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Communist Party of India (CPI (M) oppose purchase of U.S nuclear, with Jared Kushner’s vested interest

ANDHRA PRADESH

CPI(M) opposes move to sign MoU with U.S. over nuclear reactor, https://www.thehindu.com/news/national/andhra-pradesh/cpim-opposes-move-to-sign-mou-with-us-over-nuclear-reactor/article30906879.ece

Party leader urges Centre to protect the country’s security

Demanding dropping of nuclear power plant proposed by Nuclear Power Corporation of India Ltd (NPCIL) at Kovvada in Srikakulam district, CPI (M) State Secretariat member Ch. Narsinga Rao on Monday said United States President Donald Trump was on a visit to India to pursue supply of reactor to the plant, among other things.

He told reporters along with Greater Visakha unit president of CPI (M) B. Ganga Rao that the Government of India should be aware of the fact that Trump’s son-in-law Jared Kushner had ‘vested interest’ in the supply of the reactor to Kovvada plant.

Mr. Narsinga Rao said Westhouse company, which agreed to supply the reactor to Kovvada, had been acquired by Brookfield Asset Management, an investment company in which Qatar Investment Authority is a major stakeholder.

The CPI (M) leader said Mr. Kushner was an investor in Qatar Investment Authority.

Mr. Trump might be keen on proceeding with the MoU on Kovvada, he alleged and asked the Centre to protect the country’s security by rejecting America’s plea to supply the rector to NPCIL.

He said originally nuclear power plant was proposed at Mithivirdi in Gujarat and due to public protest, it was later decided to set up the plant at Kovvada. He said the Kovvada plant would be expensive and unviable and banks funding it were bound to turn bankrupt.

Mr. Rao said former Union Power secretary E.A.S. Sarma had also strongly opposed the move to sign MoU with the US for supply of six reactors for Kovvada from the erstwhile Westinghouse company.

February 25, 2020 Posted by Christina Macpherson | India, marketing, secrets,lies and civil liberties | Leave a comment

Outage’s at EDF’s Hinkley nuclear station extended until June

EDF Energy extends outages at Hinkley Point B nuclear plant   https://www.reuters.com/article/edf-energy-nuclear/update-1-edf-energy-extends-outages-at-hinkley-point-b-nuclear-plant-idUSL5N2AO3DT

LONDON, Feb 24 (Reuters) – EDF Energy has extended two planned outages at Britain’s Hinkley Point B nuclear plant to June to complete further inspections of the reactor cores, the company said on Monday.
A planned outage at Britain’s Hinkley Point B-8 nuclear reactor has been extended by three months, data from EDF Energy shows.   The 480 megawatt reactor went offline on Friday night and was originally due to return to service on March 17. The restart date has now been extended to June 5.
An upcoming outage from April at Hinkley Point B-7 reactor has been extended to June 20 from May 19.“We have decided to take more time to complete the forthcoming inspection outages at Hinkley Point B to allow for additional analysis and review of the core inspection findings which as always we will share with our regulator, ONR,” a company spokesman said, referring to the Office for Nuclear Regulation.

The reactors have to undergo such inspections after cracks developed faster than expected in graphite bricks in the reactor core at another of the company’s nuclear fleet in Britain.

Reporting by Nina Chestney; Editing by Edmund Blair and Jane Merriman

February 25, 2020 Posted by Christina Macpherson | business and costs, safety, UK | Leave a comment

JP Morgan economists warn climate crisis is threat to human race

JP Morgan economists warn climate crisis is threat to human race https://www.theguardian.com/environment/2020/feb/21/jp-morgan-economists-warn-climate-crisis-threat-human-race  

Leaked report for world’s major fossil fuel financier says Earth is on unsustainable trajectory, Patrick Greenfield and Jonathan Watts  The world’s largest financier of fossil fuels has warned clients that the climate crisis threatens the survival of humanity and that the planet is on an unsustainable trajectory, according to a leaked document.The JP Morgan report on the economic risks of human-caused global heating said climate policy had to change or else the world faced irreversible consequences.

The study implicitly condemns the US bank’s own investment strategy and highlights growing concerns among major Wall Street institutions about the financial and reputational risks of continued funding of carbon-intensive industries, such as oil and gas.

