Aging nuclear power plant too costly to clean up
Potential for another meltdown? Nuclear Reaction 29 Dec 09 Debate over the future of the Vermont Yankee nuclear power plant has developed into a complex game of chicken between executives with Entergy Nuclear Vermont and Democratic leaders of the state Legislature. Entergy, which has owned the Vernon facility since 2002, says if it does not win approval for its plan to sell Vermont Yankee and five other nuclear power plants to a spin-off company called Enexus, it will likely close the Vermont nuclear plant as scheduled in 2012. Continue reading
Russia planning lucrative uranium deals with USA
Russia sees 2010 uranium deals with U.S. utilities
MOSCOW, Dec 25 (Reuters) by Dmitry Solovyov; Editing by Mike Nesbit– Russia’s state uranium trader Techsnabexport (Tenex) will sign next year at least three deals worth around $1 billion to supply uranium directly to U.S. utilities, Russia’s state nuclear firm Rosatom said on Friday. Continue reading
Nuclear energy – a continuing blowout in costs
Nuclear economics just don’t add up Sydney Morning Herald MICHAEL R. JAMES December 24, 2009 -“………………..the first-build of the most evolved advanced model in production, Areva’s EPR, which was supposed to be simpler, more efficient, cheaper and faster to build. In Finland’s Olkiluotu a 50 per cent blowout in costs (to $US6.4 billion so far, lawsuits pending) and doubling in construction time (from 3.5 years to at least seven years) is typical of nuclear projects over the decades. Continue reading
Nuclear resurgence just not really happening
Nuclear economics just don’t add up Sydney Morning Herald MICHAEL R. JAMES December 24, 2009 -……………………..Contrary to the claims of a nuclear resurgence in Europe and the world, it is far from certain how much of Europe will actually implement their plans. Most nuclear plants under construction are in Asia, principally China (15 plants), India (six), South Korea (five) and Russia (nine). Continue reading
USA’s nuclear energy prospects are uncertain, despit govt boost
the forthcoming loan guarantees amount to only $18.5 billion, and the nuclear industry says it needs tens of billions more.
Nuclear Power, Long Dormant, Gets Wake-Up Call
The New York Times By MATTHEW L. WALDDecember 23, 2009WASHINGTON — When experts on power grid reliability asked themselves recently how a cleaner energy future would look, seven of eight regional councils imagined how their systems would work with 10 percent wind power.
Only one, representing the southeastern United States, chose a radically different option: doubling nuclear power capacity. Continue reading
Spain extending nuke plants, with no radioactive waste solution
The country’s nuclear power stations no longer have room to store much more than the 6,700 tonnes of spent fuel rods they have accumulated.
Spain mulls extending nuclear plant working lives Reuters 23 Dec 09 – “……………..Although the Socialist government had recently suggested it would extend the plants’ working lives, it has also repeatedly said it will not support building new ones. Continue reading
Arizona nuclear reactor closing permanently
Univ. of Ariz. plans to shut down research reactor Google News By BOB CHRISTIE (AP)22 Dec 09 The University of Arizona plans to shut down its 51-year-old nuclear reactor by mid-2010, ending a half-century of specialized nuclear research and training at the Tucson school.The writing has been on the wall for the reactor’s demise since the late 1990s, said the professor who runs the UA Nuclear Research Lab. That’s when falling demand for nuclear engineers led the university to end specialized degree programs that had fed hundreds of engineers into the nuclear Navy and private nuclear industry.The reactor’s license from the Nuclear Regulatory Commission expires next year, and with a rigorous re-licensing process, the decision was made to shut the reactor down.
Nuclear energy not cheap, not clean,
NUCLEAR’S contribution in easing climate change is “too little, too late,” the anti-nuclear group Greenpeace said. Continue reading
India going into big debt for nuclear power program
India’s Nuclear Power Plans to Borrow $6.5 Billion By Archana Chaudhary Dec. 17 (Bloomberg) –– Nuclear Power Corp. of India, the nation’s monopoly atomic generator, plans to borrow as much as $6.5 billion to fund six new reactors. The state-run company will raise about 140 billion rupees ($3 billion) from loans and bonds to build four 700-megawatt plants, Chairman Shreyans Kumar Jain said in a phone interview from Mumbai today. It will also seek about $3.5 billion in loans for two 1,000-megawatt reactors it’s developing in Kudankulam with Russia’s Rosatom Corp., he said…… Continue reading
Canadian uranium mill suspended indefinitely
Denison to suspend McClean uranium mill next year To put mill on “care and maintenance” TORONTO, Dec 15 (Reuters) – Denison Mines (DML.TO) said on Tuesday it will suspend the McClean Lake uranium processing mill in mid-2010, following the halting of nearby uranium projects that were destined to supply it with ore…………. The company said the mill will retain staff to maintain it and keep it ready to restart if one of the projects comes on line.
France to boost its nuke industry, seeks foreign investors
France seeks foreign cash to grow nuclear sector
PARIS, Dec 14 (Reuters) By Nina Sovich – France pledged 1 billion euros ($1.5 billion) to support next generation reactor design and said it would seek foreign capital to back its move to the forefront of nuclear energy expansion.
The investment is part of a 35 billion-euro spending plan French President Nicolas Sarkozy Sarkozy unveiled on Monday aimed at improving France’s competitiveness. ………………. The French government, which owns majority stakes in both nuclear reactor maker Areva (CEPFi.PA) and utility giant EDF (EDF.PA), is trying to position France as the market leader in designing and running these power plants…………… To fund these costs, the French government recently asked Areva to sell its electricity business for some 4 billion euros. It has also invited foreign utilities to take stakes in new plants being built in France…………………..
Last month Proglio blasted French energy companies bidding on a contract to build nuclear power plants in Abu Dhabi for its lack of coherence.
US firms charging India high nuclear prices
‘US, European firms quoting higher prices for nuclear equipment’ Business Standard Press Trust of India / New Delhi December Dec 12, 2009 The government today indicated its preference for buying nuclear power equipment for the country’s atomic power projects from Russia, saying US and European companies are quoting higher prices…… Continue reading
Flat outlook for uranium price
Half-hearted uranium price response to Olympic Dam incident
TORONTO – The uranium spot price firmed in October, after BHP Billiton reported an accident at its Olympic Dam copper/uranium mine mine, in Australia, but has failed to find support at the higher level, Australian equity research firm Resource Capital Research (RCR) commented on Friday. Continue reading
US firms push for India to cover nuke accidents
This legislation specifies that legal jurisdiction in the event of an accident will lie within India. US nuclear firms close in on Indian market Business Standard Ajai Shukla / New Delhi December 11, 2009, Stakes in India’s nuclear power generation programme are among the highest in the world………. Continue reading
Why don’t they count radioactive wastes in nuclear costing?
Christina Macpherson's websites & blogs
In today’s news we learn that the USA’s existing nuclear wastes could cost $225 billion. Of course, the government is up for these costs, not the nuclear industry. So somehow – well, then, the pretty well eternal waste storage and security is not part of the costing for nuclear power!
That’s a pretty nice bit of sleight of hand, isn’t it? But the non-democracies do it even better. Nobody has any idea what are the real costs of France, Russia, China’s nuclear wastes, nor who actually ends up paying for them.
1 This Month
PLEASE OPPOSE HR 8255 AND S.3639 – bills would accelerate satellite deployment, with no environmental review or safeguards – https://ncstd5li.quorum.us/campaign/169331/
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