Rolls Royce Plans Mini Nuclear Reactors For UK

Amid all the huff and puff about wind farms and the moonshine about solar power, this blog, while deeply sceptical of Carbon Dioxide driven climate change has always said if there is a need to move to clean technologies for generating electricity, nuclear was the only viable solution.

Nuclear power has of course faced implacable opposition from the Green Blob, whose opposition to anything with any chance of reducing CO2 emissions without destroying western civilization has blocked progress on nuclear, tide power, wave power and river barrages (sorry, can’t raise the river level a couple of inches, the mud flats are a habitat for two toed toads.”)

So where do we go now? Here’s one idea guaranteed to enrage the Green Blob. For that reason alone it must be worthy of consideration.

from New Atlas

Rolls-Royce plans to build up to 15 mini nuclear reactors in Britain

Artist's concept of a Rolls-Royce SMR plant

Artists impression of one of the  planned Nuclear Plants, source Rolls Royce via New Altas

Rolls-Royce has announced that it plans to build, install, and operate up to 15 mini nuclear reactors in Britain, with the first set to go online in nine years. In a BBC Radio 4 interview with business journalist Katie Prescott on January 24, 2020’s Today program, Paul Stein, chief technology officer for Rolls-Royce, said that the company is leading a consortium to produce factory-built modular nuclear reactors that can be delivered for assembly by ordinary lorries.

Currently, the world is undergoing a boom in nuclear power. According to the World Nuclear Association, there are 448 operating civilian reactors and another 53 under construction. However, almost all of these are being built in Eastern Europe and Asia, with China alone building more reactors than the entire Western world combined.

Part of the reason for this is political with every reactor program in Europe or North America facing implacable environmentalist opposition and part of it is the expense of building and operating large reactors in an energy economy now dominated by cheap natural gas. However, one technology trend that could reverse this stagnation is the development of small, modular nuclear reactors that could be mass-produced in factories, carted to the site by ordinary lorries, and then assembled to generate cheap carbon-free electricity.

This approach, too, has its drawbacks, but Rolls-Royce believes that its consortium has got its sums right and can restart Britain’s nuclear industry by building up to 15 Small Modular Reactors (SMR) with an expected value to the UK economy of £52 billion (US$68 billion), another £250 billion (US$327 billion) in exports, and 40,000 new jobs by 2050.

Each power station is projected to have a service life of 60 years and generate 440 MW of electricity, or enough to power a city the size of Leeds. The estimated cost of the electricity generated is £60 (US$78) per MWh.

“Our plan is to get energy on the grid in 2029,” Prescott told the BBC. “The obvious sites to put them are what we call brown-field sites – sites where we’re running elderly or decommissioned nuclear power stations. There are two sites in Wales and one in the northwest of England. Eventually in the UK, we’ll be rolling out 10 to 15. We’re also looking to a significant export market. In fact, the current estimate for the export market for SMRs is £250 billion, so this could be a huge industry.”

According to a previous press release from Rolls-Royce, the British government has already promised £18 million in matching funds, or about half the present costs of the endeavor, with the consortium partners providing the rest. Prescott says that the advantage of the Rolls-Royce plan is that it doesn’t involve building a whole new reactor, as other companies have tried to do, but rather to adapt a present design. In addition, the reactors will be built along manufacturing lines rather than civil construction, which the company claims will drive down costs rather than inflating them.

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Greta Thunberg Slams Australia for Coal Industry, Expands List of Climate Demands

Little Greta Thunberg, who was elected by nobody apparently now speaks for us all on matters relating to climate change. The Swedish climate change hustler who is making a fortune for her handlers from donations to her campaign, again castigated Australia for continuing to mine and export coal despite her previous complaints, adding a call for an end worldwide to the actibity to her list of climate demands to be delivered at the upcoming World Economic Forum in Davos …

 

WEF Davos 2020: Trump slams climate ‘prophets of doom’


Climate protestors at Davos (Picture: Getty via Deutsche Welle)