JP Morgan has provided $75bn (£61bn) in financial services to the companies most aggressively expanding in sectors such as fracking and Arctic oil and gas exploration since the Paris agreement, according to analysis compiled for the Guardian last year.

Its report was obtained by Rupert Read, an Extinction Rebellion spokesperson and philosophy academic at the University of East Anglia, and has been seen by the Guardian.

The research by JP Morgan economists David Mackie and Jessica Murray says the climate crisis will impact the world economy, human health, water stress, migration and the survival of other species on Earth.

“We cannot rule out catastrophic outcomes where human life as we know it is threatened,” notes the paper, which is dated 14 January.

Drawing on extensive academic literature and forecasts by the International Monetary Fund and the UN Intergovernmental Panel on Climate Change (IPCC), the paper notes that global heating is on course to hit 3.5C above pre-industrial levels by the end of the century. It says most estimates of the likely economic and health costs are far too small because they fail to account for the loss of wealth, the discount rate and the possibility of increased natural disasters.

The authors say policymakers need to change direction because a business-as-usual climate policy “would likely push the earth to a place that we haven’t seen for many millions of years”, with outcomes that might be impossible to reverse.

“Although precise predictions are not possible, it is clear that the Earth is on an unsustainable trajectory. Something will have to change at some point if the human race is going to survive.”

The investment bank says climate change “reflects a global market failure in the sense that producers and consumers of CO2 emissions do not pay for the climate damage that results.” To reverse this, it highlights the need for a global carbon tax but cautions that it is “not going to happen anytime soon” because of concerns about jobs and competitiveness.

The authors say it is “likely the [climate] situation will continue to deteriorate, possibly more so than in any of the IPCC’s scenarios”.

Without naming any organisation, the authors say changes are occurring at the micro level, involving shifts in behaviour by individuals, companies and investors, but this is unlikely to be enough without the involvement of the fiscal and financial authorities.

Last year, analysis compiled for the Guardian by Rainforest Action Network, a US-based environmental organisation, found JP Morgan was one of 33 powerful financial institutions to have provided an estimated total of $1.9tn (£1.47tn) to the fossil fuel sector between 2016 and 2018.

A JP Morgan spokesperson told the BBC the research team was “wholly independent from the company as a whole, and not a commentary on it”, but declined to comment further. The metadata on the pdf of the report obtained by Read said the document was created on 13 January and that the author of the file was Gabriel de Kock, executive director of JP Morgan. The Guardian has approached the investment bank for comment.

Pressure from student strikers, activist shareholders and divestment campaigners has prompted several major institutions to claim they will make the climate more of a priority. The business model of fossil fuel companies is also weakening as wind and solar become more competitive. Earlier this month, the influential merchant bank Goldman Sachs downgraded ExxonMobil from a “neutral” to a “sell” position. In January, BlackRock – the world’s biggest asset manager – said it would lower its exposure to fossil fuels ahead of a “significant reallocation of capital”.

Environmental groups remain wary because huge sums are invested in petrochemical firms, but some veteran financial analysts say the tide is changing. The CNBC money pundit Jim Cramer shocked many in his field when he declared: “I’m done with fossil fuels. They’re done. They’re just done.” Describing how a new generation of pension fund managers was withdrawing support, he claimed oil and gas firms were in the death knell phase. “The world has turned on them. It’s actually happening kind of quickly. You’re seeing divestiture by a lot of different funds. It’s going to be a parade that says, ‘Look, these are tobacco. And we’re not going to own them,’” he said. “We’re in a new world.”

 

February 22, 2020 Posted by Christina Macpherson | 2 WORLD, business and costs, climate change | Leave a comment

Trump to visit India as salesman for Westinghouse nuclear reactors

Westinghouse to sign deal for six nuclear reactors in India during Trump’s visit: report  HTTPS://THEHILL.COM/POLICY/INTERNATIONAL/INDIA/483820-WESTINGHOUSE-TO-SIGN-DEAL-FOR-SIX-NUCLEAR-REACTORS-IN-INDIA-DURING  BY JUSTINE COLEMAN – 02/20/20   U.S. energy company Westinghouse is expected to sign a deal for six nuclear reactors with the state-run Nuclear Power Corporation of India (NPCIL) during President Trump’s trip to the country, Reuters reported.The deal will outline timelines and name the lead local constructor for building the reactors at Kovvada in southern India, according to the news service.

