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Desperate times for the nuclear industry – could Australia be its saviour?

the number one goal of the nuclear lobby is to remove Australia’s national and state laws that prohibit the nuclear industry.

the campaign by the global nuclear industry, particularly the American industry, to kickstart another “nuclear renaissance”, before it’s too late.

Australia is the great ‘white’ hope for the global nuclear industry, Independent Australia, By Noel Wauchope | 19 November 2019, The global nuclear industry is in crisis but that doesn’t stop the pro-nuclear lobby from peddling exorbitantly expensive nuclear as a “green alternative”. Noel Wauchope reports.

The global nuclear industry is in crisis. Well, in the Western world, anyway. It is hard to get a clear picture of  Russia and China, who appear to be happy putting developing nations into debt, as they market their nuclear reactors overseas with very generous loans — it helps to have stte-owned companies funding this effort.

But when it comes to Western democracies, where the industry is supposed to be commercially viable, there’s trouble. The latest news from S&P Global Ratings has made it plain: nuclear power can survive only with massive tax-payer support. Existing large nuclear  reactors need subsidies to continue, while the expense of building new ones has scared off investors.

So, for the nuclear lobby, ultimate survival seems to depend on developing and mass marketing “Generation IV” small and medium reactors (SMRs). …..

for the U.S. marketers, Australia, as a politically stable English-speaking ally, is a particularly desirable target. Australia’s geographic situation has advantages. One is the possibility of making Australia a hub for taking in radioactive wastes from South-East Asian countries. That’s a long-term goal of the global nuclear lobby.   …..

In particular, small nuclear reactors are marketed for submarines. That’s especially important now, as a new type of non-nuclear submarine – the Air Independent Propulsion (AIP) submarine, faster and much cheaper – could be making nuclear submarines obsolete. The Australian nuclear lobby is very keen on nuclear submarines: they are now promoting SMRs with propagandists such as Heiko Timmers, from Australian National University. This is an additional reason why Australia is the great white hope.

I use the word “white” advisedly here because Australia has a remarkable history of distrust and opposition to this industry form Indigenous Australians…..

The hunt for a national waste dump site is one problematic side of the nuclear lobby’s push for Australia. While accepted international policy on nuclear waste storage is that the site should be as near as possible to the point of production, the Australian Government’s plan is to set up a temporary site for nuclear waste, some 1700 km from its production at Lucas Heights. The other equally problematic issue is how to gain political and public support for the industry, which is currently banned by both Federal and state laws. SMR companies like NuScale are loath to spend money on winning hearts and minds in Australia while nuclear prohibition laws remain.

Ziggy Switkowski, a long-time promoter of the nuclear industry, has now renewed this campaign — although he covers himself well, in case it all goes bad, noting that nuclear energy for Australia could be a “catastrophic failure“. ……

his submission (No. 41) to the current Federal Inquiry into nuclear power sets out only one aim, that

‘… all obstacles … be removed to the consideration of nuclear power as part of the national energy strategy debate.’

So the Environmental Protection and Biodiversity Conservation Act (EPBC Act) should be changed, according to Switkowski. In an article in The Australian, NSW State Liberal MP Taylor Martin suggested that the Federal and state laws be changed to prohibit existing forms of nuclear power technology but to allow small modular reactors.

Switkowski makes it clear that the number one goal of the nuclear lobby is to remove Australia’s national and state laws that prohibit the nuclear industry. And, from reading many pro-nuclear submissions to the Federal Inquiry, this emerges as their most significant aim.

It does not appear that the Australian public is currently all agog about nuclear power. So, it does seem a great coincidence that so many of their representatives in parliaments – Federal, Victorian, New South Wales, South Australia and members of a new party in Western Australia – are now advocating nuclear inquiries, leading to the repeal of nuclear prohibition laws.

We can only conclude that this new, seemingly coincidental push to overturn Australia’s nuclear prohibition laws, is in concert with the push for a national nuclear waste dump in rural South Australia — part of the campaign by the global nuclear industry, particularly the American industry, to kickstart another “nuclear renaissance”, before it’s too late.

