Michele Kearney's Nuclear Wire

Thursday, November 13, 2014

U.S. oil bubble bursts by 2020s, IEA warns

U.S. oil bubble bursts by 2020s, IEA warns
Paris (UPI) Nov 12, 2014 - "Breathing space" in global crude oil markets ushered in by U.S. shale oil output doesn't mean the glut will last forever, the IEA said in a Wednesday report. The International Energy Agency said in its annual report oil supplies rise globally to 104 million barrels per day by 2040. The poles of demand, meanwhile, shift to Central Asia and the Middle East, which eventually take over aft ... morehttp://www.oilgasdaily.com/reports/US_oil_bubble_bursts_by_2020s_IEA_warns_999.html

Global energy system under stress: report

Global energy system under stress: report
Paris (AFP) Nov 12, 2014 - With fossil fuels set to meet most of the increased global demand for energy, the IEA warned Wednesday that climate change targets are at risk and conflicts could still wreak havoc with supplies. "The global energy system is in danger of falling short of the hopes and expectations placed upon it," the International Energy Agency said in its World Energy Outlook 2014 report. The Paris-bas ... morehttp://www.energy-daily.com/reports/Global_energy_system_under_stress_report_999.html

Vattenfall Seeks $6 Billion in Compensation for German Nuclear Phase-Out

http://spectrum.ieee.org/energywise/energy/nuclear/swedish-energy-giant-vattenfall-nets-billions-for-nuclear-phaseout

Kansai Electric mulling operation of 2 Takahama reactors beyond 40 yrs

http://mainichi.jp/english/english/newsselect/news/20141113p2g00m0bu039000c.html

Radiation From Fukushima Reaches US West Coast: What Danger Does Cesium-134 Pose?

http://www.ibtimes.com/radiation-fukushima-reaches-us-west-coast-what-danger-does-cesium-134-pose-1722540

Embracing our Best Shot at a Low-Carbon Future

http://theenergycollective.com/cleanenergyleadershipinstitute/2155486/embracing-our-best-shot-low-carbon-future

Nuclear Power Plagued by End of Life Costs

Nuclear power stirs considerable controversy but we have broadly been a supporter of the technology in part because of its low emissions and running cost, but the industry had arguably their biggest challenge starkly highlighted this week in the International Energy Agency’s annual report.

By 2040, the agency said, almost 200 reactors are due to be shut down with considerable uncertainties over the decommissioning costs. An FT article quotes $100 billion for plant dismantling but the extent to which this is just the beginning is highlighted by a quote from Paul Dorfman of the Energy Institute at University College London who said, “The UK’s own decommissioning and waste disposal costs are estimated at £85 billion ($135 billion) alone.”

http://agmetalminer.com/2014/11/13/nuclear-power-plagued-by-end-of-life-costs/

Agreement with Russia on building new nuclear power units very important — Iran ambassador

http://en.itar-tass.com/world/759595

Research institutes extend collaboration

Research institutes extend collaboration
The US-based Electric Power Research Institute and Japan's Central Research Institute of Electric Power Industry have agreed to extend their collaborative research agreement for a further five years.http://www.world-nuclear-news.org/C-Research-institutes-extend-collaboration-1311144.html

Construction progress at Tianwan 3

Construction progress at Tianwan 3
Construction of the reactor building at the third unit of the Tianwan nuclear power plant under construction in China's Jiangsu province is nearing completion. Heavy equipment for the unit is already being shipped to the site from Russia.http://www.world-nuclear-news.org/NN-Construction-progress-at-Tianwan-3-1311146.html

Russia develops remote welding for MOX fuel

Russia develops remote welding for MOX fuel
Nikimt-Atomstroy has developed and manufactured a remotely operated welding system for the production of mixed uranium-plutonium oxide (MOX) fuel assemblies for nuclear power units.http://www.world-nuclear-news.org/ENF-Russia-develops-remote-welding-for-MOX-fuel-13111401.html

Fuqing 1 attains full power

Fuqing 1 attains full power
Unit 1 of the Fuqing nuclear power plant in China's Fujian province has reached full capacity for the first time. Meanwhile, first concrete could soon be poured at the plant's fifth unit, the first-of-a-kind Hualong One reactor.http://www.world-nuclear-news.org/NN-Fuqing-1-attains-full-power-1311144.html

Fukushima Update 11/13/14

Fukushima Update 11/13/14 –

Tepco embraces Woods Hole Oceanographic’s report on Pacific Ocean Cesium… The question of where land-deposited Cesium is going, may have been answered… More post-accident transcripts have been released by Tokyo… Japan’s nuke watchdog will consider a formal public objection to the Sendai station restarts… Kansai Electric is set to apply for licensing extensions on two units… Fukushima farmers continue to suffer from consumer radiophobia.

http://www.hiroshimasyndrome.com/fukushima-accident-updates.html

The march of global de-dollarization continues.

http://www.informationclearinghouse.info/article40210.htm