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The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Will the UK government sacrifice the beautiful Suffolk coast in its misguided, uneconomic, Sizewell nuclear power push?

East Anglian Daily Times 8th Oct 2020, As councils lose patience with EDF, will Suffolk businesses follow suit?
Today East Suffolk lies at a crossroads – the future of the east of the county now seems certain to rest in the hands of London-based civil servants and ministers – and to be honest I don’t know which way they will jump when push comes to shove. The deadline has now passed for councils, businesses, and residents to have their say on whether a two new nuclear reactors should be built on the Suffolk coast at Eastbridge, north of the existing stations at Sizewell.
Logic says they should be turned down. They would be uneconomic (EDF has had the devil’s own job in putting together a business case and there is still the question over whether Chinese money would be needed – even though we don’t want them in our mobile phone network), the plans proposed would destroy a lot ofcountryside, and there is now no need for such a damaging blot on the
landscape. But I do worry that there are some in government who do not understand the value of this area to the country as a whole who will be prepared to look on Sizewell C as a shiny investment to try to kick-start the UK economy after the pandemic and in a world no longer governed by EU rules, will pour in government subsidies to make up for the loss of Chinese money.

https://www.eadt.co.uk/ea-life/last-chance-to-stop-sizewell-c-1-6871419?s=09

BBC 8th Oct 2020, Campaigners against a new nuclear power station say they are “resolute”
after their bid to protect woodland was thrown out by the High Court. EDF
Energy, which wants to build two new reactors next to Sizewell B in
Suffolk, was given approval in 2019 to fell Coronation Wood on the site.
Together Against Sizewell C (Tasc) sought a judicial review, claiming that
decision was unlawful.

https://www.bbc.co.uk/news/uk-england-suffolk-54465228

October 10, 2020 Posted by | business and costs, environment, politics, UK | Leave a comment

USA trying to beat China, in marketing nuclear reactors to Romania

Romania, U.S. to sign cooperation agreements over nuclear reactors, By Reuters Staff, 9 Oct 20, BUCHAREST (Reuters) – Romania’s economy ministry will sign cooperation and financing agreements with the United States

on Friday regarding the construction of two nuclear reactors at its plant on the river Danube, U.S. ambassador Adrian Zuckerman
said on Thursday………
“The financing package is the largest financing package ever received by Romania to date,.
China’s CGN filed a non-binding bid to partner with Romania in the project in 2014, but the negotiations, which included price guarantees, had progressed only very slowly. ……..

October 10, 2020 Posted by | EUROPE, marketing, USA | Leave a comment

The very costly effort of trying to resuscitate the dying nuclear industry

Nuclear Energy — The High Cost Of A Dying Industry, Clean Technica, October 6th, 2020 by Johnna Crider 

Nuclear energy has had a seriously rough year. In an article by OilPrice.com, the author asked a question: “Why is nuclear energy so expensive?” One answer, besides the obvious 2020 curse that was activated when Egyptian authorities opened up 30 ancient wooden coffins in 2019, is that other sources have just gotten much cheaper while nuclear hasn’t……….

As we know, in 2020, the coronavirus pandemic shut down US energy demand, and this added nuclear energy to a long list of energy industries that are begging for taxpayer money — well, in the case of nuclear, even more taxpayer money. And the Trump administration came through for this dying and expensive industry. Back in June, the Department of Energy announced that it would award more than $65 million in nuclear energy research. This would cross-cut technology development, facility access, and infrastructure awards.

PowerTechnology reported that these awards would be for these departments’ nuclear energy programs:

  • The Nuclear Energy University Programme
  • Nuclear Energy Enabling Technologies
  • Nuclear Science User Facilities.

That $65 million will also be poured into 93 advanced nuclear technology projects in 28 states. And the Office of Nuclear Energy, which is part of the US Department of Energy (DOE), has spent more than $800 million on research since 2009. OilPrice noted that the $65 million would probably be “too little, too late for domestic nuclear energy.” CleanTechnica‘s perspective is that nuclear has been long dead and we’re just waiting for the green leaves of the tree (existing power plans) to turn brown (close down). New nuclear is financially hopeless, many times more expensive than renewable energy options even with energy storage costs included.