Although climae change was the top issue issue on the agenda at this year’s World Economic Forum in Davos, Switzerland, the so called ‘world No. 1 climate change denier, U.S. President Donald Trump was one of the main speakers. He and the darling of Social Justice Warriors, Swedish munchkin Greta Thunberg laid out competing visions for the future of the planet: Trump spoke of economic progress through technology which, he claimed, would also address the environmental problems leftist eco – warriors complain of. Thunberg extolled the hippy – dippy dream of abandoning civilisation and returning to to a planet friendly, hunter – gatherer lifestyle without mentioning that to fulfill her dream of a carbon – free world would mean millennials giving up their iPhones, plasma screen TVs, electric cars and other little politically correct luxuries. But little Greta has always been big on making demands about what people should be compelled to do but somewhat lacking when it comes to offering practical solutions.

Trump dismissed the concerns of environmental activists as “pessimism,” and said the world must ignore prophets of doom, in an impressive speech made political and business leaders at the World Economic Forum (WEF) in Davos, but his words were chosen with the US domestic audience very much in mind.

Climate change and global warming are topping the agenda at this year’s annual meeting in the Swiss ski resort of Davos, with activists at odds with businesses and governments about how to tackle the issue. We can only conclude from the importance attached to climate change that the global banking cartel have developed a way to make money out of it.

Here are a main points of Trump’s speech:

The US leader dubbed climate activists “prophets of doom” and rejected their warnings of climate related humanitarian catastrophe, saying: “Fear and doubt is not a good thought process.”

Despite the concerns expressed by the environment lobby about Carbon Dioxide emissions emissions, Trump trumpeted the success of the USA as one of the world’s largest producers of natural gas.

He announced that the US would be joining the WEF’s 1 trillion trees initiative.

When asked about his stance on climate change by reporters ahead of his speech, he said: “I’m a big believer in the environment. The environment is very important to me.”

Much of Trump’s speech was focused on praising his administration’s domestic economic successes including job creation, a resurgence of manufacturing and cutting through bureaucracy and saying that by rolling back regulations, prosperity “would come thundering back at record speed.”

“A nation’s highest duty is to its own citizens,” he said. “Only when governments put their citizens first, will they be invested in their national futures.”

Following Trump’s speech, Swedish teen climate activist Greta Thunberg, recently exposed as a front for much older though no less immature far left activists when it was revealed her father is responsible for authoring her online articles and public speeces her online activities, writing and posting items in her name.

Greta predictably criticized world leaders and business executives for failing to meet their climate obligations. She also complained that her previous demands for action to drastically reduce Carbon Dioxide emissions had been ignored. As in all her speeches and articles, her lack of economic awareness or understanding of how the global economy works are glaringly obvious. She appears to believe CO2 emissions can be reduced simply by flicking a switch and completely fails to acknowledge that to achierve the things she want done overnight would actually take decades, cost millions of industrial jobs in the developed nations and trash the economies of those nations.

Critics have also been pointing out that she addresses all her remarks to western leaders and consumers and makes no criticism of the world’s biggest poluter, China, or other rapidly growing economies such as India, Indonesia, Brazil and Nigeria. Ah well, I guess on planet Hippy – Dippy third world nations and people are above citicism. Trouble is, whenever the demands of Greta and her supporters are met by the developed world, targets are only achieved by transferring the dirty processes to economies the eco warriors will not complain about for fear of being called racist.

What makes me so sure the whole Thinberg phenomenon is a carefully managed Public Relations campaign is that nobody is asking: “Hey kid, you haven’t even reached school leaving age yet, you are certainly not old enough to vote, who the fuck elected you to speak for the people of the world?”

Addressing the audience of business leaders Thunberg said, as she has many times before “Unlike you, my generation will not give up without a fight. The facts are clear but they are still too uncomfortable for you to address.”

“Our house is still on fire. Your inaction is fueling the flames by the hour. And we are telling you to act as if you loved your children above all else,” Thunberg said, repeating comments from her WEF appearance last year.

At a panel just before Trump arrived, Thunberg emphasized that moderate changes will not be enough to slow the impact of climate change. So if she gets her way, millions will starve and billions will be plunged into poverty as the industrial economies are shut down in order to achieve zero Carbon Dioxide emissions.

