Toxic Trade Agreements

texy-TPP

see below for actions in 24 USA cities

Call To Action: December 3, International Day of Action Against Toxic Trade Agreements 

Join the International Call to End the WTO and Stop the New Wave of Free Trade Agreements on December 3rd, the first day of the World Trade Organization meetings in Bali, Indonesia. The WTO meeting will be followed by another round of Trans-Pacific Partnership (TPP) meetings by lead negotiators in Singapore. Negotiations for the Trans-Atlantic Trade and Investment Partnership (TAFTA) are also underway.

All of these trade agreements share the same fundamental principle that profits are more important than the health and needs of people and the planet. They are destroying local economies and public infrastructure in order to establish a global neo-liberal economic system that privatizes all goods and services. These agreements grant transnational corporations the power to change laws even down to the local level and challenge court decisions in their own tribunal that operates outside of sovereign judicial systems and cannot be challenged by domestic courts.

On December 3, we call on all allies for fair trade, peace and justice to gather in a public space at noon and declare global resistance to these toxic trade agreements. Continue reading

December 1, 2013 Posted by | ACTION | Leave a comment

Canada wants India to “tweak” nuclear liability law

….India and Canada have signed a civil nuclear cooperation agreement in 2010 that allowed them to initiate negotiations for uranium supply….

http://metroindia.com/Details.aspx?id=12806

PTI/Mumbai : India needs to tweak its civil nuclear liability law if it. wants to attract foreign companies in a big way to help the country achieve its ambitious target in atomic power generation, a senior Canadian diplomat has said.”The way the liability has been framed in the civil nuclear liability Act deviates from the global standards and it is our view if it is not modified, it is hard to see any foreign supplier coming in a big way to India,” Canada’s Consul General Richard Bale told PTI on the sidelines of the Nuclear Summit here over the weekend.

Under the Act, an operator of a nuclear plant (so far only NPCIL) will be liable for damages worth up to Rs 1,500 crore. However, there is a provision for the right of recourse for the operator. If written into the contract, the operator can claim the liabilities from the manufacturer and supplier. Most of the suppliers, domestic as well as international, are concerned over whether they will have to bear over Rs 1,500 crore in the event of a nuclear disaster.

The Canadian diplomat further said there is a need for more clarity on the policy front. “The problem is that it is not clear where the line is. If you are a supplier of reactors, then it is a problem. At the same time, if you are a sub-contractor, even then there is a problem as there is no clarity on who should be held responsible. India needs to tweak the liability law,” he said.

India plans to expand its nuclear power generation capacities exponentially and has set an ambitious target generating 63,000 MW of atomic power by 2032. By 2020, India’s installed nuclear power generation capacity is expected to increase to 20,000 MW.
India and Canada have signed a civil nuclear cooperation agreement in 2010 that allowed them to initiate negotiations for uranium supply.

 

December 1, 2013 Posted by | Uncategorized | Leave a comment

Sellafield executives to face MPs as nuclear clean-up bill rises over £70bn

…The committee has in the past been highly critical of NMP, not least for falling behind on 12 out of 14 key tasks being undertaken in Cumbria….

http://www.theguardian.com/environment/2013/dec/01/sellafield-nuclear-clean-up-cost-rises

 

The huge Sellafield plant in Cumbria is regarded as the most dangerous industrial site in western Europe, not least because it houses 120 tonnes of plutonium, the largest civilian stockpile in the world. Photograph: David Moir/Reuters

The bill for cleaning up the huge Sellafield nuclear plant in Cumbria will rise even higher than its current estimated level of £70bn as operators struggle to assess the full scale of the task, according to sources close to the project.

The warning comes just days before private sector managers face a grilling from the public accounts committee, which is investigating activities at the facility.

It was hoped that the huge bill – eight times the cost of staging the London Olympics – would be capped at £70bn, but well-placed sources have told the Guardian that the operators are convinced they are still “not at the top” of the cost curve.

Sellafield is regarded as the most dangerous and polluted industrial site in western Europe, not least because it houses 120 tonnes of plutonium, the largest civilian stockpile in the world.

The cost of decommissioning the Calder Hall reactor plus a magnox fuel reprocessing plant at Sellafield has been rising steeply, but the biggest task comes from “ponds” and “silos” filled with old equipment and deteriorating, highly toxic waste.