Global State Of Nuclear Energy

At the end of last month, the World Nuclear Industry Status Report (WNISR2020) was published and assessed major challenges that nuclear power is facing today. The news isn’t pretty. Mycle Schneider, who coordinated the report, explained that nuclear energy is irrelevant in today’s market. “Nuclear energy has become irrelevant in the electricity generating technology market.”

Antony Froggat, who co-authored the report and is a Senior Research Fellow at Chatham House in London, said, “At the same time, COVID-19 puts additional stress on the sector. In economic terms, renewables continue to pull away from nuclear power, over the past decade the cost estimates for utility-scale solar dropped by 89 percent, wind by 70 percent, while nuclear increased by 26 percent.”

The report shows just how hard the pandemic impacted nuclear energy and also pointed out that this was the first pandemic of this scale in the history of nuclear power. In the US, operators were granted permission to impose extremely long work hours. Some were working 16 hours a day and 86 hours a week. (That was my old shift at Goodwill last year and typically the shift of many who work minimum wage jobs — often more than one if they hold part-time positions. It’s not fun.)

Also in the US, force-on-force exercises were suspended. These are simulated terrorist attacks on nuclear power plants that use a mock adversary force to replicate design basis threat characteristics during an attack. These are supposed to help assess and improve readiness in case of an actual terrorist attack on a nuclear reactor.

In Russia and Sweden, control room staff were made to isolate in housing that was located onsite. They lived at their jobs. In Russia, one national operation reported weekly on infections among the nuclear staff. In July, there were a total of 4,500 cases.

Technology Costs

The report compared the costs of solar, onshore wind, and nuclear. The report looked at analyses for the US conducted by Lazard at the end of 2019, which advises on financial matters while managing investment portfolios. This is what they found out in a nutshell:

  • Solar PV (crystalline, utility-scale) averaged $40/MWh, compared to $65/MWh in 2015.
  • Onshore wind was $41/MWh, compared to $55/MWh in 2015.
  • Nuclear is $155/MWh, compared to $117/MWh in 2015.

The report points out that over the past 5 years, the annual Levelized Cost of Energy (LCOE) for nuclear has risen by over 50%. In stark contrast, renewables have become the most inexpensive of any type of power generation. “What is remarkable about these trends is that the costs of renewables continue to fall due to incremental manufacturing and installation improvements, while nuclear, despite over half a century of industrial experience, continue to see costs rising. Nuclear power is now the most expensive form of generation, except for gas peaking plants.”

The report also states that even though Trump’s White House supports nuclear power and coal, both have not thrived at all under his presidency. This is due, the report says, to renewables being cheaper and basic economics. Lazard also assessed that the costs of renewables continue to fall. You can learn more about the nuclear report here.

Whether it’s the curse of 2020 or humans are slowly evolving, we are phasing out of the old and phasing in the new. In the case of energy, it’s renewables, which will benefit not only our planet but the health and well-being of people all across the globe. For now, though, it seems that taxpayers will continue footing nuclear’s expensive high maintenance bills.   https://cleantechnica.com/2020/10/06/nuclear-energy-the-high-cost-of-a-dying-industry/

October 8, 2020 Posted by | business and costs, politics, USA | Leave a comment

Design not even finished! But UK govt to subsidise Small Nuclear Reactors (SMRs)

The plan is for 16 of them –  at ? £2bn each?   


FT 7th Oct 2020, Downing St considers £2bn support for mini nuclear reactors

Consortium wants to build up to 16 generators .  Downing Street is supporting plans to spend up to £2bn of taxpayers’ money on a
new generation of mini nuclear reactors. Consortium wants to build up to 16 generators to help UK meet carbon emissions targets. The first SMR is expected to cost £2.2bn and be online by 2029.

Government and industry figures confirmed that a pledge of £1.5bn-£2bn is being discussed which could even see taxpayers acquire an equity stake in the programme.

However, discussions are still ongoing and any final decision will be subject to the Treasury’s current multiyear spending review, which is due later this year. The government could also commission the first mini power station, giving confidence to suppliers and investors. The consortium, which also includes the National Nuclear Laboratory, will seek additional funding of at least £2bn, including from private investors and the capital markets.

Support for SMR technology is expected to form part of Boris Johnson’s “10-point plan for a green industrial revolution” which he will set out later in the autumn. …….. Under the plans being considered by Number 10, the small
modular reactors would be manufactured on production lines in central plants and then transported to sites for assembly. Each mini power station would operate for up to 60 years, providing 440MW of electricity per year — enough to power a city the size of Leeds.

