Thread: Nuclear power and changes

Uranium: CNUC's Pitch for an Alashankou Trading Hub

Life is simple- Demand out stripes supply = Price rises.

Demand from Sprott, ANU Energy OEIC Ltd and China and Japan on top of existing utilities uncovered Needs = this black ducks retirement!

Not investment advice!

Had to listen twice.
https://www.world-nuclear-news.org/A...s-needed-to-me

Gosh Australia is slow. WNA pod cast has almost every relevant country. Missing Russia only really

I do not like beating up or abusing children. Fully support encouraging them



"Greta Thunberg Says Ditching Nuclear Power While Keeping Coal Is 'A Mistake'

" link

One of those days


"A Global Renewable Leader Brookfield Renewable U.S. operates a diversified renewable energy portfolio of hydropower, wind, solar, and storage facilities, drawing from over 120 years of experience and industry-leading innovation to optimize our assets and drive value. Extending across 34 states, our platform generates approximately 23 million megawatt-hours of clean power, or enough electricity to meet the needs of approximately 2 million homes annually. *
* Includes approximately 175 megawatts of assets owned through X-Elio."

Brookfield Renewable buying 51% of Westinghouse Nuclear is a larger shift than Greta supporting Nuclear power today. Nuclear is the New GREEN just better and more reliable C02 power at scale to to the job.


"Cameco Corporation (“Cameco”) (NYSE: CCJ; TSX: CCO) and Brookfield Renewable Partners (“Brookfield Renewable”) (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners (“the consortium”), are forming a strategic partnership to acquire Westinghouse Electric Company (“Westinghouse”), one of the world’s largest nuclear services businesses. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%.

"

Honestly Greta, Brookfield Renewable and Mr Issac (Cameco) seem to be bringing forward my retirement

https://www.aph.gov.au/parliamentary_business/committees/house_of_representatives_committees?url=isr/uranium/report/chapter3.pdfAPH report "A proposal to expand Olympic Dam would see uranium production from the mine treble to 15 000 tonnes of uranium oxide per year, which would make Olympic Dam and its owners, BHP Billiton Ltd, by far the world’s largest producer. "

NOTE that Proposal was rejected by BHP in 2020. U308 price at the time was sub USD$30lbs its now trending over USD$50 and should be USD$80 by the end of the year ( MY VIEW ONLY)

Will BHP be the Big Australian again in U308? Not hard to see a Back Flip coming perhaps?

https://twitter.com/NavyDiver12/stat...byyUmwdfGVccbA

This is a butt kicker "BASF has said it will have to downsize “permanently” in Europe, with high energy costs making the region increasingly uncompetitive."

BASF - a German multinational chemical company and the largest chemical producer in the world.

The power crunch in EU in part due to inept German energy policy has scored a huge own goal! Hope we do not follow that lead to chaos.

Wolf Creek Nuclear power Not the film. Its is near Burlington USA , (the only nuclear power plant in Kansas)
Timeline
Construction Start31 May 1977
First Criticality 22 May 1985
First Grid Connection12 June 1985
Commercial Operation3 September 1985

Scheduled to close 2045! 60 years and probably going to be 80 years

https://www.world-nuclear.org/reacto...x/WOLF%20CREEK

Yallourn Power Station in Victoria

Current Yallourn W power station was built in the 1970s There was prior coal fired plant there in Yallourn A, B, C, D..... all closed of course. The four current units are Toshiba built 3 stage reheat turbines


Costs other than $ Yallourn W and Several ongoing multi million $ subsidies to get it running

1. In 1969 it was announced that the town of Yallourn would be demolished to enable an expansion of the coal mine, with demolition commencing in the 1970s and completed by 1982 (Moved by State Electricity Commission of Victoria (S.E.C.V.))
2. Estimates Yallourn W station emits 10.7 million tonnes of green house gases
3. possibly 800 deaths per year or more "Research links coal power station pollution to almost 800 premature deaths a year" Note not just Yallourn W ((The report is based on research conducted by Australian health researchers that linked pollution from coal plants to a range of health issues.It looked at emissions from Australia's 22 coal-fired power stations."
4. The Morwell River Diversion, and the access to coal supplies AUD$122 million and growing as more need to be done!
5. Mine fire and mine flooding.
6. River Pollution "As a temporary measure, today EnergyAustralia has discharged water into the Latrobe River"

Capacity
Yallourn Power Station provides up to 22% of Victoria’s energy supply estimated to be 9966 GWh
(22% of 45.3Terawatt hours= 45300 GW 22% of 45300 GW =
Wolf Creek Annual net output: 10,648 GWh (2017)

Reliability

Wolf Creek
is well Documented in the link at or above 80% avg

Yallourn W
was noted as the least reliable coal fired power plant in Australia by breakdowns per unit of capacity.11 Mar 2021

In Summary
Yallourn W
Many death associated from pollution and several industrial deaths
ROI over entire life of 1970 to 2028
Reliability often poor.
Significant costs to keep in running.
Likely less than 580,000 GWH of generated power from 1970 to 2028 (estimated)

Wolf Creek
One death found (killed by 4,000 volts of electricity OUCH)
ROI 1985 to 2045. Note further life Life extension to 80 years likely
Much more than 1,200,000 GWH of generated power to 2045 (estimated)

Note. I chose Wolf Creek randomly Which one would you prefer as our power source?

Floating around the world even in the 1980s 90s showed me plastic waste was a shocker. New report showing 100% of mothers placenta have micro plastics is alarming. Plasticenta: First evidence of microplastics in human placenta - ScienceDirect



IAEA Nutec plastics

A nuclear solution to plastic pollution

Plastic pollution is one of today’s most pressing global environmental challenges and a direct threat to sustainable development. According to projections, by 2025 the ocean will contain one tonne of plastic for every three tonnes of fish, and by 2050, there may be more plastic in the ocean than fish. Landfills are often brimming with plastic waste and pose an environmental threat to downstream ecosystems such as rivers, groundwater, and the ocean. Furthermore, incineration of plastic refuse may also release toxic gases.




NUTEC Plastics | IAEA



https://pnri.dost.gov.ph/images/publ...ital-Flyer.pdfDid


Did I mention I think Nuclear Science rocks