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THE Nuclear Power Thread pt 9 (merged)

Discussions of conventional and alternative energy production technologies.

Re: THE Nuclear Power Thread pt 9 (merged)

Unread postby M_B_S » Sun 23 Sep 2018, 19:32:34

Uranium Boom @the door?

https://eu.usatoday.com/story/opinion/2 ... 344801002/

With Trump in power it seems possible.

Peak Oil <=> Peak Uranium
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Re: THE Nuclear Power Thread pt 9 (merged)

Unread postby dissident » Mon 24 Sep 2018, 18:08:31

onlooker wrote:I wonder if the allegations made in this article are true. If so what can be done to address the concerns? Thoughts?

https://www.strategic-culture.org/news/ ... utiny.html


I don't think there is a clear picture of the risk. The US is deliberately delaying destruction of its weapons grade fuel stocks and this is the main reason that Russia stopped the agreement aimed at controlling such fuel. So the US can store this fuel in conditions suited for its reuse in nuclear weapons on short notice. I suppose the spent fuel storage from the civilian power plant fleet is another subject since that is a private property issue and the US has a history of letting corporations do whatever they please.
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Re: THE Nuclear Power Thread pt 9 (merged)

Unread postby dissident » Mon 24 Sep 2018, 18:16:55

M_B_S wrote:Uranium Boom @the door?

https://eu.usatoday.com/story/opinion/2 ... 344801002/

With Trump in power it seems possible.

Peak Oil <=> Peak Uranium


The US is downsizing its nuclear power generation capacity and has plenty of reactor fuel in stocks. The reason it is not mining as much Uranium as in the past is that it does not need it. We are seeing simple economics in action.
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Re: THE Nuclear Power Thread pt 9 (merged)

Unread postby GHung » Thu 27 Sep 2018, 16:29:03

The Game-Of-Chicken Saga Continues:

Southern Is Said to Be Near Pact to Continue Building Nuke
https://www.bloomberg.com/news/articles ... of-chicken

Southern Co. is nearing an agreement with Oglethorpe Power Corp. and two other companies to continue working on the only nuclear power plant under construction in the U.S., according to people familiar with the matter.

Southern and its partners are trying to agree on provisions that would limit the potential impact of further cost increases for the troubled $28 billion Vogtle plant in Georgia, said the people, who asked not to be identified because the matter isn’t public. The deadline for a decision has been pushed back to 5 p.m. New York time Wednesday, said Terri Statham, an Oglethorpe spokesperson.

Oglethorpe said on Sept. 24 that it would only continue on the project -- which has doubled in price and is running more than five years behind schedule -- if future costs were capped. Southern initially rejected that demand but agreed to extend the talks. .....

.... Southern assumed responsibility for managing its construction of the project near Augusta, Georgia, after contractor Westinghouse Electric Co. went bankrupt last year.

Costs have ballooned from an initial budget of about $14.1 billion. Southern owns 46 percent of the project, and the Municipal Electric Authority of Georgia has a 23 percent share. Dalton Utilities owns 1.6 percent.

Last week, the U.S. Energy Department warned Southern’s partners against pulling out of the project, saying it would prompt the government to demand repayment of about $5.6 billion in federal loans. ....


Initial cost estimates were closer to $10 billion, IIRC

In for a Penny,, In for a Pound:

All four of the Vogtle 3 & 4 co-owners vote to move forward with construction of nuclear expansion project

ATLANTA, Sept. 26, 2018 /PRNewswire/ -- All four of the Vogtle 3 & 4 project co-owners (Georgia Power, Oglethorpe Power, MEAG Power and Dalton Utilities) have voted to continue construction of the two new nuclear units near Waynesboro, Ga.

"We are all pleased to have reached an agreement and to be moving forward with the construction of Vogtle Units 3 & 4 which is critical to Georgia's energy future," said the co-owners. "While there have been and will be challenges throughout this process, we remain committed to a constructive relationship with each other and are focused on reducing project risk and fulfilling our commitment to our customers."

In connection with the votes to continue construction, all four of the co-owners agreed to finalize and execute definitive agreements which helps mitigate financial exposure for each of them. The details are contained in Georgia Power's Current Report on Form 8-K filed today. ......

https://southerncompany.mediaroom.com/2 ... on-project


Meanwhile, static demand, cheaper renewables and the soaring costs give customers cold feet

JEA, City file lawsuit to break contract with firm behind nuclear money pit
https://www.bizjournals.com/jacksonvill ... y-pit.html

JEA and the City of Jacksonville have filed a joint complaint in Florida state court to void an agreement that compels JEA to purchase power from Plant Vogtle, an unfinished nuclear power facility in Georgia that has drastically exceeded expected construction costs.

JEA entered into the power purchase agreement in 2008 when energy demand was steadily growing and cleaner energy initiatives loomed over JEA's heavily coal-based portfolio. Since then, energy demand has stagnated as devices have become significantly more efficient, and natural gas, solar and other energy sources have become far more price competitive.

The agreement mandates that JEA purchase a fixed amount of power from the plant at above market rates or a lump sum if the plant never produces power. The plant was expected to cost $9.5 billion in direct costs to build, $1.4 billion of which would be paid by JEA.

