Rewiring Australia’s Post

Power generation by nuclear plants to gain 37% globally by 2036 — Novak The country has also completed certain groundwork in the hydrogen energy sphere, the Russian deputy prime minister said MOSCOW, October 4/ Global electricity generation at nuclear power plants (NPP) will surge by 37% to 3.7 TWh by 2036, which will expand Russia’s capabilities of exporting peaceful nuclear technologies, Deputy Prime Minister Alexander Novak said in the op-ed for the Energy Policy magazine. "Electric power generation at NPP globally can grow from 2.7 to 3.7 TWh (+37%) by 2036, which provides extra opportunities for exporting Russian technologies in this sphere," Novak noted. The country has also completed certain groundwork in the hydrogen energy sphere, the official said. Rising demand for low-carbon energy sources also boosts demand for nuclear technologies, where Russia holds a solid position and maintains confident global leadership, Novak added. Increasing the level of energy efficiency of the fuel and energy sector remains among key issues, which will make it possible to solve the whole range of tasks as regards the climatic agenda, de-carbonization and economic growth support, and will save natural energy resources, the official said. "Implementation of digital technologies and transformation of business processes, and forming the efficient human resources policy with consideration of industry labor market forecasting are also on the agenda," Novak added. #business #finance #financialservices

The antipodeans Sir Ernest Rutherford "father of nuclear physics" and Sir Mark Oliphant, "Opposer of the fission bomb" were the first experimental demonstrators of nuclear fusion. Why then are the Australian Government and the Federal Opposition not working to get it developed in Australia and bring it back home? New Zealand has, so why not Australia? Interesting articles about Nuclear and I know you haven't looked at Fusion. So let's look at the nuclear or Fission option versus Fusion 1. Fission (Nuclear) Not able to be licenced. https://lnkd.in/gbm2t5uU 2. Authorities have the power to grant licenses for fusion, which is not explicitly covered by the Nuclear Act or the ARPANSA definition. https://lnkd.in/gjKFABpy The above ARPANSA link defines nuclear as fission—no mention of Fusion. 3. A fission (Nuclear)reactor without fissile fuel is a building. 4. A fusion reactor without fissile fuel is a fusion reactor building 5, Fissile (Nuclear) fuel availability and the future cost is a concern, especially for economists and users Dittmar, M. (2011). The End of Cheap Uranium. ArXiv. /abs/1106.3617 Even the UN has identified this, so why does the Fission(Nuclear) industry persist in denying its death like fossil fuels https://lnkd.in/gze5rwpr 6. Should the focus in Australia be on nuclear fission advancement or the promotion of fusion technology? 7, Fission (Nuclear) is only at present in 39 countries out of 189. 8. Is Dutton doing a Menzies and wanting a loophole to get fission (Nuclear) weapons to start with for the subs? 9. Australia still has no high-level radiation waste storage facility 10. Helion Fusion has committed to having its fusion version working in 2028 11. The FIA (Fusion Industry Association) has postulated that commercial power fusion will be available in the 2030s. 12. In its fusion conference report in 2023, the IAEA postulated that all International nuclear (Fission) Laws like the Nuclear Non-Proliferation Treaty do not consider fusion, so it seems it can be built in Australia now. 13. Fusion is also being developed "Small Modular Fusion Reactors" like Zap Energy and Avalanche Energy. 14. HB11 and the UNSW Tokamak project have positioned Australia prominently in the trillion-dollar international fusion industry. Instead of relying on fission with a limited lifetime, wouldn't it be preferable to support Australian renewables, batteries, and hydrogen energy generators and back them up with a fusion power plant? This would eliminate the traditional waste problem while still providing medical isotopes and advancements in medical technology like MRIs. Let's focus on creating a sustainable future for Australia instead of perpetuating pollution and leading to an energy crisis. https://lnkd.in/ekakyifA

Nuclear energy is a proven source of clean, reliable energy globally and could play a role in Australia's clean energy transition. So far nuclear has been unable to contribute due to federal and state bans on the technology. We are calling on Anthony Albanese and Peter Dutton to work together to overturn the ban and provide bipartisan support for a regulation and equal access to government incentives currently provided to renewables. Here's what Australia’s big electricity generators are saying about the potential role of nuclear energy. Damien Nicks, AGL’s chief, said "There is no viable schedule for the regulation or development of nuclear energy in Australia.... policy certainty is important for companies like AGL and ongoing debate on the matter runs the risk of unnecessarily complicating the long-term investment decisions necessary for the energy transition.” “We know that Australia will need some form of controllable long-duration, zero-carbon storage or generation to deliver net zero by 2050,” an Energy Australia spokesperson said, adding that green hydrogen or nuclear had potential to play a role. Quotes found in this Guardian article. https://lnkd.in/gW44yEnf

Deep in this report from the World Nuclear Organisation — under the bland heading “system costs” — they ‘fess up to another major flaw in Peter Dutton and Ted O’Brien’s nuclear delaying tactic — the already poor economics of conventional 1000MW unit nuclear power stations fall off a cliff when intermittent renewable generation exceeds 30pc in a market — which it is bound to do in every mainland state of Australia. The economics can only be rescued by giving nuclear plants a rails run — priority over your rooftop solar, utility solar and wind generation, the cheapest in the fleet — under a capacity scheme of some kind. Time for the coalition to come clean on this.