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German Scientist Confims Climate Change Ia A Politically Motivated Scam

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Clean Green Power Sucks – China Goes All Out For Coal

The lying leftie paskudnyaks clean, green, save the planet machine and the worshippers of Greta Thunberg are always eager to tell us that China is the world’s biggest investor in sustainable energy and has more wind turnbines installed than any other nation on earth. It is the worst kind of lie because it is true, but only tells half the story. And someytimes being told half the story creates completely the wrong impression in the mind of the audience.

In this case the weirdie bearies and tree shaggers are giving the impression that by trashing our economies in the west, trying to meet unrealistic targets for eliminating carbon emissions we are being good global citizens, while by pointing out the stupidity of such ambitions shows we are evil capitalist sociopaths intent on destroying the planet.

So what is the full story?

While it is true that China has installed huge numbers of wind turbines, this is nothing to do with cleaning up the environment. China is installing wind turbines because then need electricity, end of story. At the same time China is planning to massively increase its coal-fired energy production. This makes a nonsense of claims by gullible Western politicians and dishonest environmental activists that China is as keen as anyone to do its bit to ‘combat climate change.’ by reducing CO2 emissions.

A report from Bloomberg reveals that China now has enough coal-fired generating plants in the various stages of planning and construction to match the entire capacity of the European Union, and that’s on top the ones they already have up and running. So much for doing their but to clean up the environment and show support for the movement against highly polluting fossil fuel.’

Bloomberg tells us:

“The nation has almost 148 gigawatts of coal-fired capacity under active construction or likely to be resumed after being suspended, Global Energy Monitor, a non-profit group that tracks coal stations, said in the press release Thursday based on plant-by-plant data. That’s almost equivalent to 150 gigawatts of existing coal fleet capacity in the EU and more than the combined 105 gigawatts under construction in the rest of the world, it said.”

China’s plans contrat with those of many other countries, including France’s goal of being a zero carbon economy by 2040 and the U.K.’s pledge to close all coal plants by 2025, (both of which cannot be achieved without irreversible damage to the economies of those countries. Beijing remains committed to coal as its biggest and cheapest source of electrical power, and also to sidelining the developed economies and achieving global economic hegemony. In effect The People’s Republic has thrown down a major challenge to global emissions reduction targets. Its additions in the 18 months to June dwarf declines elsewhere in the world, according to the report. Meanwhile western leaders are intent on taking orders from the Sewedish baby troll and destroying civilisation, all are so firmly committed to helping China’s world domination bid carbon free economies with the exception of Donald Trump who doesn’t seem to be committed to anything except making The Democrats look stupid.

None of this is news to climate realists, I have been warning for ten years that China was rapidly expanding coal fuelled energy generation while western leaders were talking about returning to medieval technologies like windmills. One of the main arguments put by climate change sceptics against concerted government action by the West to decarbonise its economies is that it takes no account of emerging economies like Nigeria’s, Pakistan’s Indonesia’s, India’s and, especially, China’s. Any attempts to cut carbon dioxide production in Western economies are more than offset by the growth in China’s CO2 output alone. And China’s is matched by the others mentioned.

This latest development was predicted in a report published last year by the Global Warming Policy Foundation.

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While Eco Loons Worship Fairies, Reality Exposes Real Cause Of Amazonian Fires/

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Leavers Decry Boris’ Deal But RemainersAre Panicking

 

As Britain gears up for a General Election on December 12, accusations fly from both sides in the Brexit debate about Boris Johnson’s deal.

“It’s a betrayal, not really Brexit, it will leave us still subject to EU laws and trade regulations,” Leave supporters say.

“It will trash our economy, destroy the value of the pound, cause massive increases in unemployment and leave us politically isolated in a hostile world,” say the people who for three years have tried all sorts of stunts to thwart Brexit.

So where does that put the majority of us who voted Leave on the basis of a considered review of evidence rather than some ideological agenda?