Nuclear Management Partners (NMP), the private sector consortium that manages the site, declined to comment, but other sources said those engaged in the clean-up were still some way from knowing exactly what was in the storage facilities. “Record-keeping in the past was clearly not what it should have been,” said one.

The soaring cost of decommissioning, along with the apparent inefficiency of NMP – and the £230m of dividends it has received – will come under the spotlight on Wednesday at a meeting of the public accounts committee, which is chaired by Margaret Hodge, the straight-talking MP for Barking and Dagenham.

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December 1, 2013 Posted by | Uncategorized | Leave a comment

Director has to turn to crowdfunding to make Japanese anti-nuclear film

…Yamamoto’s character is a relative who tries to persuade the family to move to Okinawa, Japan’s southernmost island, as they suffer through futile efforts to decontaminate their strawberry fields and one of them develops cancer.
It is now being screened at about 10 independent movie theaters and cinema complexes in Japan…

….The film taps into the strong feelings of critics who accused the Japanese government and nuclear industry of jointly downplaying the severity of the Fukushima disaster and dragging their heels on releasing information…..

Agence France Presse

Published — Monday 2 December 2013

1385547845374170700.jpg

http://www.arabnews.com/news/486086

Japanese film director Takafumi Ota had a problem. He needed studio financing for a film that was harshly critical of the nuclear industry in the aftermath of Fukushima, but no one was interested in funding his project the traditional way.
Large sections of Japan’s movie industry wanted nothing to do with it, and he was told that influential sponsors did not want to be associated with anything that criticized the powerful atomic sector.
“It wasn’t only major film distribution companies but also DVD companies — who usually get interested in investing in films to share copyright — who showed no interest in my plan,” said the 52-year-old Ota, whose previous work includes the critically acclaimed 2006 film “Strawberry fields,” which screened at the Cannes International Film Festival.
“A senior film director told me ‘Don’t do this. You’ll never be able to make commercial films.’“
With few options to make the film, but a groundswell of anti-nuclear feeling in post-Fukushima Japan, Ota turned to the public to make his film in another example of how crowdfunding is changing the face of traditional financing.
The practice sees individuals or firms raise micro-donations from small investors over the Internet. While still small, the market has been booming, with companies such as the pioneering KickStarter offering donation-based funding for creative projects.
Globally, the crowdfunding market grew 81 percent last year and was on track to raise $5.1 billion in 2013, with investments in everything from business startups and philanthropic projects to films and music, according to research firm Massolution.
For Ota, raising money through his blog from a public suspicious of the nuclear industry got him the crucial 10 million yen ($100,000) that he needed to make “Asahi No Ataru Ie” (The House of Rising Sun), a film about a family pulled apart by a Fukushima-like nuclear crisis. Each donor was offered the chance to see their name on the credits.
“The 10 million yen budget is extremely low for a feature-length film, but actors and other staff got on-board despite low salaries,” Ota said. Among them was Taro Yamamoto, a 39-year-old actor who is a household name in Japan thanks to his appearances in movies, television dramas and on variety shows.

Continue reading

December 1, 2013 Posted by | Uncategorized | Leave a comment

GOLD, MINING, URANIUM & FUKUSHIMA: Amir Adnani –

http://www.occuworld.org/news/432475

Decmber 1st  2013

Amir Adnani, the founder and Chairman of Brazil Resources and CEO of Uranium Energy Corp joins us to discuss everything from the real world costs of mining one ounce of physical gold, to the HUI hitting new lows while major stock market indexes soar to new highs. It’s been a multi-year bloodletting for anyone who owns mining stocks, and with Brazil Resources (Full Disclosure: I own none) back down near its IPO price, we wanted Amir’s take on the beaten down, unloved precious metals mining sector — a contrarian play if ever there was one. Adnani says, ‘The cycles are necessary and create opportunities… we need these down periods because these are the windows where you can substantially grow your company, you can acquire assets for cents on the dollar.”

Regarding the current prices of silver and gold being below the costs of production for many miners, even as every government on earth is printing fiat currency as fast as possible, Adnani says, “This is the disconnect, almost of a lifetime… and again it creates incredible opportunities, and you have to do something with it.”

