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UK pension funds and other investors not keen to invest in Sizewell nuclear power project?

UK government to invest £1.7bn in Sizewell C nuclear power station. British taxpayers will make a final investment in the planned Sizewell C nuclear power plant project over the next three years as the government is resuming its struggling efforts to replace the country’s aging reactors. Funding is included in Wednesday’s budget, following the minister’sannouncement this week to review the new nuclear power plant funding model.


Prime Minister Rishi Sunak did not mention Sizewell C in his budget speech Wednesday. However, an accompanying Treasury document has “active negotiations” with EDF on the plant and “up to £ 1.7 billion in direct government funding to help reach a final investment decision before the next election. State funding accounts for a significant proportion of the estimated £ 20 billion.

The government hopes that its financial involvement in Sizewell C will help encourage outside investors to provide
additional funding as expected. The minister wants to attract investors from the UK, the United States, etc. to help finance nuclear reconstruction before the existing reactors retire by 2035, but analysts are questioning how pension funds and others are enthusiastic about investing.

 FT 27th Oct 2021

https://www.ft.com/content/73ec90ad-8942-4daf-af01-429d7b3aa948

October 30, 2021 Posted by | business and costs, UK | Leave a comment

The nuclear lobby’s false story on small nuclear reactors

Too expensive, too slow: Even the baseload argument doesn’t work for nuclear. ReNeweconomy, Mark Diesendorf 29 October 2021

”………………………Small Modular Reactors

The nuclear industry is nowadays creating the false impression that new reactors exist that could solve the above major problems of existing reactors while contributing to climate mitigation.

The main hypotheticals are the so-called “small modular reactors” (SMRs), small enough to be distributed around a country and modular in the sense that they could be mass-produced by the thousand in factories and erected rapidly.

However, the actual situation is that SMRs don’t exist — they are paper reactors fuelled on hot air. They could not be installed in Australia for at least 15 years, if ever. By that time, given the political will, we could have an electricity system that’s entirely powered by renewable energy, mainly solar photovoltaics (PV) and wind, supplemented by hydro.

The reason why past and current generations of commercial nuclear power reactors are very big is to obtain economies of scale. Nuclear costs have been increasing while wind and especially solar costs continue to fall.

SMRs would have to be mass-produced in hundreds, possibly thousands, to overcome the loss of economy of scale and, even then, their electricity would at best cost much the same as from existing big nuclear power reactors.

There are no orders for multiple SMRs and that’s fortunate because the risk of proliferation would be greatly increased by distributing SMRs around the countryside. Reducing proliferation risk or increasing safety or improving waste management would all increase cost……………

SMRs that simultaneously solve proliferation, safety and waste management, while reducing costs, are a dangerous fantasy.  https://reneweconomy.com.au/too-expensive-too-slow-even-the-baseload-argument-doesnt-work-for-nuclear/

October 30, 2021 Posted by | 2 WORLD, Small Modular Nuclear Reactors | Leave a comment

U.S. imposes new sanctions on Iran, sanctions that are unrelated to nuclear activities

U.S. hits Iran with sanctions ahead of key nuclear talks,  PBS NewsHour 29 Oct 21, WASHINGTON (AP) — The United States on Friday hit Iran with a fresh set of sanctions as President Joe Biden prepares for a key weekend meeting with European leaders to discuss the possible resumption of nuclear talks with the Islamic Republic.

The Treasury Department announced the new penalties against two senior members of Iran’s Revolutionary Guard Corps and two affiliated companies for supplying lethal drones and related material to insurgent groups in Iraq, Lebanon and Yemen and to Ethiopia, which has been fighting rival Tigray forces for almost a year.

Although the sanctions are unrelated to Iran’s atomic program, the Biden administration has said it wants to build on a potential agreement to revive the languishing 2015 nuclear deal to include Iranian support for such groups and curtail its ballistic missile development………… https://www.pbs.org/newshour/politics/u-s-hits-iran-with-sanctions-ahead-of-key-nuclear-talks

October 30, 2021 Posted by | Iran, politics international | Leave a comment

The US nuclear aresenal is becoming more destructive and possibly more risky

THE US NUCLEAR ARSENAL IS BECOMING MORE DESTRUCTIVE AND POSSIBLY MORE RISKY,  Center for Public Integrity,  R. Jeffrey Smith 29 Oct 21, A little-noticed, new fuze that better controls a nuclear blast’s timing will enable the United States to more easily destroy protected targets in other countries. 
R. Jeffrey Smith  A sophisticated electronic sensor buried in hardened metal shells at the tip of a growing number of America’s ballistic missiles reflects a significant achievement in weapons engineering that experts say could help pave the way for reductions in the size of the country’s nuclear arsenal but also might create new security perils.