India has reportedly been open to receiving nuclear reactors since its 2008 civil nuclear energy pact with the U.S. Last year, the countries announced they had committed to six reactors.

Representatives from the U.S. Energy and Commerce departments, Westinghouse, the U.S.-India Strategic Partnership Forum and The Nuclear Energy Institute have met in India for negotiations, Reuters noted.

Rita Baranwal, assistant secretary for the Office of Nuclear Energy in the U.S. Department of Energy, told the news service that the team is “optimistic” the agreement will be signed “shortly.”

“We are encouraging moving forward with Westinghouse and NPCIL to sign a MoU. It certainly is a private industry-to-private industry, a business-to-business decision,” she said, referring to a memorandum of understanding.

Representatives from the U.S. Energy and Commerce departments, Westinghouse, the U.S.-India Strategic Partnership Forum and The Nuclear Energy Institute have met in India for negotiations, Reuters noted.

The Hill reached out to Westinghouse and NPCIL for comment.

February 22, 2020 Posted by Christina Macpherson | India, marketing, politics international, USA | Leave a comment

Large U.S. nuclear delegation to India to con Indians into buying Small Modular Nuclear Reactors

Nuclear ties in focus ahead of Trump visit, Live Mint 18 Feb 2020, Elizabeth Roche

  • The US delegation held talks for collaborating in R&D, advanced nuclear tech and offered nuclear power plants
  • The US team was the largest to visit India since the two nations eased differences over civil nuclear liability in 2015
  • New Delhi: The largest US nuclear delegation to visit India in five years held talks with senior Indian officials last week, exploring collaborations in research and development (R&D) and advanced nuclear technology, besides offering nuclear power plants in a range of sizes.

    The delegation of a dozen people representing the US industry and government, headed by Rita Baranwal, assistant secretary for the office of nuclear energy in the department of energy, was in India on 10-14 February to explore opportunities.

    The group was in India under the aegis of the US-India Strategic Partnership Forum.

    The visit came ahead of US President Donald Trump’s 24-25 February official trip to India next week.

    Besides collaborating with India in R&D and advanced nuclear technology, the US has offered nuclear power plants in three sizes—small modular, micro, and bigger plants of at least one gigawatt capacity……

    There are a lot of really talented researchers in India and I think we need to continue our discussions and leverage that talent so that as we move forward to deploy advanced nuclear technology reactors we have the technology talent that can assist with deploying and operating those types of nuclear reactors,” she said.

    “And when I talk about advanced nuclear technology I mean not only the large gigawatt-size reactors such as Westinghouse AP-1000 but also the SMR (small modular reactor) technology and the even smaller micro reactor.”…….

  • The US is looking to set up advanced nuclear technology demonstration reactors in the next five-seven years. The new technologies would be for the US market, “but we hope to see them deployed globally and it will be really great to have Indian cooperation early in the process. …. https://www.livemint.com/news/india/nuclear-ties-in-focus-ahead-of-trump-visit-11582049040350.html
  •  

February 20, 2020 Posted by Christina Macpherson | India, marketing, USA | Leave a comment

European Pressurised Reactor at Flamanville: nuclear is expensive and it doesn’t work.

France Culture 14th Feb 2020, EPR: nuclear is expensive and it doesn’t work. A kind of modern replica of the Danaïdes barrel, the EPR at Flamanville, in the Manche department, is once again being talked about: between construction delays (delivery scheduled for 2010, “potentially promised” now in 2022) and additional costs ( estimated three billion, we would exceed 12 billion today), is there ultimately a future for what was sold in the late 90s (1998-2000) as
the new wonder of the genre?

https://www.franceculture.fr/emissions/superfail/superfail-du-lundi-4-novembre-lepr-le-nucleaire-cest-cher-et-ca-ne-fonctionne-pas

February 18, 2020 Posted by Christina Macpherson | business and costs, France, politics | Leave a comment

Tortuous progress, ever-increasing costs for UK’s Sizewell and Hinkley Point C nuclear projectsy

Reports: EDF readies plans for £16bn Sizewell C nuclear plant,  Business Green , Michael Holder, 17 Feb 20, EDF is gearing up to formally submit plans for a new £16bn-£20bn nuclear power station at Sizewell in Suffolk within weeks, which if approved could generate enough energy for around six million UK homes, according to reports.The French state-controlled energy giant has again teamed up with CGN – the Chinese state-owned company with which it is currently developing Hinkley Point C power station in Somerset – on the project, which would include two new EPR reactors, reports The Telegraph.