Despite its relatively small population, Australia does “punch above its weight” in terms of its international reputation and as a commercial market. The repeal of Australia’s laws banning the nuclear industry would be a very significant symbol for much-needed new credibility for the pro-nuclear lobby. It would open the door for a clever publicity drive, no doubt using “action on climate change” as the rationale for developing nuclear power.

In the meantime, Australia has abundant natural resources for sun, wind and wave energy, and could become a leader in the South-East Asian region for developing and exporting renewable energy — a much quicker and more credible way to combat global warming. https://independentaustralia.net/politics/politics-display/australia-is-the-great-white-hope-for-the-global-nuclear-industry,13326

November 19, 2019 Posted by | AUSTRALIA, marketing, politics, politics international, USA | Leave a comment

The emerging potential new nuclear industry political scam

an emerging potential scam that could end up with ratepayers’ and federal taxpayers’ getting stuck with vast decommissioning and waste-management liabilities.
Does Nuclear Power Slow Or Speed Climate Change? Forbes,  Amory B. Lovins 17 Nov 19, 
“……….The previous six forms of payment were:1.     Taxpayers paid to create the nuclear industry, build its fueling infrastructure, and finance the reactor fleet via a vast array of often opaque and generally permanent federal subsidies that cost more than building the plants and more than the value of their output.

2.     Through generally regulated utility tariffs, customers paid for the plants’ construction and financing, including a just and reasonable return on capital.

3.     Customers paid over decades for the plants’ operation, including major repairs, power upratings, and safety upgrades.

4.     Many customers reimbursed owners for “stranded-asset costs” totaling upwards of $70 billion to support the owner-demanded transition to competitive wholesale markets.

5.     Over the past few years, when reactors generating 2 percent of U.S. electricity proved unable to compete in those wholesale markets (though most of their owners kept their finances secret and kept reporting profits to investors), the owners persuaded state legislators in Illinois, New York, New Jersey, Connecticut, and Ohio to vote billions of dollars a year for new multi-year operating subsidies.

6.     Exelon, the nation’s largest nuclear operator and the leading player in the previous two steps, successfully sought Federal regulatory approval for greater capacity payments from power pools whose auctions found nuclear power uncompetitive and whose own rules were thrown off-balance by the new state subsidies. And now, as the annual logrolling season of “tax extenders” rolls around in Congress:

7.     For the third year, Exelon is advancing a “Nuclear Powers America Act” to create a new federal investment tax credit on nuclear fuel and maintenance expenses to “help level the playing fuel with other clean energy sources”—whose temporary tax credits are meanwhile being phased down or out. This follows a longstanding pattern of giving different kinds of subsidies to renewables than to nuclear, then “leveling the playing field” by trying to duplicate renewables’ specific forms of subsidies with new ones for nuclear, but never the reverse.

This saga of selling the same hay seven times—and those clever lawyers aren’t done yet—doesn’t include many additional federal and state subsidies. It also doesn’t include an emerging potential scam that could end up with ratepayers’ and federal taxpayers’ getting stuck with vast decommissioning and waste-management liabilities. This emerging pattern has an LLC buy a closed reactor. Absent oversight or rules to stop misbehavior, the LLC could then choose to strip the accumulated customer-funded multi-billion-dollar cash decommissioning fund, not finish the job, and walk away, leaving the parent company whole and electricity customers or taxpayers holding the bag. Watch this space.

Exelon’s proposed “nuclear investment tax credit” has ingenious new features:

–         By redefining normal accounting categories so fuel becomes a capital investment, it repays utilities for an “investment” that’s really just a normal operating cost—thus trying to make nuclear operating costs look small by shifting much of them to taxpayers.

The nuclear operating costs it covers have no counterpart for renewables (fuel, nuclear waste management, protection against catastrophic releases of radioactivity), or almost none (operation & maintenance costs), so a tax credit for them would specifically advantage nuclear against renewables.

