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European Commission experts call on EU not to label nuclear ‘green’.

Commission experts call on EU not to label nuclear ‘green’,  https://euobserver.com/climate/153891, BWESTER VAN GAAL 22 Dec 21

BRUSSELS, Thirteen members of the EU Commission’s Technical Expert Group (TEG) put out a petition on Tuesday (21 December) calling on nuclear energy not to be labelled as ‘green’.

“We recommend that nuclear fission has no place on the EU taxonomy of sustainable activities,” the group, led by Dawn Slevin, a financial expert and core member of the commission’s financial stability TEG, wrote.

Dealing with the “do no significant harm” principle in the taxonomy, they concluded nuclear may damage the environment due to the need to store it in underground bunkers for thousands of years, and “because the risk of a severe nuclear accident cannot be excluded, even in the best commercially available nuclear power plants.”

They also warn against politicisation of the rules. “Proponents of nuclear energy use the taxonomy to put a ‘scientific’ stamp on what is primarily a political position on nuclear fission energy aiming to satisfy the few EU member states that wish to promote the associated technologies,” the petition states.

France is spearheading an alliance of 10 member states that argue that nuclear fission and gas-fired power plants should be included in the taxonomy.

The TEG members point out that France and Finland are currently the only EU countries actively building nuclear facilities.

The Finnish Olkiluoto-3 was meant to start generating power in 2009, followed by the French Flamanville-3 in 2012.

However, both are still not operational, tripling anticipated costs, the group wrote. The group includes Paolo Masoni, a nuclear engineer, and Eric Laes, a post-doctoral researcher specialising in atomic energy at the Technical University of Eindhoven.

Politicised debate

In recent months, the decision on whether to include nuclear and gas in the taxonomy has become politicised.

Last week, EU internal market commissioner Thierry Breton told five European newspapers, including Die Welt, that “it is a lie that the EU can become CO2-neutral without nuclear power.”

French president Emmanuel Macron said last week that France and Germany will try to find a compromise on whether the EU should label nuclear and gas as green investments.

But on Monday, the German Greens, part of the new ruling coalition, came out strongly against nuclear, reiterating their opposition to the inclusion of nuclear in the taxonomy.

“The German government’s stance is that nuclear power is not one of the sustainable forms of energy [that] remains,” environment minister Steffi Lemke told fellow EU environment ministers in Brussels on Monday.

German climate and economics minister Robert Habeck later echoed his colleague on German radio Deutschlandfunk, saying: “I do not think nuclear power is the right technology.”

However, chancellor Olaf Scholz (SPD) did not make such a clear statement at the last EU summit on Friday – and admitted Germany will probably not be able to stop the French push for nuclear.

“France is taking a different path [than Germany]. Other countries do as well,” he said.

“That is why it’s important that you can follow your paths and at the same time stay together across Europe,” he added.

The commission planned to present its decision on nuclear and gas on Wednesday, but this has been postponed until mid-January next year.

It now plans to consult a draft version of the taxonomy with member states before the end of the year or at the start of January 2022 – a process that will be clarified on Wednesday.

The Sustainable Finance Platform, a group of 57 NGOs, scientific and financial experts will also be consulted.

The commission has faced backlash in the past from some of its members, including one of the signatories of the petition, for allowing gas an nuclear to be considered in what was meant to be a science-led exercise.

December 24, 2021 Posted by | climate change, EUROPE | Leave a comment

Aboriginal ttraditional owners lodge legal challenge to planned South Australian nuclear waste dump.


Traditional owners lodge legal challenge to planned Kimba nuclear waste dump, 
https://www.abc.net.au/news/2021-12-21/barngarla-challenge-kimba-radioactive-waste-facility-napandee/100717404?fbclid=IwAR3QiztQ5454cuTfmjLaBaCb_nK4usDM43TObZV5R
ABC North and West SA / By Declan GoochPatrick Martin, and Gillian Aeria  Tue 21 Dec 2021 raditional owners on South Australia’s Eyre Peninsula have formally lodged a legal challenge to the federal government’s plan to build a nuclear waste dump in the region.

Key points:

  • The Barngarla people have begun legal action against a planned radioactive waste dump
  • The federal government wants to build the facility near Kimba
  • Traditional owners have complained they were not consulted properly

The government wants to store low and intermediate-level waste at a property called Napandee, near the town of Kimba.

