Sean K
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STATE OF EMERGENCY OVER MORE ELECTRICITY BLACKOUTS | HERE IS THE FIX
i wonder if Russia is still dismantling the old nuke warheads ( they WERE selling the fuel , to US power plants )
if so how big is the need to mine more uranium ( near-term ) , i wonder
i have avoided investing in uranium ( as a sole resource ) before because of the changing politics
remember when Julia Gillard declined to sell yellow cake to India when the local miners could have done with help
my issue with uranium ( power ) is that is SHOULD have been gearing up in the 1970's , and we should have been REPLACING them about now
50 years of dumb policy , so why would i start trusting them now ( most of the new crop aren't but a shadow of their predecessors )
The basic requirement for nuclear to stack up is:We did actually have a plan to build our first reactor in the 70s but there was a change of government / leader and because of ideology and cost benefit between coal and uranium and coal was cheaper because we had so much of it laying about. The foundations of that plant are still sitting there at Jervis Bay.
so i am guessing the new reactor in Argentina , is of Russian 'mini-nuke' designThe basic requirement for nuclear to stack up is:
1. Government sees fossil fuels as a problem. That could be either for economic reasons (countries which import), practical ones (logistics of fuel supply etc) or environment (either climate change or local issues).
2. The government is keen on central planning of energy supply.
3. The government considers nuclear to be an option.
4. There is no option to build hydro as an alternative, or it has been ruled out for whatever reason.
Points 2 & 3 are mutually exclusive in most Western countries. Central planning is to the political "Left" of most major parties whilst nuclear is to the political "Right". Rarely do they meet. Since the free market approach doesn't generally favour nuclear, that results in few such projects in Western countries (and of those which do exist, they're often exceptions driven by government for political reasons or to retain skills).
New power reactors being commissioned in 2021. All power output figures are electrical power output and are total for the country in that year not per reactor:
2021:
Argentina = 1 reactor, 29 MW output.
China = 2 reactors, total 1361 MW.
India = 2 reactors, 1200 MW.
Slovakia = 1 reactor, 471 MW.
UAE = 1 reactor, 1400 MW.
USA = 1 reactor, 1250 MW.
TOTAL 2021 = 5711 MW
2022:
Belarus = 1 reactor, 1194 MW
China = 3 reactors, 3479 MW
Finland = 1 reactor, 1720 MW
India = 1 reactor, 700 MW
Korea 1 reactor, 1400 MW
Pakistan = 1 reactor, 1161 MW
Russia = 1 reactor, 1255 MW
UAE = 1 reactor, 1400 MW
USA = 1 reactor, 1250 MW
TOTAL 2022 = 13,559 MW
2023:
Bangladesh = 1 reactor, 1200 MW
China = 1 reactor, 600 MW
France = 1 reactor, 1650 MW
India = 3 reactors, 2700 MW
Korea = 2 reactors, 2800 MW
Russia = 1 reactor, 1255 MW
Slovakia = 1 reactor, 471 MW
Turkey = 1 reactor, 1200 MW
UAE = 1 reactor, 1400 MW
TOTAL 2023 = 13,276 MW
2024:
Bangladesh = 1 reactor, 1200 MW
China = 2 reactors, 2712 MW
Iran = 1 reactor, 1057 MW
Korea = 1 reactor, 1400 MW
Turkey = 1 reactor, 1200 MW
TOTAL 2024 = 7569 MW
2025:
China = 3 reactors, 3912 MW
Turkey = 1 reactor, 1200 MW
TOTAL 2025 = 5112 MW
2026:
China = 5 reactors, 4277 MW
India = 1 reactor, 1000 MW
UK = 1 reactor, 1720 MW
TOTAL 2026 = 6997 MW
2027:
China = 2 reactors, 2400 MW
UK = 1 reactor, 1720 MW
TOTAL 2027 = 4120 MW
Sourced from World Nuclear Association data.
so i am guessing the new reactor in Argentina , is of Russian 'mini-nuke' design
last i read ( and i am far from up-to-date) on nuclear technology the Chinese had improved on the Westinghouse design ( NOT re-invented it ) so one might imagine a better design at a competitive cost , but heard nothing said on durability and robustness of the plants )@Smurf1976 An argument I regularly hear about not building nuclear plants is that they're too expensive. I think they go for about $10b and Finland's plant which is about 15 years behind has blown out to $20b, or something. HTF is Bangladesh building two? ? I assume China is actually building them as part of B&R debt trap, as a guess.
Not something I've looked into but it does raise some questions yes.....HTF is Bangladesh building two?
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