As for uranium and the nuclear power sector, I ask Amir the tough questions about Fukushima. Can nuclear power generation really ever be safe? Given the absolute environmental catastrophe caused by the Fukushima Daiichi nuclear power plant, what is the future of nuclear power, a major energy source for the world? Adnani answers the tough questions and shares his insights candidly in this nearly 40-minute long interview.

For REAL News & Information:

http://sgtreport.com/

http://thelibertymill.com/

Music: “Shores of Avalon” by Kevin MacLeod (incompetech.com) Licensed under Creative Commons “Attribution 3.0” http://creativecommons.org/licenses/by/3.0/

http://creativecommons.org/licenses/by/3.0/legalcode

The content in my videos and on the SGTbull07 channel are provided for informational purposes only. Use the information found in my videos as a starting point for conducting your own research and conduct your own due diligence (DD) BEFORE making any significant investing decisions. SGTbull07 assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information. Thank you.

December 1, 2013 Posted by | Uncategorized | Leave a comment

To the Fukushima workers . We support you! – Address to J Village supplied.

To the Fukushima workers …

Translated from….

http://kna-blog.blogspot.fr/2013/11/full-tyvek-jacket-aux-travailleurs-de.html (In french)

Those first moments , the most terrible nuclear catastrophe.
Those who daily continue to fight against the worsening situation.
Those who will replace them for many years.
To the families and their relatives.

Here is a message of gratitude and sympathy that comes from France .

If you can not count on your employers and managers to treat you correctly, and you ‘re not only provided for and discredited in the face of insurmountable problems that you face.

Although this is a small consolation to thousands of kilometers , strangers, ordinary people like you , are with you in thought and thank you from the bottom of their hearts for your courage and determination .

You are important people who deserve respect, by the responsibilities that rest on your shoulders, and because of that you do not really get in return recognition or rewards.

You can not blame the worker who disconnected the wrong pipe, pressing the wrong button or overfilled tank , due to a lack of training, specific instructions, or means of control.

You can not blame the worker who loses morale because he is faced with difficult working conditions and dangerous .

People like us, who are on your side , who rely on you , which offer you their trust and moral support that you do not forget , there are thousands and even millions surely worldwide .

We do not know you , but we are human beings like you , citizens of the Earth. We know the difficulty of your situation, and if we can not do much for you, we would like to say thank you for what you do , thank you for the risks you take for all of us . We are with you .

Thank you to the “Fukushima 50” and all the courageous people who from the first day of the disaster did not hesitate to put their lives at risk to prevent a more serious situation occuring.

Thank you to all the people that we never talk about that every day at their level, involved in the huge task of curbing the radioactive risk to the Fukushima nuclear plant .

Our moral support and our thoughts are with you and your families, and to the relatives of the victims who lost their health or their lives in this struggle.

☢ ~ ~

Here is the same text as PDF , translated into several languages. My first goal is that the message reaches the Japanese Fukushima workers . Post this text, pass it , for it has a chance to reach its recipients. (Please share the links below, not the files themselves or their direct links , so that I can maintain visibility into their use . )

Japanese

福島 原発 で 働く 皆さん へ

http://goo.gl/re5822


German

An die Arbeiter im Atomkraftwerk Fukushima

http://goo.gl/0LtHXo


English

To the workers of Fukushima

http://goo.gl/zCEpg0


Spanish

A los Trabajadores Fukushima

http://goo.gl/nNukUA


Esperanto

Al laboristoj the Fukushima

http://goo.gl/JBp9MF


French

Fukushima workers

http://goo.gl/br0Mi2


Italian

I lavoratori di Fukushima

http://goo.gl/7XOmX8


Dutch

Aan de werknemers van Fukushima

http://goo.gl/rOMnfB


Portuguese

Trabalhadores Aos Fukushima

http://goo.gl/B1E3i1


Russian

Работникам на Фукусиме

http://goo.gl/s3wGze


other

Your turn …

☢ ~ ~

The title of this article, “Full Tyvek jacket” , probably something to remind many of you . This is not innocent.