The Barngarla people say they were not included in the consultation process, which included a ballot of ratepayers.

“We don’t want it to be at Kimba because we were excluded from the vote under white man’s law,” Barngarla Determination Aboriginal Corporation chairman Jason Bilney said.

The group filed for a judicial review of the site selection process in the Federal Court on Tuesday.

The ballot of Kimba ratepayers, which the government has repeatedly cited as evidence of community support, showed about 60 per cent of voters were in favour of the plan.

“The government says broad community support — well what broad community support did you have, let alone with the native title holders of Kimba or on the Eyre Peninsula?” Mr Bilney said.

The ballot of Kimba ratepayers, which the government has repeatedly cited as evidence of community support, showed about 60 per cent of voters were in favour of the plan.

“The government says broad community support — well what broad community support did you have, let alone with the native title holders of Kimba or on the Eyre Peninsula?” Mr Bilney said.

He said South Australian law required a parliamentary inquiry if nuclear waste was to be brought in and stored.

“We are going to see continual opposition emerge over the next five to 10 years, and this has got a long way to run.”

He expected the court to decide in the Barngarla group’s favour.

“They have a clear and strong case. They were excluded from the community ballot, and they do have native title rights, and it’s essential the Federal Court stands up and protects those rights.” 

The government had initially tried to legislate the location of the facility in a way that would have eliminated the possibility of a judicial review.

It later amended the legislation in response to pressure from Labor so it received the support needed to pass both houses of parliament.

In a statement, resources minister Keith Pitt said the declaration of Kimba as the site for the facility was a “significant step”.

He said his facility was a crucial piece of national infrastructure for Australia’s nuclear medicine industry and nuclear research capabilities. 

December 24, 2021 Posted by | AUSTRALIA, indigenous issues, legal, wastes | Leave a comment

Tanzania seeking information on ‘nuclear waste’ ship detained in Mombasa

Tanzania seeking information on ‘nuclear waste’ ship detained in Mombasa, TUESDAY DECEMBER 21 2021   The Citizen News, East Africa News Additional reporting by Gadiosa Lamtey in Dar es Salaam    https://www.thecitizen.co.tz/tanzania/news/east-africa-news/tanzania-seeking-information-on-nuclear-waste-ship-detained-in-mombasa-3659422 Summary   Kenyan media reported on Monday that MV Piraeus Voy, which as docked at the port of Mombasa, was loaded with harmful nuclear waste that was to have been dumped on the East African coast, endangering the health of millions of people in the region.

Dar es Salaam/Mombasa. The government said yesterday that it was unaware that Kenyan authorities have detained a cargo ship carrying nuclear waste that was reportedly on its way to Tanzania.
“We have not received any information about the ship, but I will get in touch with the relevant authorities for any details on the matter,” the permanent secretary in charge of transport in the Ministry of Works and Transport, Mr Gabriel Migire, told The Citizen when reached for comment, adding that any ship coming to Tanzania was required to fly the country’s flag.

Kenyan media reported yesterday that the ship, which as docked at the port of Mombasa, was loaded with harmful nuclear waste that was to have been dumped on the East African coast, endangering the health of millions of people in the region.

The cargo on board the MV Piraeus Voy was disguised as padlocks and other hardware items, and was detained after Kenya’s Health ministry raised the alarm that it was carrying radioactive material.

Officials investigating the matter said the ship sailed to Kenya from Mumbai, India, and was en route to neighbouring Tanzania.
“This is clearly a means of dumping dangerous substances in East Africa. We have proof that what was declared is just part of the contents, but the radioactive material is also in the ship, and is emitting high radiation,” a source involved in an ongoing investigation said on condition of anonymity as he is not authorised to speak to the media.

Exposure to high levels of radiation from nuclear waste can cause severe health effects such as skin burns and acute radiation syndrome (radiation sickness). It can also result in long-term health effects such as cancer and cardiovascular disease.
A multi-agency team comprising officials drawn from various government agencies at the Mombasa port has differed on how to best handle the cargo, which was reportedly destined for Dar es Salaam Port.

December 24, 2021 Posted by | AFRICA, secrets,lies and civil liberties, wastes | Leave a comment

European Commission facing a backlash from Greta Thunberg and environmentalists over plans to include nuclear and gas in the EU ”green” taxonomy.