A planning application is currently being prepared for the new Suffolk nuclear plant, which would be located at the same site as EDF’s existing Sizewell B nuclear plant, and could be lodged by as soon as the end of this month, or potentially in March, the newspaper revealed on Saturday.

Due to the size of the development, the project requires a Development Consent Order (DSO) to proceed from the UK’s Planning Inspectorate, which could take around a year to approve or reject the application.

…. concerns reportedly remain about flood risk at the site due to its low lying coastal location, while a framework for funding the new Sizewell nuclear plant still needs to be ironed out, which could potentially delay the plant’s development, according to the newspaper.

A spokesperson for EDF said work on the DSO application “is continuing” but declined to comment any further when contacted by BusinessGreen.

It comes in the wake of criticism over the decision to proceed with the two firms’ other flagship nuclear project Hinkley Point C due to the high cost associated with the project, which is being paid for through a surcharge on consumer energy bills.

In September EDF was once again forced to increase its cost estimates for the Somerset project, admitting that costs are likely to soar £2.9bn over the original budget, and that it may not start generating electricity until 2026, 15 months later than previously scheduled.

More broadly the UK’s nuclear sector has suffered setbacks over the past couple of years, with two other major projects at Wylfa in North Wales and Moorside in Cumbria having both been shelved by developers over cost concerns…….. https://www.businessgreen.com/news/4010867/reports-edf-readies-plans-gbp16bn-sizewell-nuclear-plant

February 18, 2020 Posted by Christina Macpherson | business and costs, politics, UK | Leave a comment

Decline and uncertainty in UK nuclear construction

Construction News 10th Feb 2020, Contractors hoping to work on nuclear builds have been forced to scale back their workforce in recent months, according to the head of the sector’s trade body. Nuclear Industry Association (NIA) chief executive Tom Greatrex told Construction News that the uncertain future for nuclear megaprojects such as the £16bn Wylfa Newydd , which was suspended by Hitachi in January 2019, has had a negative impact on construction firms

Greatrex said: “There’s a lot [of nuclear specialists] that have cut back their
headcounts. If they don’t feel there’s going to be any work to do in that
area, they’ll focus on other areas and costs will be cut.” He added that
the NIA was aware of “a few small companies that have ceased to trade”,
but declined to name them.

https://www.constructionnews.co.uk/sustainability/nuclear-supply-chain-shrinking-due-to-uncertainty-10-02-2020/

February 13, 2020 Posted by Christina Macpherson | business and costs, UK | Leave a comment

Uranium prices at rock bottom- doesn’t help the struggling nuclear industry

Uranium Week: The Nuclear Conundrum https://www.fnarena.com/index.php/2020/02/11/uranium-week-the-nuclear-conundrum/

By Greg Peel, Lack of demand continues to drag on uranium prices despite ongoing production curtailments, yet nuclear energy remains a matter of cost.

-Uranium spot prices drift lower
-Production curtailments ongoing
-Nuclear power a costly option

he world’s largest mining investment conference, now in its 26th year, began in Cape Town last week. Given the tenuous state of South Africa’s energy supply, the focus this year of the “Investing in African Mining Indaba” is on a transition from coal toward renewable and clean energy resources to deal with power shortages across the African continent. (Indaba means meeting.)

The five-day conference brought together representatives from 94 countries and regions, including more than 38 ministers, under the theme “Optimizing Growth and Investment in the Digitized Mining Economy.”

The CEO of the Minerals Council South Africa said at the conference the Council fully supports a transition from coal to non-fossil fuel forms of power generation such as wind and solar power and, where cost is not prohibitive, nuclear power.

“Where cost is not prohibitive” underscores the dilemma facing the global nuclear power and uranium mining industries at present. The US experience is one of US uranium miners being unable to compete with cheaper imports from the likes of Canada and Kazakhstan, with uranium prices near historically low levels. Yet the US nuclear power industry cannot compete with gas-fired and renewable power, despite historically low uranium prices.