No, you can’t always get what you want
aaaah
No, you can’t always get what you want
aaaah
But if you try sometime, you just might find
You get what you need

So sang the rolling stones more years ago than I care to remember. It was good advice that I, as a Leave voter who voted LEAVE (in capital letters), not leave with a dodgy deal, leave but stay in a customs union and subject to EU laws and certainly not “think about leaving and then decide to have another referendum,.” after my experience of working for the EU I wanted a clean break.

But I was under no illusions, you can’t always get what you want annd knowing the political and legal establishment, the media, much of the business community and academe were rabidly pro EU and all that it stands for it would have been unreasonable to expect we’d get clean away.
The EU did not want to let us go, our own political parties and opinion makers were hopelessly divided and gave no leadership, .and when the Conservative Party backroom deal makers shoehorned Theresa May into Downing Street I almost plunged into despair.

Boris’ deal is not great, there are some strings attached that may be hard to break, but unlike the Leavers who are claiming it is a betrayal or it is the same as May’s deal, I’m willing to give him a chance.He called the EU’s bluff and managed to convince them he was serious enough about No Deal to make them reopen May’s surrender treaty and not only secure some concessions but also open a few gates to amending the terms of our relationship with the EU later.

And we have dates at which various states of the transition will be completed.

So let’s not fool ourselves that a ‘no deal’ exit would have meant totally in the EU one.day, totally out the next, that was never going to happen just as when two commercial organisations merge they do not become a new organisation overnight.

I did not get what I wanted, but given that Boris and his team have rescued us from May’s awful deal, I’ll settle for what is on offer for the present and keep working to expose the EU for the Cultural Marxist project it is, hoping that in some small way I can influence our politicians to progressively increase the distance between London and Brussels and encourage voters in other EU states to step up the pushback agains the EU Commission’s imperal ambitions.

After all it might be what we need to strike a bow at the foundations of the European project to create a federal superstate from Europe;s sovereign nations.

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Disastrous Manufacturing Figure Herald German Economic Recession

Germany has long been the prop that held up the economically feeble EU, in which more than helf the 27 members that will remain in the bloc after Britain leaves are economic basket cases (some due only to the strictures of Eurozone membership, others because of the traditional weakness of their national economies,) so with Germany slipping towards the recession we and other well informed blogs and news site have predicted since Merkel’s ‘open doors’ immigration policy allowed a couple of million iliterate, uneducated, unskilled and unemployable immigrants to flood into the country, incresing the bill for welfare services exponentially, problems for Germany’s high – tech manufacturing led economy which needs highly skilled, well educated and adaptable workers and professionals was inevitable.

When we wrote about the early signs of recession in the German economy we were scoffed at, called far – right nut jobs and conspiracy theorists, and inevitably, racists because anyone but a racist would know that a couple of millon unemployable immigrants living on benefits can only boost a high – tech economy.

Today, for all the auusurances by Europhile politicians and bureaucrats that everything in the European Union is on the up and up, Germany is on red alert for recession following the biggest collapse in activity for its mighty industrial sector since the financial crisis. Technically Germany already is in recession, they’re just not willing to admit it.

The eurozone’s bigge,t and most powerful economy relies on exports but its car industry has been punished by a slowing global economy,   government policies promoting electric vehichles which nobody want to buy because they are hideously expensive and useless, and the fallout of the trade war between the US and China.

Financial information service IHS Markit’s latest snapshot of Germany’s manufacturing growth – where a score under 50 signals contraction – dipped to 41.4, its worst level since 2009, as demand from non – EU trading partners slumped. There were also worrying signs that the manufacturing slump is spreading to the service sector after firms in that sector experience their first fall in new business since 2014.

Confidence among German businesses is the weakest since 2012, private sector job creation is stalling after six years of growth and companies are eating into backlogs as new orders begin to dry up, the figures showed.

Germany’s economy shrank an overall 0.1pc between April and June. Monday’s dire survey data comes after recent official figures showed a sharp 0.6pc drop in industrial production in July.

Phil Smith, principal economist at IHS Markit, said Germany’s manufacturing data was “simply awful”, with combined readings for services and manufacturers “firmly in contraction territory” and the weakest for almost seven years.