The European Commission is facing a backlash from Greta Thunberg and
fellow climate activists over plans to include gas and nuclear energy in a
“green” investment guidebook

. Both energy sources are expected to
feature in the next part of the EU’s “taxonomy for sustainable
activities”, which is expected at the end of the year, following a period
of intense political bargaining between the commission president, Ursula
von der Leyen; the French president, Emmanuel Macron; and Germany’s new
chancellor, Olaf Scholz.

The EU taxonomy is a green classification system
that is intended to guide investors to projects that are in line with
Europe’s goal of net zero emissions by 2050 and better protection of
nature.

 Guardian 21st Dec 2021

https://www.theguardian.com/world/2021/dec/21/eu-in-row-over-inclusion-of-gas-and-nuclear-in-sustainability-guidance

December 24, 2021 Posted by | climate change, EUROPE | Leave a comment

Depleted uranium exports to Russia are not a ”resource” – they are radioactive waste

Our conclusion is that this form of TENORM (technically enhanced naturally occurring radioactive material) should be considered in principle as a waste material, for which full transparency should be assured over its complete chain of management,

DU Exports to Russia – A case of lack of transparency and research Nuclear Transparency Watch By Jan Haverkamp (Greenpeace, WISE) December 21,

From 1996, the uranium enrichment facilities URENCO Almelo (Netherlands) and URENCO Gronau (Germany) regularly sent shipments of depleted uranium (DU) in the form of UF6 (uranium hexafluoride) to TENEX, later TVEL, in Russia, where this was stored in the open air in Seversk in the Krasnoyarsk region. Protests in Europe then halted these transports in 2009. TVEL is since 2007 a subsidiary of the Russian nuclear giant Rosatom. URENCO carries out enrichment for nuclear fuel production from natural uranium to low-enriched uranium for clients all over the world and has facilities in the Netherlands, Germany and the UK.

In 2019 and 2020, these transports were resumed from the enrichment facility of URENCO Gronau and URENCO UK in Capenhurst.

URENCO Almelo currently has a permit for export, but does not use it. Its DU is sent to France for conversion into stable U3O8 (depleted tri-uranium-octo-oxide or uranium oxide), which is returned to the Netherlands and handed over to the waste management organisation COVRA for interim storage in the VOG facility, awaiting final disposal after 2100.

The claim is that the DU is sent to TENEX, later TVEL, for re-enrichment to natural level and reuse of the resulting double depleted uranium (DDU). Rosatom furthermore claims[2] that DDU and DU are used industrially and that the UF6 also delivers fluorine for reuse purposes. It furthermore, describes in detail how it wants to convert its UF6 stockpile into uranium oxide for waste treatment before 2057.

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December 24, 2021 Posted by | depleted uranium, Russia, wastes | Leave a comment

The design fault in the Taishan nuclear reactor could affect other EPR reactors, including Finland’s Olkiluoto station.

 Finnish Nuclear Safety Authority STUK has given its approval to start the
reaction nuclear and low power tests for the EPR OL3 reactor built with a
lot of difficulties by the Areva Siemens consortium in Olkiluoto.

The start took place on Tuesday 21 December 12 years behind the initial project and
with a budget multiplied by 3. The serious malfunctions that affected the
Taishan 1 EPR reactor in China show that this technology is not developed.

Information transmitted to CRIIRAD by a whistleblower indicate that the
nuclear fuel assemblies for the Taishan 1 reactor were severely damaged
during the second irradiation cycle. This situation is probably related to
a fault in design that is reasonably expected to affect other RPEs.

 CRIIRAD 22nd Dec 2021

December 24, 2021 Posted by | Finland, safety | Leave a comment

Australia is racing towards 100 per cent renewables. What does that look like? —

When too much wind and solar is not nearly enough! What does a grid look like when it is nearly 100 per cent powered by renewables? The post Australia is racing towards 100 per cent renewables. What does that look like? appeared first on RenewEconomy.

Australia is racing towards 100 per cent renewables. What does that look like? — RenewEconomy
 The share of wind and solar has nearly quadrupled, and AEMO, whose main
responsibility is to keep the lights on, is modelling a 79 per cent share
of renewables (that’s an average over the year) by 2030 as its most
likely and now central scenario.

