An Industry In Decline

World Atomic Output Falls by Record in Fukushima’s Aftermath

http://www.businessweek.com/news/2012-07-06/world-atomic-power-output-fa...

By Kari Lundgren on July 06, 2012 Bloomberg News

World nuclear power production dropped by a record 4.3 percent last year as the global financial crisis and the Fukushima disaster in Japan prompted plant shutdowns and slowed construction of new sites. Reactors generated 2,518 terawatt-hours of electricity, down from 2,630 terawatt-hours in 2010, according to the World Nuclear Industry Status Report 2012 published today. Atomic power accounted for 11 percent of all electricity generation.

Seven reactors began operating in 2011 and 19 were shuttered, the report shows.

At least five nations, including Egypt, Italy and Kuwait, have suspended plans to build their first reactors.

Even countries such as the United Arab Emirates, intent on using nuclear power to meet a third of electricity demand by 2020, can’t get the financing they need. “If banks don’t want to lend the money then where is this supposed to come from?” “The financial situation has dramatically worsened since Fukushima.”

There are 59 nuclear reactors being built globally and at least 18 are experiencing “multiyear” delays, according to today’s report. Nine have been listed by the International Atomic Energy Agency as “under construction” for more than 20 years.

US-owned requirement

The quoted section of the Atomic Energy Act states that a nuclear power plant must be US-owned.

The entity that proposed Calvert Cliffs 3 is essentially owned by the French company AREVA.

Rejected by a 2 to 1 margin

Lithuanians reject nuclear power plant by a 2 to 1 margin

http://www.power-eng.com/news/2012/10/16/lithuanians-rejection-of-nuclea...

Just over 60 percent of voters expressed opposition to the construction of the plant, which is planned to have a 1.3 million kilowatt advanced boiling water reactor, far exceeding the some 30 percent in favor.

Since the Fukushima disaster, Germany and Switzerland have both decided to abandon nuclear power. Japan is also promoting a strategy toward doing away with nuclear power generation in the 2030s.

In Lithuania, the Ignalina nuclear power plant accounted for more than 70 percent of electricity consumption in the country in the early 1990s, right after it left the Soviet Union. The country shut down the Soviet-era plant in late 2009, after the European Union requested its closure due to obsolescence as a condition for Lithuania joining the union.

A student who voted in the capital Vilnius said the world is already leaning toward a post-nuclear future. With the project requiring exorbitant costs and given the Chernobyl and Fukushima accidents, Lithuania should seek ways other than nuclear power to reduce its reliance on Russia, the student said.

More fuel for shoddily-constructed reactors

Borrowing billions we cannot afford; to acquire dangerous fuel; for brittle reactors, with defective designs; in precarious locations.

http://www.huffingtonpost.com/2012/09/25/uranium-enrichment-plant-nuclea...

Oh, and a video of ~ 170,000 Tokyo residents protesting against nuclear power generation.

Yeah, THAT is definitely an industry with a SMILEY FACE future … NOT

50 Spams

Lots of Spam today

Waiting for deletes.

Thanks BRAWM

More like 100

SPAMMED in the night