The Tyvek is a material made ​​from non-woven polyethylene fibers , a chance discovery of DuPont in the 50s. This is the constituent outfits white protective or sometimes blue , supposed to be worn by all workers who work on the site of Fukushima Daiichi and decontamination sites in prohibited areas . This type of combination is widely used in many industrial or artisanal activities as disposable protective clothing against soiling .

For what concerns us , so they protect
mainly workers against contamination by radioactive dust . But absolutely not against penetrating radiation, gamma rays or neutron beams. To do this, we must have recourse to the lead or tungsten-based composites , used for example in Chernobyl or Fukushima, by some very exposed stakeholders during work on the reactor 3 building.
They do not protect either risk caused by faulty adjustment of all protective elements of the outfit, due to missing or insufficient instructions , or parts unsuitable equipment . It will be recalled eg irradiated workers in March 2011 in the reactor building flooded unit 3, the highly contaminated water they waded having seeped into their boots too low and poorly fitting clothes . By cons , it is noted that “for the photos “, where their colleagues hide behind a cover at their disposal to receive care , everyone seems sealed and taped everywhere. Or almost …

Here is the only armor against radiation available to the vast majority of workers in Fukushima : overalls polyethylene . Full Tyvek jacket …

http://www.youtube.com/watch?v=b151VLqRwHg&feature=share&list=UU-J6bDRfeGYfexcoaP4LeWQ
( 3’30 ” In st Fr)
Russia Today recently published a short report on the conditions of workers in charge of the work of post- Fukushima rehabilitation. Here subtitled in French .
It includes Tomohiko Suzuki, courageous investigative journalist who worked clandestinely in Fukushima for a month and a half during the summer of 2011 , and has published a book titled ” The Yakuza and the nuclear industry .”

Although a bit long , I suggest you look at this conference in December 2011 in two parts, translated into French , in which Mr. Suzuki describes his experience at the Fukushima plant , with some photos and video footage taken on the spot . Two main themes are :
– The state of the plant , despite the official declaration of ” cold shutdown ,” the risks to workers and the shortcomings of TEPCO and the Japanese government.
– Involvement for many years Yakuza mafia organizations in the Japanese nuclear industry .

http://www.youtube.com/watch?v=b151VLqRwHg&feature=share&list=UU-J6bDRfeGYfexcoaP4LeWQ

More links to video evidence on  http://kna-blog.blogspot.fr/2013/11/full-tyvek-jacket-aux-travailleurs-de.html

(Part 1 , 47’12 ” , Jp + st In Fr)
(Part 2 , 55’02 ” , Jp + st In Fr)

Now here is the testimony of some;
( 8’16 ” De st Fr)
Fukushima workers who contacted the studios of the ZDF in Tokyo in October 2011: “Those that are often called heroes, those who do the cleaning, gave their version of their harsh working conditions, without any idea doses of actual radioactivity there. Even if nuclear disaster is out of the head of most people , for those who work there, it continues … ”

( 25’36 ” In st Jp + Fr)
The months and years pass, some things change. Now back to more than 40 years ago, with the uplifting documentary N. Röhl , ” Nuclear Ginza ” , where he gives the word has multiple victims , sent to be irradiated without protection or training in the most dangerous areas, and parents of a worker even 30 years which left her skin there . I’ve already devoted an article there one year. If you have already read, go read it , review this video . This is also nuclear, in the beautiful nation of Japan, moving towards a bright future …

I think it would be unfair not to mention also those which are often the early major disasters frontline firefighters, and the military. Certainly , they are more likely to chose their profession without being picked up in some shallows by the Yakuza . But whether in Ukraine or Japan , how many of them paid with their lives for their willingness to fight a battle in which they were not prepared , and brought relief to others ? We ‘ll never know , it is in the interest of any government or authority to recognize and disclose exactly what kind of things when it comes to nuclear power.

http://www.dailymotion.com/video/xwa2qi

( 4’33 ” Jp st Fr)
However, here is a testimony about the death of a member of the special rescue unit of firefighters, who has not been officially confirmed or reported in the mainstream media. It includes Taro Yamamoto, who had not yet paid policy. Since it also tries to make him pay a high price for the truths he tries to highlight …

http://www.dailymotion.com/video/x17jnda

( 54’40 ” En)

Here is also a PBS documentary “Inside Fukushima ‘s meltdowns ” American chain , unfortunately only in English, which pays tribute to these brave men .

http://video.pbs.org/video/2202847024/

The English transcript is available by following this link .

