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Japan OKs plan to release Fukushima nuclear plant wastewater

Japan’s nuclear regulator has approved plans by the operator of the wrecked Fukushima nuclear plant to release its treated radioactive wastewater into the sea next year, saying the outlined methods are safe and risks to the environment minimal

By Mari Yamaguchi Associated Press, May 18, 2022

……….   There is still concern in the community and neighboring countries about the potential health hazards of the release of the wastewater that includes tritium — a byproduct of nuclear power production and a possible carcinogen at high levels.

The government and TEPCO say more than 60 isotopes selected for treatment can be lowered to meet safety standards, except for tritium, but that it is safe if diluted. Scientists say impact of long term low-dose exposure to the environment and humans are unknown, and that tritium can have a bigger impact on humans when consumed in fish than in water.

,,,,,,,,,, Under the plan, TEPCO will transport water that has been treated to below releasable levels through a pipeline from the tanks to a coastal facility, where the water is diluted with seawater.

From there, the water will enter an undersea tunnel to be discharged at a point about 1 kilometer (0.6 mile) from the plant to ensure safety and minimize the impact on local fishing and the environment, according to TEPCO.

The plan will become official after a 30-day public review, a formality that is not expected to overturn the approval.

………..The contaminated water is being stored in about 1,000 tanks at the damaged plant, which officials say must be removed so that facilities can be built for its decommissioning. The tanks are expected to reach their capacity of 1.37 million tons next year — slower than an earlier estimate of later this year………..   https://abcnews.go.com/Technology/wireStory/japan-oks-plan-release-fukushima-nuclear-plant-wastewater-84800836

May 19, 2022 Posted by | Fukushima continuing, wastes | Leave a comment

U.S. extends application deadline for nuclear power rescue program

WASHINGTON, May 18 (Reuters) – The U.S. Department of Energy said on Wednesday it has extended a deadline by 47 days, to July 5 for nuclear power plants to apply for federal funding to keep them running.

The first stage of the program is aimed at saving two plants, one in California and one in Michigan.

……. The DOE statement came two days after two industry trade groups, Edison Electric Institute and Nuclear Energy Institute, sent a letter to Energy Secretary Jennifer Granholm requesting the extension on behalf of their members.

Under the plan, called theCivilian Nuclear Credit (CNC) program, owners of nuclear reactors that are scheduled to retire would get priority for the first portion of $6 billion in available funding. CNC funding comes from last year’s bipartisan infrastructure law.

Entergy Corp’s (ETR.N) Palisades plant in Michigan, which may be eligible for the funding, is due to shut down on May 31.

Entergy said in an email it was committed to shutting the plant after its Chief Executive Leo Denault said in an earnings call in April that there are “significant technical and commercial hurdles to changing course at this point.”

………. The Diablo Canyon facility in California, owned by PG&E Corp (PCG.N), is scheduled to fully shut in 2025. A company spokesperson said on Tuesday the utility had not yet decided whether to apply for the funds. https://www.reuters.com/business/energy/us-extends-application-deadline-nuclear-power-rescue-program-2022-05-18/

May 19, 2022 Posted by | politics, USA | Leave a comment

Peter Becker, sacked from South Africa’s National Nuclear Regulator Board, won’t go down without a fight

 Daily Maverick  By Sasha Planting, 18 May 22, Minerals and Energy Minister Gwede Mantashe drew a line in the sand recently when he said he would not countenance dissent from board members at the National Nuclear Regulator. ‘If you resist nuclear and you [are] a board member, I fire you, simple. You can’t be [on] a board of something you’re not advocating for.’ His comments, reported by News24, are relevant for many reasons, chief among which is a legal challenge to his dismissal of community representative board member Peter Becker……………………………. https://www.dailymaverick.co.za/article/2022-05-18-peter-becker-sacked-from-the-national-nuclear-regulator-board-wont-go-down-without-a-fight/

May 19, 2022 Posted by | Legal, South Africa | Leave a comment

Don’t hold your breath waiting for NuScam’s small nuclear reactors to be profitable

As for valuation, the company is being valued on significant growth occurring in the potentially far distant future, so prospective investors would essentially be betting on the company’s ability to sell operating units at scale and profitably…and to do so in the coming near-to-medium term rather than the 2030s or beyond.

Spring Valley Completes NuScale Merger, But Growth Timing Is Unknown,  Donovan JonesMarketplace, Author of IPO Edge.  May 18, 2022 A Quick Take On NuScale.

