NUCLEAR POWER DEAD? YOU BETCHA! World Nuclear Industries Consolidating for Last Stand
NUCLEAR POWER DEAD? YOU BETCHA! World Nuclear Industries Consolidating for Last StandJanuary 17, 2011NUCLEAR POWER DEAD? YOU BETCHA! World Nuclear Industries Consolidating for Last Stand
Those who live by the sword will die by the sword
Those who live by Nuclear Power, Weapons and Fossil Fuels will die by them
We must all draw the Sword from the Stone- a sword that breathes Life and Healing to ourselves, to all life and to our Beloved Earth
(This document is given to Global Politicians, Banks and Energy stakeholders, Grassroots etc)
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Putin draws Soviet (Russian) sword over nuclear industry competition
March 14, 2008 12:00 am
Sunday Jan.16. 2011
North America’s much-touted nuclear revival is in jeopardy, but it is not environmental and safety concerns that are undermining it. The industry is finding it increasingly difficult to make the economic case in both Canada and the United States.
The enormous capital cost of building reactors is just one factor holding back the long-promised nuclear renaissance…
In announcing their proposed merger last week, two North Carolina-based utilities, Duke Energy(DUK-N17.920.120.67%) and Progress Energy(PGN-N44.730.210.47%) say the combined company would possess the added heft needed to finance three planned nuclear projects.
But financial strength alone is not enough. The companies are also looking for political and regulatory support to shift financial obligations onto customers and taxpayers to minimize risk in what Moody’s Investor Service Inc. has dubbed a “bet-the-farm” type of project.
That effort to offload financial risk to partners, customers and governments is the hallmark of the 21st-century nuclear industry…
But none of the major reactor vendors has received certification for their reactor designs from the U.S. Nuclear Regulatory Commission. The NRC is reviewing new reactors being developed by Toshiba Corp.’sWestinghouse Electric Co.; GE Hitachi Corp., and France’s Areva Group.
The industry is pursuing a variety of strategies to overcome its financial challenges, even as it projects the need for more than 46 new nuclear plants by 2030 to meet U.S. power demand and Washington’s target for reducing greenhouse gases.
Given the unwillingness of Wall Street to finance reactor construction, the U.S. government is offering an $18.5-billion (U.S.) loan guarantee program for utilities who are first out the gate in building new reactors. U.S. President Barack Obama has called for an expansion of this support program.
Southern Nuclear Operating Co. Inc. has received promise of an $8-billion (U.S.) loan guarantee to build two Westinghouse AP1000 reactors at its Vogtle plant in Georgia. Two other companies,Scana(SCG-N41.840.340.82%) and NRG Energy(NRG-N20.240.010.05%) have applications pending for projects in South Carolina and South Texas, respectively.
But Duke and Progress are less worried about loan guarantees and more concerned about the ability to begin recouping costs on the projects long before any electricity is being generated, company spokesman David Scanzoni said.
Florida, George and South Carolina allow utilities to begin charging customers for development costs on nuclear projects, even before companies make a final commitment to build. North Carolina – whose residents would consume power from two of the three plants the companies are proposing – does not allow that early cost recovery.
Without such a policy, the utilities are unlikely to be able to proceed with the plants, Mr. Scanzoni said.
But critics argue the regulators are, in effect, transferring financial risks from the investor-owned companies to their customers by allowing early cost recovery with guaranteed rates of return.
“It is one of a slew of things that the nuclear industry has structured in the United States to shift risk off of their companies and their shareholders and onto the backs and the pocketbooks of ratepayers and taxpayers in the United States,” said Stephen Smith, executive director of the Southern Alliance for Clean Energy.
“They want to socialize the risk and maximize the profits of these companies.”