The government’s support “should deliver sufficient cash to get the consortium through building
factories and well on the way to construction of power stations prior to finding more money from other sources,” said one person with knowledge of the situation.

The consortium is expected to finalise the SMR design by April next year, when it hopes to launch the four-year licensing process.
During that time it hopes to begin recruiting employees for the business, and identifying the sites for powers stations and the factories to build the components and modules for the SMRs. The business department hasalready pledged £18m towards the consortium’s early-stage plans.

https://www.ft.com/content/d7016b80-e0c4-4444-a059-2daf32b9a4ab

October 8, 2020 Posted by | business and costs, politics, Small Modular Nuclear Reactors, UK | Leave a comment

Ohio nuclear reactors expect tax-payer subsidy, they’re making a profit anyway !

Nuclear plants at center of Ohio subsidy fight operating above wholesale prices, S and P Global,Darren Sweeney, Gaurang Dholakia  5 Oct 20, 

As the owner of two Ohio nuclear plants is pressed to open its books on the profitability of the units, the timing of subsidies at the center of a federal criminal investigation may be a larger issue.

An S&P Global Market Intelligence analysis shows Energy Harbor Corp.’s 908-MW Davis-Besse and 1,268-MW Perry nuclear plants, both in northern Ohio, have operating costs higher than wholesale electricity prices. A mid-2019 analysis showed the plants with operating costs running below wholesale electricity prices.

The most recent analysis shows wholesale prices in the PJM Interconnection rising through the end of 2020 and into 2021, which is when Ohio’s clean air credit for nuclear plants kicks in.

House Bill 6, which establishes a $9/MWh credit for clean air resources, provides $150 million in annual financial support for the Davis-Besse and Perry nuclear units beginning Jan. 1, 2021, through Dec. 31, 2027…………

Ohio Attorney General Dave Yost has reportedly told state lawmakers to bring Energy Harbor and FirstEnergy Corp. officials before legislative committees to disclose whether the nuclear plants need the subsidies.

In addition, Yost on Sept. 23 filed a civil lawsuit to halt the collection of ratepayer-backed subsidies for the state’s nuclear plants.

The lawsuit and legislative hearings come after federal prosecutors in July filed bribery charges against former Ohio House Speaker Larry Householder and four associates. They have been indicted and accused of using “more than $59 million” through a “slush fund” to steer H.B. 6 through the Ohio Legislature. An affidavit filed by an FBI special agent implies that FirstEnergy and affiliated entities, though not mentioned by name, wired funds through a 501(c)(4) nonprofit group called Generation Now to support H.B. 6 and combat a statewide referendum to repeal the law.

Former FirstEnergy subsidiary FirstEnergy Solutions Corp. emerged from bankruptcy in late February as Energy Harbor. https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/nuclear-plants-at-center-of-ohio-subsidy-fight-operating-above-wholesale-prices-60569193

October 6, 2020 Posted by | business and costs, politics, USA | Leave a comment

Cost and safety dangers should rule out nuclear power for the Philippines

Going nuclear, (The Philippine Star ) – October 3, 2020,  As if the country didn’t have enough disasters, certain quarters still haven’t given up on harnessing nuclear power for electricity. The idea is to revive the Bataan Nuclear Power Plant, built during the Marcos dictatorship. The BNPP was mothballed after the 1986 people power revolt because of a corruption scandal and safety concerns arising from the fact that it sits on an earthquake fault connected to the dormant Mount Natib volcano in Bataan.

A report this year placed the cost of reviving the BNPP, as estimated by a foreign group, at $3 billion to $4 billion. Reviving it will go against a trend in other countries to reduce nuclear power in their energy mix, because of safety concerns in the power plants as well as the risks posed by nuclear waste, which remains radioactive and cannot be destroyed or recycled……..

Like Japan, the Philippines sits along the Pacific Ring of Fire. Before the start of this year’s pandemic, Taal Volcano’s powerful phreatic explosion emptied surrounding communities, displaced thousands and blanketed towns and cities all the way to Metro Manila with toxic, suffocating ash. Earthquakes and aftershocks continue to be recorded in Taal, with seismologists warning of the possibility of a cataclysmic eruption.