–         Nuclear owners may be able to double-dip, collecting the new federal subsidy and new state subsidies for the same plants and thus turning dead dinosaurs into juicy cash cows.

–         There’s virtually no “means test”: the new federal subsidy would apply to about 95% of US operating reactors, including those that the industry claims are currently profitable.

–         The proposed legislation, obscurely written in tax-law jargon, appears to be a 30% tax credit (phasing down to 26% in 2024, 22% in 2025, and a permanent 10% in and after 2026), and to cost ~$22–26 billion over the first decade, or ~$33 billion counting the crowding-out of cheaper competitors. Every billion dollars thus bilked from taxpayers is unavailable to provide more electrical services and save more carbon by cheaper means.

–         By further distorting the delicate balance between federal, regional, and state regulation, the subsidy seems tailored to weaken or destroy the efficient regional power markets where renewables beat nuclear power. The goal is thus to pay nuclear power for values it doesn’t deliver, while blocking its most potent competitors from continuing to provide the values they do deliver.

–         Unlike renewable credits that have helped to mature important new technologies, the nuclear credit would elicit no new production, capacity, or innovation. It would simply transfer tens of billions of dollars to the owners of uncompetitive nuclear assets bought decades ago—if they apply for license extension by 2026, as nearly all have done.

This covert attack on renewables is logical because renewables are now the supply-side competitor nuclear must beat but can’t. The nuclear industry is reluctant to admit that renewables are a legitimate competitor, since this would contradict its claims that renewables can’t supply reliable power. Renewables, unlike nuclear power, are also widely popular. Nuclear advocates therefore tend to blame their woes instead on cheap natural gas. However, new and often even existing combined-cycle gas-fired power plants no longer have a business case: a September 2019 study found that at least 90% of the 88 proposed US gas-fired plants are pre-stranded assets. ………https://www.forbes.com/sites/amorylovins/2019/11/18/does-nuclear-power-slow-or-speed-climate-change/#5b47c988506b

November 18, 2019 Posted by | business and costs, politics, USA | Leave a comment

Hinkley Point C nuclear, a super-expensive project for a dubious short term gain

This is the West Country 17th Nov 2019, Stop Hinkley spokesman Roy Pumfrey questions whether the economic boost from Hinkley C is worth the cost   I get tired of reading how easily impressed councillors are when they visit the giant incomplete building site that is HPC.
Why does Cllr Ann Bown assume that we all think the
“biggest economic boost” is necessarily a good thing when it is also hugely
problematic and costly for anyone not directly involved? In our case,
economic growth also means a host of problems. There are more traffic jams
all around gridlocked Bridgwater. I’d like to travel from Bridgwater to
Taunton using the Taunton Road, but that simply adds 30 minutes to the
journey time.
Air and light pollution (if you live on the ‘Dark Side’ of the Quantocks, try a trip to a summit on a cloudy evening to see what I mean) have increased as a result of HPC. Rents, particularly of one-bedroom properties anywhere close to the HPC bus routes, have gone sky high due to well-paid HPC contractors and one wonders what the seven hotels built or in the pipeline will become after the HPC Gold Rush is history.
And it will be electricity consumers from Lands End to John O Groats who will have to fund this excessively expensive project to the tune of around £50bn over the next 35 years. That assumes that HPC ever works, unlike its sister reactors in Finland and France, both massively over-budget and years behind
schedule.
Instead of uncritically absorbing EDF’s spin on the project, councillors and council officers should be asking EDF why they pretended for over a year that all was going well when, in fact, they must have known that ‘challenging ground conditions’ and ‘bad weather’ meant that the cost was rising by another £2.9billion and further delay was inevitable.
A massive house retrofit programme across the south-west, for instance, would also be a big economic boost for the region, but a much more sustainable investment with the benefits accruing to ordinary consumers.
When Cllr Bown has finished closing her eyes to the problems Hinkley C poses and taking in pro-nuclear fantasies, perhaps she can open
\ them to the reality of the massive hazard an untried new nuclear power
station running adjacent to her constituency represents.
Building a new  nuclear power station with a sixty year life span on a vulnerable coastline with the latest concerns about sea level rise is a gamble. People need to think about the legacy being left for their grandchildren before talking about ‘progress’ and short term ‘economic boosts’.