However, the plant's cost-to-completion estimates now stand at more than $30 billion, and it is expected to be completed no earlier than November 2021. ......
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Re: THE Nuclear Power Thread pt 9 (merged)

Unread postby StarvingLion » Thu 06 Dec 2018, 21:19:37

onlooker's Nuclear Fairy Tale is now officially over.

Bankrupt France's spiffy new reactor, the EPR, is a Colossal Financial Disaster, and will never be built again...

France grapples with its nuclear power dilemma

https://www.ft.com/content/c7421fbe-f32 ... f9881e729f

Quote:
If you think Britain has a tough job replacing its ageing fleet of nuclear reactors, spare a thought for France. The world champion of atomic energy is approaching a cliff edge in its electricity production. The bulk of its fleet of 58 nuclear reactors was built in a remarkable 15-year burst of construction in the 1980s and 1990s. France has not brought on stream a new reactor for 20 years. Even if the lives of its plants were extended from 40 to 60 years, in itself an expensive proposition, 75 per cent of its nuclear generating capacity would be gone by 2050.

The French government’s 10-year energy plan unveiled on Tuesday by President Emmanuel Macron was supposed to set a clear framework allowing EDF, the monopoly nuclear operator, to modernise its fleet and for renewables to take a bigger slice of electricity production. In the end, Mr Macron deferred many of the hard choices — but it was still a good result for EDF.

One of the big choices was how quickly to scale back nuclear, which accounted for 71 per cent of electricity generation last year. Environmentalists want faster decommissioning of older plants to encourage renewables. Some experts say plants should be taken offline sooner rather than later, to avoid leaving EDF with the monumental task of decommissioning scores of them at the same time.

The previous government passed a law in 2015 ordering a reduction of nuclear’s share of output to 50 per cent by 2025. Mr Macron ditched that commitment on Tuesday, saying he agreed with the objective but that it was “unattainable” before 2035. He rejected the notion that renewables would be held back. Dangling up to €30bn in state subsidies, he promised to triple the generating capacity of onshore wind and a fivefold increase in solar by the end of the next decade. EDF may be a nuclear giant but it is also France’s biggest supplier of renewable energy.

At the same time, the president said France would close 14 reactors by 2035, starting with the two oldest at Fessenheim, on the Rhine, in two years. This a little quicker than the utility would have liked. But the pace will be adaptable. It will depend in part on how much solar and wind energy other EU countries add to the grid, pushing down wholesale prices. Some plants could be shut down earlier if France scraps its remaining coal-fired stations. Paris wants to avoid Germany’s mistake of scaling back nuclear in a hurry only to burn more dirty lignite.

The government concluded that it would not need any new nuclear capacity before 2035, given the expected surge in renewables. It has put off any decision on building further European Pressurised Reactors, of the type under construction in Normandy and Finland, and planned for Hinkley Point in Britain, until 2021. Given that the new plant at Flamanville is eight years overdue and several billions of euros over budget, Paris understandably wants EDF to come up with ways of building cheaper EPRs before it starts rolling them out across the country.
Last edited by StarvingLion on Thu 06 Dec 2018, 21:23:10, edited 1 time in total.
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Re: THE Nuclear Power Thread pt 9 (merged)

Unread postby StarvingLion » Thu 06 Dec 2018, 21:22:26

Bankrupt France has just informed Bankrupt Japan that "we don't know what the hell we are doing, so lets just shut'er down"

France to freeze fast-breeder nuclear reactor project

https://www.reuters.com/article/france- ... SL4N1Y41OU

Quote:
*The French government has informed Japan that it plans to freeze a next generation fast-breeder nuclear reactor project, the Nikkei business daily reported on Thursday.

* Japan, which has been cooperating with Paris on the fast-breeder development in France, has invested about 20 billion yen ($176.27 million) in the project, the report added.

* The French government will halt research into the Astrid (Advanced Sodium Technological Reactor for Industrial Demonstration) project in 2019, with no plans to allocate a budget from 2020 onwards, the report said, without citing sources.

* France was initially planning to invest 1 billion euros ($1.14 billion) into the project by 2019, before deciding whether to go ahead with construction by the mid-2020s, the report added.

* The freeze would be another blow to Japan’s nuclear ambitions after the country pulled the plug in 2016 on an $8.5 billion Monju prototype fast-breeder project designed to realise a long-term aim for energy self-sufficiency after decades of development.

* The nation’s nuclear industry is also still reeling from the aftermath of the Fukushima disaster in 2011.

* Japan’s Chief Cabinet Secretary Yoshihide Suga said on Thursday that he had not been informed that France had told Japan about a policy to freeze the project.

“We have been currently continuing discussions on cooperation on a fast-breeder reactor with France, and I have been informed that nothing has been decided,” he said in a regular news conference.

* French state nuclear agency CEA has said it proposed the French government scale down a planned prototype breeder reactor to 100-200 megawatts from 600 megawatts.

* Breeders can burn spent uranium fuel, plutonium and other nuclear waste products. Russia is the only nation to have working breeder reactors.
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