"The Inflation Reduction Act Will Spawn Nuclear Energy’s Growth"
quote
There’s been echoes of a nuclear renaissance for two decades. But the passage of the Inflation Reduction Act may be the catalyst that brings it to fruition. The law provides a production tax credit for existing nuclear energy units — similar to the ones received by wind and solar farms. That is something that will keep those plants competitive, preventing their early retirement. Lenders and investors will now perk up because of those tax benefits.
But the industry will look differently, comprised of small modular reactors — not the jumbo-sized ones, which have been unable to meet their timetables or budgets. The smaller ones, assembled onsite, are cheaper to build, safer to operate, and could soon appear in North America.
“The Inflation Reduction Act puts nuclear on the same playing field as renewables,” says Doug True, the chief nuclear officer at the Nuclear Energy Institute, during a symposium hosted by the United States Energy Association, in which this reporter was a panelist. “It will stimulate more interest in nuclear. Adding 300 reactors that generate 90 gigawatts over 30 years might be on the low end once this plays out. . . .”
Southern Company, along with the holding companies for many/most of the customer-owned EMCs in GA, is about to turn up plant Vogtle Unit 3, with Unit 4 to follow, shortly. This is the only "new" nuclear construction to occur within the US for... decades.
I have to believe that this will position the owners to take advantage of - and be in a position to supply - the demand for energy required by electric cars, among other things. This in addition to Southern's adoption to solar (mostly) and wind energy (which I tend to snicker at, but that's a whole different topic for discussion at a different time. Hell... at least they're trying. )
Edit - The start of construction happened nearly a decade before the ridiculous "Inflation Reduction Act" was even thought about.
[This message has been edited by Raydar (edited 10-19-2022).]
"Smaller, simplified reactors are poised to reinvent nuclear energy and bring economic, carbon-free power to support global demand." NuScale Power website https://www.nuscalepower.com/environment
"Smaller, simplified reactors are poised to reinvent nuclear energy and bring economic, carbon-free power to support global demand." NuScale Power website https://www.nuscalepower.com/environment
Wow, that's actually pretty cool! I would be concerned about transportation though... you'd need a lot of police to protect it while enroute.
Wow, that's actually pretty cool! I would be concerned about transportation though... you'd need a lot of police to protect it while enroute.
You can't ship small engines with gas in them. I don't think it would be much of a stretch to think these would also ship empty. In fact, I would bet that all of the fluids required for operation would be drained and shipped separately.
Wow, that's actually pretty cool! I would be concerned about transportation though... you'd need a lot of police to protect it while enroute.
It's almost as "cool" as if someone had already made,.... ohhhh say about 400+ or more reactors about 75% SMALLER than that......you know, like ones that would fit inside of a say, oh.... a submarine or an aircraft carrier and could produce huge amounts of electric power even for emergency uses onshore......Yeah....that kind of "cool".
Gotta love it when dimwits, (not you Todd), somehow think this kind of stuff is "new".
[This message has been edited by randye (edited 10-21-2022).]
Gretea Thunberry used to say her goal was to protect the planet from climate change but she now admits it's to overthrow "the whole capitalist system," which she says is responsible for "imperialism, oppression, genocide.. racist, oppressive extractionism".
Just goes to show that environmentalism and climate change isn't about science, compassion for the people or planet, nor education. It has always been nothing more than a political weapon topic to throw at others, because your real goal is to burn it all down.and take control.
Surprise! Surprise! Gretea Thunberry [sic] used to say her goal was to protect the planet from climate change but she now admits it's to overthrow "the whole capitalist system," which she says is responsible for "imperialism, oppression, genocide.. racist, oppressive extractionism".
Just goes to show that environmentalism and climate change isn't about science, compassion for the people or planet, nor education. It has always been nothing more than a political weapon topic to throw at others, because your real goal is to burn it all down.and take control.
That's glib.
I've examined a fair number of online research reports about how the Earth's climate has been changing and how researchers connect that to human activities and enterprises, including (but not limited to) the burning of coal, oil and natural gas to provide energy. Trying to get a small ways beyond the general reader level of news media reports about climate research. And (to be candid about it) looking for ways to "one up" some other forum member's remarks about these topics. Not so much lately, but time was....