If the BNPP is revived, at great cost to a cash-strapped government, what happens if Mount Natib also acts up, or if an earthquake hits Bataan? If all the proponents of nuclear energy will live together with their immediate families near the BNPP – and not just for show, buying a house nearby while the kids live in an exclusive village far from harm’s way – then by all means, go ahead with the project. https://www.philstar.com/opinion/2020/10/03/2046802/editorial-going-nuclear

October 3, 2020 Posted by | business and costs, Philippines, politics, safety | Leave a comment

Nano diamond batteries from nuclear waste? Impractical and not likely to ever happen

Arkenlight “surprised” by NDB’s grand nuclear diamond battery claims, New Atlas By Loz Blain, September 30, 2020  Totally safe, self-charging batteries that generate power for thousands of years … It’s an exciting thought, and when we wrote about California’s NDB in August, the story generated all kinds of feedback. A lot of people felt some of NDB’s claims were outrageously false, contravening the laws of physics and vastly overstating the capabilities of a device that was already well understood.

To briefly recap, the device in question is what NDB calls the nano diamond battery. This is also known as the nuclear diamond battery, a technology first developed at the University of Bristol. The concept is this: you take particular types of nuclear waste from nuclear power stations – specifically parts of the graphite moderators and reflectors that have been exposed to fuel rod radiation and that have themselves become radioactive in the form of carbon-14. ………
The claims that caused the uproar were around the technology’s utility in consumer devices. NDB representatives told us in an interview that if the company made one of these cells the same size as an iPhone battery, “it would charge your battery from zero to full, five times an hour,” for decades. They said they could replace the battery in a Tesla electric car with something slightly more powerful that’d last some 90 years without ever needing a charge, and would come in cheaper than a standard Tesla battery……..
Commenters – and indeed YouTube debunkers – called us out for publishing these claims, saying that carbon-14 simply can’t produce energy fast enough to be useful in a device that requires sustained high power draws. The diamond part of the battery would charge up the supercapacitor so slowly, they pointed out, that either you’d need a much, much larger quantity of it, or you’d need to find applications that give the supercapacitor a long time to charge itself up between high-power discharges. The idea of using one in a phone or a car, they said, was laughable.

IWe ended up having a very informative chat with Morgan Boardman, an Industrial Fellow and Strategic Advisory Consultant with the Aspire Diamond Group at the South West Nuclear Hub of the University of Bristol.

He is also – and this is much less of a tongue twister – the CEO of a new company called Arkenlight, which has been created to commercialize the Bristol team’s diamond battery technologies, among other radioisotope-driven power sources.

In short, Boardman broadly agreed with the position that these “betabatteries” produce power far too slowly to replace the cells in your iPhone or Tesla; yes, you could build a betabattery for a phone or a vehicle, but only if you’re prepared to have the battery be several times the size of the device it’s powering.

What’s more, he pointed out that the University of Bristol took out patents covering all devices that embed radioisotopes in diamond structures, and that Arkenlight now holds those patents. So if NDB is talking about using the same kind of nuclear diamond technology – which it sure sounds like it is – it could have some licensing issues ahead of it.

So it seems it’s time to pump the brakes on some of NDB’s more exciting claims  ……….. https://newatlas.com/energy/arkenlight-nuclear-diamond-batteries/

October 3, 2020 Posted by | business and costs, Reference, technology, USA | Leave a comment

In September, French nuclear production reached its second lowest level on record

Montel News 1st Oct 2020, French nuclear production in September reached its second lowest level on
record – also its second lowest this year – at 21.6 TWh, down 21.5%
compared to 2019, while outages several reactors have been extended, RTE
data said Thursday. Nuclear output last month was thus slightly higher, by
0.3 TWh, the lowest recorded in June, at 21.3 TWh, according to Montel’s
calculations. And it has decreased by 1.2 TWh compared to August. On
average, nuclear represented 68.4% of electricity production in France,
against 69% in August.  https://www.montelnews.com/fr/story/production-nuclaire-%C3%A0-un-2me-plus-bas-record-en-septembre/1153335

October 3, 2020 Posted by | business and costs, France | Leave a comment

UK govt to give EDF a blank cheque for building Sizewell C nuclear power plant.