Spring Valley Acquisition Corp. (NYSE:SMRhas announced the closing of its initial business combination with NuScale Power for an estimated enterprise value of approximately $1.9 billion.

NuScale has developed proprietary nuclear small modular reactors for utilities and industrial customers.

It is likely that NuScale will require significant time to generate material revenue growth and even longer for profits

…………….  Business Combination Terms

The Spring Valley Acquisition SPAC originally raised $230 million in gross proceeds in its IPO in late 2020, selling a total of 23 million units including underwriter allotments.

The previously announced transaction included a PIPE (Private Investment in Public Equity) which rose to $235 million from Samsung C&T, DS Private Equity, Segra Capital Management and Spring Valley’s sponsor Pearl Energy.

The deal will provide NuScale with gross proceeds of up to $413 million to pursue its commercialization initiatives and growth plans.

Major NuScale investor Fluor Corporation will retain approximately 60% ownership of NuScale, with other legacy shareholders retaining approximately 20.4%, the Spring Valley SPAC public shareholders having 6.5%, the Spring Valley Acquisition Sponsor retaining 2.4% and PIPE investors purchasing 10.7% of the outstanding NuScale stock.

……………….  As for valuation, the company is being valued on significant growth occurring in the potentially far distant future, so prospective investors would essentially be betting on the company’s ability to sell operating units at scale and profitably…and to do so in the coming near-to-medium term rather than the 2030s or beyond.

……………..  In any event, it is likely that NuScale will require significant time to generate material revenue growth and even longer for profits, so I’m on Hold over the near term for SMR.  https://seekingalpha.com/article/4512948-spring-valley-completes-nuscale-merger-but-growth-timing-is-unknown

May 19, 2022 Posted by | business and costs, Small Modular Nuclear Reactors, USA | Leave a comment

Back to square one for $28B nuclear management contract.

 By Nick Wakeman,  WashingtonTechnology, Editor-in-chief    MAY 17, 2022

The National Nuclear Security Administration is taking current global events into account as it develops new solicitations. 
It’s back to the drawing board for the National Nuclear Security Administration and its $28 billion contract to manage two facilities that process nuclear weapons and other weapons of mass destruction.

That huge contract attracted mega-teams including such notable market players as Booz Allen Hamilton, Leidos, Amentum and Fluor.

Fluor and Amentum are the main partners in joint venture Nuclear Production One LLC. That team also known as NPOne unseated the incumbent Consolidated Nuclear Security LLC, another joint venture.

Consolidated Nuclear Security’s key members include Bechtel National, Leidos, Northrop Grumman and SOC LLC. Booz Allen is involved also as a subcontractor.

After losing the contract in late November, CNS went to the Government Accountability Office with a protest that claimed the winner had an organizational conflict-of-interest and NNSA improperly evaluated the bids.

In December, the National Nuclear Security Administration said it would review the award decision. NNSA is part of the Energy Department.

With that review done, NNSA decided this week to scrap the whole thing and split the contract into two separate acquisitions. One will be for the Pantex Plant near Amarillo, Texas; and the second for the Y-12 National Security Complex in Oak Ridge, Tennessee.

Each facility will now have its own presumably multibillion-dollar contract for management and operations services.

NNSA said it was splitting the contract because each facility has increased workloads. A “challenging geopolitical environment” was another reason cited………..

NNSA has now begun the process of developing two new solicitations. The NPOne and CNS teams will presumably continue to pursue the contracts.

But they are likely now armed with much more information on each other’s bids and approaches to the work, given what they’ve learned through debriefings and the protests.

NNSA’s restart also opens the opportunity to bring on new teammates as they push to differentiate themselves.

In the meantime, the current contract with Consolidated Nuclear Security will be extended.

GovTribe data shows that contract has netted $32 billion in spending since it was awarded in 2013.  https://washingtontechnology.com/contracts/2022/05/back-square-one-28b-nuclear-management-contract/367044/

May 19, 2022 Posted by | business and costs, USA | Leave a comment

1.2 billion people threatened by escalating heat due to climate change

 Rolling out cooling technologies to the 1.2 billion people most at risk
from extreme heat incidents should be a global priority, according to the
global Sustainable Energy for All (SEforALL) campaign.

In a new report, titled Chilling Prospects, SEforALL reveals the escalating threat
communities are facing from extreme heatwaves and warns that the world is
entering a decisive decade when sustainable cooling solutions must be
deployed at pace if increasingly common heatwaves are not to have
catastrophic and deadly consequences.