China’s Nuclear Ambitions: Big, Bold And Unstoppable
by KRISTA MAHR Friday, January 14, 2011
China announced via its state-run media yesterday that more nuclear power plants will be built during the nation’s next Five Year Plan, from 2011-2015. It’s not exactly new news, per se, as it’s been well known that China’s nuclear power sector has been expanding for some time in concert with the nation’s goal to generate 15% of its power by non-fossil energy by 2020. China has 13 nuclear reactors in operation today, and another 25 are under construction. By 2015, China’s investment in nuclear power production is set to reach $75 billion…
There are rumblings that the world could run out of uranium before the turn of the next century…
China’s break-neck pace has not, of course, been without its critics. In a vast country where corners have been known to get cut in construction and regulation, and all too often with fatal consequences, safety concerns loom large. And the last time that a nation tried to expand its nuclear sector so quickly, Three-Mile Island happened. Though no major incidents have been in the last 15 years…
Russia warns of ‘Iranian Chernobyl’
Russian nuclear officials have warned of another Chernobyl-style nuclear disaster at Iran’s controversial Bushehr reactor because of the damage caused by the Stuxnet virus, according to the latest Western intelligence reports.
By Con Coughlin 5:23PM GMT 16 Jan 2011
Russian nuclear scientists are providing technical assistance to Iran’s attempts activate the country’s first nuclear power plant at the Gulf port.
But they have raised serious concerns about the extensive damage caused to the plant’s computer systems by the mysterious Stuxnet virus, which was discovered last year and is widely believed to have been the result of a sophisticated joint US-Israeli cyber attack. According to Western intelligence reports, Russian scientists warned the Kremlin that they could be facing “another Chernobyl” if they were forced to comply with Iran’s tight deadline to activate the complex this summer.
China’s nuclear power build-up moving too fast
Jan 11, 2011
‘10 nuclear plants planned to deal with energy crisis’ Pakistan
,, January 12, 2011
KARACHI: In order to cope with growing electricity crisis, ten nuclear power plants would be set up in the country by the year 2030, said Chairman Pakistan Atomic Energy Commission (PAEC) Dr Ansar Parvez on Tuesday.
Addressing at the 11th annual convocation-2011 of Karachi Institute of Power Engineering (KINPOE), he said the PAEC is striving to enhance its role in generation of electricity.
Dr Parvez said that the country has a strategic capability, which is strong enough to deter and frustrate the evil designs of anyone…
Hu Jintao’s Trip to Paris Yields Vital Deals for Franc
21 November 2010
France, while a world leader in nuclear energy uptake, is on thin ice when it comes to its future position in the nuclear reactor development market. With the ink still drying from three deals signed with China, Areva and France remain confident, despite the odds.
By Paul French, Asia Correspondent
The long running diplomatic thaw between Paris and Beijing appears to be over and France’s nuclear industry the immediate major beneficiary
The French press has also reported approximately US$14bn in Sino-French deals.
The main beneficiary appears to be Areva. Three nuclear related deals were announced…
Deals in the pipeline
Details on the second deal regarding a used fuel treatment and recycling plant are less forthcoming though it is believed that the aim is to build a MOX facility in China in which surplus weapons grade nuclear material can be reprocessed into fuel for nuclear power reactors..
At present, China recycles virtually no fuel, but has been working on some semi-indigenous, semi-Russian recycling technology which has been slower to develop than expected. Even with Areva’s technology analysts believe any fuel treatment and recycling plant to still be a long way off.
Work on the CAST plant will start immediately. The plant will be located in Shanghai and is scheduled to start operations at the end of 2012.
Indian schoolchildren ‘boycott’ over nuclear plan
(AFP) – 5 days ago
MUMBAI — Pupils from 70 schools in the Indian state of Maharashtra have boycotted classes after teachers tried to persuade them to support plans for a local nuclear power station, media reported on Tuesday.
About 2,500 children in 20 villages in Jaitapur district refused to go to lessons in protest against a campaign that described nuclear power as “clean and green”, the Press Trust of India (PTI) said.
Jaitapur, in western India, is the proposed site of a 9,900-megawatt nuclear power station that has led to large-scale demonstrations by activists and local people opposed to the project on environmental grounds.
Last week, district officials visited schools and asked teachers to promote the project among pupils.
India signed an agreement to buy nuclear reactors for the Jaitapur station from France’s state-run nuclear group Areva during a visit by French President Nicolas Sarkozy in December.
Energy-hungry India is one of the world’s biggest markets for nuclear technology with ambitious plans to reach a nuclear power capacity of 63,000 megawatts by 2032, from the current level of 4,560 megawatts.