Dave Toke’s Blog 29th Sept 2020, It is looking increasingly likely that the British Government is about to cave-in to EDF’s demand that the British energy consumers should pay what could be massive cost overruns for building Sizewell C nuclear power plant.
But what has not been discussed so much is how the contract the Government is likely to offer EDF will reduce deployment of renewable energy schemes.
A report in The Times signals that EDF chiefs is meeting the Chancellor to complete the details for how to dress up what is in effect a blank cheque for Sizewell C. It reported that the withdrawal of Hitachi from the Wylfa site was a ‘shock’. Hitachi’s move which has been expected for a year, is not a shock to people in the energy industry. It became apparent (to me at least!) long ago that new nuclear plant can only be built if they are given an effective blank cheque (that is the promise of an unlimited supply of cash) from some state-backed energy monopoly.
EDF will be expecting the same sort of contract as given to them for Hinkley C which allows nuclear electricity generation to crowd out production from future renewable energy plant. EDF will be given so-called ‘baseload’ contracts that mean that when electricity wholesale prices are low or even negative they will still get paid the same level of high premium prices. Meanwhile future wind and solar pv projects will be effectively forced offline by the nuclear power plant because they will not receive premium prices.

http://realfeed-intariffs.blogspot.com/2020/09/is-treasury-about-to-cave-in-over-edfs.html

October 1, 2020 Posted by | business and costs, politics, UK | Leave a comment

One more Utah city withdraws from NuScam small nuclear reactor project

Kaysville withdraws from nuclear power project. Post Register, By NATHAN BROWN nbrown@postregister.com

    Sep 28, 2020   One more Utah city has withdrawn from a project to build 12 small nuclear reactors west of Idaho Falls.

The Kaysville City Council voted unanimously a week-and-a-half ago to withdraw from the Carbon Free Power Project, although the resolution left the door open for the city to hold a special meeting to rejoin the project if anything changes……….

Lehi and Logan have also withdrawn from the Carbon Free Power Project over the past month-and-a-half, citing potential risks to local taxpayers if costs go up. There are still more than 30 cities and power systems, including Idaho Falls, that are part of it, and the members have until Oct. 31 to recommit to the project’s next phase by approving the new budget. Utah Associated Municipal Power Systems is waiting for the U.S. Department of Energy to give final approval to a promised $1.4 billion to support the project.  ……. https://www.postregister.com/news/government/kaysville-withdraws-from-nuclear-power-project/article_fbb6f15e-e8c6-5207-b6e9-bbf632538c85.html

October 1, 2020 Posted by | business and costs, Small Modular Nuclear Reactors, USA | Leave a comment

Greater Cleveland Partnership calls for repeal of Ohio nuclear bailout law

September 29, 2020 Posted by | business and costs, politics, USA | Leave a comment

‘Nuclear power is now the most expensive form of generation, except for gas peaking plants’

‘Nuclear power is now the most expensive form of generation, except for gas peaking plants’

The latest edition of the World Nuclear Industry Status Report indicates the stagnation of the sector continues. Just 2.4 GW of new nuclear generation capacity came online last year, compared to 98 GW of solar. The world’s operational nuclear power capacity had declined by 2.1%, to 362 GW, at the end of June.

SEPTEMBER 25, 2020 EMILIANO BELLINI  PV MAGAZINE AUSTRALIA  The levelized cost of energy (LCOE) from nuclear power rose from around $117/MWh in 2015 to $155 at the end of last year, according to the latest edition of the World Nuclear Industry Status Report, published annually by French nuclear consultant Mycle Schneider.

By contrast, the LCOE from solar power decreased from $65/MWh to approximately $49 and that of wind from $55 to $41.

“What is remarkable about these trends, is that the costs of renewables continue to fall due to incremental manufacturing and installation improvements while nuclear, despite over half a century of industrial experience, continues to see costs rising,” stated the report, citing a recent study from financial advisory and asset management firm Lazard. “Nuclear power is now the most expensive form of generation, except for gas peaking plants,” added the study, which did not provide an LCOE for gas peaker generation.

The cost difference is having a huge impact in new generation capacity deployment, with just 2.4 GW of new nuclear plants installed last year, compared to 98 GW of solar and 59.2 GW of wind, according to the report. The world’s operational nuclear capacity fell 2.1% to 362 GW by the end of June. “The number of operating reactors in the world has dropped … to 408 as of mid-2020, that is below the level already reached in 1988 and 30 units below the historic peak of 438 in 2002,” the study reported.

