Antinuclear

Australian news, and some related international items

Julian Assange’s fiancé calls on the Australian government to secure his freedom

June 23, 2020 Posted by | AUSTRALIA - NATIONAL, climate change - global warming, legal, politics international, secrets and lies | Leave a comment

Inside the new US policy on financing nuclear abroad

Daily on Energy, presented by API: Inside the new US policy on financing nuclear abroad, Washington Examiner, by Josh Siegel, Energy and Environment Reporter & Abby Smith, Energy and Environment Reporter | June 22, 2020 

INSIDE NEW POLICY ON FINANCING NUCLEAR ABROADThe U.S. International Development Finance Corporation mostly had small nuclear reactors in mind when it proposed this month lifting its ban on funding nuclear projects overseas. But a senior official from the DFC – a greatly expanded successor to the Overseas Private Investment Corporation – says the agency also envisions select situations for funding traditional large reactors, despite recent projects being delayed or canceled by cost overruns……..

The official cited a move by Congress a year after lawmakers passed the BUILD Act in 2018, which authorized the DFC, that called on the U.S. government to support energy diversification projects in Europe as a counter to Russia’s “energy dominance.”

It’s worth noting that some European Union member states, like Germany, are strongly anti-nuclear. Nuclear plant construction is currently underway in only three EU member states — Finland, France and Slovakia — according to the World Nuclear Association).
Opening the door for SMRs: Small modular nuclear reactors, meanwhile, are still under development and a decade or so from becoming widely operational. This has critics of the DFC’s move questioning the timing of it. The DFC official countered the new policy puts the U.S. in the game with China and Russia, which are already aggressively promoting their advanced nuclear technologies in developing countries……..
the policy shift commits DFC to nothing if small reactors end up being a flop. The DFC met with small reactor developers such as NuScale, an Oregon-based company seeking to be the first to have its license approved by the Nuclear Regulatory Commission, that were pushing for the agency to change its policy……

The DFC offers direct equity financing, loans, and political risk insurance, while Ex-Im can only offer credit or lending. The DFC has a total investment limit of $60 billion, amounting to about a $1 billion maximum per project, the official said.

He acknowledged the DFC does not have in-house expertise on nuclear power at the moment, but he said it’s not uncommon for the young agency to work with independent engineers and experts from other agencies to assess financing opportunities.

“I am not aware we have anyone on staff who has built a nuclear power plant,” the official said. “What we do have is very strong policies and procedures and frameworks to look at big complicated projects.”  https://www.washingtonexaminer.com/policy/energy/daily-on-energy-presented-by-api-inside-the-new-us-policy-on-financing-nuclear-abroad

June 23, 2020 Posted by | General News | Leave a comment

UK’s planning inspectorate should shut down the plan for Sizewell nuclear power, vulnerable to climate change

June 23, 2020 Posted by | General News | Leave a comment

NSW first renewable zone attracts stunning 27GW of solar, wind, storage proposals — RenewEconomy

 

NSW plan for first Renewable Energy Zone attracts “phenomenal” 113 registrations of interest for projects totalling 27GW and valued at $38 billion. The post NSW first renewable zone attracts stunning 27GW of solar, wind, storage proposals appeared first on RenewEconomy.

via NSW first renewable zone attracts stunning 27GW of solar, wind, storage proposals — RenewEconomy

June 23, 2020 Posted by | Uncategorized | Leave a comment

Big utilities split over delays to key reform that backs battery storage — RenewEconomy

 

Two big utilities that operate big batteries – EnergyAustralia and AGL – split from peers and argue against proposed delays to five-minute settlement period. The post Big utilities split over delays to key reform that backs battery storage appeared first on RenewEconomy.

via Big utilities split over delays to key reform that backs battery storage — RenewEconomy

June 23, 2020 Posted by | Uncategorized | Leave a comment

June 22 Energy News — geoharvey

Opinion: ¶ “Latin America’s Potential Green Hydrogen Economy” • The Covid-19 pandemic and crisis has led to increasing calls to redouble efforts toward an energy transition that would help the world reduce CO₂ emissions. For many countries of the Latin American region, clean hydrogen markets can be a key part of the economic recovery. [Inter […]

via June 22 Energy News — geoharvey

June 23, 2020 Posted by | Uncategorized | Leave a comment

Engineers say technology roadmap should focus on cheap renewables, energy storage — RenewEconomy

Australian engineers’ peak body join submissions calling for a technology roadmap based around cheap solar and wind and energy storage technologies. The post Engineers say technology roadmap should focus on cheap renewables, energy storage appeared first on RenewEconomy.

via Engineers say technology roadmap should focus on cheap renewables, energy storage — RenewEconomy

June 23, 2020 Posted by | Uncategorized | Leave a comment

Amazon signs biggest corporate solar PPA in Australia with Suntop project — RenewEconomy

 

Amazon identifies solar farm in NSW that will support the biggest corporate PPA with a solar project to date in Australia. The post Amazon signs biggest corporate solar PPA in Australia with Suntop project appeared first on RenewEconomy.

via Amazon signs biggest corporate solar PPA in Australia with Suntop project — RenewEconomy

June 23, 2020 Posted by | Uncategorized | Leave a comment

Minerals Council slammed for “woefully inadequate” Climate Action Plan — RenewEconomy

 

Minerals Council of Australia unveils Climate Action Plan with no dates or milestones for emissions reduction and no mention of phasing out coal mining or coal-fired power. The post Minerals Council slammed for “woefully inadequate” Climate Action Plan appeared first on RenewEconomy.

via Minerals Council slammed for “woefully inadequate” Climate Action Plan — RenewEconomy

June 23, 2020 Posted by | Uncategorized | Leave a comment

Australian made hydrogen must be green, or it will have no export market — RenewEconomy

 

Global markets will increasingly require ‘green hydrogen’ certification as they decarbonise their economies in line with Paris goals. To get distracted by anything less would be a fool’s errand. The post Australian made hydrogen must be green, or it will have no export market appeared first on RenewEconomy.

via Australian made hydrogen must be green, or it will have no export market — RenewEconomy

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