The wires, sensors, batteries, and computing gear now being quietly installed on hundreds of the most powerful U.S. warheads give them an enhanced ability to detonate with what the military considers exquisite timing over some of the world’s most challenging targets, substantially increasing the probability that in the event of a major conflict, those targets would be destroyed in a radioactive rain of fire, heat, and unearthly explosive pressures.

The new components — which determine and set the best height for a nuclear blast — are now being paired with other engineering enhancements that collectively increase what military planners refer to as the individual nuclear warheads’ “hard target kill capability.” This gives them an improved ability to destroy Russian and Chinese nuclear-tipped missiles and command posts in hardened silos or mountain sanctuaries, or to obliterate hardened military command and storage bunkers in North Korea, also considered a potential U.S. nuclear target.

The increased destructiveness of the new warheads means that in some cases fewer weapons could be needed to ensure that all the objectives in the nation’s nuclear targeting plans are fully met, opening a path to future shrinkage of the overall arsenal, current and former U.S. officials said in a series of interviews, in which some spoke on condition of anonymity to discuss sensitive technology……..

Georgetown University professor Keir Lieber, and Dartmouth University associate professor Daryl Press, a consultant to the Defense Department, have estimated that the fuzes have roughly doubled the destructive power of the U.S. submarine fleet alone. …………..

Georgetown University professor Keir Lieber, and Dartmouth University associate professor Daryl Press, a consultant to the Defense Department, have estimated that the fuzes have roughly doubled the destructive power of the U.S. submarine fleet alone. ………….

Hans Kristensen, who monitors such technological efforts for the Federation of American Scientists, a nonprofit group in Washington, says that the warhead improvements in total look uncomfortably like new designs. He says in some ways this is not surprising: As the U.S. arsenal has shrunk by roughly a third due to arms agreements struck in the past two decades, “the engineers and weaponeers began looking for ways to enhance the capabilities of the weapons that would be left.” And the results, he said, “are so far removed from the Obama era’s limitation that [they are] one step short of a new nuclear weapon.” ………… https://publicintegrity.org/national-security/future-of-warfare/nuclear-weapon-arsenal-more-destructive-risky/

October 30, 2021 Posted by | USA, weapons and war | Leave a comment

Prospects for renewable energy in Japan look good, future for nuclear power uncertain.

Japan looks to renewables; role of nuclear power elusive, Japan Today By Takaki Tominaga, TOKYO, 29 Oct 21,

Japan aims to increase its reliance on renewable energy in achieving net-zero emissions, but the role of nuclear power to be played toward that end appears to be elusive even in the government’s energy plan approved by the cabinet last week ahead of Sunday’s general election.

The plan outlines ways to achieve carbon neutrality by 2050 and cut greenhouse gas emissions 46 percent in fiscal 2030 from fiscal 2013 levels, an ambitious leap from the previous reduction target of 26 percent.

The government aims to have renewables account for 36 to 38 percent of Japan’s total power generation capacity in fiscal 2030, more than double the 18 percent recorded in fiscal 2019, while the percentage of fossil-fuel-fired thermal power has been slashed to 41 percent, down from 76 percent.

But the percentage for nuclear power remains unchanged at 20 to 22 percent from the previous plan, released in 2018………………

To achieve the 2030 emissions cut target, Maeda said nuclear power plants are necessary. However, Japanese political parties cannot agree on what to do with nuclear plants even though they agree on the country’s direction toward carbon neutrality.

Prime Minister Fumio Kishida said his Liberal Democratic Party will restart idled nuclear plants, providing they have adequate safety measures, in order to supply electricity stably and at a reasonable price.

In contrast, the major opposition Constitutional Democratic Party of Japan pledges to abandon nuclear power as soon as possible and will not allow any new nuclear plants to be built.

The Democratic Party for the People, a smaller opposition party, has said it will restart nuclear plants that cleared safety rules but will not allow the construction of new ones.

