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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 393.24+1.1%Dec 11 4:00 PM EST

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To: Maurice Winn who wrote (143930)10/18/2018 8:50:20 PM
From: TobagoJack  Read Replies (2) of 218474
 
even as china continues to explore permanent solutions to the saudi arabian issue ... despite latest trump sanctions of team china nuclear toils

when did obstruction to progress ever work? rhetorical question :0)

am wondering whether coal, that which i engaged and retired from trading, would ever be great again. i suppose could, if 'they' who has the imperative manage to make something more worthwhile out of coal.

thebulletin.org

The future of nuclear energy depends on ChinaBy Dawn Stover, October 2, 2018


AP1000 reactors at the Sanmen nuclear power plant in China. Credit: SNPTC

“The world nuclear industry cannot develop without China’s input,” said Jade Huang, Vice-Secretary General of the China-based international nonprofit organization International Forum for Clean Energy, last month in London. She spoke at the unveiling of the World Nuclear Industry Status Report 2018, which will be rolled out in the United States next week.

The annual publication, which offers an independent and hard-nosed assessment of the nuclear industry, reported that six of the nine reactors that started up during 2017 and the first half of 2018 were in China. (There were also two reactor startups in Russia and one in Pakistan.) China not only dominated the numbers but also led advances in technology—with the first EPR third-generation reactor to be connected to the grid, and the first AP1000 third-generation reactor to be completed.

Outside China, global nuclear power generation declined for the third year in a row. Even within China, new construction has been at a standstill since the end of 2016, and at least half of the reactors under construction are behind schedule. (Meanwhile, recent reports by the BBC, Quartz, and other media outlets suggest that construction has resumed at hundreds of Chinese coal-fired power stations, in local defiance of the central government’s attempts to cancel plants and curb greenhouse gas emissions.)

Almost a third of the countries that have nuclear power are now generating more electricity from non-hydro renewables (i.e. wind and solar) than from nuclear power. Absent the development of smaller, cheaper modular reactors—an unlikely scenario in the near future—the nuclear industry may be circling the drain.

The 2018 report takes a look, for the first time, at whether military interests serve as one of the drivers for the “odd persistence” of nuclear power. “Nuclear weapon states remain the main proponents of nuclear power programs,” the authors note.

Editor’s note: The Global Nuclear Power Database—an interactive visualization of world nuclear power reactor construction from 1951 to Jan. 1, 2017—can be found here.
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