I'm not a scientist, by any means. Usually, when I do this (and it's not so much recently) I will read the Abstract, which provides an overview or summation of the research report. (The Abstract, by convention, is always formatted as a single paragraph, but what this most often creates is the material for two or more properly delineated paragraphs, all strung together into one long, meandering and hard-to-read paragraph. A "run on" paragraph, that if it were being graded on writing skills, would deserve an "F". Go figure.)
So I will read through the Abstract. I will look at some of the numerical tables or data plots. Or photographs or drawings. I will scan the list of article references or citations at the end of the research report, taking notice of the dates, so as to get a sense of currency. Is this the latest research, or how many years does it go back?
As far as my memory serves me, not once have I ever encountered the name of Greta Thunberg as an author or coauthor of any such research report. Not once have I ever seen a reference to Greta Thunberg in the text of a research report, or any reference or citation of Greta Thunberg in the list of references or citations that comes at the end of a research report. Not that I recall.
Thunberry and the rest of the leftist simps have no idea about the state of the real world. If you have an opportunity to go visit a 3rd world country, and I mean for real, not a resort for foreigners, but amoug the people. You will be enlightened.
Most of the world would give anything to live in the safety & freedom of the west.
And those born into the west- not only have no gratitude for it- they want to destroy it. It's beyond comprehension. It's just legitimate ignorance.
On October 31, 2022, the Bureau of Ocean Energy Management announced [the finalization of] two Wind Energy Areas (WEAs) in the Gulf of Mexico.
The first final WEA is located approximately 24 nautical miles (nm) off the coast of Galveston, TX. The area totals 508,265 acres and has the potential to power 2.1 million homes with clean wind energy. The second final WEA is located approximately 56 nm off the coast of Lake Charles, LA. The area totals 174,275 acres and has the potential to power over 740,000 homes.
The next steps in BOEM’s renewable energy competitive leasing process include issuing a Proposed Sale Notice for a 60-day public comment period later this year or early next.
[This message has been edited by rinselberg (edited 11-02-2022).]
All fine and dandy, until the wind doesn't blow. This idea still fails until you have something to replace it during lull times. Either enough nuclear power or battery capacity. Until then it's just a pipe dream. We could just leave the coal plants in place and use them except the US Gov has killed coal.
On October 31, 2022, the Bureau of Ocean Energy Management announced [the finalization of] two Wind Energy Areas (WEAs) in the Gulf of Mexico.
The first final WEA is located approximately 24 nautical miles (nm) off the coast of Galveston, TX. The area totals 508,265 acres and has the potential to power 2.1 million homes with clean wind energy. The second final WEA is located approximately 56 nm off the coast of Lake Charles, LA. The area totals 174,275 acres and has the potential to power over 740,000 homes.
The next steps in BOEM’s renewable energy competitive leasing process include issuing a Proposed Sale Notice for a 60-day public comment period later this year or early next.
They could install them on the oil derricks.
[This message has been edited by olejoedad (edited 11-02-2022).]
This is a prediction. A sorcerer's crystal ball view. You've obviously have money in these schemes. Who will take the blame and be held responsible when things don't work as planned and how the magic 8-balls predicted? All but the devoted members of the church of Climate n' Change know that answer. Same crap done in European countries, turned out not to work as planned.
Maybe the wind won't blow as it used too as co2 and other gases gradually get eliminated.
Originally posted by WonderBoy: This is a prediction. A sorcerer's crystal ball view. You've obviously have money in these schemes. Who will take the blame and be held responsible when things don't work as planned and how the magic 8-balls predicted? All but the devoted members of the church of Climate n' Change know that answer. Same crap done in European countries, turned out not to work as planned.
Maybe the wind won't blow as it used too as co2 and other gases gradually get eliminated.
You'll be able to contact your Floating Offshore Wind Shot Ombudsman (or Ombudswoman). If you don't know how, the U.S. representative for your district in Congress will be able to help you.
After completing the installation, the PivotBuoy project will be tested in fully operational conditions until March 2023, feeding the electricity produced to PLOCAN’s smartgrid, after it has been commissioned.
The PivotBuoy Project is backed by a €4million grant from the European Commission H2020 Program. Led by X1 Wind[,] the consortium includes leading companies EDP NEW, DNV, INTECSEA, ESM and DEGIMA and world-class research centres WavEC, DTU and PLOCAN.
[This message has been edited by rinselberg (edited 11-03-2022).]
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