Why US Opposes Efforts to Keep Space Weapons-Free
https://sputnikglobe.com/20240521/why-us-opposes-efforts-to-keep-space-weapons-free-1118569943.html
The United Nations Security Council failed to adopt a resolution drafted by Russia on prevention of weapon deployment in space this week, with seven countries – including the United States and Britain – voting against it.
The United States and Britain’s move to block a Russian draft resolution in the UN Security Council aimed at preventing an arms race in space stem from the US’ unwillingness to let Russian and Chinese initiatives to ban space weapons succeed, Dmitry Stefanovich from the Moscow-based Institute of World Economy and International Relations at the Russian Academy of Sciences says.
While Russia and China, as well as a number of other countries, insist on adopting a legally binding document that would ban the very concept of stationing weapon systems in space, Western powers such as the US want the situation where anyone can deploy anything they want in space as long as their behavior is deemed correct, he explains.
Therefore, the West is promoting the concept of restricting what spacecraft can do in space whereas the Russo-Chinese approach is to prohibit sending weapons into space, Stefanovich surmises.
Regarding speculation about the possible deployment of nuclear weapons in Earth’s orbit, Stefanovich points out that the United States currently enjoys a distinct advantage in the “dual-use space infrastructure,” i.e. spacecraft and satellites that can be used for both commercial/scientific and military purposes.
Since destroying large satellite constellations through conventional means, one by one, would seem a daunting task, it begets concerns that nuclear weapons might be used to accomplish such tasks, he explains.
Stefanovich also lamentas that any progress in resolving concerns about weapon deployment in space that was made in the past few years was essentially undone amid the ongoing conflict between the West and Russia, as well as the confrontation between the United States and China.
“Currently, everyone is looking for a way to weaken their adversary rather than for some kind of mutually acceptable solution,” he says.
Tech firms claim nuclear will solve AI’s power needs – they’re wrong
Some AI firms think nuclear power can help meet the electricity demand from Silicon Valley’s data centres, but building new nuclear power stations takes too long to plug the gap in the short term
New Scientist, By Jeremy Hsu, 16 May 2024
Silicon Valley wants to use nuclear power to support the energy-hungry data centres that help train and deploy its artificial intelligence models. But realistic timelines show that any US nuclear renaissance will have at best a limited impact during a period of fast-rising electricity demand.
Global electricity usage from data centres is already on track to double by 2026. In the US, data centres represent the fastest-growing source of energy demand at a time when the country’s……………………… (Subscribers only) https://www.newscientist.com/article/2431828-tech-firms-claim-nuclear-will-solve-ais-power-needs-theyre-wrong/
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Mini-Nukes, Big Bucks: The Interests Behind the Small Modular Reactor Push
Scandal-ridden SNC-Lavalin is playing a major role in the push for SMRs.
Then there’s Terrestrial Energy
the Breakthrough Energy Coalition (BEC) no longer makes its membership public, the original coalition included such familiar names as Jeff Bezos (Amazon), Marc Benioff (Salesforce), Michael Bloomberg, Richard Branson, Jack Ma (Alibaba), David Rubenstein (Carlyle Group), Tom Steyer, George Soros, and Mark Zuckerberg. Many of those names (and others) can now be found on the “Board and Investors” page of Breakthrough Energy’s website.
Why Canada is now poised to pour billions of tax dollars into developing Small Modular Reactors as a “clean energy” climate solution
by Joyce Nelson, January 14, 2021
https://watershedsentinel.ca/articles/mini-nukes-big-bucks-the-money-behind-small-modular-reactors/—
Back in 2018, the Watershed Sentinel ran an article warning that “unless Canadians speak out,” a huge amount of taxpayer dollars would be spent on small modular nuclear reactors (SMRs), which author D. S. Geary called “risky, retro, uncompetitive, expensive, and completely unnecessary.” Now here we are in 2021 with the Trudeau government and four provinces (Saskatchewan, Ontario, New Brunswick, and Alberta) poised to pour billions of dollars into SMRs as a supposed “clean energy” solution to climate change.
It’s remarkable that only five years ago, the National Energy Board predicted: “No new nuclear units are anticipated to be built in any province” by 2040.
So what happened?
The answer involves looking at some of the key influencers at work behind the scenes, lobbying for government funding for SMRs.
The Carney factor
When the first three provinces jumped on the SMR bandwagon in 2019 at an estimated price tag of $27 billion, the Green Party called the plan “absurd” – especially noting that SMRs don’t even exist yet as viable technologies but only as designs on paper.
According to the BBC (March 9, 2020), some of the biggest names in the nuclear industry gave up on SMRs for various reasons: Babcock & Wilcox in 2017, Transatomic Power in 2018, and Westinghouse (after a decade of work on its project) in 2014.
But in 2018, the private equity arm of Canada’s Brookfield Asset Management Inc. announced that it was buying Westinghouse’s global nuclear business (Westinghouse Electric Co.) for $4.6 billion.
