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2018-01-24 11:35:00

U.S. NUCLEAR WATERSHED

U.S. NUCLEAR WATERSHED

WNNThis may be a "watershed" year for the US nuclear industry, which must maintain a strong domestic sector by keeping its reactors operating but must also demonstrate it can build new plants, while paving the way for advanced reactors, the Nuclear Energy Institute's (NEI) John Kotek told the US Energy Association's State of the Energy Forum on 18 January.

"It is critical that we maintain a strong domestic nuclear sector; this begins by keeping our existing plants operating," the NEI's vice-president for policy development and public affairs told the Forum. Much of the action to preserve existing plants will take place at the state level, he said. New York, Illinois and Connecticut have "shown the way", and other states need to follow. "We're encouraged by the states' recognition of the need to keep nuclear plants open, whether for emissions reduction or energy diversity," he said.

A failure to value appropriately all the benefits of nuclear power has contributed to an uneven playing field that is forcing nuclear plants to close prematurely, he said. The decision by the US Federal Energy Regulatory Commission (FERC) to terminate proceedings on Energy Secretary Rick Perry's proposed rulemaking on grid resilience and reliability provoked an important conversation about the role of nuclear plants in ensuring a resilient, reliable grid, he said.

Perry's proposed rulemaking, submitted to FERC in September last year, would have specifically recognised the attributes of generation sources able to store fuel on site. The regulator announced its decision on 8 January, after receiving over 1500 submissions on the proposed rule. Instead, it has launched a new proceeding to address resilience in a broader context. At the time, NEI President and CEO Maria Korsnick said the organisation was disappointed that FERC had not taken affirmative action that would preserve the nation's nuclear power plants, but praised Perry's efforts to place the issue on the national agenda.

Kotek said the nuclear industry must demonstrate that it can build and complete nuclear plants. He said the decision to proceed with the nuclear construction project at Vogtle in Georgia was significant, offering an opportunity for the US nuclear sector to show it can "successfully" build new reactors.

The US Nuclear Regulatory Commission's recent conclusion that NuScale Power's small modular reactor design can operate safely without the need for so-called 1E electrical power supplies - a key aspect of the design - was a positive development. He said NRC's approval offered a "new paradigm for regulatory efficiency".

The annual State of the Energy Industry Forum, held to coincide with the first State of the Union Address of the year, is one of the US Energy Association's flagship meetings, bringing together energy industry associations, lawmakers, regulators, energy industry influencers, diplomats, thought leaders, and journalists to discuss energy issues facing the USA and the world. This was the 14th Forum and was held at the National Press Club, in Washington DC.

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2018, January, 22, 08:25:00

U.S. NUCLEAR POWER - 2017

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 Nuclear
2018, January, 8, 19:25:00

U.S. - IRAN SANCTIONS

U.S.DT - "These sanctions target key entities involved in Iran's ballistic missile program, which the Iranian regime prioritizes over the economic well-being of the Iranian people. As the Iranian people suffer, their government and the IRGC fund foreign militants, terrorist groups, and human rights abuses," said Treasury Secretary Steven T. Mnuchin. "The United States will continue to decisively counter the Iranian regime's malign activity, including additional sanctions targeting human rights abuses. We will not hesitate to call out the regime's economic mismanagement, and diversion of significant resources to fund threatening missile systems at the expense of its citizenry."

 

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2017, December, 15, 12:55:00

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WNN - According to the Foratom statement, World Nuclear Association Director General Agneta Rising said: "By 2050, nuclear energy must account for 25% of energy generation if we are to meet our climate targets. With nuclear making up 11% of generation in 2014, an extra 1000 GWe in nuclear capacity will need to be built by 2050. However, meeting this goal will not be easy."

 

 Nuclear
2017, November, 9, 13:50:00

EIA: NUCLEAR ENERGY WILL UP

EIA projects that global nuclear capacity will grow at an average annual rate of 1.6% from 2016 through 2040, led predominantly by countries outside of the Organization for Economic Cooperation and Development (OECD). EIA expects China to continue leading world nuclear growth, followed by India. This growth is expected to offset declines in nuclear capacity in the United States, Japan, and countries in Europe.

 

 Nuclear
2017, October, 14, 18:38:00

U.S. NUCLEAR POWER HELPS

REUTERS - “If we lose our supply chain, if we lose our intellectual chain of supply of bright scientists because we basically pushed the nuclear industry back, then we’re going to lose our role as a leader when it comes to nuclear energy in the world,” Perry said.

 

 Nuclear
2017, August, 11, 18:59:00

U.S. NUCLEAR POWER FUTURE

CARNEGIE - The United States generates one-fifth of its electricity using one hundred nuclear power reactors. That’s more reactors than in any other country, but until 2013 the last construction start in the United States was in 1977.

Tags: USA, NUCLEAR,

Chronicle:

U.S. NUCLEAR WATERSHED
2018, June, 22, 13:10:00

THE LARGEST VENEZUELA'S OIL

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2018, June, 22, 13:05:00

U.S. DEFICIT UP FROM $116.1 BLN TO $124.1 BLN

U.S. BEA - The U.S. current-account deficit increased to $124.1 billion (preliminary) in the first quarter of 2018 from $116.1 billion (revised) in the fourth quarter of 2017, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.5 percent of current-dollar gross domestic product (GDP) in the first quarter, up from 2.4 percent in the fourth quarter.

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2018, June, 22, 13:00:00

EUROPE'S NUCLEAR INVESTMENT : €50 BLN

WNN - There are 126 operational power reactors in 14 EU Member States, providing more than one-quarter of the bloc's total electricity production. In its Communication on the Nuclear Illustrative Program (PINC) published last year, the European Commission expects nuclear to maintain its significant role in Europe's energy mix up to 2050. This would require investment of some EUR40-50 billion (USD46-58 billion) in nuclear LTO by 2050.

U.S. NUCLEAR WATERSHED
2018, June, 20, 13:15:00

OIL PRICE: ABOVE $75

REUTERS - Benchmark Brent crude LCOc1 was up 50 cents at $75.58 a barrel by 0835 GMT. U.S. light crude CLc1 was 50 cents higher at $65.57.

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