Even the mainstream political parties are
keeping up, even if some don’t like to admit it: Labor’s emissions
target (a 43 per cent cut by 2030) proudly assumes an 82 per cent share of
renewables by 2030. The federal Coalition, which demonised Labor’s 50 per
cent renewables target from the 2019 election campaign as “economy
wrecking”, quietly assumes a 69 per cent share in renewables by 2030 in
its emissions modelling. i.e. when too much wind and solar is not nearly
enough.

The biggest reasons for the extraordinary pace of this renewables
transition, and the dramatic change in expectations, are many. Mostly they
fall around the rapid falls in technology costs, and the subsequent embrace
of wind, solar and storage by state governments of both sides of the
political divide, and by corporate demand, keen to have cheaper and greener
power.

The Liberal government in South Australia is heading towards 100 per
cent renewables in the next few years, on its way to 500 per cent
renewables via renewable hydrogen exports, and the Tasmania Liberal
government aims for 200 per cent renewables for the same reason.

 Renew Economy 23rd Dec 2021

 https://reneweconomy.com.au/australia-is-racing-towards-100-per-cent-renewables-what-does-that-look-like/

December 24, 2021 Posted by | AUSTRALIA, renewable | Leave a comment

Slovenia and Croatia: lack of transparency on radioactive waste , on intake of international nuclear waste.

The transformation of RW TCT from the exclusively national facility to an international radioactive waste treatment provider was done without prior consultation with, and approval by the public and municipalities.

More than 3000 citizens signed a petition against capacity increase of the RW TCT and demand a prohibition of foreign radioactive waste treatment in Slovakia.

Slovakia is not legally or morally responsible for foreign radioactive waste

Slovenia and Croatia – radioactive waste, transparency, shared responsibilities, shared problems, Three case studies on radioactive waste, By Nadja Zeleznik – Nuclear Transparency Watch   9 Dec 21, 

These are case studies in a larger report on radioactive waste and transparency, currently under preparation for the Euratom EURAD programme by Nuclear Transparency Watch.
Publication was expected in October 2021.

Slovenia and Croatia share the nuclear power plant Krško (NEK) which was constructed as a joint venture during 1970-ties in the socialist Federal Republic of Yugoslavia as part of the larger nuclear programme on the use of nuclear energy. 

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December 24, 2021 Posted by | EUROPE, wastes | Leave a comment

Swedish environmental groups sound a warning on the government’s plans for a new radioactive waste dump.

On 22 December, the Government decided to approve the extension of the
repository for short-lived radioactive waste in Forsmark (SFR) with a new
repository (SFR 2).

SFR is the current repository for short-lived
radioactive operational waste from the nuclear power plants and is located
under the seabed outside the Forsmark nuclear power plant.

SFR 2 is a new repository for short-lived radioactive waste from the decommissioning of
the Swedish nuclear reactors, and the repository will be built next to the
old one. The government decided to grant permissibility according to the
Environmental Code and a license according to the Nuclear Activities Act.

The decisions can be found in the news story on the MKG Swedish web page
(link below on original)).

The Swedish Society for Nature Conservation, The Swedish
Friends of the Earth and the Swedish NGO Office for Nuclear Waste Review
(MKG) have stated that the government should say no to the new repository.
The organisations recently told the government in an opinion that it has
not been shown that the new repository will be safe enough.

The environment risks being damaged by the repository leaking radioactive particles into
the Öregrundsgrepen outside Forsmark faster than expected, perhaps already
within 50 to 100 years after closure. In addition, there is already a
relatively unexpected and extensive breakdown of the technical repository
barriers in the existing repository.

The organisations believe that the
government should have conditioned the decision on leaving the repository
open under supervision for the 400 to 500 years required for the
radioactive content to have decayed to less dangerous levels.

 MKG 22nd Dec 2021

 https://www.mkg.se/en/the-government-approves-the-expansion-of-sfr-in-forsmark

December 24, 2021 Posted by | environment, Sweden, wastes | Leave a comment

Former Westinghouse CEO Danny Roderick now a government witness in South Carolina nuclear fraud case

Records: Ex-CEO won’t face charges in nuclear fraud case, https://apnews.com/article/business-south-carolina-efd7755944eb9f7adff588cc76313df8      December 22, 2021   The former top executive for the contractor hired to build two South Carolina nuclear reactors that were never finished won’t face criminal charges, new court documents show.