Two years later, in August 2020, Brookfield announced that Mark Carney, former Bank of England and Bank of Canada governor, would be joining the company as its vice-chair and head of ESG (environmental, social, and governance) and impact fund investing, while remaining as UN Special Envoy for Climate Action and Finance.
“We are not going to solve climate change without the private sector,” Carney told the press, calling the climate crisis “one of the greatest commercial opportunities of our time.” He considers Canada “an energy superpower,” with nuclear a key asset.
Carney is an informal advisor to PM Trudeau and to British PM Boris Johnson. In November, Johnson announced £525 million (CAD$909.6 million) for “large and small-scale nuclear plants.”
SNC-Lavalin
Scandal-ridden SNC-Lavalin is playing a major role in the push for SMRs. In her mid-December 2020 newsletter, Elizabeth May, the Parliamentary Leader of the Green Party, focused on SNC-Lavalin, reminding readers that in 2015, then-PM Stephen Harper sold the commercial reactor division of Atomic Energy of Canada Ltd. (AECL) “to SNC-Lavalin for the sweetheart deal price of $15 million
May explained, “SNC-Lavalin formed a consortium called the Canadian National Energy Alliance (CNEA) to run some of the broken-apart bits of AECL. CNEA has been the big booster of what sounds like some sort of warm and cuddly version of nuclear energy – Small Modular Reactors. Do not be fooled. Not only do we not need new nuclear, not only does it have the same risks as previous nuclear reactors and creates long-lived nuclear wastes, it is more tied to the U.S. military-industrial complex than ever before. That’s because SNC-Lavalin’s partners in the CNEA are US companies Fluor and Jacobs,” who both have contracts with US Department of Energy nuclear-weapons facilities.”
But, states May, “Natural Resources Minister Seamus O’Regan has been sucked into the latest nuclear propaganda – that ‘there is no pathway to Net Zero [carbon emissions] without nuclear’.”
Terrestrial Energy
Then there’s Terrestrial Energy, which in mid-October 2020 received a $20 million grant for SMR development from NRCan’s O’Regan and Navdeep Bains (Minister of Innovation, Science and Industry). The announcement prompted more than 30 Canadian NGOs to call SMRs “dirty, dangerous, and distracting” from real, available solutions to climate change.
The Connecticut-based company has a subsidiary in Oakville, Ontario. Its advisory board includes Stephen Harper; Michael Binder, the former president and CEO of the Canadian Nuclear Safety Commission; and (as of October) Dr. Ian Duncan, the former UK Minister of Climate Change in the Dept. of Business Energy and Industrial Strategy (BEIS).
Perhaps more important, Terrestrial Energy’s advisory board includes Dr. Ernest Moniz, the former US Secretary of the Dept. of Energy (2013-2017) who provided more than $12 billion in loan guarantees to the nuclear industry. Moniz has been a key advisor to the Biden-Harris transition team, which has come out in favour of SMRs, calling them “game-changing technologies” at “half the construction cost of today’s reactors.”
In 2015, while the COP 21 Paris Climate Agreement was being finalized, Moniz told reporters that SMRs could lead to “better financing terms” than traditional nuclear plants because they would change the scale of capital at risk. For years, banks and financial institutions have been reluctant to invest in money-losing nuclear projects, so now the goal is to get governments to invest, especially in SMRs.
That has been the agenda of a powerful lobby group that has been working closely with NRCan for several years.
The “billionaires’ nuclear club”
The 2015 Paris climate talks featured what cleantechnica.com called a “splashy press conference” by Bill Gates to announce the launch of the Breakthrough Energy Coalition (BEC) – a group of (originally) 28 high net-worth investors, aiming “to provide early-stage capital for technologies that offer promise in bringing affordable clean energy to billions.”
Though BEC no longer makes its membership public, the original coalition included such familiar names as Jeff Bezos (Amazon), Marc Benioff (Salesforce), Michael Bloomberg, Richard Branson, Jack Ma (Alibaba), David Rubenstein (Carlyle Group), Tom Steyer, George Soros, and Mark Zuckerberg. Many of those names (and others) can now be found on the “Board and Investors” page of Breakthrough Energy’s website.
Writing in Counterpunch (Dec. 4, 2015) shortly after BEC’s launch, Linda Pentz Gunter noted that many of those 28 BEC billionaires (collectively worth some $350 billion at the time) are pro-nuclear and Gates himself “is already squandering part of his wealth on Terra Power LLC, a nuclear design and engineering company seeking an elusive, expensive and futile so-called Generation IV traveling wave reactor” for SMRs. (In 2016, Terra Power, based in Bellevue, Washington, received a $40 million grant from Ernest Moniz’s Department of Energy.)
According to cleantechnica.com, the Breakthrough Energy Coalition “does have a particular focus on nuclear energy.” Think of BEC as the billionaires’ nuclear club.
By 2017, BEC was launching Breakthrough Energy Ventures (BEV), a $1 billion fund to provide start-up capital to clean-tech companies in several countries.
