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Showing posts with the label Saudi Arabia

The Rest of The Best Nuclear Energy News of 2013

Well, you know, not all the rest, but a few more items. This could go on all day: 1. Small Reactors – In December, The Department of Energy selected NuScale Power as the winner of up to $226 million in funding support for a cost-shared public-private partnership to develop innovative small reactor technology. The award will be disbursed over five years and will help the company design, certify and achieve commercial operation of its 45-megawatt NuScale Power Module small reactor design by 2025. DOE’s selection criteria for this award focused on reactor technologies that have unique and innovative safety features to mitigate the consequences of severe natural events similar to those at Japan’s Fukushima Daiichi. NuScale’s press statement noted that its design’s “unique and proprietary break-through technology” using natural forces of gravity, convection and conduction will allow “safe and simpler operations and safe shutdown.” DOE’s first award in 2012 focused on small reactor de...

A Poll, Saudi Arabia, Pueblo

The Hill takes note : A new poll commissioned by the nuclear industry shows that 71 percent of people in the United States support including nuclear power in the country’s energy portfolio. And why shouldn't it? This is a survey conducted by Bisconti and Associates for NEI. We know: an industry poll. But Bisconti's methods are fully transparent and it's equally transparent that the findings are in line with other similar polls, though those polls tend to be more interested in a wide range of electricity suppliers rather than nuclear in particular. So consider this a look at nuclear in, er, its particulars. And the poll doesn't ignore nuclear's cousins. A little more from the H ill's account: At the same time, the poll shows broad public support for a proposal floated by Obama to get large amounts of the country’s electricity from low-carbon sources. The poll finds that 89 percent of Americans think, “We should take advantage of all low-carbon ene...

As Gulf Prepares for Peak Oil, It Turns to Nuclear

Personally, I’ve always had my doubts about Saudi oil supplies. Sure, there’s some room for strategic ambiguity here. But when someone is playing their cards too close you always have to wonder if they’re just bluffing. The following article would seem to indicate that’s just what the Saudis have been doing. This morning’s story in the Guardian that US diplomats believed Saudi Arabia to have overstated their oil reserves should ring alarm bells around the energy world. Every time there is a debate about whether OPEC should raise production to lower oil prices [subscription req’d], many commentators argue it is irrelevant: that the Middle East doesn’t have as much oil as it says and that it can’t raise production enough to bring prices down. If this is true, it has serious consequences for the oil price. If OPEC doesn’t have the slack to up production and bring prices down, they will have a lot further to go above the $100 barrier. Simply put, the argument is this: Du...

The Saudis, Poyry, and The Think Tank Principle

We’re not entirely sure how to feel about this : Top oil exporter Saudi Arabia may mine and enrich uranium to fuel power plants if it embarks on a civilian nuclear energy program, a consultant preparing a draft nuclear strategy for the kingdom said on Wednesday. Of course, that “may mine and enrich” sounds a lot like a trial balloon to see how others react. And, as writer Amena Bakr points out, neighbor UAE avoided the issue altogether: Saudi neighbor the United Arab Emirates became the first country in the Gulf Arab region to embark upon a nuclear power generation program last year. But the UAE decided from an early stage to import fuel for the plants, as it sought to reassure the international community it had no military intentions with its program. So we expect the Saudis may want to evade similar issues. However: "Nuclear energy in Saudi is really a long term strategy that can span 10-20 years from now, while renewable energy can be deployed much faster,...

The Sunshine Patriot: Edward Markey Explains Energy Options to Saudi Arabia

Rep. Edward Markey (D-Mass.) let fly an op-ed in the Wall Street journal today entitled “Why Is Bush Helping Saudi Arabia Build Nukes?” that glides around some very odd desert lands. First, he dings President Bush for going nuclear instead of solar, noticing that the kingdom has lots of sunshine: Have Ms. Rice, Mr. Bush or Saudi leaders looked skyward? The Saudi desert is under almost constant sunshine. If Mr. Bush wanted to help his friends in Riyadh diversify their energy portfolio, he should have offered solar panels, not nuclear plants. Second, he doubts that Saudi Arabia has good intentions, especially with Iran nearby: An Iranian nuclear weapon would radically alter the region's balance of power, and could prove to be the match that lights the tinderbox. By signing this agreement with the U.S., Saudi Arabia is warning Iran that two can play the nuclear game. And third, those ingrate Saudis are taking advantage of us while they have us over an <ahem> ba...