Following the nuclear crisis in Fukushima Prefecture triggered by a massive earthquake and tsunami, most of the nuclear plants in Japan remain offline under stricter safety regulations.

“Realistically, I think (Japan) cannot help but to heavily rely on nuclear and solar power to achieve that 2030 goal,” said Maeda, a former Foreign Ministry official.

He stressed nuclear should not be a long-term power supply given the tremendous amount of money needed in the event of an accident and falling renewable energy costs.

In the long run, energy experts have high expectations for offshore wind power.

“Producing large quantities of electricity from renewables requires a vast amount of space. Since Japan is a maritime nation with the world’s sixth-largest exclusive economic zone, it’s got to be offshore wind,” he said, adding floating turbines will hold the key.

Solar cells produced by Miyasaka, also a fellow at the University of Tokyo’s Research Center for Advanced Science and Technology, are expected to contribute to improving the space problem for renewables if they overcome durability challenges and go into commercial mass production.

Miyasaka’s perovskite solar modules are thin, flexible, and light yet capable of generating high voltages compared with silicon photovoltaics, with their characteristics enabling them to be installed or applied on unconventional places, including low load-bearing roofs, windows and automobile bodies.

In the not too distant future, Miyasaka believes people will be able to generate power by perovskite solar modules on places such as balcony floors and car bodies, store it in batteries and then use it during the night.

In building such a society, Miyasaka said the reliance on nuclear power could be reduced soon rather than later because disaster-prone Japan faces higher risks than many other countries.

“It is time for us to seriously engage in finding ways to live without nuclear power plants,” he said.  https://japantoday.com/category/politics/Japan-looks-to-renewables-role-of-nuclear-power-elusive

October 30, 2021 Posted by | ENERGY, Japan | Leave a comment

Reinforcing security through prohibition of nuclear weapons

Reinforcing security through prohibition of nuclear weapons  https://www.thelancet.com/journals/lancet/article/PIIS0140-6736(21)02227-3/fulltext, Frank Boulton
October 30, 2021 DOI:https://doi.org/10.1016/S0140-6736(21)02227-3   

The Nuclear Weapons Group of Medact, the UK affiliate of the International Physicians for the Prevention of Nuclear War, commends the Editors1 for drawing attention to the first meeting of states parties to the Treaty on the Prohibition of Nuclear Weapons, which will be held in January, 2022. Publications in The Lancet have previously referred to the controversial but important public health issue of nuclear war.2,  3In our response4 to the UK Government’s 2021 integrated review of security, defence, development, and Foreign Policy, we drew attention to the dangers of raising the cap on the UK’s stockpile of weapons unilaterally to “no more than 260 warheads”,5 and to the plans to deliver new and flexible W93 warheads on upgraded mark 7 re-entry vehicles. These developments show that the UK is reinforcing a global trend towards usable nuclear options, thereby increasing the likelihood of nuclear conflict.6,  7

Beyond the devastating blast and heat effects of nuclear explosions, and the vast release of ionising radiation, lie the long-term global environmental effects of a nuclear war on cities, which contain the highest quantities of combustible materials. Specifically, the so-called nuclear winter would cause many millions (if not billions) of people, including non-combatants, to die from starvation.8 The Treaty on the Prohibition of Nuclear Weapons thereby offers a real international opportunity to reinforce the world’s security after the COVID-19 pandemic.I have received no renumeration for any work related to this Correspondence. I am a member of Medact, the UK affiliate of the International Physicians for the Prevention of Nuclear War, and until March, 2021, I was deputy speaker of the International Physicians for the Prevention of Nuclear War International Council.References;  ………..

October 30, 2021 Posted by | 2 WORLD, weapons and war | Leave a comment

UN General Assembly First Committee approves Iran’s proposal for nuclear disarmament

UN General Assembly First Committee approves Iran’s proposal for nuclear disarmament https://www.tehrantimes.com/news/466473/UN-General-Assembly-First-Committee-approves-Iran-s-proposal

  1. Politics

October 29, 2021  TEHRAN— Iran’s proposed biennial resolution, entitled “Pursuing the Implementation of the Agreements Reached at the NPT Review Conferences in 1995, 2000 and 2010,” has ratified by the UN General Assembly First Committee.

The proposed resolution was adopted with the support of a majority of the UN members, Fars News reported on Thursday.