The report assesses 76 countries with
cooling access challenges and found that, globally, 1.2 billion people do
not have adequate access to cooling, threatening their ability to survive
extreme heat, store nutritious food, or secure access to safe vaccines.

 Business Green 17th May 2022

https://www.businessgreen.com/news/4049761/extreme-heat-emergency-billion-people-facing-heat-risks-improved-access-cooling

May 19, 2022 Posted by | 2 WORLD, climate change, health | 1 Comment

Climate change makes record-breaking heatwaves in northwest India and Pakistan 100 times more likely

Climate change makes record-breaking heatwaves in northwest India and
Pakistan 100 times more likely, a Met Office study finds. The region should
now expect a heatwave that exceeds the record temperatures seen in 2010
once every three years.

Without climate change, such extreme temperatures
would occur only once every 312 years, the Met Office says. The report
comes as forecasters say temperatures in north-west India could reach new
highs in the coming days. The extreme pre-monsoon heatwave the region has
suffered in recent weeks eased a little after peak temperatures reached 51C
in Pakistan on Saturday.

But the heat looks likely to build again towards
the end of this week and into the weekend, the Met Office’s Global Guidance
Unit warns. It says maximum temperatures are likely to reach 50C in some
spots, with continued very high overnight temperatures.

 BBC 18th May 2022

https://www.bbc.co.uk/news/science-environment-61484697

May 19, 2022 Posted by | climate change, India, Pakistan | Leave a comment

COP26: No countries have delivered on promise to improve climate plans.

COP26: No countries have delivered on promise to improve climate plans. In
Glasgow, 196 countries promised to “revisit and strengthen” their plans for
curbing emissions, but there is little sign of this happening before the
next talks in November.

Sebastian Mernild’s presentation pulled no
punches. As more than 40 countries met in Copenhagen last week to discuss
progress since 2021’s COP26 climate summit, the University of Southern
Denmark glaciologist greeted ministers with jagged red lines showing rising
global temperatures. He reminded them that emissions are still growing.

And he told them their goal of holding temperature rises to 1.5°C needs
nothing less than “rapid, deep and sustained” emissions cuts. “They
all know what we are facing scientifically regarding 1.5°C,” says
Mernild. Whether they are acting on that knowledge is another question.


Half a year on from a deal at COP26 in Glasgow, it is far from clear if
countries are delivering on the commitments they made. COP26 president Alok
Sharma said today that failure by world leaders to deliver on their pledges
would be a “monstrous act of self-harm”. Speaking in Glasgow, he said
he could understand why action to cut emissions had been pushed out of the
spotlight by the war in Ukraine and the cost-of-living crisis, but reminded
his audience that “climate change is a chronic danger” the world
couldn’t ignore.

 New Scientist 16th May 2022

https://www.newscientist.com/article/2320379-cop26-no-countries-have-delivered-on-promise-to-improve-climate-plans/

May 19, 2022 Posted by | 2 WORLD, climate change | Leave a comment

EU hits fast forward on renewables, including “massive deployment” of solar

Spurred by Russia’s invasion of Ukraine, European Commission unveils massive scaling-up and speeding-up of renewable energy, with solar as the “kingpin.” The post EU hits fast forward on renewables, including “massive deployment” of solar appeared first on RenewEconomy.

EU hits fast forward on renewables, including “massive deployment” of solar — RenewEconomy

May 19, 2022 Posted by | EUROPE, renewable | Leave a comment

U.S., allies may be planning Ukraine proxy war model for Myanmar — Anti-bellum

ReutersMay 17, 2022 Myanmar resistance urges West to provide arms for fight against junta The defence chief of Myanmar’s shadow government has called for international help to arm its resistance forces fighting the ruling military, requesting support similar to that being given to Ukrainians battling invading Russian troops. The people of Ukraine and Myanmar’s anti-government] […]

U.S., allies may be planning Ukraine proxy war model for Myanmar — Anti-bellum

May 19, 2022 Posted by | politics international, USA, weapons and war | Leave a comment

Borrell: EU defense chiefs to approve another half billion Euros to arm Ukraine — Anti-bellum

Interfax-UkraineMay 17, 2022 EU defense ministers to approve another EUR 500 mln for arming Ukraine – Borrell The Council of Ministers of Defense of the European Union at a meeting of the Council for Foreign Affairs, which is taking place on Tuesday in Brussels, will approve a proposal to allocate another EUR 500 million to […]

Borrell: EU defense chiefs to approve another half billion Euros to arm Ukraine — Anti-bellum

May 19, 2022 Posted by | EUROPE, politics international, weapons and war | Leave a comment