 

February 13, 2020 Posted by Christina Macpherson | business and costs, Uranium | Leave a comment

Nuclear power went backwards in 2019, and the outlook is bleak

Jim Green, RenewEconomy, 11 Feb 2020  

https://reneweconomy.com.au/nuclear-power-went-backwards-in-2019-and-the-outlook-is-bleak-61834/

Nuclear power went backwards last year with the permanent shutdown of nine power reactors and the startup (grid connection) of six. Startups were concentrated in Russia (three) and China (two), with one in South Korea. The shutdowns were spread across eight countries.

Worse still for the industry – much worse – is the paucity of reactor construction starts. There were just three construction starts in 2019: one each in China and Russia, and Bushehr-2 in Iran which faces an uncertain future. No countries entered the nuclear power club in 2019 (construction starts or grid connections).

The average age of the global reactor fleet passed 30 years in 2019. That’s an old fleet, increasingly prone to accidents, large and small; increasingly prone to extended outages and thus increasingly uncompetitive in electricity markets.

As a result of the ageing of the reactor fleet, the International Atomic Energy Agency (IAEA) anticipates the closure of up to 139 GW from 2018‒2030 – more than one-third of current global capacity of 395 GW (including idle reactors in Japan). Based on IAEA figures, the industry will need about 10 new reactors (10 GW) each year just to match shutdowns.

The industry did indeed average nearly 10 construction starts from 2008‒13. But the number has sharply declined in the aftermath of the Fukushima disaster and catastrophic cost overruns. There were more construction starts in 2010 (16) than in 2016‒19 combined (15).

This table captures the birth, mid-life crisis (Fukushima) and death of the nuclear power mini-renaissance:

6-year period 2002-07 2008‒13 2014‒19
Construction starts 24 59 26
Average 4.0 9.8 4.3

Diana Ürge-Vorsatz, Vice-Chair of an Intergovernmental Panel on Climate Change Working Group, notes in the foreword to the World Nuclear Industry Status Report 2019: “Trend indicators in the report suggest that the nuclear industry may have reached its historic maxima: nuclear power generation peaked in 2006, the number of reactors in operation in 2002, the share of nuclear power in the electricity mix in 1996, the number of reactors under construction in 1979, construction starts in 1976. As of mid-2019, there is one unit less in operation than in 1989.”

The number of power reactors under construction has been falling slowly but steadily in recent years, from 68 in 2013 to 46 as of Jan. 2020 (52 according to the IAEA).

The Era of Nuclear Decommissioning

Currently, nuclear power reflects two contradictory dynamics. The earlier mini-renaissance is evident but will subside by the mid-2020s. The Era of Nuclear Decommissioning is in its infancy (with nine reactor closures, historians may mark 2019 as the beginning of this qualitatively new era) and will be in ever-sharper focus by the mid-2020s.

The Era of Nuclear Decommissioning will be characterised by a decline in the number of operating reactors; an increasingly unreliable and accident-prone reactor fleet as aging sets in; countless battles over lifespan extensions for aging reactors; an internationalisation of anti-nuclear opposition as neighbouring countries object to the continued operation of aging reactors; and escalating battles over and problems with decommissioning and waste disposal.

Until such time as the rot sets in, the nuclear industry can console itself with these 10-year figures indicating a marginal increase or decrease depending on whether reactors in long-term outage (most of them in Japan) are included or excluded. Including reactors in long-term outage is “misleading” and “clearly ridiculous” according to former World Nuclear Association executive Steve Kidd, because many of them may never operate again.

Year Number of operable reactors Capacity (GW)
31 Dec. 2009 437 371
31 Dec. 2019

Including reactors in long-term outage

Excluding reactors in long-term outage

 

442

415

 

392

~366

Pro-nuclear spin

So how are the nuclear industry and its supporters responding to the industry’s miserable state? Mostly with denial and delusion.

Here are the ‘top 6 nuclear power achievements‘ of 2019 according to the executive editor of POWER magazine.

1. World’s first EPR nuclear power plant enters commercial operation with the Sept. 2019 commencement of commercial operation of the second of two EPR reactors in Taishan, China.