The resolution calls on the NPT signatories to accelerate the implementation of their commitments to the complete destruction of their nuclear arsenal in accordance with the principles of transparency, irreversibility and international oversight.

Under the Nuclear Non-Proliferation Treaty, nuclear states have pledged to destroy all their nuclear weapons. In addition, they are legally obliged not only to refrain from any attempt to build nuclear weapons, but also to refrain from transferring such weapons to other countries, deploying them outside their territory, or cooperating with other governments to build nuclear weapons.

After decades of non-compliance with these legal obligations, the nuclear armed states have reaffirmed their commitment to take effective practical steps to destroy nuclear weapons in the final documents of the NPT Review Conferences of 1995, 2000 and 2010.

Part of the resolution proposed by Iran also emphasizes the implementation of the decision of the NPT Review Conference in 1995 to establish a nuclear-weapon-free Middle East. The decision calls on the Zionist regime to join the NPT and accept the International Atomic Energy Agency’s oversight of its nuclear facilities. 

Iran’s proposed resolution also highlights the need to provide security assurances to non-nuclear states that they will not use or threaten to use nuclear weapons against them.

The United States, the Zionist regime, the European Union member states, and several of United States’ Western allies voted against the resolution, despite their explicit commitment to nuclear disarmament.

Haidar-Ali Balouji, Iran’s Permanent Representative to the UN International Committee for the Disarmament and Security at this year’s meeting, referred to the new nuclear arms race and the process of modernization of these weapons as “warning trends” and called for an end to such actions. 

The resolution is expected to be presented to the UN General Assembly in about a month and will be finally adopted there.


 

October 30, 2021 Posted by | Iran, weapons and war | Leave a comment

Nuclear Waste Cleanup:DOE Needs to Better Coordinate and Prioritize Its Research and Development Efforts

Nuclear Waste Cleanup:DOE Needs to Better Coordinate and Prioritize Its Research and Development Efforts

GAO-22-104490 Oct 28, 2021.   Research and development has been essential in the Department of Energy’s efforts to clean up significant contamination from decades of nuclear weapons production, but over time DOE has reduced funding designated for cleanup R&D.

We could not determine how much DOE actually spends on cleanup R&D because the agency does not track such spending (or the associated research), nor evaluate the outcomes of the research.

In addition, because DOE does not have a comprehensive approach to prioritizing cleanup R&D, individual cleanup sites have had to develop their own approaches, which may not address the needs of all cleanup sites or long-term needs.

Highlights

What GAO Found……

Why GAO Did This Study

R&D has played an essential role in EM’s efforts to clean up massive amounts of contamination from decades of nuclear weapons production and energy research. Such R&D has led to safer, more efficient, and more effective cleanup approaches. Prior studies have found that investments in R&D could reduce the future costs of EM’s cleanup efforts, which have increased by nearly $250 billion in the last 10 years. However, funding designated for nuclear cleanup R&D has declined since 2000……….

Recommendations

GAO is making four recommendations, including that DOE (1) develop a system to collect R&D information across the complex to enable monitoring and evaluation of outcomes and (2) develop a comprehensive approach to prioritizing R&D across the EM complex that follows a risk-informed decision-making framework. DOE concurred with the recommendations made in this report.

Recommendations for Executive Action………..https://www.gao.gov/products/gao-22-104490

October 30, 2021 Posted by | USA, wastes | Leave a comment

The European Commission struggles with push to have nuclear power included as clean and sustainable

The Green Brief: Gas, nuclear and the EU taxonomy saga

By Frédéric Simon and Kira Taylor | EURACTIV.com 27 Oct 21, ……………………………..The EU taxonomy regulation has created three categories for sustainable investments: “green”, “enabling” and “transition”. In an interview with the FT, McGuiness said a possible compromise could be to create a new “amber” category for activities that are not “green” as such but are still helpful for the green transition. The Commission is also looking at redefining the “transition” category to prevent the taxonomy from becoming too “binary”, McGuiness said.

With the creation of a new intermediate category, and the definition of clear sustainability thresholds for nuclear and gas, the European Union may just have found the answer to a question that has been bogging down the taxonomy for years.

Some will denounce it as a fudge and an assault on the EU’s green objectives. Others will call it a pragmatic answer to one of the trickiest questions posed by the energy transition.