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Cracks In EU Unity Facade Are Beginning To Show

Coincidental with the bizarre events in the UK’s Supreme Coirt, where judges tried to usurp the power of parliament to themselves in a globaloist bid to stop Brexit, the economic situation in Europe, which as we have reported many times is dire, has entered into a critical period.  With one of the two net contributors o the EU treasury about to leave,Germany, which for decades has propped up the bloc financially as more and more economic basket cases were absorbed into Brussels’ wannabe empire, has stumbled into if not actually a recession then something very like one

Year on Year (YoY) growth in the German economy, from July 2018, July 2019 is 0.4% – what you would expect in the middle of a depression, and significantly less than the official inflation rate (while the real rate of inflation is, predictably, higher still. UK growth figures are slightly better coming in at 1.2%. Poor old Italy recorded a GDP growth of -0.1% YoY, (that’s a minus sign by the way).

Italy has a Debt-to-GDP ratio of 132% and finally France with a growth rate of 1.4% and a debt-to-GDP of 97% is effectively broke. That’s the big four in the EU/Eurozone.

So, the biggest economies in EU/Eurozone have a growth rate ranging from -0.1% to 1.4%. Oh, and I almost forgot negative interest rates are now becoming the norm in The Eurozon and 85% of German Bunds are non-performing and/or at negative interest rates.

Inexplicably the ECB is getting geared up for another round of QE, which means that the euro is going to be devalued. Of course, the Americans aren’t going to be best pleased with this turn of events but doubling down on the policy that failed is par for the course with the EU. Only a few years ago they decided the way to resolve the problem of mass immigration was ………… more mass immigration, and are currently proposing more politicalintegration of member states to counter the resurgence in nationalism triggered by …………….. wait for it ………………. forcing political integration on member states.

By failing to support US trade tariffs on nations that have pissed off Washington, the EU has involved itself peripherally in the US tade war with the world. but this can onlu=y increase problems. Germany in its present economic travails, and lined up to take the biggest economic hit from Brexit, is not going to welcome any increased costs for its export industries.

Most importantly this includes the cost of the raw material essential to Germany’s manufacturing/export sector. Natural Gas and oil are piped to Germany from Russia and the construction the of Nordstream 2 pipeline, which the US wants to alt to put Putin in his place, is crucial to the German economy. America wants to force Germany to buy more expensive, less reliable, Liquified Natural Gas (LNG) by taking alternative suppliers out of the picture and is threatening to impose sanctions on any company and/or state to get their own way.

GERMANY’S ENTSCHEIDUNGSZEIT (DECISION TIME)

This is a clearly a case of “deja vu all over again” and a moment of truth for the Germans. Do they do what the Americans tell them, which would be economic suicide, or will they pursue their national interests and give Uncle Sam the finger. This was precisely the setting in 1985 though with Japan then the object of US financial and economic destabilisation.

The Plaza Accord was a joint-agreement, signed on 22 September 1985, at the Plaza Hotel in New York City, between France, West Germany, Japan, the United States, and the United Kingdom, to devalue the U.S. dollar in relation to the Japanese yen and German Mark. The resulting recessionary impact which pushed up the value of the Yen against the dollar in Japan’s export-dependent economy.

This created an incentive for the expansionary monetary policies that led to the Japanese investment bubble of the late 1980s. The Plaza Accord triggered the Japanese asset price bubble, which progressed into a protracted period of deflation and low growth in Japan known as the first Lost Decade. Has Germany, and by implication Europe learned the lesson one wonders?

Bearing this in mind it should also be noted that Germany is a big investor in Russia.

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Russia Warns Attack On Saudi Oil Plant Will Hit Fuel Prices

 saudi-oil-fire
World’s largest oil refinery ablaze after Houthi rebels drone strike (picture: Screen grab from Sky News video )

Following the drone attack by Yemeni rebels on a major Saudi Arabian oil processing plant, The Kremlin’s warned that the loss of production from the stricken plant will destabilise oil prices worldwide.  This follows statements by the European Union and the UK condemning the Houthi drone attacks on Saudi Arabia’s oil facilities carried out on Saturday (14 September, 2019).