The original 2013/14 startup dates for Taishan 1 and 2 were missed by five years due to construction problems and safety concerns (including the extraordinary Creusot Forge scandal in France). Excavation work for the Taishan reactors began in 2008 and construction of the two reactors formally began in 2009 and 2010. China General Nuclear Power Corporation acknowledged a cost increase of 40 percent for the two Taishan reactors to US$11 billion. As a result of delays and cost overruns, the market for EPRs in China has all but evaporated.

The EPR reactor under construction at Flamanville, France, is 10 years behind schedule: construction began in Dec. 2007, the planned startup date was 2012, and EDF now says that commercial operation cannot be expected before the end of 2022. The current cost estimate of €12.4 billion (US$13.7 billion) is 3.8 times greater than the original estimate of €3.3 billion (US$3.6 billion).

The EPR reactor under construction at Olkiluoto, Finland, is 10 years behind schedule: construction began in April 2005, startup was anticipated in 2010, and startup is now scheduled in 2020. The current cost estimate of about €11 billion (US$12.2 billion) is 3.7 times greater than the original €3 billion (US$3.3 billion) price tag.

The estimated combined cost of the two EPR reactors under construction at Hinkley Point, UK, including finance costs, is £26.7 billion (US$35.0 billion) (the EU’s 2014 estimate of £24.5 billion plus a £2.2 billion increase announced in July 2017). A decade ago, the estimated construction cost for one EPR reactor in the UK was almost seven times lower at £2 billion. The UK National Audit Office estimates that taxpayer subsidies for Hinkley Point will amount to £30 billion (US$39.4 billion), while other credible estimates put the figure as high as £50 billion (US$65.6 billion).

Undeterred, POWER magazine claims that a 6-unit EPR project in India will be the world’s largest nuclear power plant “if completed as planned”. It would be a miracle if the project is completed as planned; indeed it would be a minor miracle if it even begins given funding constraints.

2. World’s first ACPR-1000 nuclear power plant begins commercial operation in China

Grid connections of ACPR-1000 reactors in China in 2018 and 2019 mark a significant achievement. But the broader picture is highly uncertain. There has only been one reactor construction start in China in the past three years. The number of reactors under construction has fallen sharply from 20 in 2017 to 10 currently. No-one knows whether or not the Chinese nuclear program will regain momentum. Wind and solar combined generated nearly double the amount of electricity as nuclear in 2018.

3. Akademik Lomonosov connects to grid

Estimated construction costs for Russia’s floating nuclear power plant (with two 32-MW ice-breaker-type reactors) increased more than four-fold and eventually amounted to well over US$10 million / megawatt (US$740 million / 64 MW). A 2016 OECD Nuclear Energy Agency report said that electricity produced by the plant is expected to cost about US$200 / MWh, with the high cost due to large staffing requirements, high fuel costs, and resources required to maintain the barge and coastal infrastructure.

The primary purpose of Russia’s floating nuclear power plant is to help exploit fossil fuel reserves in the Arctic – fossil fuel reserves that are more accessible because of climate change. That isn’t anything to celebrate; it is disturbing and dystopian.

4. Vogtle nuclear expansion progresses

Construction of the twin-AP1000 project in the US state of Georgia began in 2013 and the planned startup dates were April 2016 and April 2017. The project is 5.5 years behind schedule and it is unlikely that the revised completion dates of Nov. 2021 and Nov. 2022 will be met.

In 2006, Westinghouse claimed it could build one AP1000 reactor for as little as US$1.4 billion. The current cost estimate for the two Vogtle reactors – US$27‒30+ billion – is 10 times higher.

The Vogtle project only survives because of mind-boggling, multi-billion dollar taxpayer subsidies including US$12+ billion in loan guarantees, tax credits and much else besides. Westinghouse declared bankruptcy in 2017, largely as a result of its failed AP1000 projects in South Carolina (abandoned after the expenditure of at least US$9 billion) and Georgia, and Westinghouse’s parent company Toshiba was almost forced into bankruptcy and survives as a shadow of its former self.

5. NRC approves Clinch River nuclear site for small modular reactors (SMRs)

6. NuScale’s SMR design clears Phase 4 of NRC review process

But who will pay for SMRs? Industry won’t budge without massive taxpayer subsidies. A 2018 US Department of Energy report states that to make a “meaningful” impact, about US$10 billion of government subsidies would be needed to deploy 6 gigawatts of SMR capacity by 2035.