Going after the public purse
Bill Gates was apparently very busy during the 2015 Paris climate talks. He also went on stage during the talks to announce a collaboration among 24 countries and the EU on something called Mission Innovation – an attempt to “accelerate global clean energy innovation” and “increase government support” for the technologies. Mission Innovation’s key private sector partners include the Breakthrough Energy Coalition, the World Economic Forum, the International Energy Agency, and the World Bank.
An employee at Natural Resources Canada, Amanda Wilson, was appointed as one of the 12 international members of the Mission Innovation Steering Committee.
In December 2017, Bill Gates announced that the Breakthrough Energy Coalition was partnering with Mission Innovation members Canada, UK, France, Mexico, and the European Commission in a “public-private collaboration” to “double public investment in clean energy innovation.”
Canada’s Minister of Natural Resources at the time, Jim Carr, said the partnership with BEC “will greatly benefit the environment and the economy. Working side by side with innovators like Bill Gates can only serve to enhance our purpose and inspire others.”
Dr. M.V. Ramana, an expert on nuclear energy and a professor at the School of Public Policy and Global Affairs at UBC, told me by email: “As long as Bill Gates is wasting his own money or that of other billionaires, it is not so much of an issue. The problem is that he is lobbying hard for government investment.”
Dr. Ramana explained that because SMRs only exist on paper, “the scale of investment needed to move these paper designs to a level of detail that would satisfy any reasonable nuclear safety regulator that the design is safe” would be in the billions of dollars. “I don’t see Gates and others being willing to invest anything of that scale. Instead, they invest a relatively small amount of money (compared to what they are worth financially) and then ask for government handouts for the vast majority of the investment that is needed.”
Kevin Kamps, Radioactive Waste Specialist at Beyond Nuclear, told me by email that the companies involved in SMRs “don’t care” if the technology is actually workable, “so long as they get paid more subsidies from the unsuspecting public. It’s not a question of it working, necessarily,” he noted.
Gordon Edwards, President of the Canadian Coalition for Nuclear Responsibility, says governments “are being suckers. Because if Wall Street and the banks will not finance this, why should it be the role of the government to engage in venture capitalism of this kind?”
“Roadmap” to a NICE future
By 2018, NRCan was pouring money into a 10-month, pan-Canadian “conversation” about SMRs that brought together some 180 individuals from First Nations and northern communities, provincial and territorial governments, industry, utilities, and “stakeholders.” The resulting November 2018 report, A Call to Action: A Canadian Roadmap for Small Modular Reactors, enthusiastically noted that “Canada’s nuclear industry is poised to be a leader in an emerging global market estimated at $150 billion a year by 2040.”
At the same time, Bill Gates announced the launch of Breakthrough Energy Europe, a collaboration with the European Commission (one of BEC’s five Mission Innovation partners) in the amount of 100 million euros for clean-tech innovation.
Gates’ PR tactic is effective: provide a bit of capital to create an SMR “bandwagon,” with governments fearing their economies would be left behind unless they massively fund such innovations.
NRCan’s SMR Roadmap was just in time for Canada’s hosting of the Clean Energy Ministerial/Mission Innovation summit in Vancouver in May 2019 to “accelerate progress toward a clean energy future.” Canada invested $30 million in Breakthrough Energy Solutions Canada to fund start-up companies.
A particular focus of the CEM/MI summit was a CEM initiative called “Nuclear Innovation: Clean Energy (NICE) Future,” with all participants receiving a book highlighting SMRs. As Tanya Glafanheim and M.V. Ramana warned in thetyee.ca (May 27, 2019) in advance of the summit, “Note to Ministers from 25 countries: Prepare to be dangerously greenwashed.”
Greenwash vs public backlash
While releasing the federal SMR Action Plan on December 18, O’Regan called it “the next great opportunity for Canada.”
Bizarrely, the Action Plan states that by developing SMRs, our governments would be “supporting reconciliation with Indigenous peoples” – but a Special Chiefs Assembly of the Assembly of First Nations passed a unanimous 2018 resolution demanding that “the Government of Canada cease funding and support” of SMRs. And in June 2019, the Anishinabek Chiefs-in-Assembly (representing 40 First Nations across Ontario) unanimously opposed “any effort to situate SMRs within our territory.”
Some 70 NGOs across Canada are opposed to SMRs, which are being pushed as a replacement for diesel in remote communities, for use in off-grid mining, tar-sands development, and heavy industry, and as exportable expertise in a global market.
On December 7, the Hill Times published an open letter to the Treasury Board of Canada from more than 100 women leaders across Canada, stating: “We urge you to say ‘no’ to the nuclear industry that is asking for billions of dollars in taxpayer funds to subsidize a dangerous, highly-polluting and expensive technology that we don’t need. Instead, put more money into renewables, energy efficiency and energy conservation.”
No new money for SMRs was announced in the Action Plan, but in her Fall Economic Statement, Finance Minister Chrystia Freeland touted SMRs and noted that “targeted action by the government to mobilize private capital will better position Canadian firms to bring their technologies to market.” That suggests the Canada Infrastructure Bank will use its $35 billion for such projects.