While President Trump made belligerent noises, guaranteed to provoke the rebels Shia Muslim supporters in Iran , Russian President Vladimir Putin has simply asked to b kept up to date on developments in the wake of two drone attacks on the major Saudi energy facilities.  Russia believes such incidents will not contribute to the stabilisation of the global energy market, presidential spokesman Dmitry Peskov has said. It is safe to assume Russia’s leaders see the incident as an opportunity to benefit from higher crude oil prices.

“The drone attacks on Saudi Arabia’s oil infrastructure are an alarming event for the oil markets…Of course, such turbulence does not contribute to the stabilisation of the energy market,” Peskov said.

According to Peskov, the Saudi side has not appealed to Russia for assistance in the wake of the attacks, and probably has the necessary capacity to deal with the disruption on their own. “We don’t know whether they need help, but it’s unlikely. They have all the necessary capabilities themselves,” he said.

Peskov said the Kremlin “strongly condemned” Saturday’s incident, if it could be confirmed that the Saudi Aramco facilities were attacked by drones. (He would say that, wouldn’t he?)

EU, UK, France Condemn Attacks

Earlier on Sunday morning, the European Union’s foreign policy office issued a statement condemning the drone attacks, which, the statement read, posed a “real threat” of escalation of the Saudi – Yemeni conflict into full scale war between two regional powers, Saudi Arabia and Iran, and adding that “at a time when tensions in the region are running high, this attack undermines ongoing work at de-escalation and dialogue.” Brussels stands in solidarity with Saudi authorities and the Saudi people, the statement noted.

The UK Foreign Office also condemned the attack in diplomatic terms although certain people in The Treasury must have been rubbing their hands with glee as it becomes economically viable to reopen many North Sea rigs if Brent Crude goes above $80. China too would not be disappointed as Saudi Arabia is a long term ally of the USA, while the smaller oil producers most likely to benefit from the Saudi outage are more friendly to The People’s Republic in its bid to establish the petroyuan as a rival to the Petrodollar for cross border oil trades.

We have reported many times on the merciless bombing of the impoverished Shia Muslim state of Yemen. The conflict started when rebels tried to depose the Saudi – friendly regime and spawned a huge humanitarian crisis which was barely reported in mainstream media, as Saudi air strikes targeted roads, water supplies, sewage systems, hospitals and ports.

Predictably, news of the attack drove financial and commodity traders traders into a collective panic as global markets reopened after the weekend break, with with commodity traders desperately trying to calculate what the upper limit per barrel of oil prices would be (the previous record of $1.09 might hold when markets realise that while Saudi Arabia is still the world’s second biggest producer it is not as dominant as it once was, having been passed by the USA in 2018, and if the Kingdom and Iran decide to neutralise each other, Russia, Venezuela, Kazakhstan, the nations of the Caspian region, Nigeria , Mexico and a host od smaller oil producing nations will be happy to pump more once higher prices make production economically viable. When brent (the highest grade of crude,) reopened for trading in the aftermath of Saturday’s attack on the “world’s most important oil processing plant“, the price immediately exploded to around 20% higher than at close of business on Friday, to a high of $71.95 from the Friday $60.22 close, its biggest jump since 1988.

The hit to stability of supplies will exceed the loss of Iranian oil output in 1979 during the Islamic Revolution, according to data from the U.S. Department of Energy. It will also be worse than the loss of Iraqi and Kuwaiti production in 1990 when Saddam Hussein decided to annex Kuwait and add it to his empire and saw most of the oil infrastructure of both nations destroyed in the ensuing war.

News that the Saudi outage could last for months, rather that the weeks initially predicted suggest this could be just the start. Even if there are no more attacks on Saudi facilities or retaliation by the Saudis on Iran, the supply problem will not be be clear right away. The Saudis can still deliver from reserves for a few weeks but if the outage runs to months as industry sources are now predicting, we can expect crude prices to keep rising until there is relable evidence that output will be restored.

 

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