Company abandons plan to import nuclear waste
Utah firm withdraws nuke waste import application The Daily Caller – 07/26/2010 SALT LAKE CITY (AP) — Salt Lake City-based EnergySolutions Inc. has withdrawn its application to import up to 20,000 tons of low-level radioactive waste from Italy.The company sent the Nuclear Regulatory Commission a letter requesting its application be withdrawn on Friday.Instead, the company says it will try to help build and manage overseas disposal sites.The application to import the waste and dispose it in Utah was opposed by two Utah governors. The U.S. House also passed a bill banning the importation of low-level radioactive waste. The bill is stalled in the Senate….
French govt tries to settle nuclear power companies’ brawl
“Knives are out, the fight is far from being over,” a person familiar with the matter told Dow Jones Newswires.
‘Knives Are Out’ in French Nuclear Spat – WSJ By Geraldine Amiel, July 28, 2010 The French government Tuesday announced a far-reaching alliance between state-controlled utility Electricite de France and state nuclear engineering group Areva, that makes EDF Chairman and Chief Executive Henri Proglio the country’s undisputed nuclear team leader. Continue reading
Dim future for nuclear energy in South Africa
with the global economic slowdown, things have not improved much. Investments are not forthcoming from international lending banks.
South Africa still in pursuit of its nuclear future | The Energy Collective July 27, 2010 Pebble Bed project is shut down. Future reactor investments up in the air.This is not a good time to be looking to invest in nuclear energy in South Africa. Continue reading
Uranium processing costs higher than estimated
The range was significantly higher than the informal federal estimate of $1.4 billion to $3.5 billion for constructing the planned Uranium Processing Facility...
Senator Says Uranium Plant Could Cost Billions More Than Planned NTI: Global Security Newswire, July 27, 2010 U.S. Senator Bob Corker (R-Tenn.) yesterday suggested the expense of building a highly enriched uranium processing center at the Y-12 National Security Complex in Tennessee might ultimately amount to between $4 billion and $5 billion, the Knoxville News Sentinel reported. (see GSN, Oct. 29, 2009).
The range was significantly higher than the informal federal estimate of $1.4 billion to $3.5 billion for constructing the planned Uranium Processing Facility……In a July 6 letter to Deputy Energy Secretary Daniel Poneman, acting Government Accountability Office head Gene Dodaro said his agency believed the plant’s cost might reach or surpass the $3.5 billion threshold, the Nuclear Weapons and Materials Monitor reported (Frank Munger, Knoxville News Sentinel II, July 26)………
EDF takeover in France’s nuclear empire?
it has ambitions to dominate the global market, building its latest-generation EPR reactor around the world and introducing it next-generation reactor ATMEA.
French Govt: EDF, Areva In Strategic Nuclear Partnership – WSJ.com-By A.H. Mooradian and Geraldine Amiel, Dow Jones Newswires;PARIS 27 July 2010, –The French government Tuesday announced a far-reaching alliance between State-controlled utility giant Electricite de France (EDF.FR) and State nuclear engineering group Areva SA (CEI.FR), Continue reading
Safety problems add to costs, overruns, in AREVA’s new nuclear plants
Areva, the state-controlled French nuclear engineering company, is already battling construction delays and cost overruns at both Flamanville and Olkiluoto, in Finland, where it is building the first of its EPR plants.
Safety Fears Raised at French Reactor, NYTimes.com, By PATRICIA BRETT July 26, 2010, PARIS — Anti-nuclear activists are seeking to halt construction of France’s latest-generation nuclear power plant at Flamanville, on the Normandy coast, arguing that changes introduced to solve problems with the reactor’s fuel pellet cladding have invalidated the plant’s original building permit. Continue reading
Uranium processing costs soar
there are still “significant” issues hindering DOE from bringing projects to completion on time and within budget.
More questions about cost of UPF, Frank Munger’s Atomic City Underground | knoxnews.com, 26 July 2010, Todd Jacobson of Nuclear Weapons & Materials Monitor is reporting that the Government Accountability Office is raising concerns that the cost of the Uranium Processing Facility at Y-12 may reach or even exceed the top end of current estimates ($1.4 billion to $3.5 billion). Continue reading
New Brunswick – more delays on nuclear power plant
N.B. government asks feds to comment on nuclear delay – CTV News. The Canadian Press Jul. 26, 2010 FREDERICTON — New Brunswick’s energy minister says there are rumours of further delays in the refurbishment of the Point Lepreau nuclear power plant Continue reading
Uranium industry ignoring the market’s gloomy realities
“Despite the low spot and term prices, uranium producers have shown almost no discipline by reducing current or planned output,”…Despite falling uranium prices, worldwide spending on exploration and mine development grew 133 per cent to $1.6-billion in 2008 from 2006, a
Rising uranium demand still can’t outpace supply, Brenda Bouw. CTV News , 22 July 2010, Uranium was all the rage during the last mining boom, when supply shortages spurred investors to drive up the price to record highs.Instead, in a repeat of a uranium runup in the late 1970s, the hype proved overblown, sending prices down sharply and leaving a glut of the silvery element on the market. Continue reading
Uranium prices set for further fall
Uranium Prices Have `Limited Upside’ With Market in Surplus, CRU Forecasts, Bloomberg, By Anna Stablum – Jul 21, 2010 Uranium supplies will exceed demand through 2012 and there is “limited upside” to prices for at least six months, London-based research company CRU said. Continue reading
Global uranium, nuclear industry in serious trouble – Australian Senator
“Recently we have been hearing a lot about ‘surging uranium prices’ and a ‘global nuclear renaissance’ but you only need to chart uranium miners’ share prices and the world uranium price to see the reality is strangely at odds with the hype,” Senator Ludlam said.“The year started with BHP Billiton cutting estimated production from its proposed Yeelirrie project by a third, Mega Uranium delaying commencement of its proposed Lake Maitland project by two years and Toro Energy dropping plans to mine uranium at Napperby in the Northern Territory.
