IAEA opening new nuclear fuel bank in Kazakhstan
New nuclear fuel bank a welcome development, Japan Times, 25 Aug 15 BY GARETH EVANS “………(on Aug. 27), Kazakhstan is establishing a major new international fuel bank, which it will operate on behalf of the IAEA. The new facility should once and for all remove the main excuse that has been advanced, sincerely or not, for building and maintaining homegrown enrichment capability.
Scheduled to commence operations in 2017, the Kazakh fuel bank will store up to 90 tons of LEU, sufficient to refuel three typical power-producing light water reactors. While Kazakhstan will physically operate the bank, the uranium will be owned and controlled by the IAEA, and made available to non-nuclear-weapon states if, for any reason, they cannot secure the LEU they need from the commercial market.
Provided the state in question is in compliance with its comprehensive non-proliferation safeguards agreement with the IAEA, it can draw the required fuel from the bank and transfer it to a fuel fabricator to make fuel assemblies for the reactors involved…….
The bank has been funded by voluntary contributions, including $50 million from the Nuclear Threat Initiative, a U.S.-based NGO, $49 million from the U.S. government, up to $25 million from the European Union, $10 million each from Kuwait and the United Arab Emirates, and $5 million from Norway…… http://www.japantimes.co.jp/opinion/2015/08/25/commentary/world-commentary/new-nuclear-fuel-bank-a-welcome-development/#.VdzQBSWqpHx
New measures to promote rooftop solar, by President Obama
US President Barack Obama unveils measures to encourage solar power use,SMH, August 25, 2015 GARDINER HARRIS. The Obama administration has announced a slew of small measures designed to encourage the use of solar power in the US hours.
The measures included making an additional $US1 billion ($1.4 billion) in loan guarantee authority available in an existing federal program for the kind of residential rooftop solar projects that have become popular in places like California.
But none of the announced measures would provide the impact on the solar industry of the Clean Power Plan, which was announced this month and requires states to cut carbon emissions by an average of 32 per cent. That plan provides strong incentives for much of those reductions to come from the development of renewable energy resources – exactly what executives at the conference in Nevada are looking to sell.
“We’re going to make it even easier for individual homeowners to put solar panels on their roof with no upfront cost,” President Barack Obama told the summit. “A lot of Americans are going solar and becoming more energy-efficient not because of tree huggers — although trees are important, just want you to know — but because they’re cost-cutters.
With the nation’s new electrical needs growing only modestly, renewable power executives are depending on electric utilities finally retiring their aging coal-fired power plants and replacing them with renewable power sources. That process is happening anyway, but the administration’s power plan is expected to accelerate it……..http://www.smh.com.au/environment/us-president-barack-obama-unveils-measures-to-encourage-solar-power-use-20150825-gj71e8.html#ixzz3jsRuU7g4
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