Putin Signs To Double Russian Nuclear Power
July 17th, 2007
President Vladimir Putin has signed to double Russia’s nuclear energy by building 26 major new nuclear power plants. Also, Russia plans to export more than 60 nuclear plants in the next 20 years.
Although some critics of the scheme claim that some of the plants that are going to be built, will use uranium enriched to almost weapons-grade level will cause a proliferation risk, there seems to be no stopping the Kremlin on this one.
This Russian nuclear giant, is going to be called Atomenergoprom (Atomic Energy Industry Complex), is similar to the other large conglomerates that the Putin administration has set up in sectors such as aircraft production, arms exports, electricity, and gas.
Gennady Pshakin, director of the independent Center for Non-Proliferation said that, “I hope Putin has taken steps to avoid a second Gazprom.”
Well in our humble opinion it looks as if Putin is trying to replicate Gazprom as best he can. By creating large state companies controlling vast amounts of resources the government has given themselves tremendous power, both domestically and perhaps more importantly in the international arena as well.
The online newspaper Gazeta.ru, said that 70 percent of Russians say they’re strongly against any atomic station in their own neighbourhood..
Currently, Russia is building more nuclear power plants abroad than any one else, constructing facilities in Iran, China, India, and Bulgaria. They are also in talks with many other developing countries about the possibility of building reactors. As for the floating reactors, Russian experts say the units have been offered to Persian Gulf states.
Russia eyes 1/4 of world nuclear reactor market-Putin
Mar 18, 2010 2:27pm EDT
VOLGODONSK, Russia, March 18 (Reuters) – Russia will strive to control a quarter of the global nuclear power market and will boost nuclear energy use at home, starting with a $6 billion investment this year, Prime Minister Vladimir Putin said.
Putin said on Thursday Russia should use its competitive advantage to meet a renaissance in global demand for nuclear energy, which has regained popularity worldwide more than two decades after the 1986 disaster at the Chernobyl nuclear plant.
Russia is competing against multinationals from the United States and France in the nuclear sector but is eyeing an alliance with Germany‘s Siemens (SIEGn.DE) to conquer back some of its traditional markets in eastern Europe and Asia.
Anti-Nuclear Protesters Disrupt Putin Speech At NGOs Meeting
Moscow (AFP) Jul 04, 2006
Anti-nuclear campaigners disrupted a speech by Russian President Vladimir Putin defending the use of nuclear energy on Tuesday, in a rare public act of protest directed against the Russian leader…
In sharp contrast to the authorities’ often heavy-handed reaction to unsanctioned protests, Putin reacted coolly and said: “Thank you, thank you.”
“Let them be, they came here to express themselves,” he instructed security guards.
At the end of the speech, which took place during a meeting of non-governmental organisations ahead of next’ week’s G8 summit, the protesters even applauded after Putin said that efforts should be made to find an alternative to nuclear energy.
“It’s very good that the president had such a positive reaction… It was a good sober reaction of a person who believes that environmentalists have a right to speak their mind,” said Vladimir Slivyak, a leader of EcoDefense, commenting after the protest on Tuesday.
“Alpha-dog” Putin rules Russia’s chaos – WikiLeaks
Nov 29, 2010
(Reuters) – Russia’s Vladimir Putin emerges from the biggest ever leak of U.S. diplomatic documents as the “alpha-dog” ruler of a deeply corrupt state dominated by its security forces.
But correspondence from the elite of the U.S. diplomatic corps also casts Putin as a leader plagued by an unmanageable bureaucracy and grappling with ruling a “virtual mafia state” dominated by corrupt businessmen and the security forces.
A cable from the U.S. Embassy in Paris said U.S. Defense Secretary Robert Gates observed on Feb. 8, 2010, that “Russian democracy has disappeared and the government is an oligarchy run by the security services”.
WikiLeaks: Putin, Berlusconi deny mafia links03 December 2010
Following the publication of another batch of leaked US diplomatic cables revealed by Wikileaks, Russian Prime Minister Vladimir Putin and his Italian colleague and friend Silvio Berlusconi denied allegations of mafia-type connections.