Former Westinghouse CEO Danny Roderick was previously a subject of the federal investigation into the failed multibillion project and is now a government witness, according to the records unsealed last week that were first reported by The Post and Courier.

The documents indicate Roderick could testify against his former employee Jeff Benjamin, a fired Westinghouse vice president who is facing multiple federal felony charges tied to the 2017 debacle that cost ratepayers and investors billions and left nearly 6,000 people jobless.

Westinghouse was the lead contractor in the project to build the reactors at the V.C. Summer site in Fairfield County. South Carolina Electric & Gas Co. parent company SCANA Corp. and state-owned utility company Santee Cooper spent nearly $10 billion on the project before halting construction in 2017 following Westinghouse’s bankruptcy.

In the aftermath, prosecutors have targeted top officials at the companies, saying they lied to investors, regulators and ratepayers as they sought rate hikes, insisting the expensive project was on schedule even as it fell hopelessly behind.

Three executives have already pleaded guilty in the multi-year federal fraud investigation so far. Benjamin, the fourth, has maintained his innocence and could go to trial next year. He could face up to 20 years in prison and a $5,000,000 fine if convicted.

Roderick gave the FBI incriminating information about Benjamin in two interviews earlier this year, prosecutors said in court filings. Roderick said Benjamin lied to him about the project schedule and had created a “culture of fear” with an “unbearable” management style.

The documents outlining Roderick’s cooperation are part an effort by prosecutors to disqualify Roderick’s previous attorney from representing Benjamin.

William Sullivan was representing both men at the same time when prosecutors first tried to get him removed last year, arguing it was a conflict of interest as either defendant might turn on the other. Roderick eventually obtained a new lawyer before sitting down with investigators.

Prosecutors still want Sullivan disqualified from the case, noting that Sullivan “cannot properly expect to cross-examine his own former client in defense of his current one,” they wrote.

Sullivan has produced documents showing that both Roderick and Benjamin have approved the arrangement.

Roderick “has explicitly acknowledged that he is unaware of any criminal culpability of Mr. Benjamin,” Sullivan wrote in an emailed statement to The Post and Courier.

Roderick’s new attorney, Whit Ellerman, declined to comment to the newspaper.

The nuclear project failure also spurred multiple lawsuits and a probe by state lawmakers.

December 24, 2021 Posted by | Legal, secrets,lies and civil liberties, USA | Leave a comment

U.S. can get to 100% clean energy with wind, water, solar and zero nuclear, Stanford professor says

U.S. can get to 100% clean energy with wind, water, solar and zero nuclear, Stanford professor says, CNBC DEC 21 2021 Catherine Clifford, @IN/CATCLIFFORD

   KEY POINTS

  • Stanford professor Mark Jacobson sees a way for the U.S. to meet its energy demands by 2050 with 100% wind, water and solar.
  • His models use no fossil fuels, carbon capture, direct air capture, bioenergy, blue hydrogen or nuclear power.
  • Jacobson’s roadmap is different from many clean-energy proposals, which advocate using all technologies possible.

A prominent Stanford University professor has outlined a roadmap for the United States to meet its total energy needs using 100% wind, water and solar by 2050.

Mark Jacobson, a Stanford professor of civil and environmental engineering and the director of its Atmosphere/Energy Program, has been promoting the idea of all renewable energy as the best way forward for more than a decade. His latest calculations toward this ambitious goal were recently published in the scientific journal Renewable Energy.

Transitioning to a clean-energy grid should happen by 2035, the study advises, with at least 80% of that adjustment completed by 2030. For the purposes of Jacobson’s study, his team factored in presumed population growth and efficiency improvements in energy to envision what that would look like in 2050.

Jacobson first published a roadmap of renewable energy for all 50 states in 2015.This recent update of that 2015 work has a couple of notable improvements.First, Jacobson and his colleagues had access to more granular data for how much heat will be needed in buildings in every state for the coming two years in 30-second increments. “Before we didn’t have that type of data available,” Jacobson told

Also, the updated data makes use of battery storage while the first set of calculations he did relied on adding turbines to hydropower plants to meet peak demand, an assumption that turned out to be impractical and without political support for that technology, Jacobson said.