And the pro-nuclear authors of a 2018 article in the Proceedings of the National Academy of Science argue that for SMRs to make a significant contribution to US energy supply, “several hundred billion dollars of direct and indirect subsidies would be needed to support their development and deployment over the next several decades”.

The prospects for SMRs are just as bleak in other countries.

And as the AEMO/CSIRO GenCost 2019-20 report notes, SMRs in Australia would be 2-4 times more expensive per kW than wind and solar.

Dr. Jim Green is the national nuclear campaigner with Friends of the Earth Australia and editor of the Nuclear Monitor newsletter.

ReplyReply allForward

 

February 11, 2020 Posted by Christina Macpherson | 2 WORLD, business and costs, Reference | Leave a comment

Ontario Power Generation says ‘no’ to proposed nuclear waste disposal site following opposition from Saugeen FN

Ontario Power Generation says ‘no’ to proposed nuclear waste disposal site following opposition from Saugeen FN Manitoulin Expositor, By Michael Erskine, February 5, 2020  SAUGEEN FIRST NATION – The Saugeen Ojibway Nation (comprised of the Chippewas of Saugeen First Nation and the Chippewas of Nawash Unceded First Nation) were asked to vote on a proposal to host a deep geologic repository (DGR) close to the shores of Lake Huron on the site of the Bruce nuclear power station. The response of the band membership was a resounding no, with 1,058 no votes out of 1,232 total votes (170 voted yes, with four spoiled ballots).

“This vote was an historic milestone and momentous victory for our people,” said Ogimaa Lester Anoquot in a release following the vote on Saturday. “We worked for many years for our right to exercise jurisdiction in our territory and the free, prior and informed consent of our people will be recognized.”

Ontario Power Generation (OPG) spokesperson Fred Kuntz accepted the result, noting that “OPG respects the decision of the SON community. We followed the SON process. So we will uphold our 2013 commitment not to proceed with the DGR at the Bruce site without their support, and now we will move forward to develop an alternate solution.”

February 6, 2020 Posted by Christina Macpherson | business and costs, Canada | Leave a comment

An example of nuclear corporations conglomerate formed in desperate effort to promote Small Modular Nuclear Reactors

GE Hitachi Nuclear Energy and ČEZ Announce Small Modular Reactor Technology Collaboration in the Czech Republic. WILMINGTON, North Carolina—February 3, 2020—GE Hitachi Nuclear Energy (GEH) and ČEZ, a. s. (ČEZ), an integrated electricity conglomerate, have entered into a Memorandum of Understanding through which the companies have agreed to examine the economic and technical feasibility of potentially constructing a BWRX-300 in the Czech Republic…… https://www.powermag.com/press-releases/ge-hitachi-nuclear-energy-and-cez-announce-small-modular-reactor-technology-collaboration-in-the-czech-republic/

February 3, 2020 Posted by Christina Macpherson | business and costs, EUROPE | Leave a comment

Nuclear weapons- the USA bomb making companies are doing great!

The Cost and Composition of America’s Nuclear Weapons Arsenal 
Visual Capitalist January 29, 2020, By Nick Routley  
The American nuclear weapons arsenal is nowhere near its 1960s peak, but there are still thousands of warheads in the stockpile today.The U.S. nuclear program is comprised of a complex network of facilities and weaponry, and of course the actual warheads themselves. Let’s look at the location of warheads, how they’re deployed, and the costs associated with running and refurbishing an aging nuclear program.

Let’s launch into the data. [ Excellent graphs]

Nuclear Weapons Map……

Deployment Data……

America’s Nuclear Weapons Budget

The Congressional Budget Office (CBO) is required to project the 10-year costs of nuclear forces every two years.

Though much of the program is shrouded in secrecy, the budget below [on original] provides an overview of the costs of running America’s nuclear weapons arsenal…….

Back in the Bomb Business

Generally, we think of nuclear weapons stockpiles as a sunsetting resource, slowly being dismantled; however, since the treaty that ended the arms race collapsed in mid-2019, the flood gates may be opening once again.