October 29, 2021 Posted by | climate change, EUROPE | Leave a comment

The French Négawatt program presents its 2022 scenario for getting France to fully renewable nuclear-free energy system

A nuclear-free future is possible, according to Négawatt. The Négawatt association presented its 2022 scenario for a France with fully renewable and nuclear-free electricity production by 2050. It hopes that its proposals, which are urgently to be implemented, will be taken up by the presidential candidates.

Energy consumption halved, electricity production 100% from renewable sources, 500,000 jobs created… This is what France could look like in 2050, if we are to believe the latest edition of the Négawatt scenario published on Tuesday 26 October .

The trajectory described by the eponymous association is not science fiction, assures its director, Stéphane Chatelin. Developed from detailed modeling of our energy system, this scenario shows that it is possible to achieve carbon
neutrality in 2050 without resorting to nuclear power. And proposes a concrete strategy to achieve it.

 Reporterre 26th Oct 2021

October 29, 2021 Posted by | France, renewable | Leave a comment

NATO and Washington spoiling for another war

Washington always looking for another war  http://space4peace.blogspot.com/2021/10/washington-always-looking-for-fight.html

  NATO ‘Master Plan’ aimed at Russia  BRUCE K. GAGNON , BATH, MAINE, UNITED STATES,

The collapsing US military & economic empire is making Washington & NATO even more dangerous. US could not beat the Taliban but thinks it can take on China-Russia-Iran…a sign of psychopathology for sure.

It didn’t take long for the US to up the ante with China and Russia. So soon after the crushing defeat from 20 years of death and destruction in Afghanistan we find Washington stirring the fire pit and looking for more trouble.

It’s really no surprise. Just take a close look at US history – one filthy war after the other.

Just this past week we’ve seen ‘F the EU’ Victoria Nuland go to Moscow hoping for an audience with Putin. She only got to meet with lower level, but competent Russian diplomats, and came away with nothing other than furthering the divide between our two nations. Actually, that might have been the US strategy. 

The word is that Nuland went in with a list of Washington’s demands. Russia said ‘nyet’ and handed Nuland a list of their own. Of course Nuland said ‘No’ and was then sent packing back to the US.

Secretary of War Lloyd Austin (former Raytheon board member) just stopped in Georgia, Ukraine, and Romania before heading to Brussels for hand-wringing with the NATO clowns. 

Austin stated during a news conference in Bucharest that the purpose of these visits was to highlight “the importance of deepening cooperation among our Black Sea allies and partners to deter and defend against Russian malign activities in the region.” 

That’s the political hype. His real purpose in Georgia, Ukraine, and Romania? Spur them to make trouble for Moscow in any way and every way they possibly can. And I’m sure Austin said the magic words, ‘Of course the US will back you if you get into a fight with Russia. First, we’ll supply you with more weapons and plant more of our troops in your nation to protect you from the Russian bear.’ 

At the Brussels meeting NATO Secretary General Jens Stoltenberg said the following:


  • Allies will kick off a $1.16 billion NATO Innovation Fund to develop dual-use emerging and disruptive technologies. NATO will also establish its first artificial intelligence strategy to incorporate data analysis, imagery, and cyber defense.
  • The allies are spending more on defense and they agreed to increase the readiness of forces.
  • Significant improvements are being made to alliance air and missile defenses. NATO calls for strengthening conventional capabilities with fifth-generation jets, adapting exercises and intelligence, and improving the readiness and effectiveness of the nuclear deterrent.
    • We exchanged views on how to preserve the gains and ensure Afghanistan never again becomes a safe haven for terrorists.
    • NATO’s new strategy ensures that the alliance will have “the right forces in the right place at the right time.”They also characteristically took at shot at China from behind the safe walls of NATO HQ in Brussels with a stream of rhetoric.

Austin’s remarks followed the completion of a two-day NATO ministerial where he said officials offered “unique perspectives” on China, which he noted remains the Pentagon’s “primary pacing challenge.”

“Indeed, I applaud NATO’s work on China and I made it clear that the United States is committed to defending the international rules-based order which China has consistently undermined for its own interests,” Austin told reporters.

At an October 21 CNN town hall, Joe Biden was asked about China.

“I just want to make China understand that we are not going to step back, we are not going to change any of our views.” Biden said. Asked whether the US would come to Taiwan’s defense if it were attacked, he replied: “Yes, we have a commitment to do that.”