It seems difficult to conclude this article,
( 3’43 ” Fr)
Yet dedicated workers Fukushima, let alone France . Can we think that France , the situation of nuclear workers is better ? Among us , it is not the mob that provides all-comers intermittent nuclear . And here, not Fukushima , for the moment. But there is much to say on the subject, which deserves a folder alone .
Here are just ” The convicts nuclear ” , a montage made ​​in August 2011 , based on pictures of Vincent Capman . He also worked with men he photographed in central Cattenom and Paluel in 2008 and 2009. He shared their lives, their workdays , their rest periods.

More pics and videos on link http://kna-blog.blogspot.fr/2013/11/full-tyvek-jacket-aux-travailleurs-de.html

One last question:

do you want this for your children too,

December 1, 2013 Posted by | Uncategorized | 2 Comments

A new Pandora? – NUMO visited France, Sweden, Finland and Switzerland for filming a documentary on their HLW disposal programs for introducing international situations

Image source ; http://venitism.blogspot.co.uk/2012/09/cyber-warriors-and-worriers-face.html

http://www.numo.or.jp/en/what/hist022_130703.html

NUMO members and Japanese camera crew visited ANDRA in France, SKB in Sweden, POSIVA in Finland and NAGRA in Switzerland between late May and early June for filming a documentary on their HLW disposal programs for introducing current advanced situations. This documentary film covers photographs of their relevant facilities such as for R&D and PR activities, including interviews with their technical experts and PR representatives, regulators, residents of local communities. This documentary film will be released in March 2014 on the NUMO website.

For more stories about this news:

December 1, 2013 Posted by | Uncategorized | Leave a comment

Whale Expert near Vancouver: In 30 years I’ve never ever seen this kind of behavior, “They must sense this is a safe place to be” — Captain: I’ve never seen anything like it in 50 years on Pacific — “One even placed its head on the boat” (VIDEO)

http://enenews.com/whale-expert-in-30-years-ive-never-ever-seen-this-kind-of-behavior-on-west-coast-captain-ive-never-seen-anything-like-it-in-50-years-working-pacific-they-must-sense-this-is-a-safe-place-to

Published: November 30th, 2013 at 11:14 pm ET
By

Vancouver Sun, Nov. 27, 2013: Michael Harris, executive-director of the Pacific Whale Watch Association […] said he’s been working in Puget Sound and the Strait of Georgia for 30 years and has “never ever seen this kind of behaviour going on. They must sense this is a safe place to be.” […] Wild Whales Vancouver had up to 10 close encounters this season in the southern Strait of Georgia, mainly near Galiano Island […] The whales typically rolled on their backs and sides next to the boat and looked up at the passengers. One even placed its head on the boat while spyhopping, a behaviour in which the whale rises up vertically to look above the water […]

Global News, Nov. 27, 2013: Capt. Jim Maya […] who runs Maya’s Westside Whale Watch Charters, has been working on the waters of the Pacific since 1965 and says he has never seen anything like what they saw that day. […] Maya says he estimates the whale was about 35 to 40 feet long and was an immature female. She hung around the boat for about an hour […] Chad Nordstrom, a researcher with the Cetacean Research Lab at the Vancouver Aquarium, says they have been receiving more and more reports of humpback whale sightings along the B.C. coast, especially in the lower Strait of Georgia.

Vancouver Sun, Nov. 28, 2013: Andrea Hardaker, manager of Wild Whales Vancouver [said] “The passengers loved it. But they don’t know what to expect on the trip. Whatever they see they think is normal. For our guides and the captains, we know it isn’t normal.” […] [Hardaker] believes these are the first such reports in local waters.