Six nuclear reactors were grid-connected last year: three in Russia, two in China and one in South Korea. At the same time, five nuclear plants closed last year and three more were shuttered in the first half of this year, with no nuclear facilities added from January to June. An additional eight facilities, which had ceased operations, were decommissioned in 2019………. https://www.pv-magazine-australia.com/2020/09/25/nuclear-power-is-now-the-most-expensive-form-of-generation-except-for-gas-peaking-plants/

September 29, 2020 Posted by | 2 WORLD, business and costs | Leave a comment

Do Ohio nuclear stations really need a bailout ? Where’s the evidence?

Where’s the proof that nuclear power plants need a bailout? This Week in the CLE,  By Laura Johnston, cleveland.com  28 Sept 20, CLEVELAND, Ohio — How do Ohioans know Energy Harbor’s nuclear power plants need a $1.3 billion bailout?  Cleveland.com
The company hasn’t said, and we’re talking about the lack of disclosure on This Week in the CLE…….

Here are the questions we’re answering today:

Has the owner of the two nuclear plants benefitting from a $1.3 billion bailout that was forged in corruption ever shown records to prove it actually needs the money? No. The owner of the Davis-Besse and Perry plants refuses to disclose whether they’re profitable  ……….https://www.cleveland.com/news/2020/09/wheres-the-proof-that-nuclear-power-plants-need-a-bailout-this-week-in-the-cle.
The owner of the nuclear plants getting our $1.3 billion bailout won’t show proof that it actually needs the money: The Wake Up podcast, Sep 28, 2020, By Staff, cleveland.com, CLEVELAND, Ohio — A bill to bail out Ohio’s two nuclear power plants has led to one of the state’s biggest scandals … and it’s unclear if the plants really needed the money.

That’s because the current owner of the two power plants, Energy Harbor, refuses to say if the plants are profitable. Cleveland.com editor Chris Quinn says many people are now wondering if the $1.3 billion bailout was even necessary.  ……https://www.cleveland.com/metro/2020/09/the-owner-of-the-nuclear-plants-getting-our-13-billion-bailout-wont-show-proof-that-it-actually-needs-the-money-the-wake-up-podcast.html

September 29, 2020 Posted by | business and costs, politics, USA | Leave a comment

Wind and solar power, energy efficiency – THAT’s where the jobs are!

As fossil fuel jobs falter, renewables come to the rescue, BY JEFF BERARDELLI  CBS News, SEPTEMBER 25, 2020 “…………. Professor Jay Johnson runs the Wind Energy Technician Program at Lake Region State College in eastern North Dakota, and recently he’s seen a big increase in demand. “Wind energy development has been on a tear the last few years as wind turbines have become unbelievably efficient,” he said.

According to Logan Goldie-Scot, the head of clean power research at Bloomberg New Energy Finance (BNEF), combined solar and wind power capacity has quadrupled since 2010. And in that time, installed wind capacity has increased by 260%, from 41 gigawatts to 106. BNEF expects another 60 gigawatts of wind power to be added in just the next five years.

“The amount of money being invested in wind is staggering, and people don’t realize it, but there is a 100% renewable revolution going on right underneath our feet,” says Johnson, “This all means the cost of wind-generated electricity to homeowners and businesses is the low-cost solution.”

Prices of renewable energy have indeed fallen dramatically. According to BNEF, the cost of generating power from solar photovoltaic (PV) modules has fallen by 90% since 2010, and the price of wind power has been cut in half. In fact, the prices of onshore wind and solar are now even with gas and cheaper than coal and nuclear.

Professor Jeffrey Sachs, a world-renowned economist and sustainable development expert at Columbia University, says clean energy now has several advantages over traditional fuels.

“Renewable energy now is at what is called grid parity. That means it is no more expensive to put up a solar field than it is to put up a coal plant,” explains Sachs. “The only difference is the coal plant will pollute the air, kill the people nearby and create incredible climate damage, while the solar will enable clean air and a safe and stable environment and actually put a lot more people to work.”

Recent figures show renewable energy employs about 850,000 people in the U.S. (not including some 2.3 million jobs in energy efficiency), as compared to a little more than 1 million in traditional oil, gas and coal. But most of the future job growth is projected to come from clean energy sources.