Russia denounced leaked cables in which a Spanish prosecutor described the country as a “virtual mafia state” and oil experts suggested Prime Minister Putin had amassed illegal wealth.
In particular, a Switzerland-based firm trading in energy, Gunvor, is said to be under the personal control of Putin. Gunvor representatives denied the claim.
A coded message dated 8 February 2010 cites Spanish prosecutor José Gonzalez as telling US officials that he “cannot differentiate between the activities of the government and organised crime groups”. The telegrams are signed by US Ambassdor to Moscow John Beyerle…
According to another cable, Italian Prime Minister Silvio Berlusconi is said to have personally profited from energy deals between Italy and Russia.
The communications were written by former US ambassador Ronald Spogli and his successor in Rome, David Thorne.
Berlusconi, who was travelling to the Black Sea resort of Sochi yesterday (2 December) to meet Putin..
Putin draws Soviet sword over nuclear industry competition
Putin invites Europeans to Siberia for firewood
26 November, 2010
European countries should pursue a balanced energy policy, otherwise they will have to buy the firewood in Siberia, Russian Prime Minister Vladimir Putin has joked.
Putin made it clear again that Europe and Russia are dependent on each other. He was speaking with German businessmen in Berlin on Friday. They gathered at a business conference organized by the German newspaper Sueddeutsche Zeitung.
“The German public does not like the nuclear power industry for some reason,” Putin said, adding that he would not comment on it. “But I cannot understand what fuel you will take for heating,” he said anyway.
“You do not want gas, you do not develop the nuclear power industry, so you will heat with firewood?” Putin asked, as reported by Itar-Tass. “Then you will have to go to Siberia to buy the firewood there,” he said, adding that Europeans “do not even have firewood.”
Russia: Putin Praises Sexual Prowess of Israeli President
Vladimir Putin’s international image was tainted today after it emerged he had let slip another of his infamous remarks – this time praising the president of Israel for alleged sex offences.
“He turned out to be a strong man, raped 10 women,” the Russian president was quoted by Russian media as saying at a meeting in Moscow with Israeli prime minister Ehud Olmert. “I never would have expected it of him. He has surprised us all, we all envy him!”
Israeli police announced on Sunday that the president, Moshe Katsav, could be charged with the rape and sexual harassment of several women.
Mr Putin, a former KGB spy, is well known for his crude off-the-cuff quips. On Wednesday he and Mr Olmert met reporters before talks on Iran and bilateral relations. “Say hi to your president – he really surprised us,”
ISRAEL EX-PRESDENT KATSEV CONVICTED OF RAPE.
Thursday, December 30, 2010
AECL Nuclear (CANDU) bidder backs out
January 14, 2011
The Conservative government’s efforts to sell off Canada’s nuclear power agency secretly collapsed this week after the most likely buyer walked away from the negotiating table.
The government has spent almost two years trying to sell the commercial divisions of Atomic Energy of Canada Ltd. (AECL) that build and maintain nuclear power reactors.
But the agency hasn’t made a reactor sale in more than a decade and the breakdown of talks to sell off AECL leaves taxpayers on the hook for the Crown corporation that last year ran up more than $800 million in red ink.
The government’s failure to reach a deal not only puts the future of AECL in doubt, but also leaves the Canadian nuclear industry and up to 30,000 jobs in limbo…
Book accuses US, Swiss of nuclear cover-up
Reuters | 2011-01-16 00:10:00
The CIA persuaded Switzerland to destroy millions of pages of evidence showing how a Pakistani scientist helped Iran, Libya and North Korea acquire sensitive nuclear technology, according to a new book.
“Fallout” by Americans Catherine Collins and Douglas Frantz tells the story of the illicit nuclear procurement network created by Abdul Qadeer Khan, a metallurgist who is widely considered the father of Pakistanâ€™s nuclear weapons programme.
In 2004, Khan admitted to selling Iran, North Korea and Libya uranium enrichment technology that can be used to produce fuel for civilian reactors or atomic weapons. Khanâ€™s movements have been curtailed since his public confession.
Analysts and U.N. officials have said that Khanâ€™s illicit network, which specialised in helping countries skirt international sanctions, created the greatest nuclear proliferation crisis of the atomic age.