Reliability of four-hour batteries

In the analysis, Jacobson and his team used battery-storage technology to compensate for the inherent intermittency of solar and wind power generation — those times when the sun doesn’t shine and the wind doesn’t blow.

The Achilles’ heel of a completely renewable grid, many argue, is that it is not stable enough to be reliable. Blackouts have become a particular concern, notably in Texas this year and during the summer of 2020 in California.That’s where four-hour batteries come in as a way to generate grid stability. “I discovered this all just because I have batteries in my own home,” Jacobson told CNBC. “And I figured, oh, my God, this is so basic. So obvious. I can’t believe nobody has figured this out.”

Jacobson said that he observed his batteries stayed charged if they weren’t plugged in when they are off.

o get more than four hours of charge, multiple four-hour batteries can be stacked to discharge sequentially. If a battery needs more charge output at one time than the battery can provide, then the batteries need to be used simultaneously, Jacobson told CNBC.

With this observation, Jacobson and his colleagues at Stanford produced scenarios showing it is possible to transition to a fully renewable system without any blackouts or batteries with ultra-long-duration battery technology.

That’s key because technology for ultra-long-duration batteries that would hold energy for several days have yet to be commercialized. Start-ups like Form Energy are working to bring such batteries to market.

Planning, of course, is also key to keeping the grid stable. “Wind is variable, solar is variable,” Jacobson said. “But it turns out, first of all, when you interconnect wind and solar over large areas, which is currently done, you smooth out the supply quite a bit. So it’s because, you know, when the wind is not blowing in one place, it’s usually blowing somewhere else. So over a large region, you have a smoother supply of energy.”

Similarly, wind and solar power are complimentary. And hydropower “is perfect backup, because you can turn it on and off instantaneously,” he said.

Also, there needs to be changes in pricing structures to motivate customers to do high energy demand activities at off-peak times.“Demand response is a very big component of keeping the grid stable,” Jacobson said. “It’s used some today. But a lot of places a lot of states in the US right now, the electricity price is constant all day … and that’s a problem.”

Calculating the breakdowns………………..

The resulting models use no fossil fuels, carbon capture, direct air capture, bioenergy, blue hydrogen or nuclear power.And in that, Jacobson’s roadmaps are different from many clean-energy proposals, which advocate for using all technologies possible.

“So we’re trying to eliminate air pollution and global warming, and provide energy security. So those are the three purposes of our studies,” Jacobson told CNBC. And that “is a little different than a lot of studies that only focus on greenhouse gases. So we’re trying to eliminate air pollution as well, and also provides energy security.”………..

Combating fears of blackoutsJacobson knows that his viewpoint is not the loudest. The promise of next-generation nuclear power plants, for example, has gotten government and private funding of late.Nuclear innovation is “pushed mostly by the industry people, people like Bill Gates, who has a huge investment in small modular reactors,” Jacobson said. “He has a financial interest. And he wants to be known as somebody who tries to help solve the problem.”

Gates addressed the criticism that he’s a “technocrat” looking to solve climate change with new innovations, instead of with political legislation supporting technology like wind and solar which already exists, in an interview with Anderson Cooper on CBS’ “60 Minutes” earlier in the year. “I wish all this funding of these companies wasn’t necessary at all. Without innovation, we will not solve climate change. We won’t even come close,” Gates said.Also, the timeline for getting some of these technologies to commercialization is too long to be useful. Gates’ advanced reactor company, TerraPower, announced in November that it has chosen the frontier-era coal town Kemmerer, Wyoming, as the preferred location for its first demonstration reactor, which it aims to build by 2028.