https://www.thisisthewestcountry.co.uk/news/somerset_news/18041205.letter-economic-growth-hinkley-c-worth-costs/

November 18, 2019 Posted by | business and costs, politics, UK | Leave a comment

Confusion in UK over Jeremy Corbyn’s nuclear weapons policy

What is Jeremy Corbyn’s nuclear weapons policy? The Week, Nov 18, 2019   Labour leader has been quizzed again on future of Trident. Jeremy Corbyn’s position on nuclear weapons is back in the headlines after he refused to rule out scrapping Trident as part of a post-election deal with the Scottish National Party.

Asked on The Andrew Marr Show whether he would scrap Trident, the Labour leader said: “I think the SNP would actually agree with me… that the priority has to be giving realism to the nuclear non-proliferation treaty, giving realism to the six-party talks in Korea, giving realism to the whole question of non-proliferation of nuclear weapons.”

Pressed further on the matter, he replied: “Obviously if you went into non-proliferation treaty discussions then clearly every country’s nuclear weapons go into that equation.” ……. https://www.theweek.co.uk/104380/what-is-jeremy-corbyn-s-nuclear-weapons-policy

November 18, 2019 Posted by | politics, weapons and war | Leave a comment

Jeremy Corbyn could scrap UK’s nuclear weapons, in deal with Scottish National Party

November 17, 2019 Posted by | politics, UK, weapons and war | Leave a comment

The plight of Fukushima nuclear workers getting leukaemia

November 16, 2019 Posted by | employment, health, Japan, media, politics | Leave a comment

Trump picks another lackey of the coal and nuclear industries as US Energy Secretary

Trump energy pick faces questions on coal, nuclear power

Timothy Gardner, WASHINGTON (Reuters) 15 Nov 19 – President Donald Trump’s pick to run the U.S. Energy Department faced questions on emissions from energy operations and the future of nuclear power at his U.S. Senate confirmation hearing on Thursday, but was greeted warmly by senators from both parties who want to see him quickly confirmed.

Dan Brouillette, 57, a former lobbyist at Ford Motor Co and Louisiana state energy regulator, would replace Rick Perry, who has said he is stepping down on Dec. 1.

Perry became known as one of the “three amigos” in a side-channel Ukraine policy led by Trump’s personal lawyer, Rudy Giuliani, that has been at the center of the Trump impeachment probe. But Perry has said he was not involved in any conversations where former Vice President Joe Biden was brought up…….

If, as expected, he is confirmed by the Senate Energy Committee and then by the full Senate, Brouillette will work to carry out Trump’s “energy dominance” agenda of boosting U.S. production of oil and natural gas.

Brouillette told Republican senators from Wyoming and Louisiana that he supports technology on curbing climate change by capturing and storing underground carbon dioxide from coal and natural gas facilities, adding that fossil fuels would power a large portion of global energy needs for the next 40 to 50 years…….

Brouillette also said he wants to support development of advanced nuclear power plants, hopefully one day bringing microreactors that provide relatively small amounts of power to remote places like rural Louisiana, where he was born, to Alaska. ……

Democratic senators not on the Energy Committee, including Ed Markey and Tim Kaine, sent Brouillette a letter on Wednesday asking whether he supported nonproliferation standards in any deal on sharing U.S. nuclear power technology with Saudi Arabia, a question he will likely continue to face if he is confirmed.

Reporting by Timothy Gardner; Editing by Peter Cooney and Tom Brown https://www.reuters.com/article/us-usa-trump-energy/trump-energy-pick-to-face-questions-on-coal-nuclear-power-idUSKBN1XO1OH

November 16, 2019 Posted by | politics, USA | Leave a comment

Before he’s even in the job, USA’s new Energy Secretary Dan Brouillette is busily promoting SMRs for his REAL bosses, the nuclear industryg

Could tiny nuclear reactors power Alaska villages?