It will take a Herculean effort from the public to defeat this NICE Future, but along with the Assembly of First Nations, three political parties – the NDP, the Bloc Quebecois, and the Green Party – have now come out against SMRs.
Award-winning author Joyce Nelson’s latest book, Bypassing Dystopia, is published by Watershed Sentinel Books. She can be reached via www.joycenelson.ca.
Canada’s plutonium mishap in India was 50 years ago this week – is history repeating itself now?
the International Panel on Fissile Materials states: ‘the most important reason to be concerned about the practice of reprocessing is that plutonium can be used to make weapons.’
Canada’s support for the Moltex technology could be used by other countries to justify their own plutonium acquisition programs
by Susan O’Donnell and Gordon Edwards, May 16, 2024, https://nbmediacoop.org/2024/05/16/canadas-plutonium-mishap-in-india-was-50-years-ago-this-week-is-history-repeating-itself-now/
In the public imagination, nuclear power for electricity and nuclear weapons are entirely separate issues. Because Canada is not a nuclear weapons state, Canada’s nuclear power reactors are thought to be unrelated to weapons of mass destruction, and its nuclear technology exports are considered ‘peaceful.’
Yet this week marks the 50-year anniversary of one day in May when Canada’s ‘peaceful’ nuclear image was shattered. On May 18, 1974, India shocked the world by conducting a test A-Bomb explosion it called ‘Smiling Buddha.’ The nuclear explosive was plutonium, obtained from a ‘peaceful’ research reactor – a gift from the Canadian government in 1954.
Plutonium is not found in nature but nuclear reactors create it as a by-product. Plutonium was the explosive used in the A-Bomb that the U.S. military dropped on the Japanese city of Nagasaki in 1945, killing 70,000 civilians, half of them on the first day.
The story of India’s first A-Bomb shows that ‘intent’ is all that separates military from civilian use of nuclear technology. On that fateful day in 1974, it suddenly became clear that any country with a nuclear reactor can choose to extract plutonium from the fiercely radioactive used fuel and secretly make a nuclear bomb.
Plutonium extraction is a sensitive procedure called ‘reprocessing.’ Plutonium can also be used as a nuclear fuel. But this can only be done by first reprocessing used nuclear fuel, and this increases the risk of nuclear weapons proliferation. As the International Panel on Fissile Materials states: ‘the most important reason to be concerned about the practice of reprocessing is that plutonium can be used to make weapons.’
India’s nuclear explosion deeply traumatized Ottawa and shocked the world. U.S. Secretary of State Henry Kissinger publicly shamed Canada when he told the media that: ‘The Indian nuclear explosion occurred with material that was diverted not from an American reactor under American safeguards, but from a Canadian reactor that did not have appropriate safeguards.’ His statement conveniently ignored the fact that the U.S. encouraged India in its reprocessing technology.
India’s nuclear explosion led to a de-facto ban on commercial reprocessing in Canada by Prime Minister Pierre Elliot Trudeau following an explicit ban on reprocessing by U.S. President Jimmy Carter. The de-facto ban in Canada remains today, despite industry efforts to overturn it.
In 2022, Jonathan Wilkinson, Minister of Energy and Natural Resources, delivered ‘Canada’s National Statement on Nuclear Energy’ in Washington, emphasizing just one word, ‘peaceful’: ‘Canada began a legacy of nuclear excellence as the second country ever to produce nuclear power. Since that time, we have been actively involved in promoting the peaceful use of nuclear energy around the world.’
In 2023, Canada signed the G7 Leaders’ Hiroshima Vision on Nuclear Disarmament, committing the country to ‘prioritizing efforts to reduce the production and accumulation of weapons-usable nuclear material for civil purposes around the world.’
India’s nuclear explosion led to a de-facto ban on commercial reprocessing in Canada by Prime Minister Pierre Elliot Trudeau following an explicit ban on reprocessing by U.S. President Jimmy Carter. The de-facto ban in Canada remains today, despite industry efforts to overturn it.
In 2022, Jonathan Wilkinson, Minister of Energy and Natural Resources, delivered ‘Canada’s National Statement on Nuclear Energy’ in Washington, emphasizing just one word, ‘peaceful’: ‘Canada began a legacy of nuclear excellence as the second country ever to produce nuclear power. Since that time, we have been actively involved in promoting the peaceful use of nuclear energy around the world.’
In 2023, Canada signed the G7 Leaders’ Hiroshima Vision on Nuclear Disarmament, committing the country to ‘prioritizing efforts to reduce the production and accumulation of weapons-usable nuclear material for civil purposes around the world.’
The U.S. experts stated that Canada’s support for the Moltex technology could be used by other countries to justify their own plutonium acquisition programs and undo decades of efforts to keep nuclear weapons out of the hands of countries that might want to join the ranks of unofficial nuclear weapons states: India, Pakistan, North Korea and Israel.