U.S / Russia sign nuclear trade agreement
January 13, 2011 by Dan Yurman
American firms can now sell nuclear technologies to and team with Russia’s state-owned nuclear energy export projects
11 Jan (NucNet) The US and Russia have taken “a major step forward” in civil nuclear energy cooperation by bringing into force an agreement that will open up new possibilities for the joint development of new technologies.
The US government has confirmed that US ambassador to Russia John Beyrle and Russian deputy foreign minister Sergey Ryabkov exchanged diplomatic notes to bring into force the accord, known as the 123 Agreement.
Monday, Jan. 10, 2011
Lobbyist Ashley Turton’s sudden death shakes Capitol Hill again
Washington Post Staff Writer
Monday, January 10, 2011
For a close-knit circle of Democrats working in politics, Monday morning delivered the second devastating punch. Less than 48 hours after news of the attack on Rep. Gabrielle Giffords in Tucson came word that Ashley Turton was dead following a fire in her BMW on Capitol Hill, the victim of what appeared to be an inconceivably freakish accident...
Turton, 37, a top congressional staffer-turned-lobbyist and mother of three young children, was married to Dan Turton, 43, a senior White House aide. She was less famous than Giffords but no less sought-after inside the political establishment. The Turtons were a power couple in the old-fashioned sense: two heady careers and bright reputations that led each of them from one successful job to the next.
But Ashley and Dan Turton weren’t out there “on the circuit,” as one friend put it – not the cocktail-party kind of power couple, friends said. They preferred a low-key lifestyle, including a tight group of friends in their Capitol Hill neighborhood…
..In January 2009, Dan Turton became Obama’s top liaison to the House, making him a ubiquitous presence on the House side of the Capitol, roaming the halls to field questions from both sides of the aisle and delivering intelligence back to the White House. He became, in the words of lobbyist Steve Elmendorf, “somebody that everybody talked to every day.”..
“Capitol Hill is a small town, and House Democrats are a small community. On top of the Giffords thing, [the Turtons are] just two people who are beloved,” Elmendorf said.
What happened in the predawn hours of Monday morning behind the couple’s house at 800 A St. SE remains perplexing. Ashley Turton apparently left home early to go to her job as a lobbyist with a big day – a $13 billion corporate merger (Progress Energy-Duke Energy) – ahead. Instead, her car crashed into the walls of the garage and caught fire, with flames soon engulfing the structure. Neighbors called authorities at 4:50 a.m., and when firefighters arrived they found her dead in the car.
Ashley Turton, director of congressional affairs for Progress Energy, was found dead in a burning car Monday morning in Washington,Politico reports. Turton’s husband is White House deputy director of House legislative affairs, Dan Turton.
Duke Energy-Progress Energy behemoth covets nuclear power amid soaring costs
Duke Energy’s purchase of Progress Energy not only creates the nation’s biggest electricity provider, but it also combines two fans of nuclear power that are eager for more.
Even so, the shocking leap in the price of building nuclear power plants and the national waffling on a U.S. energy policy — we still lack consensus on “clean” coal, natural gas, hydro, solar and wind — raise warning flags on nuclear’s prospects even as these companies insist nukes are key.
Combined, the companies boast six nuclear power plants in the Carolinas and one in Citrus County, generating electricity from 12 nuclear reactors. Together, the companies will be the third largest nationwide in nuclear generation capacity behind Chicago’s Exelon and New Orleans’ Entergy, but ahead of Georgia’s Southern Co. or Florida Power & Light (part of NextEra Energy), two big competitors in the southeastern United States.
In remarks Monday, Duke Energy CEO Jim Rogers and Progress Energy CEO Bill Johnson emphasized that their combined corporate heft will be key to nuclear power expansion. Why? Because the extraordinary costs of nuclear power plant construction make it financially risky for any power companies but the very biggest to afford.
Says Progress Energy’s Johnson, who becomes CEO of the resulting company: “Our size and scale, once combined, position us well for nuclear generation.”
Maybe. Soaring nuclear building expenses are prompting some experts to question whether nukes in the future can competitively produce electricity. And some aging nuclear plants are starting to show wear and tear…
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