“Worldwide, the global civil nuclear industry is in serious trouble and nuclear weapons disarmament negotiations are suppressing world uranium prices.
“The Australian Greens continue to be the one political party that opposes uranium mining and nuclear energy at a State and Federal level.”Greens step up anti-uranium mining campaign, 21st July 2010, Australian Greens Senator Scott Ludlam will deliver a straightforward message to uranium miners and investors at the Australian Uranium Summit in Fremantle today
“The industry remains unsafe, unwanted and uneconomic. Pursuing investments in this least sustainable of industries will end in tears,” Senator Ludlam said……. Continue reading
Nuclear power for Malaysia not looking likely
“Maybe if the people will agree to it, if there’s a location for it, there’s an acceptable area for it, it should be considered,”
Too many ‘ifs’ in floater to put up a nuclear plant, Business Insight Malaya | National, BY JOCELYN MONTEMAYOR, 20 July 2010, ENERGY Secretary Jose Rene Almendras yesterday said the government is looking at putting up a nuclear power plant to address the long-term power needs of the country. Continue reading
AREVA’s Olkiluoto nuclear reactor a total financial disater
“It’s a total disaster for Areva,” Schneider says. Areva will have to sell another 12 reactors to cover the cost overruns thus far or else French taxpayers will,”
Nuclear Energy Steals Billions from Other Technologies « Stephen Leahy, International Environmental Journalist, w2w0 July 2010, “…..The other reason is the French.France gets about 77 percent of its power from 58 reactors and is often cited as the model for other countries. “France is a special case. The entire industry is 85 percent owned by the government,” says Mycle Schneider, a Paris-based energy and nuclear policy analyst.
The industry gets direct and indirect subsidies, government loans and loan guarantees “on practically anything they want”, Schneider told IPS. Continue reading
Weak uranium market
DJ MARKET TALK: Uranium Weakness Drags Paladin Dow Jones Commodities Service 19 July 2010, RBS downgrades Paladin Energy (PDN.AU) to Sell from Hold, target price moved to A$3.20 vs previous A$3.52 and yesterday’s A$3.61 close after June quarter production report. ….. “We would need to see some life in the spot uranium market to change our investment view on PDN, as the stock is likely to go sideways or down while the uranium market remains weak.” (david.fickling@dowjones.com)
Despite public opposition, Turkish govt opts for uneconomic nuclear reactors
the economics of the deal are pitiful. Tetas, the Turkish grid company, is committed to a 15-year deal to buy electricity from the reactors at a price of US$124 per megawatt hour. That, unbelievably, is more than double the market prices for electricity across the EU right now. So much for nuclear power being affordable and competitive.
Turkish Parliament votes for nuclear madness | Greenpeace International, 17 July 2010, Well, they did it. Despite 170,000 people expressing their opposition, the Turkish Parliament yesterday voted in favour of the agreement between Turkey and Russia to build four nuclear reactors at Akkuyu on Turkey’s Mediterranean coast. Continue reading
1 This Month
22 June – Virtual Event –Climate Change: New Data, New Debate
Monday, June 22, 2026 2:30 p.m. – 3:15 p.m. CT
YouTube. Register here
Protect Sazan Island from the Trump family! https://secure.avaaz.org/campaign/en/protect_sazan_island_from_the_trump_family_loc/?bqFCVab&v=174511&cl=22707147157&_checksum=5e9dde668860e8231c33699735e16a1fbf22ab2cb01da50c999fe8732b9775ef&utm_source=email&utm_medium=blast_email&utm_campaign=174511
25 June- THE PUKE ON NUKES
Thursday, June 25, 2026
7pm Central Time (8pm ET, 6pm MT, 5pm PT) UTC – 5
From NRC & DOE Deregulation to Techno-Fascist Billionaires Going Nuclear, Plus a Few Songs from Atomic Cabaret REGISTER
26 June – Radiation Trainwreck at the NRC / Join the Protect Better Campaign – https://us02web.zoom.us/meeting/register/4ZlZ5_qLSHGiLSCg8FF6Bg#/registration
Cuba Is Not a Failed State – It Is a Besieged State
PETITION: “Global Appeal to Endorse Palestinian Right of Return of Refugees”
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