In subsequent letters, the experts expressed concern that the Canadian government has forgotten the lessons learned 50 years ago with the launch of India’s nuclear-weapon program. They reminded the Prime Minister that the experience led Prime Minister P.E. Trudeau and U.S. President Jimmy Carter to oppose the separation of plutonium from spent fuel.
After India’s nuclear explosion in 1974, Canada and the United States became founding members of the Nuclear Suppliers Group that helped to ensure there has been no export of reprocessing technology to non-nuclear weapons states since. The U.S. experts stated: “It is imperative to uphold this decades-long norm of not reprocessing, lest we find ourselves in a world of many states with latent nuclear-weapon capabilities.”
Canada’s support for reprocessing now is sending the wrong signal to the world and threatening the already fragile global non-proliferation regime. Will history repeat itself?
An earlier version of this story was published by The Hill Times.
Susan O’Donnell, PhD, is the lead investigator of the CEDAR project in the Environment & Society program at St. Thomas University. Gordon Edwards, PhD, is president of the Canadian Coalition for Nuclear Responsibility in Montreal.
Small Modular Nuclear Five Times The Price (letter)
by News Of The Area – Modern Media –
DEAR News Of The Area,
IN response to Derek Musgrove opinion regarding small modular nuclear generation.
Derek, the reason nuclear sub reactors are not used for domestic generation is because they use a more enriched fuel unsuitable for domestic SMRs.
If you research your topic for five minutes you will find only five SMRs operating in the world.
There are quite a number in development but they are either abandoned or going to produce power at five times the cost of other types of generation.
Nuclear power also needs huge amounts of water for cooling so it limits their location options.
Feel free to check these facts.
Not scaremongering but why would we want to pay five times the cost for power.
The reactor in Canada is heavily subsidised by their government.
While you fact check, search how many SMRs would Australia need.
Did you know in 2023 in South Australia 80 percent of their power generation was from renewables.
Regards,
Ian HALL,
Hawks Nest.
New report to Congress shows US determined to militarize space
Drago Bosnic, independent geopolitical and military analyst, 8 May 24, https://infobrics.org/post/39611
Back in mid-February, the mainstream propaganda machine bombarded us with a slew of reports about “big bad Russian space nukes“, claiming that Moscow is using its technological prowess to build strategic space-based weapons. And while it’s true the Eurasian giant is a cosmic superpower and that it certainly has the know-how to accomplish such a feat, the mainstream propaganda machine conveniently “forgot” to explain why the Kremlin would make the decision to expand its space capabilities. Namely, Russia is indeed planning to deploy a nuclear-powered anti-satellite weapon (ASAT), but there’s a massive difference between having thermonuclear warheads pointed at Earth from space and having a nuclear-powered spacecraft. The Russian military is already in possession of the former, as it was the world’s first operator of the FOBS back in the early 1960s.
FOBS, an acronym for the Fractional Orbital Bombardment System (СЧОБ in Russian), is a thermonuclear weapon system found on intercontinental ballistic missiles (ICBMs), designed to make their range effectively limitless. China tested its own version of the technology only in 2021, while the United States has been unable to create anything similar. Thus, Moscow has had this capability for well over half a century, so why is there such hype over a supposed nuclear-powered ASAT all of a sudden? It’s exceedingly difficult to ignore the fact that this is being used as yet another excuse to push several warmongering agendas at once. First, it furthers the idea that there “cannot be peace” with the Kremlin, and second, it gives Washington DC the perfect excuse to continue militarizing space, started years (or, in reality, even decades) before the special military operation (SMO).
Apart from making sure that its economic issues spill over to the rest of the world, where impoverished and heavily exploited countries pay the price of US imperialism, the belligerent thalassocracy keeps militarizing and creating enemies in order to feed the monstrosity called the American Military Industrial Complex (MIC). Back in late March, as the debt ceiling crisis was unfolding, General Mark Milley, Chairman of the Joint Chiefs of Staff, stated that the Pentagon would be doubling its military budget. At the time, Milley kept parroting about “a looming global conflict”, but clearly “forgot” to explain that if there were to ever be one, its sole cause would be the US itself, as it’s the only country on the planet with an openly stated strategy of “full spectrum dominance”. However, the only way to accomplish this is to keep spending funds that Washington DC simply doesn’t have.
Global military spending for 2022 was around $2.1 trillion, meaning that the US is already at over 40% of the world’s total with its current budget. Doubling it, even over the next several years (also taking into account that other superpowers would certainly respond to it), could push that figure close to 60%. In terms of the US federal budget, it would also require further cuts to investment in healthcare, infrastructure, education, etc. As the military currently spends approximately 15% of the entire US federal budget, obviously, doubling it would mean the percentage would go up to (or even over) 30%. Such figures are quite close to what the former Soviet Union was spending, which was one of the major factors that contributed to its unfortunate dismantlement and the later crisis in all post-Soviet countries that needed approximately a decade to recover.