See also: CBS News: 100s of whales in bay on California coast; It’s never been like this, we just can’t even believe it — Experts: We just aren’t sure what’s going on; “A once-in-a-lifetime chance… unheard of, it’s unbelievable, nobody’s seen this” (VIDEO)

Watch CTV’s broadcast here

December 1, 2013 Posted by | Uncategorized | Leave a comment

Kennedy’s Nuclear Nightmare – Sunday Flik

http://www.youtube.com/watch?v=plwDAzhKYag

Published on 16 Nov 2013 Screenshot from 2013-12-01 05:00:16

 

The story of the Cuban Missile Crisis – possibly the most dangerous moment in the history of mankind – told in the words of key witnesses from the US, the former USSR and Cuba

(lots of adverts at the start so go make a coffee while they are running through (about 4 mins).. Otherwise a free documentary from the Channel 4 you tube site.. Powerful stuff too! Embedding was disabled for this video but follow the link for your Sunday Film

December 1, 2013 Posted by | Uncategorized | Leave a comment

Fukushima high school permanently closes its doors

December 1, 2013

Jiji Press

http://the-japan-news.com/news/article/0000835400

FUKUSHIMA (Jiji Press)—A private high school near Tokyo Electric Power Co.’s disaster-stricken Fukushima No. 1 nuclear power plant will close its doors permanently at the end of March, it has been learned.

Shoei High School in the city of Minami-Soma will be the first primary, middle or high school in Fukushima Prefecture to be closed due to the nuclear crisis at the plant, according to the prefectural government.

The Fukushima prefectural government has approved the plan to shut the school.

Located 22 kilometers north of the plant, it has gone unused since the nuclear accident in March 2011. Soon after the accident, its neighborhood was designated by the national government as an area that needed to be evacuated.

About 110 students, including those who were to enter the school in April 2011, have since transferred to an affiliated school in the city of Fukushima or schools in locations where they took shelter.

December 1, 2013 Posted by | Uncategorized | 1 Comment

2 Coal-fired power plants to be built in Fukushima and 1 Wind turbine

…However, it is possible that the new power plants are a political project, sponsored and supported by the Prime Minister Shinzo Abe….

Valentin Mândrăşescu
30 November 2013

http://voiceofrussia.com/2013_11_30/Coal-fired-power-plants-to-be-built-in-Fukushima-3349/

Tokyo Electric Power Company (TEPCO) announced its intention to build two advanced coal-fired power plants in Fukushima. Company officials claim that the new power plants will help the region recover after the nuclear disaster.

TEPCO promises that the new construction project will help fight unemployment by creating two thousand jobs and a source of cheap energy. The intended capacity of the power plants is 1000 MW. TEPCO estimates that the project will be finished in seven or eight years.

While Japan really needs cheap electric power, the plans to build two new coal-fired power plans in Fukushima prefecture were met with extreme skepticism. There are several issues with the project presented by the TEPCO CEO Yoshiyuki Ishizaki. One of them is the dire state of the company’s finances.

TEPCO has incurred huge losses after Fukushima disaster and still has a lot to pay in compensations to victims of disaster and for decontamination services. It also has to decommission the remaining units of the Dai-Ichi Nuclear Power Plant and the costs of this operation will be substantial. A clear estimation of TEPCO’s future expenses doesn’t exist yet.

The company has been subjected to “stealth nationalization” by the Japanese government in order to prevent its untimely bankruptcy. It is hard to find economic sense in launching an ambitious investment project when the company is unable to service its debts without external help.

However, it is possible that the new power plants are a political project, sponsored and supported by the Prime Minister Shinzo Abe. Building a better and safer Fukushima power plants or at least promising to finalize such a project can increase Abe’s approval ratings that have suffered in the aftermath of the Fukushima debacle.

So, while TEPCO doesn’t have the expertise and the money required for the project, the Japanese government can provide both or at least ensure that private banks help TEPCO. It doesn’t make economic sense, but political expediency often trumps all other considerations.

Fukushima Floating Offshore Wind Turbine Starts Generating

…The Fukushima project follows similar projects with floating turbines in Norway, Portugal and Nagasaki in southwestern Japan. The Nagasaki project is backed by Japan’s environment ministry….

By Chisaki Watanabe

Nov 11, 2013

http://www.bloomberg.com/news/2013-11-11/fukushima-floating-offshore-wind-turbine-starts-generating-power.html

A development to harness the power of the wind about 20 kilometers (12 miles) off the coast of Fukushima, site of the March 2011 nuclear disaster, began generating power on an operational basis today.

