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No More Nuclear Waste
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Finally. I think my work is coming to an end...

"France’s biggest electricity users urged the government to cap Electricite de France SA (EDF)’s wholesale nuclear-power price at the current level to help industrial consumers compete with German rivals.

"Large German industrial power users will pay 35 percent less for their electricity next year than those in France, Uniden said."
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"Jim Barry, chief investment officer of BlackRock's renewable power group said that there had been a “huge flood,” of capital and interest into the sector.

"Commenting on the company's portfolio strategy, he said: “Do we invest in gas generation – which is cheap now, but what is it going to be like in 30 years? And then they also have to think about carbon dioxide even as a contingent liability. Or do they build or buy renewable power, where they can lock up the cost for 15, 20 and 25 years?”  "
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Based on this presentation by BYD, I believe it is reasonable to conclude that mass adoption of electric vehicles would provide overwhelming support to move toward a 100% renewable electricity system...
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"Unlike the experience in #nuclear, gas and coal projects, #solar farm costs are actually coming in below target."
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This theme is getting repetitive :) but economics will decide in the end :)
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"Across Europe, utilities have been surprised a by a surge in renewable energy sources, most notably solar and wind, basically replacing power from many gas and coal-fired power plants and leading wholesale power prices to collapse."
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"The figures are in: 2013 was an annus horribilis for the nuclear power industry − its third in a row − and the nuclear renaissance can now be pronounced stone cold dead...."
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"Government economic advisor radically adjusts its energy cost forecasts, with solar and wind costs revised downwards in a big way. It admits that it got the cost of #nuclear hopelessly wrong (but still has not recognised the interest, insurance and decommissioning costs)."
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$55/mwh price differential between German and French day ahead power prices. #nuclear
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The truth is now being laid bare...

"Finally let me end by quoting again Tatsujiro Suzuki, the deputy head of Japan's Atomic Energy Commission. I asked him why, if the #nuclear industry knows there is a possibility of a disaster, does it continue to tell the public nuclear power is safe?

""We need to be prepared for the worst case. We need to tell the public this is the worst case. But if we tell the worst case, the public says ,'Don't build the reactor near here.' So that was the dilemma. And if you want to continue building nuclear power plants you have to keep telling people the reactors should be safe. But now that myth is gone.""
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Again, more of the same..economics deciding what gets built

#nuclear  
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Leave the world a better place. No more nuclear waste.