As previously mentioned, such a move would also force others to drastically increase their own military spending in response to US belligerence. If China were to follow suit, its military budget would then rise to approximately $500 billion, while Russia’s military budget would be close to $200 billion. In fact, Moscow is already in the process of doing this, as it recently increased its defense spending by 70% in 2024 alone in order to tackle NATO aggression in Europe. As we can see, this is causing a military spending “death spiral” that’s extremely difficult to control and is leading the world into an unprecedented arms race. However, it seems that’s exactly what Washington DC wants. On October 12, the US Congress Strategic Posture Commission issued its final report and called for further expansion of America’s already massive arsenal of thermonuclear weapons.
It should be noted that the reasoning (although there’s hardly anything reasonable in it) behind such a decision is a simultaneous confrontation with both Russia and China. This includes massive investment into new weapons systems such as the B-21 “Raider” strategic bomber/missile carrier and Columbia-class SSBN (nuclear-powered ballistic missile submarine), as well as the replacement of the heavily outdated “Minuteman 3” ICBMs (intercontinental ballistic missiles) with new LGM-35 “Sentinel” missiles. All three types are in different stages of development and are expected to be fully operational by the early 2030s. However, with the US debt projected to reach over $50 trillion in less than ten years (the best-case scenario), the viability of such a massive expansion in American military spending is highly questionable (if possible at all).
By 2027, interest payments alone are expected to surpass the Pentagon’s entire budget. What’s more, America’s ability to keep up with the technological advances of its geopolitical adversaries is also falling short, particularly in the development of hypersonic weapons, a field in which Russia has an absolute advantage, despite spending approximately 20-25 times less on its armed forces. The only way for the US to avoid bankrupting itself is to finally leave the world alone and focus on the mountain of domestic issues that keep piling up.
Source: InfoBrics
EU rebuffs UK attempt to continue collaborating on nuclear fusion experiment.
EU rebuffs UK attempt to continue collaborating on nuclear fusion
experiment. Bloc tells London it will be locked out of Iter project in
France within months unless it rejoins civil atomic programme. Brussels has
told London it will be locked out of the Iter project, based in France,
within months unless it affiliates to Euratom, which it quit when it left
the bloc, according to people familiar with the matter.
The UK has asked to continue with Iter as an outside partner, an arrangement granted to
Australia. But the EU has said it must also join a Euratom research scheme,
the people said. Australia has a co-operation agreement with Euratom.
London left Euratom because it did not believe the programme provided value
for money, and stayed out when it rejoined other EU research schemes last
year. Iter is an international project to build the world’s biggest
tokamak — the reaction vessel for nuclear fusion.
After four decades of experiments the technology is still years away from proving it can generate commercially viable power, but supporters hope it will prove a viable
source of plentiful low-carbon energy.
FT 15th May 2024
https://www.ft.com/content/12cf843a-184d-4e50-8818-a57e12464276
Constellation Energy looks to small nuclear reactors for the gross, ever-increasing energy needs of great steel data containers.
Constellation Energy eyes new nuclear for unprecedented data center power
demand.
Constellation Energy (CEG.O), opens new tab is considering building
next-generation nuclear plants on its existing sites to meet soaring demand
from data centers, executives with the Baltimore-based power company said
on Thursday. The largest operator of U.S. nuclear energy said it is looking
at adding new small modular reactors and other energy technologies to
deliver electricity to large load customers like data centers.
Reuters 9th May 2024
Sam Altman-backed nuclear start-up crashes after Wall Street debut
NEW YORK, https://www.malaymail.com/news/money/2024/05/11/sam-altman-backed-nuclear-start-up-crashes-after-wall-street-debut/133694 ― The share price of nuclear energy start-up Oklo, chaired by OpenAI boss Sam Altman, fell sharply yesterday on its first day of trading on Wall Street.
At around 3.40pm (1940GMT), the stock was down 53.9 per cent to US$8.40 (RM39.80).
Founded in 2013 by graduates of the Massachusetts Institute of Technology (MIT), Oklo went public by merging with AltC Acquisition Corp, a listed company.
The latter is a SPAC (special purpose acquisition company), a company whose sole purpose is to enable another firm to enter Wall Street through a merger.
Since the deal with Oklo was announced in July last year, AltC’s share price has soared, gaining over 72 per cent.
But transactions involving a SPAC are often highly volatile, partly because they are more exposed to speculation than traditional IPOs.
Altman is involved in several cutting-edge sectors and invested in Oklo in 2015, also becoming its chairman.
According to company documents, Altman directly controls around three per cent of the capital.
Oklo plans to build small modular reactors (SMRs), which are theoretically quicker to build than conventional power plants and less complicated to construct in remote areas. Oklo also wants to offer nuclear fuel recycling.
Conventional nuclear reactors are hugely expensive and take a long time to construct, with major projects having become notorious for their budget and schedule overruns.
The startup does not yet have a site of its own, and in January 2022 was refused a licence to build an SMR in Idaho by the Nuclear Regulatory Agency (NRC).
The NRC rejected the application on the grounds that there was a lack of information on the risks of accidents and the responses planned in such cases.
