France’s nuclear socialism – a nightmare, not a miracle
Unlike computers, solar panels, wind turbines and most other high tech projects, nuclear power plants and projects don’t go down in price over time. Instead, the costs escalate, and that’s a recipe for a disaster,
Time to End Nuclear Socialism, Says New Study, Greentech Media, 10 Sept 10, A nuclear plant will cost $7,000 to $10,000 per kilowatt, says Mark Cooper of the University of Vermont. That’s more than wind, solar, storage and other renewables—and the price tag will continue to climb. It shouldn’t be called the French Nuclear Miracle, says Mark Cooper. It’s more like a recurring nightmare. Continue reading
Germany, India, France, getting uncomfortable for the nuclear industry
The nuclear resuscitation could be falling apart faster than anticipated.
India has been the big hope for USA’s struggling nuclear salesman, Westinghouse and others. But its new Liability Bill does not give them the certainty from financial accountability – they wanted to never have to pay up, (just like Union Carbide didn’t have to pay up for the Bhopal gas disaster). They might have to pull out!
Germany – Angela Merkel’s government is on the line, as opposition grows within and without Germany, to the continuance of their old nuclear reactors. And the nuclear lobby so desperately wants to stomp on Germany’s success with renewable energy!
France – well, Areva’s and EDF’s the much touted new gee whiz nuclear reactors in Finland and France are becoming an embarrassment with their delays and soaring costs, and the UK is not too keen on their product either. And France was the poster boy for nuclear!
Moving into wind energy – away from nuclear power?
the decision left the country’s largest nuclear operator without a direct role in what the nuclear industry hopes is a renaissance…
Exelon withdrew its application for a construction and operating license for a twin-unit nuclear plant in Victoria County, Tex.,….
A Nuclear Giant Moves Into Wind, NYTimes.com, By MATTHEW L. WALD, August 31, 2010, John Rowe, chief executive of Exelon.Exelon Corporation John Rowe, chief executive of Exelon.Exelon, a nuclear giant that recently backed away from building new nuclear plants, is moving into wind. Continue reading
Spiralling costs threaten nuclear industry – France, UK, Bulgaria
A particular concern is the specter of spiraling costs at a high-profile project at Olkiluoto in Finland, where Areva, a French nuclear reactor builder, agreed in 2005 to build a next-generation plant, called E.P.R.
New Warnings About Costs of Nuclear Power in Bulgaria and Britain – NYTimes.com August 31, 2010, By JAMES KANTER As anticipation grows about a possible renaissance for the nuclear power industry — and about its potential for curbing greenhouse gas emissions — some politicians are stepping up warnings about the high cost of such projects. Continue reading
More delays, more costs, with AREVA’s new reactor in France
EDF was asked for modifications of the control platform on the reactor, which is delayed and will cost more than expected.
French Nuclear Watchdog Says EDF Has Problems With Flamanville EPR Liner – Bloomberg, By Tara Patel – Aug 30, 2010 Electricite de France SA, Europe’s biggest power producer, experienced renewed problems with welding quality at the EPR nuclear reactor being built in Normandy, according France’s nuclear safety agency. Continue reading
Indian government’s dangerous rush to get nuclear power
the Indian government tried to limit liability to only if it could be proved that a supplier had done an act ‘with the intent to cause nuclear damage’. This astounding insertion left a huge loophole for contractors doing shoddy work to wriggle out of paying any damages if things go wrong………Given India’s pervasive culture of poor management and corruption, Mr Singh’s government should think carefully before plunging headlong into a risky track from which there is no going back.
Dangers in India’s path to nuclear energy, THE BUSINESS TIMES, By YOGI AGGARWAL, August 31, 2010, THERE have been few acts by the Indian government in recent months that have given rise to as many misgivings as its attempt to push through the nuclear liability Bill. Continue reading
Uranium mining executives on “independent” uranium study panel
The Southern Environmental Law Center, for instance, objects to Henry A. Schnell, who is with the mining business unit of Areva, the French-owned nuclear services company. The company is the world’s largest producer of uranium
Questions raised about Va. uranium study members, BusinessWeek, By STEVE SZKOTAK , RICHMOND, Va. As an independent scientific panel is assembled to study the risks of uranium mining in Virginia, environmental groups are questioning whether some of its provisional members can be impartial because of their ties to the nuclear power industry or mining interests. Continue reading
AREVA postpones USA nuclear component making to unspecified date
Areva nuclear component manufacturing facility delayed to 2013, Washington (Platts) Steven Dolley, -20Aug 2010 Areva will delay until 2013 the start of manufacturing nuclear power reactor components at a facility being built in Virginia, a company spokesman said Friday…..Areva spokesman Jarret Adams said Friday in an interview that the start-up date for the Newport News facility was postponed because of reduced economic growth and other factors that have “caused some of our customers to slow plans” to build new power reactors. Adams would not name those customers and declined to provide more specific expected dates for completion of construction or the start of manufacturing. Platts: RSS Feed Detailed News
Australia’s Labor govt will back Aboriginal landowner against AREVA and uranium mining
if re-elected, Labor would accept the landowner’s offer to incorporate the 1,228 hectares of land he owns into world heritage-listed Kakadu.……AREVA is currently seeking legal advice…..Jeffery Lee is the senior custodian of the land and the sole member of the Djok Clan. He feels that the land would be better off with the National Park than with the uranium mining company
Koongarra May Become ‘Off Limits’ for Uranium Mining AZOMining.com By Joel Scanlon 11 August 2010, French multinational and industrial conglomerate AREVA might want to explore the Koongarra area of Northern Territory in Australia for uranium, but if the sole Aboriginal owner has his way the land would soon be part of the Kakadu National Park.