  • Now let’s analyze this NATO meeting and the comments on China just a bit.First, who has Russia invaded? Since the US orchestrated coup in Ukraine in 2014 (when the Russian-ethnic people in Crimea voted to ask Russia to take them back into the federation) there has been no invasion of anyone near its borders. At the same time US-NATO has been holding war games repeatedly all along Russian borders. When Moscow has responded by holding counter-war games inside its own country Washington and Brussels have howled in condemnation. Talk about a double-standard!And please note the words above by Austin – “I applaud NATO’s work on China” – just what does that mean? 
  • NATO has gone global. The North Atlantic Treaty Alliance has now decided that it should be ‘defending democracy in the Pacific’. Who is the aggressor in this case? What right does NATO have to decide it is the new global cop?
  • Can’t lick Afghanistan so let’s take on China & Russia
    NATO has no legitimate reason to exist today – the Soviet Union and their Warsaw Pact Alliance are long gone. Russia just built an undersea natural gas pipeline called Nord Stream 2 to furnish fuel to Europe in order to help alleviate their current energy crisis. It’s a big business deal for Moscow. Why would Russia want war with Europe?The insanity of US-NATO is exposed for anyone willing to see the obvious. Washington and Brussels got their high-tech asses kicked by a ill-armed rag-tag but determined Taliban in Afghanistan. Now they somehow dream that they can take on both China and Russia who have formed a military alliance as they watch the NATO endless war machine heading their way.
  • I understand that all these moves by US-NATO absolutely benefit the military industrial complex which has installed one of their agents (Lloyd Austin) as secretary of war. But do these psychopaths actually believe they can start a war with China and Russia and possibly win? Don’t they know that such a war would go nuclear in a hot flash?

It’s obvious that the US-NATO war cabal are blinded by power and greed. There can be no other explanation that comes close to making sense.

It’s a dangerous and dirty game these fat cats are playing – at the same time that climate crisis rages in our faces, legions of people face evictions from their homes, and the basic cost of living goes sky high.

Are we heading for a collapse in the US and around the globe? How could that not be happening under these present conditions? 

And the US-NATO response? 

How about another war?

Which party in Washington is leading this descent into hell?

October 29, 2021 Posted by | politics international, USA, weapons and war | 1 Comment

Stiff opposition to Japan PM’snuclear push as election approaches

Japan PM’s nuclear push faces resistance ahead of election, By Sakura Murakami,   KASHIWAZAKI, Japan, Oct 27 (Reuters) – Prime Minister Fumio Kishida’s push to restart Japanese nuclear power plants idled after the Fukushima disaster faces stiff opposition ahead of a general election on Sunday, where his future as leader hangs in the balance if the vote is tight.

A decade after triple meltdowns at Fukushima forced mass evacuations and a shut-down of the nuclear industry, Japan has restarted only a third of its 33 operable reactors.

Debate over whether to fire more of them back up is highly charged, with 40% of the population opposing the move.

It matters most in rural cities hosting the idled plants which had once relied on them for economic activity, such as Kashiwazaki, 265 km (165 miles) northwest of Tokyo – home to the world’s largest atomic power complex.

“The reason why we feel so strongly about this is because we feel the danger of the nuclear power plant – it hangs over our heads every day,” said Mie Kuwabara, a resident of a town close to Kashiwazaki and anti-nuclear activist.

Voters mostly care about economic recovery from the pandemic. But energy policy came into sharp focus last month, when Kishida beat a popular anti-nuclear candidate in the race for the Liberal Democratic Party (LDP) chief.

The architect of Kishida’s victory, party veteran Akira Amari, assumed a key party post and immediately pushed for restarts of 30 reactors while also promoting new, smaller reactors to replace ageing ones…….

Amari faces a tight race in his home district, where he is struggling to attract support from anti-nuclear junior coalition partner, Komeito.

Opposition to his plan is strong in Kashiwazaki too.

“This prefecture as a whole, even within the LDP, is united behind the idea that the nuclear power plant can’t be restarted,” said Mineo Ono, who runs the LDP’s local chapter where anti-nuclear proponent Taro Kono polled higher than Kishida in the leadership race vote.

Ono cited local distrust caused by what he called multiple mishaps by the plant’s operator, Tokyo Electric Power Holdings (Tepco) (9501.T).

………… even the local chamber of commerce, instrumental in wooing the plant which started operations in 1985, says it is tired of what it sees as Tepco’s repeated failures.