With the merger with AltC, Oklo raised US$306 million, which will be used to build the company’s first fission reactor, Aurora, in Ohio. ― AFP
Telegraph: Microsoft reportedly planning “Stargate”, a $100billion supercomputer to be powered by several nuclear plants
Microsoft, OpenAI Reportedly Plans $100-Billion Supercomputer Fueled by Nuclear Power
Mark Nelson @energybants 13 May 24
The era of the great uranium brains approaches.
Microsoft (NASDAQ: MSFT) is reportedly gearing up to construct a colossal $100 billion data center, aptly named “Stargate.” Analysts speculate that this ambitious endeavor will be powered by multiple nuclear plants, marking a significant shift in the tech industry’s approach to energy sourcing.
The almost limitless piles of cash AI companies have to spend helps. Open AI and its major investor Microsoft developing plans for the world’s biggest $100billion project code-named Stargate. Analysts at Morgan Stanley speculated last week that this would be powered by several nuclear plants
South Korean state energy monopoly in talks to build new UK nuclear plant.
Kepco has held early-stage discussions with British officials over
mothballed Wylfa site. South Korea’s state energy monopoly is in talks
with the UK government about building a new nuclear power station off the
coast of Wales, in what could be a big boost to Britain’s plans for a new
nuclear fleet.
Kepco has held early-stage discussions with British
officials about a new facility at the Wylfa site in Anglesey, and a
ministerial meeting is expected this coming week, according to people
briefed on the matter.
In his March Budget, chancellor Jeremy Hunt
announced the government would buy the mothballed site and another from
Hitachi for £160mn. In 2019, the Japanese industrial group scrapped its
plans to develop a nuclear project at Wylfa, writing off £2.1bn in the
process.
Hunt’s move was designed to facilitate a fresh deal with a new
private sector partner to build a power station at Wylfa, which could boost
the government’s plans to replace Britain’s current ageing fleet of
nuclear power stations.
A consortium including US construction group
Bechtel and US nuclear company Westinghouse has already proposed building a
new plant on the Wylfa site using Westinghouse’s AP1000 reactor
technology.
Another industry figure said Wylfa’s future would depend on a
decision by GB Nuclear, the government quango which now owns the site. GBN
could give the go-ahead for a large reactor or reactors at Wylfa or judge
that it is a suitable site for building a cluster of new “small modular
reactors”.
Supporters of SMRs claim their modular design would make them
relatively quick and cheap to build. “Wylfa is now the next priority site
for the UK so it makes sense that Kepco are interested, but they just need
GBN to make a decision soon about whether they do want a traditional
nuclear power station there,” the figure said.
One senior Korean
government official struck a cautious note about the prospect of Kepco
buying the site, saying that building nuclear power stations in the UK was
“difficult”.
FT 12th May 2024
https://www.ft.com/content/3404a203-158e-4fe1-9f5d-f5fb64032ffc
Nano Nuclear wants to reinvent the nuclear power business—but it could take a while.
The company is trying to not only reinvent reactors but also reinvent fuel production and transportation. It’ll take several years yet before we know if it works.
Fast Company, BY TIERNAN RAY 10 May 24
“…….. This week, a two-year-old company, Nano Nuclear Energy, is expected to go public on Nasdaq with a plan to solve what ails the nuclear power business.
The company, officially based on the 30th floor of an office building in New York’s Times Square, is a “distributed” company, meaning, its 27 staff members live and work here and there. The company is run by CEO James Walker, a physicist who was previously a nuclear engineer at Rolls-Royce.
Walker has gathered a mish-mash of engineering talent and former bankers to build what’s called a “microreactor,” also known as a “small modular nuclear reactor,” which can be hitched to a tractor trailer and driven around the country to wherever it is needed—be it a remote mining site that needs power, or an AI data center.
Walker has also assembled a star-studded advisory board that includes former U.S. presidential candidate and NATO commander Wesley Clark, and former New York governor Andrew Cuomo, who hold stock options in the company.
The premise of Nano Nuclear is the same that propels competitors such as privately held Terrapower and X-Energy: conventional nuclear energy is too costly…………………………………………………………………………………………………………………
Nano Nuclear and competitors have jumped on the DOE’s effort to make “advanced” reactors, things so compact they can ride around on a semitruck and be parked where needed. They produce far less energy, on the scale of tens of megawatts, but also can cost far less, claims the DOE, and they can be run with minimal safety oversight because of their advanced design.
Just about every company in nuclear power is working on such innovation, including Westinghouse, Terrapower, X-Energy, and publicly traded NuScale of Portland, Oregon. Walker and team contend, however, that those companies are going about it all wrong. They haven’t done enough to solve the main limiting factor of small reactors, adequate fuel supply, the enriched uranium that creates the nuclear chain reaction.
“Large SMR companies have raised billions of dollars for development but have been stalled by the lag in developing or acquiring the fuel necessary to advance their reactors,” states Nano Nuclear’s IPO prospectus. The fuel is critical because small reactors need uranium with more of the uranium isotope U235 in order to be so compact. It’s the density of power per unit of volume of fuel that lets microreactors be made very small.