By Liz Ruskin, Alaska Public Media November 14, 2019 President Trump’s nominee to be the next secretary of energy says he would continue the quest to develop mini nuclear reactors that could one day power communities in rural Alaska.

“We want to get to a place where we can develop small micro-reactors, one to five megawatts,” Dan Brouillette said Thursday at his confirmation hearing in the U.S. Senate Energy Committee. …..

Brouillette is now the deputy secretary. He told Murkowski there’s reason to be optimistic about the development of reactors that are a fraction of the size of those in use today. ….. https://www.alaskapublic.org/2019/11/14/energy-secretary-nominee-says-tiny-nuclear-reactors-could-power-alaska-villages/

November 16, 2019 Posted by | marketing, politics, USA | Leave a comment

France considering building 6 new EDF nuclear reactors at a cost of at least 46 billion euros ($51 billion)

France’s EDF expects six new nuclear reactors to cost 46 billion euros: Le Monde, PARIS (Reuters) 11 Nov 19 – French power utility EDF estimates it would cost at least 46 billion euros ($51 billion) to build six of its latest generation EPR nuclear reactors if the government decides to build them, French newspaper Le Monde reported on Saturday.The estimate was in a confidential document presented to the board of state-controlled EDF at the end of July, it said.

The EPR model is the latest generation reactor being built by EDF, with complex engineering and enhanced safety features put in place after the Fukushima nuclear meltdown in Japan.

However, the Flamanville EPR reactor under construction in northern France has been plagued by cost overruns and a series of technical problems resulting in years of delays.

EDF, in which the state has an 84% stake, said in October the project which began in 2006 would cost 1.5 billion euros more than previously expected, raising the total cost to 12.4 billion euros.

November 12, 2019 Posted by | business and costs, France, politics | Leave a comment

A UK Labour govt would make ‘collective’ decision over use of nuclear weapons?

November 12, 2019 Posted by | politics, UK, weapons and war | Leave a comment

Scottish National Party could want scrapping of Trident nuclear system, in return for co-operating with minority Labor government

Blackford signals scrapping Trident could be part of SNP ‘wish-list’ for supporting Corbyn Govt, Herald Scotland By Michael Settle, 10th November UK Political Editor SCRAPPING Trident could be part of a “wish-list” the SNP will set out for co-operating with a minority Labour Government, Ian Blackford has signalled.

The Nationalist leader at Westminster stressed how Britain should not be investing in weapons of mass destruction.

Questioned about whether the issue of Trident would stop the SNP holding negotiations with another political party in the case of a hung parliament, Mr Blackford said the SNP had been “pretty consistent” that they did “not wish to see nuclear weapons” on Scottish soil.

He explained how his party would “come up with a wish-list” of policies they would want to secure for a potential confidence and supply deal with a future UK Government…….

The SNP’s parliamentary candidate for Ross, Skye and Lochaber described Britain’s nuclear arsenal as “not fit for purpose,” explaining: “The simple fact of the matter is I’m not sure that we’re taking our responsibilities for conventional defences as seriously as we should be doing and to waste up to £200 billion on these weapons of mass destruction that can never be used is a fallacy.”

During campaigning last week, Nicola Sturgeon made clear she wanted nuclear weapons removed from Scotland “as soon as it is safely possible”.  The First Minister explained: “When we’re talking about nuclear weapons, safety has to be the primary consideration but the SNP is implacably opposed to nuclear weapons.”

The First Minister explained: “When we’re talking about nuclear weapons, safety has to be the primary consideration but the SNP is implacably opposed to nuclear weapons.”……..