“Even if it’s seven years, that’s just a demonstration plant,” Jacobson said. “That’s not even close to a commercial plant and on the scale we need.”……………

Education is a key hurdle, as Jacobson sees it. “I am optimistic. But the thing I find that’s the biggest difficulty is the fact that it is an information issue, because most people are not aware, most people are not aware of what’s possible,” he said. https://www.cnbc.com/2021/12/21/us-can-get-to-100percent-clean-energy-without-nuclear-power-stanford-professor-says.html?utm_term=Autofeed&utm_medium=Social&utm_content=Main&utm_source=Twitter#Echobox=1640127800

December 24, 2021 Posted by | renewable, USA | Leave a comment

ROLLS ROYCE FALLS 3% ON QATARI INVESTMENT IN SMALL NUCLEAR BUSINESS

  https://www.asktraders.com/analysis/rolls-royce-falls-3-on-qatari-investment-in-small-nuclear-business/ 22 Dec 21,

  • Rolls Royce Holding PLC (LON: RR) has fallen 3% on news of the Qatari investment into the small nuclear reactor business
  • It may well not be the investment itself that is the catalyst for the price change but Omicron
  • The £85 million Qatar investment isn’t really a material number for Rolls Royce, even as it’s a vote of confidence in the programme.

Rolls Royce shares have continued their recent decline even as the news comes through of a Qatari investment in the small nuclear reactor programme. This could be seen as a surprise – investment in such a programme is likely to be a good deal for Rolls Royce after all. On the other hand, £85 million, the size of the investment, isn’t a large number compared to Rolls Royce – it’s not, as they say, a material number.

The likelihood is therefore that it is wider events driving the Rolls Royce share price, Omicron continues to rage around the world, air travel becomes increasingly restricted and so on. It’s worth pointing out that the RR incomes do not depend, particularly, on actually selling engines to people. There are fees involved in that, most certainly, but there’s an element of selling razors in how the business work. Once you’ve sold someone a razor then you’ve a capitve market for razor blades. Once you’ve got an engine in an aircraft then there’s a decades-long maintenance and repair income flow. That Rolls Royce income stream though depends upon hours in the air – exactly the thing being depressed by Omicron.   

Rolls Royce shares have continued their recent decline even as the news comes through of a Qatari investment in the small nuclear reactor programme. This could be seen as a surprise – investment in such a programme is likely to be a good deal for Rolls Royce after all. On the other hand, £85 million, the size of the investment, isn’t a large number compared to Rolls Royce – it’s not, as they say, a material number.

The likelihood is therefore that it is wider events driving the Rolls Royce share price, Omicron continues to rage around the world, air travel becomes increasingly restricted and so on. It’s worth pointing out that the RR incomes do not depend, particularly, on actually selling engines to people. There are fees involved in that, most certainly, but there’s an element of selling razors in how the business work. Once you’ve sold someone a razor then you’ve a capitve market for razor blades. Once you’ve got an engine in an aircraft then there’s a decades-long maintenance and repair income flow. That Rolls Royce income stream though depends upon hours in the air – exactly the thing being depressed by Omicron.  https://www.asktraders.com/analysis/rolls-royce-falls-3-on-qatari-investment-in-small-nuclear-business/

December 24, 2021 Posted by | business and costs, Small Modular Nuclear Reactors, UK | Leave a comment

Inept cover-up of faulty nuclear work – Nuclear Regulatory Commission gives no penalty


Edwin Lyman @NucSafetyUCS
1d

This one has to be read to be believed. An @NRCgov investigation has found that two former technicians at the Grand Gulf #nuclear plant in #Mississippi installed an incorrectly manufactured gasket on an important valve–and then staged an inept cover-up.

NRC INVESTIGATION REPORT 4-2019-021 – DATED DECEMBER 15, 2021 RidsOpaMail Resource; RidsOgcMailCenter R

Mr. Maurice Omaits [NOTE: HOME ADDRESS DELETED UNDER 10 CFR 2.390] SUBJECT: NOTICE OF VIOLATION, NRC INVESTIGATION REPORT 4-2019-021 Dear Mr. Omaits: This letter refers to the investigation completed on September 14, 2020, by the U.S. Nuclear Regulatory Commission (NRC) Office of Investigations at the Grand Gulf Nuclear Station. The investigation was conducted, in part, to determine whether you, a senior engineering training instructor employed by Entergy Operations, Inc. (licensee) at the Grand Gulf Nuclear Station, willfully compromised an engineering support qualification exam by providing additional information to students in the form of diagrams and verbal cues.A factual summary of the investigation, as it pertains to your actions, was issued as an enclosure to our letter dated February 24, 2021, Agencywide Documents Access and Management System (ADAMS) Accession No. ML21055A000.