The DOE has been fostering collaboration among many parties on what’s called “High-Assay Low-Enriched Uranium,” or, HALEU, which is uranium enriched more than the 5% standard in the industry, as high as 20%. Without enough HALEU, many of the advanced reactors being developed “do not have the fuel supply infrastructure necessary to succeed,” claims Nano Nuclear.
To secure HALEU, Nano Nuclear has started two subsidiaries, one to produce HALEU uranium, HALEU Energy Fuel Inc., and another to transport it in large quantities, Advanced Fuel Transportation, Inc. The company even has a subsidiary to mine for uranium.
You could say Nano Nuclear has formed a vertically integrated nuclear firm, going from uranium mining through fuel production and trucking to supplying the finished reactor.
Will it work? We won’t know for some time. The company’s two proposals for microreactors, “Zeus” and “Odin,” are not even built. The company has no revenue at present. Nano Nuclear hopes to have one of the reactors in production by 2030. The company apparently hasn’t begun the licensing process with the U.S. Nuclear Regulatory Agency, which can take several years. The fuel manufacturing, moreover, is not expected to be operational until 2027……………………….
Nano Nuclear nabbed almost ten million dollars with the IPO, but it expects to need “a significant infusion of additional capital for successful deployment, even following this offering.” Just the Zeus and Odin reactors alone are expected to cost four million dollars to develop. That means potential dilution of investors by lots of follow-on stock offerings.
The tiny staff of 27 is not entirely full-time. All the senior executives, including Walker and CFO Jaisun Garcha, are working as independent contractors, and they all have jobs running other companies.
You can’t scrutinize Nano Nuclear’s technology plans to know if they make sense because Nano Nuclear has filed no patent applications, instead preferring to keep its intellectual property secret.
The rest of this year, Nano Nuclear expects to use its IPO money to buy another company in order to get into the nuclear consulting business. The idea is to get some paying work in order to subsidize Zeus and Odin.
For a long time, then, Nano Nuclear is destined to be a far-less-interesting kind of company that simply has a great idea for the revival of the nuclear industry. https://www.fastcompany.com/91122128/nano-nuclear-reinventing-nuclear-power-business
The UK makes licensing for nuclear fusion easier: developers can lead site selection
Fusion plants will not be subject to the same nuclear site licensing
process as fission reactors, with the UK government instead proposing
developer-led site selection and their designation as nationally
significant infrastructure projects.
World Nuclear News 9th May 2024
https://www.world-nuclear-news.org/Articles/UK-consults-on-new-planning-process-for-fusion-rea
France’s mini nuclear reactor plan – Nuward, gets another financial handout from the European Commission
The European Commission (EC) has approved, under European Union (EU) state
aid rules, a €300m ($320m) French measure to support Electricité de
France’s (EDF) subsidiary Nuward in researching and developing small
modular nuclear reactors (SMRs). The EC said the measure will contribute to
the achievement of the strategic objectives of the European industrial
strategy and the European Green Deal.
France notified to the Commission its
plan to grant €300m to Nuward to support its research and development
(R&D) project on SMR technology. The project aims to develop processes for
the design and construction of SMRs based on a simple and modular design
and with a power output equivalent to or less than 300 MWe. The front-end
design is the third phase of the overall Nuward project, which contains
five distinct phases.
In December 2022, the Commission already approved a
€50m French measure to support the second phase of the project, aimed at
acquiring new knowledge for the design and construction of SMRs. The aid
will take the form of a direct grant of up to €300m that will cover the
R&D project until early 2027. The measure will support Nuward in sizing the
modules and components of the SMRs and validating their integration in the
SMRs by means of numerical simulators and laboratory tests. Nuward will
also carry out industrialisation studies relating to the modular design and
mass production of SMRs. Finally, the measure will also support Nuward in
the preparation of the required safety demonstrations for the approval of
the project by the national nuclear safety authorities.
Nuclear Engineering International 1st May 2024
https://www.neimagazine.com/news/newseuropean-commission-approves-state-aid-for-nuward-smr-11725920
Fusion reactors could create ingredients for a nuclear weapon in weeks.
Concern over the risks of enabling nuclear weapons development is usually focused on nuclear fission reactors, but the potential harm from more advanced fusion reactors has been underappreciated
By Alex Wilkins, 8 May 2024
Fusion reactors could allow a country to accelerate its development of nuclear weapons, producing the necessary radioactive ingredients in as little as a few weeks.
Nuclear weapons need specific radioactive isotopes, normally uranium-235 or plutonium-239, that can be easily split and start a chain reaction. This so-called fissile material is rare in nature, but can be produced artificially by a source that produces a lot of neutrons, such as a nuclear fission reactor of the kind in use today.… (Subscribers only) more https://www.newscientist.com/article/2430012-fusion-reactors-could-create-ingredients-for-a-nuclear-weapon-in-weeks/
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