The project, funded by the government and led by Marubeni Corp. (8002), is a symbol of Japan’s ambition to commercialize the unproven technology of floating offshore wind power and its plan to turn quake-ravaged Fukushima into a clean energy hub.

“Fukushima is making a stride toward the future step by step,” Yuhei Sato, governor of Fukushima, said today at a ceremony in Fukushima marking the project’s initiation. “Floating offshore wind is a symbol of such a future.”

Continue reading

December 1, 2013 Posted by | Uncategorized | Leave a comment

Deloitte advises cheaper funding for thermal reactors

BS Reporter  |  Mumbai 

November 30, 2013

Imported (LWRs) will play a key role in India’s nuclear capacity addition. But, due to high capital costs of LWRs and high interest rate regime in the country, the power produced will be expensive.

, in its report on ” in India – A way forward”, says if LWRs are funded with long-duration, cheaper debt, then power tariff becomes comparable to the tariff of power produced from pressurised heavy water reactors (PHWRs), and will be able to compete with fossil fuels. The report was released by Atomic Energy Commission chairman R K Sinha at the Indian Nuclear Energy Summit recently.

Currently, the state-run Nuclear Power Corporation is in the process of acquiring several LWRs with foreign collaborations with unit with capacities ranging between 1,000 Mw and 1,650 Mw.

”The corporation is correctly following a strategy of a combination of indigenous PHWRs and imported LWRs. Given the price sensitivity of electricity market in India, it is important to get right finance for LWRs – both tenure and rate – to get a competitive tariff,” Deloitte said.

According to the report, there will be opportunities in the fuel value chain, including mining, fuel processing, enrichment, reprocessing, waste management and heavy water production. There will be more joint ventures or acquisition by Indian companies to gain expertise in various areas of nuclear supply chain. ”This will help in possible localisation of design and production of equipment for nuclear power plants. This association could possibly be extended to supply conventional equipment to other countries,” Deloitte observed.

Post-Fukushima nuclear accident, there has been a lot of apprehension on safety of nuclear power and the country has seen public resistance at several proposed nuclear power plant sites. Deloitte suggested the apprehensions on nuclear power need to be allayed by familiarising general public on India’s approach to safety standards, its policies and regulations on safety and its spectacular safety record.

December 1, 2013 Posted by | Uncategorized | Leave a comment

The $38 billion nuclear waste fiasco

 

Doing nothing often has a cost — and when it comes to storing the nation’s nuclear waste, the price is $38 billion and rising.

That’s just the low-ball estimate for how much taxpayers will wind up spending because of the government’s decades of dithering about how to handle the radioactive leftovers sitting at dozens of sites in 38 states. The final price will be higher unless the government starts collecting the waste by 2020, which almost nobody who tracks the issue expects.

 

The first $15 billion is what the government spent on a controversial nuclear waste repository at Nevada’s Yucca Mountain until the Obama administration scrapped the project. The other $23 billion is the Energy Department’s estimate of the damages the government will have to pay to nuclear power utilities, which for the past 30 years have paid a fee to DOE on the promise that the feds would begin collecting their waste in 1998.

 

Industry argues that the damages are closer to $50 billion — which raises the bottom line to $65 billion including the money spent on Yucca.

 

The cost of the refunds is little known to the public, but it’s such a huge liability that DOE tracks the figure closely. The government is still fighting the utilities’ claims in court, but utilities have been racking up a string of wins.

 

The costs of inaction don’t just include dollars. The lack of a final resting place for the waste means that each nuclear plant has to stockpile its own. Thousands of tons of waste are stranded at sites around the country, including at plants that have shut down.

 

 

“I’m trying to think of some fancy words but at the end of the day it’s just a massive consumer rip-off,” said Greg White, a regulator on the Michigan Public Service Commission who also heads the nuclear waste panel for the National Association of Regulatory Utility Commissioners. NARUC, which represents state-level regulators, won a legal victory this month when the D.C. Circuit Court of Appeals ordered DOE to stop collecting the fee.

 

Salo Zelermyer, a former George W. Bush-era DOE attorney who works at the law firm Bracewell & Giuliani, says the waste program has “plainly broken down” and that the government had made “no discernable progress towards its commitments.”

Continue reading

December 1, 2013 Posted by | Uncategorized | Leave a comment