In the letter transmitting the factual summary of the Office of Investigations report, we provided you with the opportunity to address the apparent violation identified in the letter by attending a predecisional enforcement conference, participating in an alternative dispute resolution mediation session, or providing a written response before we made our final enforcement decision. Your attorney indicated to an NRC enforcement representative that you do not intend to provide additional information regarding this matter. Since you have not requested a predecisional enforcement conference nor replied in writing, the NRC is proceeding with its enforcement action based on the results of the investigation. 

Based on the information developed during the investigation, the NRC concluded that a deliberate violation of NRC requirements occurred. The violation is cited in Enclosure 1, “Notice of Violation” (Notice). The Notice states that you deliberately violated a licensee quality-related procedure when, as an exam proctor, you provided inappropriate assistance to students in the form of verbal and nonverbal cues regarding their selection of exam answers. 


Your deliberate actions placed the licensee in violation of Title 10 of the Code of Federal Regulations (10 CFR) 50.120, “Training and qualification of nuclear power plant personnel,” and you in violation of 10 CFR 50.5, “Deliberate misconduct.” Enclosure 2 includes a copy of the letter and Notice issued to the licensee. Given the significance of the underlying issue and the deliberate nature of your actions, your violation has been categorized in accordance with the NRC Enforcement Policy at Severity Level Ill. The NRC Enforcement Policy is included on the NRC’s website at http://www.nrc.gov/about-nrc/regulatory/enforcement/enforce-pol.html. You should be aware that if you are involved in NRC licensed activities in the future, additional deliberate violations could result in more significant enforcement action or referral to the U.S. Department of Justice for potential criminal prosecution………………   Scott A. MorrisRegional Administrator 15 Dec 21
https://www.nrc.gov/docs/ML2134/ML21349B336.pdf

December 24, 2021 Posted by | incidents, USA | Leave a comment

 Tricastin nuclear power station: a radioactive leak in groundwater

Tricastin nuclear power station: a radioactive leak in groundwater. EDF
revealed, this Tuesday, December 21, that a tritium leak had been detected
in the Tricastin nuclear power plant.

 Le Dauphine 21st Dec 2021

https://www.ledauphine.com/environnement/2021/12/21/centrale-nucleaire-du-tricastin-une-fuite-radioactive-dans-les-eaux-souterraines

December 24, 2021 Posted by | France, incidents | Leave a comment

Iran Diplomat Condemns West’s ‘Psychological Warfare’ in Nuclear Deadlock


Iran Diplomat Condemns West’s ‘Psychological Warfare’ in Nuclear Deadlock, NewsWeek
BY DAVID BRENNAN ON 12/23/21
  An Iranian official has fired more barbs at the Western signatories of the Joint Comprehensive Plan of Action (JCPOA) nuclear deal, ahead of the resumption of talks to revive the accord in Vienna next week.

Iran’s ambassador to the U.K., Mohsen Baharvand, is the latest Iranian diplomat to criticize the conduct of the U.S., France, Germany and the U.K. in the ongoing negotiations, which after seven rounds of talks have failed to break the deadlock.

Both European and American representatives are warning that the window to make a deal is closing. In the absence of a diplomatic solution, some reports have suggested that the U.S.—with Israeli backing—will consider military action to slow Iran’s nuclear program.

“When we do not negotiate with them, they use all their tools and hypocritically pretend to be in favor of dialogue and engagement,” Baharvand wrote on his Instagram account, as reported by Iran’s Mehr News Agency.

“However when Iran agrees to sit at the table, the Western side makes excessive demands contrary to their previous statements. They do not give the other side any rights and adopt an aggressive stance so that any negotiator with any political background regrets the constructive and positive attitude…………….

Iran and its European and American partners have blamed one another for the failure of the recent rounds of talks, both sides suggesting the other is making unrealistic demands designed to be rejected…………..

Tensions are high as representatives prepare for the next round of Vienna talks on Monday.

From Iran, Abolfazl Amouei—the spokesperson for the Iranian Parliament’s National Security and Foreign Policy Committee—said on Friday that Western negotiators should “stop stubbornness and accept Iran’s proposals for removal of sanctions.” https://www.newsweek.com/iran-diplomat-condemns-west-psychological-warfare-nuclear-deadlock-jcpoa-vienna-1662569

December 24, 2021 Posted by | Iran, politics international | Leave a comment