Although Jeremy Corbyn is well-known as being personally opposed to Britain retaining nuclear weapons and Scottish Labour has come out against Trident, the UK Labour Party backs the policy and included support for renewing the nuclear arsenal in its last manifesto……. https://www.heraldscotland.com/news/18026979.blackford-signals-scrapping-trident-part-snp-wish-list-support-corbyn-govt/

November 11, 2019 Posted by | politics, UK | Leave a comment

Philippines not prepared for the dangers of nuclear energy

Philippines unprepared for nuclear energy: Senate energy panel chair,  https://news.abs-cbn.com/business/11/06/19/philippines-unprepared-for-nuclear-energy-senate-energy-panel-chair, Katrina Domingo, ABS-CBN News, Nov 06 2019  MANILA – The Philippines is “not ready” to use nuclear power as an energy source, a senator said Wednesday, adding more should be done to prepare for potential risks.

The Department of Energy announced recently its plan to draft a national nuclear program, which the Senate Energy Committee, chaired by Sen. Sherwin Gatchalian, will investigate.

“Saan natin itatapon ang nuclear waste? Pag may leakage ano ang gagawin natin? Meron ba tayong capability? Handa ba tayo in case of a nuclear leak?” he told reporters.

(Where will we dump nuclear waste? What will we do in case of a leak? Do we have the capability? Are we ready in case of a nuclear leak?)

The DOE should be more transparent about the benefits of harnessing nuclear power before it drafts a nationwide plan. Coal and solar are cheaper alternatives, he said.

“Nuclear energy is a very controversial source of energy dahil ang risk ay napakataas (because the risk is very high),” he said.

The government is eyeing the deployment of modular nuclear plants to some islands where electricity supply is low, Energy Sec. Alfonso Cusi earlier said.

The Philippines also signed a memorandum with Russia’s state-owned Rosatom for a pre-feasibility study for nuclear power plants.   President Rodrigo Duterte “wants to learn more” about nuclear power, which could lower electricity prices and stabilize supply, Cusi said.

“We are hungry for power and we will tap any sources that would satisfy our own needs now,” he said.

November 11, 2019 Posted by | Philippines, politics | Leave a comment

Iran building a second nuclear reactor at Bushehr plant

November 11, 2019 Posted by | Iran, politics | Leave a comment

Boris Johnson and the UK plan for nuclear fusion

Boris Johnson’s   nuclear energy pledge backed by UK firm with ‘answer to world’s problem’ By CALLUM HOARE. Express UK, Nov 5, 2019  A UK firm has pledged to build on Boris Johnson’s plans to take the “big step” in treading the path for nuclear energy which the Prime Minister claimed will be on sale “around the world” during the Conservative Party conference in Manchester.

Last month, Mr Johnson tabled £220million over the next four years towards the design of a commercially viable fusion power station in the UK with the hope to supply the world with renewable energy starting in 2024. Also known as star fusion, the breakthrough is a form of renewable electric power generation created during the same fusion process of a star – and it could “save the world”. In October, Business Secretary Andrea Leadsom announced the Government’s new funding package – the Spherical Tokamak for Energy Production (STEP) during a visit to the site in Culham, Oxfordshire.  ……..Currently, the Joint European Torus (JET) is the world’s largest operational facility located at the Fulham Centre for Fusion Energy in Oxfordshire, where scientists work around the clock to scrutinise the technology.

JET was built by an international consortium in 1983, which formed the nucleus for the EU’s contribution to the International Thermonuclear Experimental Reactor (ITER) – a megaproject which will open in Saint-Paul-Les-Durance, France, in 2025………
However, UK firm Pulsar Fusion is already ahead of the game, CEO Richard Dinan told Express.co.uk. ……..

The only thing that’s going to restrict us is capital.

“To an investor – no one wants to invest in fusion for safety, it’s very high risk – don’t worry about cracking fusion, it’s about cracking the finance.”

Pulsar Fusion recently opened up the UK’s biggest nuclear fusion centre in a secret location near Bletchley, Buckinghamshire.

Mr Dinan is confident his company will, during the next few months, create matter hot enough to replicate the temperature of the Sun in the UK.

A vacuum chamber will form the heart of the reactor and it is claimed it could soon reach temperatures above 100 million degrees Celsius.

November 11, 2019 Posted by | politics, technology, UK | Leave a comment

UK firms given £18m for mini nuclear power stations

November 9, 2019 Posted by | politics, UK | Leave a comment