Important to read

Norway has only one per cent of Europe's population, but 20 per cent of the hydropower resources, 50 per cent of the water reservoirs (stored water for hydropower production), 40 per cent of the gas resources and 60 per cent of the oil resources. Norway's vision is that Norway should take a leading role as the first renewable and all-electric society in the world. They see SMR as part of their future energy mix. Norsk Kjernekraft aims to build, own and operate SMR power plants in Norway in collaboration with power-intensive industry. It says it will prepare licence applications in accordance with national regulations and international standards. It will follow the International Atomic Energy Agency's approach for milestones, and focus on what creates value in the early phase. Financing will take place in collaboration with capital-strong industry and solid financial players. Further Norwegian site identified for SMRs : New Nuclear - World Nuclear News (world-nuclear-news.org)

Key findings published by Australian Broadcasting Corporation (ABC) highlight insights from our esteemed Fellow Dr Alan Finkel AC AO FTSE FAA, Australia’s former Chief Scientist, and feature some key figures: ⚡ The share of the world's electricity sourced from nuclear power? 9% ⏳ How long we have to replace 90 per cent of Australia's coal-fired power? 10 years ⏲ How long Dr Finkel says going to nuclear will delay the shift from fossil fuels? 20 years 🔋 How much of our grid is projected to run on renewables and storage by 2040? 96% 💰 How much more expensive building nuclear power in Australia would be than renewables supported by batteries? 1.5 times For Dr Finkel it boils down to this – we should be open to the technology, but it’s not going to help us in the next 20 years. “It just can’t possibly happen in the time-frame that we need. But that doesn’t mean we should rule it out because there’s that long term benefit,” said Dr Finkel. 🔗 Explore the full article here: https://lnkd.in/gTEv7t6S

South Korea explores nuclear power station in UK. South Korea's Korea Electric Power Corporation (KEPCO) is reportedly in discussions with the UK Government regarding the potential construction of a nuclear power station off the coast of Wales. Department for Energy Security and Net Zero Claire Coutinho #nuclearenergy #nuclearpower #renewableenergy #renewables #climatechange #climatecrisis #climateaction #climatesolutions

#Baseload #facts #nuclearforaustralia HOUSE SELECT COMMITTEE ON NUCLEAR ENERGY Inquiry into nuclear power generation in Australia (Public) MONDAY, 28 OCTOBER 2024 CANBERRA Ms MASCARENHAS: Following on from that, can you explain why base load is fundamentally not required in Australia's future energy grid? Mr Grimes: Smart Energy Council Fantastic! Power demand fluctuates widely over time. In the middle of the day, when industry is working and factories are working, demand is relatively high. At 3 am it's almost non-existent. Our energy system of the past, because the technology we had was coal-fired power stations, couldn't be turned off. Nuclear energy can be throttled down, but nuclear energy cannot be turned off. It's an inflexible energy source. You've got demand changing over time. Demand also changes with the weather—extreme cold, extreme heat. It changes with the seasons. At the moment we've got plenty of renewable energy and low demand. What you need to do is match supply with demand. To stay wedded to a concept of base load is to have an economic inefficiency, to have the cost of generation that does not meet the market demand. What that does is raise the price of the electricity system for everybody. Base-load power is a 1950s concept that is being utterly debunked, and for the coalition in their talking points to hang on to this, because it sounds like those manly man electrons from coal and gas are going to save the day, is utter rubbish. unquote ----‐‐----------- Below, you can find NEM data for the past 7 days, marked with 3 AM on December 4th. Contrary to Mr. Grimes' ( John Grimes ) belief that power demand is non-existent at 3 am, the data shows NEM requires 19.3 GW, with 14.8 GW coming from coal, which is almost 77%. Keep this in mind before buying into such baseless "baseload" narratives. Nuclear for Australia WePlanet Australia

Wylfa has been selected as the site for the next nuclear power plant, highlighting its strategic significance in enhancing the UK's energy infrastructure. This decision reinforces the dedication to sustainable, low-carbon energy solutions. The upcoming plant at Wylfa will play a vital role in fulfilling the UK's future energy needs, offering a stable and dependable power source. This initiative marks a significant stride towards reaching the nation's NetZero goals, with nuclear energy serving as a cleaner alternative to traditional fuels, curbing our carbon emissions and bolstering environmental sustainability. Beyond its environmental merits, the Wylfa nuclear power plant will deliver substantial economic benefits to the region. Anticipated to generate numerous job opportunities during construction and operational phases, the project will invigorate local economies, foster skill enhancement, and bolster overall economic prosperity. At ENG Bauen, we are enthusiastic about the potential of this project to foster innovation within the nuclear energy sector. We eagerly anticipate contributing to the positive impacts it will bring to both the environment and the economy. #NuclearEnergy #CleanEnergy #Sustainability #NetZero #Wylfa #EnergyInnovation #GreenEnergy #EconomicGrowth #JobCreation #UKInfrastructure #ENGBauen