Archive for March, 2014

2014 nuclear Issues Vol 37 No 2 March

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The Anthropocene

It is claimed that we are now entering a new era with the transition from the previous geological epoch, the Holocene, which began some 10,000 years ago with the retreat of the ice age and the development of human civilizations, to the Anthropocene which is characterised by the increasing influence human activities are having on the planet; this began, possibly with the Industrial Revolution in the late 18th century, but accelerated with the start of the atomic age in ...

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March Newsletter No186

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Ukraine strengthens the case for nuclear power

Nothing perhaps over this month has more underlined the need for nuclear power in the UK than the plight of the Ukraine. In truth the West has cut a sorry figure responding to Russia’s annexation of the Crimea.

This is because it is weak, wet and impoverished. The USA has a public debt of $16trillion (thousand billion). The UK’s public indebtedness is around £1.3trillion. Germany, like the UK and the rest of Europe, is steadily blunting ...

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China ‘Sets 10-Year Deadline’ For Design Of Thorium Reactor

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The deadline to develop a new design of nuclear reactor using thorium for fuel has been brought forward by 15 years as China’s central government tries to reduce the nation’s reliance on smog-producing coal-fired power stations, the Hong Kong-based South China Morning Post reported today.

The newspaper said a team of scientists in Shanghai had originally been given 25 years to try to develop the world’s first nuclear plant using the radioactive element thorium as fuel rather than uranium, but they ...

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EDF Denies Media Reports It ‘Played Down Flood Risk’ At Dungeness B

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EDF Energy made a “conservative decision” to take both reactors at the Dungeness B nuclear power station in southern England offline for two months in May 2013 to further improve flooding defences, the company said today.

In a statement issued in response to a report in a national newspaper claiming that EDF Energy had “played down the threat” of flooding at the station, the company said the decision to take both reactors offline was to undertake additional protection to cover “extremely ...

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EDF Energy Refutes Hinkley Point ‘Return On Investment’ Claims

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EDF Energy has responded to a report by a UK think-tank by saying assumptions about financing and potential equity returns for investors in the Hinkley Point C nuclear project are “not correct” and were not provided or validated by EDF Energy.

The Carbon Connect report, released earlier today, said returns for EDF Energy and other investors in the UK’s first new nuclear plant in two decades could be much higher than for other projects.

Investors could earn returns of up to 21 ...

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Returns On Hinkley Point C Could Be Much Higher Than Usual, Says Report

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Returns for French utility EDF and other investors in the UK’s first new nuclear plant in two decades, supported by the government, could be much higher than for other projects, according to a report published today by a think-tank.

Investors could earn returns of up to 21 percent over the lifetime of the project, Carbon Connect analysts say in a report, the preparation of which was overseen by a former energy minister Charles Hendry.

“Expected equity returns on Hinkley Point C are ...

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Safety Has Improved Since Fukushima, Says US Government Report

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The Fukushima-Daiichi accident led to many nuclear regulatory bodies taking steps to strengthen nuclear safety and provide additional resources for regulators, a report has concluded.

The US Government Accountability Office (GAO) report reviewed 16 countries, 13 of which operate commercial nuclear power reactors and three of which are developing or considering developing civilian nuclear power programmes.

The report said all the nuclear regulatory bodies in the review have strengthened nuclear safety in response to the March 2011 accident.

Japan in particular has fundamentally ...

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Three Years On, First Evacuees Are Ready To Return To Fukushima Homes

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Residents of the town of Tamura who were evacuated following the Fukushima-Daiichi nuclear accident are to be allowed to move back into their homes, Japanese authorities have said.

Three years after the 11 March 2011 disaster, the Japanese government has told residents that it will lift the evacuation order on 358 people who live in eastern districts of the town on 1 April 2014.

They are the first of more than 146,000 evacuees who left the area following the accident to be ...

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