“It’s almost unbearable, seeing how shoddy they are,” said chamber of commerce chief Masao Saikawa………..  

Reporting by Sakura Murakami; Additional reporting by Aaron Sheldrick; Editing by Antoni Slodkowski and Lincoln Feast  https://www.reuters.com/world/asia-pacific/japan-pms-nuclear-push-faces-resistance-ahead-election-2021-10-27/ 

October 29, 2021 Posted by | Japan, politics | Leave a comment

Electricite de France (EDF) will not proceed with Sizewell nuclear project unless the UK govt institutes tax – the Regulated Asset Base

 Stop Sizewell C denounces the government’s announcement today of legislation for a new tax on consumer energy bills to help build nuclear power stations such as Sizewell C. The Regulated Asset Base (RAB) model would transfer substantial upfront costs, and considerable risk, onto consumers already struggling with rising energy bills and other tax
increases.

Developer EDF Energy estimates Sizewell C – which does not have planning consent and may never get it – would cost at least £20 billion and has made no secret that the project could not proceed without a RAB. The announcement is clearly earmarked for large-scale nuclear projects, as Rolls Royce says it doesn’t anticipate using RAB for Small
Modular Reactors. The government is moving with extreme haste, with the second reading of the bill tomorrow.

 Stop Sizewell C 26th Oct 2021

https://stopsizewellc.org/category/news/

October 29, 2021 Posted by | business and costs, politics, politics international, UK | Leave a comment

Ireland European Commissioner considers joining the push to classify nuclear as acceptable in the energy transition to sustainability.

McGuinness moves towards including gas and nuclear in green transition

Irish commissioner in eye of storm as member states row amid energy crisis

Irish Times, Oct 26, 2021, Naomi O’Leary Europe Correspondent . Ireland’s European Commissioner Maireád McGuinness is moving closer to classifying nuclear energy and gas as having a role to play in the transition to climate neutrality as an energy price crisis consumes the European Union.
Soaring electricity bills have made the issue politically explosive as the European Commission prepares to release the second part of its so-called taxonomy, which determines what activities are eligible for funding by green bonds, and therefore billions of euro in budget and Covid-19 stimulus cash directed towards the EU’s goal of reaching carbon neutrality by 2050.


France
 has lobbied intensely for nuclear energy to be classified as green, and plans to invest massively in the sector. But the inclusion of nuclear has been fiercely resisted by other countries, including Italy and Germany, which has almost completed a planned phase-out of the fuel begun in response to the 2011 Fukushima accident.

Other member states, including Greece, have demanded that natural gas be acknowledged as a good replacement for dirtier fuels though this is abhorred as “greenwashing” by climate groups……..

The deep divisions between member states over the energy issue were evident as they met in Luxembourg for an extraordinary summit on Tuesday dedicated to addressing the electricity cost crisis, which has been spurred by dramatic increases in the price of gas due to a combination of factors including demand in Asia and tight supplies from Russia.

Ireland was among a group of nine northern member states to back a quicker shift to renewable energy, and to reject a call led by Spain and France for EU-level intervention to change how the energy market works to counter price rises.

“We’re coming into the winter and the big concern not just in Ireland but across Europe. was how do we protect people from the rising price of energy, how do we keep vulnerable people warm in their homes this winter,” Minister of State Ossian Smyth said as he left the meeting.

“In the medium term, we also need to think about what we need to do to prevent this kind of crisis from happening again. How do we avoid dependence on foreign powers or unstable areas for our supply of gas, and how can we move faster towards energy independence in clean energy sources like renewables.” https://www.irishtimes.com/business/innovation/mcguinness-moves-towards-including-gas-and-nuclear-in-green-transition-1.4711205

October 29, 2021 Posted by | climate change, Ireland, politics | Leave a comment

Nuclear power is a divisive issue in France, leading up to the election.

 Nuclear power, a surprise and divisive subject of the presidential
campaign. With the increase in energy prices and the climate emergency, the
future of the French nuclear fleet has become a central theme of the
electoral campaign. Six months before the ballot, the main candidates have
very disparate positions.

 Les Echos 25th Oct 2021

https://www.lesechos.fr/elections/presidentielle/le-nucleaire-sujet-surprise-et-clivant-de-la-campagne-presidentielle-1358170

October 29, 2021 Posted by | France, politics | Leave a comment