In fact, the fastest growing occupation in the U.S., according to the U.S. Bureau of Labor Statistics, is wind turbine service technician, with a median salary of about $53,000 per year. In total, the wind industry employs 120,000 U.S. workers. Solar installer is the third fastest growing occupation on the list, with a median salary of nearly $45,000.

The growth in renewable energy jobs can be explained by the fact that it is a newer, expanding industry and requires more workers per unit of energy than fossil fuels. Research shows that job creation is inherent in the transition required to combat climate change. “Such episodes of ‘creative destruction’ are often associated with innovation, job creation and growth,” as one study put it. A report by the UK Energy Research Centre concluded that for the same amount of energy produced, renewables required two to five times as many workers as compared to fossil fuels.

A poll released this week by Climate Nexus, conducted by Yale and George Mason University, finds that a large majority of registered voters in the U.S. believe combating climate change would be good for the economy. About 7 in 10 people surveyed expressed the view that government action on climate change would bolster renewable energy, create jobs and help the economy. Only about one-third thought government action on climate would impose burdensome regulations, weakening the economy and job creation.

CBS News asked Goldie-Scot how much the outcome of the 2020 presidential election would matter for the future of renewables. He says that while the industry would undoubtedly benefit more from a Democratic administration due to Joe Biden’s pledge to invest $2 trillion in clean energy and related infrastructure, “the fundamental advantages of renewables will persist despite politics. Renewables are the lowest [cost] form of generation in much of the country and renewables are popular in a number of Republican, and windy, states.”

As just one example, the typically red state of Texas is the clear leader in wind energy, generating three times as much as its nearest competitor. Sachs agrees that Republican-leaning states have the most to gain from the surge in renewables. “They could be the leaders in building the new green economy,” he said. “This is exactly a heartland issue for the United States.”

And back in the heartland, as Johnson sees more and more trainees walking through his door, he says the renewable revolution is well underway. “That’s where the jobs are, that’s where the wind energy is. It’s just free money flying across the sky.” https://www.cbsnews.com/news/renewable-energy-jobs-replacing-fossil-fuel-jobs-oil-wind/?fbclid=IwAR1aPeyOQTnh5UlpQKkRvonfkMOxT4cFwLn7uYMO-T1ckd-ldGCkOGlNNeU

 

September 28, 2020 Posted by | employment, renewable, USA | Leave a comment

French taxpayers don’t want to pay for Sizewell nuclear station, neither do British.

France’s EDF demands clarity on British nuclear power plans Times  John Collingridge   27 Sept 20, French energy giant EDF is set for a showdown with the Treasury over state funding for nuclear power stations as Britain’s atomic future faces a make-or-break moment.Jean-Bernard Lévy, chairman and chief executive of Électricité de France, will speak to chancellor Rishi Sunak via video link on Wednesday to demand clarity over Britain’s plans for funding nuclear power.

The industry was left reeling this month when Japan’s Hitachi quit its Horizon project to build a £20bn plant on Anglesey.

That shock retreat, after years of prevarication by Westminster over state support for nuclear power and turmoil in the Japanese nuclear industry, left only EDF and China General Nuclear with plans for atomic power stations in the UK.

EDF and China are building the delayed and over-budget £22.5bn Hinkley Point C power station in Somerset, but Paris has balked at
the prospect of French taxpayers funding the next nuclear project in Britain.

Instead, EDF, which is 84% owned by the French state, wants British taxpayers to underwrite a new plant at Sizewell in Suffolk. A
proposed new financial structure, the regulated asset base, would levy a tax on UK household energy bills to help pay for the project.

Other options include the British government taking a stake — although that has worried the Treasury, which is anxious about adding to its debt mountain.

EDF declined to comment. With most of Britain’s ageing reactors due to close by the end of the decade, Sunak and Boris Johnson face the dilemma of whether to fund more big nuclear plants, or rely on wind, solar, gas, small reactors and imported power to keep the lights on.

The American government has warned Hitachi against selling the Anglesey site to China, and is understood to be considering bankrolling US companies to take it over. Westinghouse, which makes the AP1000 nuclear plant, and NuScale Power,
which is developing small, modular reactors, are both believed to be
exploring options for the site. South Korea’s Kepco is also understood to
be interested, as is EDF.

https://www.thetimes.co.uk/edition/business/frances-edf-demands-clarity-on-british-nuclear-power-plans-00t6gbmlg

September 28, 2020 Posted by | business and costs, France, politics, UK | Leave a comment

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