Uranium mining would then be banned in the wetlands Continue reading
France’s dubious dream of global nuclear power empire
France’s recent nuclear record is so ragged, it may struggle to win orders whatever the ownership structure. A new generation nuclear-power station being build by French state-owned reactor maker Areva in Finland is years behind schedule and nearly 80% over budget. A new EDF plant in France using the same Areva technology is also behind schedule……
France’s Tricky Nuclear Fusion, – WSJ.com, Matthew Curtin, AUGUST 3, 2010 “…..President Nicolas Sarkozy wants to create a French nuclear powerhouse. France believes 250 nuclear power stations will be built worldwide over the next 20 years, requiring total investment of $1 trillion or more. But dominating this market may be harder than Mr. Sarkozy thinks. Continue reading
France shows the way to nuclear financial meltdown
Last week, AREVA posted a massive operating loss of 485 million euros for the first half of 2010…..Electricite de France (EDF) finds itself in a similar predicament. In the first half of 2010, the company saw its profits slashed by almost half.
France leads the way in the nuclear debacle Greenpeace International, by jmckeati – August 2, 2010 If you want to know why the so-called nuclear ‘renaissance’ is never going to happen, you need only look at the news that’s been coming out of France in the last few days. Continue reading
France desperate to sell nuclear technology, even to Pakistan
The thorny nuclear issue was also expected to be on the agenda at Sarkozy and Zardari’s meeting. France is a major exporter of civil nuclear technology
Pakistani president says France considers his country ‘responsible partner’, The Canadian Press, By Jenny Barchfield (CP) –3 Aug 2010, PARIS — Pakistan’s President Asif Ali Zardari, facing questions about his country’s role in Afghanistan, turned to France for support in talks with French President Nicolas Sarkozy that covered fighting terrorism and nuclear co-operation… Continue reading
Nuclear ‘renaissance’ could end in a welcome nuclear abortion
Even with government support, the Maryland project could be shelved….For investors, the collapse of both projects could come as welcome news because of the high costs, myriad of uncertainties and lengthy development schedule.
Constellation To Reduce Spending On Nuclear Project , WSJ.com, By Mark Peters, Dow Jones Newswire28 July 2010, Constellation Energy Group Inc. (CEG) will reduce spending on a new reactor planned for a nuclear-power plant in Maryland as its bid for a federal loan guarantee for the multibillion-dollar project drags on. Continue reading
Grave financial risks in nuclear power
The last generation of nuclear plants left taxpayers on the hook for more than $300 billion in bailouts and rate hikes following ‘mishaps.’ All signs indicate that the new class of reactors will be just as problematic.
Solar Is A Bargain Deal Compared To Nuclear, Change.org, by Ben Buchwalter July 28, 2010 Proponents of nuclear energy rely on three key reasons our country should develop new nuclear reactors rather than invest in cleaner solar power. One: They claim nuclear is cheaper than alternatives. Two: They say it is more efficient. Three: They say it relies on existing technology. Continue reading
Protest against nuclear power plant near Venice
The country has chosen to adopt AREVA’s infamous EPR reactor design which is not yet operational anywhere in the world. The prototypes currently being built in Finland and France are already notorious for their safety concerns, massive cost overruns and schedule delays.
Veneto says NO! to Berlusconi´s nuclear plans Greenpeace by jmckeati – July 28, 2010 This morning 20 GP activists from Italy and Austria made a 2000 square-metre anti-nuclear-sign at the Lido di Venezia in a spectacular protest against the planned nuclear ‘renaissance’ in Italy. Continue reading
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