New warheads are reportedly rolling off the production line, and in the beginning of this year, Lockheed Martin was tapped by the U.S. Navy to manufacture low yield submarine-based nuclear missiles…. https://www.visualcapitalist.com/cost-and-composition-of-americas-nuclear-weapons-arsenal/

February 1, 2020 Posted by Christina Macpherson | business and costs, USA, weapons and war | Leave a comment

Westinghouse will acquire the Rolls-Royce Civil Nuclear Systems and Services’ 11 locations in Canada, France, the United Kingdom and the United States.

Westinghouse Expands Nuclear Services & Capabilities With Acquisition Of Rolls-Royce Civil Nuclear Systems And Services,NEWS PROVIDED BY
Westinghouse Electric Company LLC CRANBERRY TOWNSHIP, Pa., Jan. 31, 2020 /PRNewswire/ — Today, Westinghouse Electric Company will complete the acquisition of Rolls-Royce’s Civil Nuclear Systems and Services business in North America and in select sites in Europe……

Through the transaction, Westinghouse will acquire the Rolls-Royce Civil Nuclear Systems and Services’ 11 locations in Canada, France, the United Kingdom and the United States. These sites support plant automation and monitoring systems, field services, manufacturing and engineering services as well as digital engineering services.   https://www.prnewswire.com/news-releases/westinghouse-expands-nuclear-services–capabilities-with-acquisition-of-rolls-royce-civil-nuclear-systems-and-services-300997009.html

February 1, 2020 Posted by Christina Macpherson | 2 WORLD, business and costs | Leave a comment

Surplus nuclear power has become an embarrassment. Inflexible baseload power no longer needed.

Weatherwatch: nuclear energy now surplus to needs, https://www.theguardian.com/news/2020/jan/27/weatherwatch-nuclear-energy-now-surplus-to-needs-renewable-energy, Baseload argument no longer true when large quantities of cheaper renewable energy available, Paul BrownTue 28 Jan 2020 
Some myths are hard to kill, especially when they once contained a grain of truth, and keeping outdated ideas alive might save a dying industry. Ministers, journalists and pro-nuclear politicians of all stripes keep repeating the mantra that baseload power is needed to keep the lights on when the wind does not blow and the sun does not shine.
In 2020 this statement is no longer true and excess baseload power is becoming an embarrassment. Nuclear power, so inflexible that it cannot be turned down or off, is surplus to requirements when large quantities of cheaper renewable energy are available. The need to accommodate nuclear power pushes up bills because windfarm owners are being paid to turn off turbines and avoid making unwanted free electricity.The problem of intermittency has not been completely cracked because the grid and technology needs updating to cope with the occasional shortfalls of renewables but batteries, pump storage, biogas turbines and other engineering tricks are rapidly solving the problem.

Out of earshot of the politicians, the question of what to do with all the surplus power when demand is low is being tackled by increasing storage capacity but also by making green hydrogen. Some nuclear buffs are even suggesting hydrogen production might be the only viable hope for using up their spare power.

January 30, 2020 Posted by Christina Macpherson | 2 WORLD, business and costs, politics | Leave a comment

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1 This Month

26 April – Chernobyl: Inside the Meltdown airs on National Geographic on Sunday 26th April from 4pm

29 April –  Nuclear Expert Webinar #1 – Radiation Impacts on Families with Mary Olson and Cindy Folkers

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  • Location: Virtual – REGISTER TODAY

4 May -West Suburban Peace Coalition to discuss Iran war at May Educational Forum

Monday, May 4, 7:00 – 8:00 PM Central Standard Time

Title: : How Trump’s Narrative Tries to Shape the Reality of the War on Iran.

Contact Walt Zlotow, zlotow@hotmail.com   630 442 3045 for further information 

14 May – online event From Bombs to Data Centres: the Face of Nuclear Colonialism

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Pine Ridge Uranium is the real threat, not Tehran- Tell Burgum: Stop the Extraction.

Chernobyl: The Lost Tapes – A good documentary on Chernobyl on SBS available On Demand for the next 3 weeks– https://www.sbs.com.au/ondemand/tv-program/chernobyl-the-lost-tapes/2352741955560

​To see nuclear-related stories in greater depth and intensity – go to https://nuclearinformation.wordpress.com

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