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Gold/Mining/Energy : CCB vs ZEN truth board
ZEN.V 1.130-3.4%Nov 10 3:59 PM EST

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From: Clyde Spaulding3/12/2018 8:55:22 AM
of 12350
 
Mr Chief posted a message about pebble bed reactors. He mentioned Saudi Arabia is building them in 2 years and China will have dozens
I looked quickly and noted a few problems with his post. First of all Saudi Arabia has deferred this plan until 2040 choosing instead to use natural gas.
Ministry of Water & Electricity (MOWE) is broadly responsible for power and desalination in the country.It had plans to install 24 GWe of renewable electricity capacity by 2020, and 50 GWe by 2032 or 2040, and was looking at the prospects of exporting up to 10 GWe of this to Italy or Spain during winter when much generating capacity is under-utilised (cooling accounts for over half the capacity in summer). The 50 GWe in 2032 (later: 2040) was to comprise 25 GWe CSP, 16 GWe solar PV, 4 GWe geothermal and waste (together supplying 150-190 TWh, 23-30% of power), complementing 18 GWe nuclear (supplying 131 TWh/yr, 20% of power), and supplemented by 60.5 GWe hydrocarbon capacity which would be little used (c10 GWe) for half the year. The nuclear target date has now been put back to 2040. In 2016 renewables targets were scaled back from 50% to 10% of electricity (by 2040?) as plans shifted more to gas, so that it would increase its share from 50% to 70%.

As for China they announced their plants will use only indigenous ( local) sources for fuel.
technology
China has set the following points as key elements of its nuclear energy policy:
PWRs will be the mainstream but not sole reactor type.
Nuclear fuel assemblies are fabricated and supplied indigenously.
Domestic manufacturing of plant and equipment will be maximised, with self-reliance in design and project management.
International cooperation is nevertheless encouraged.

Source World Nuclear Association
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