Russia using oil wealth to finance nuclear exports

Russia has announced plans to lend Hungary $14 billion at below market rates to finance the construction of additional nuclear energy production units at the existing Paks nuclear power station.

The announcement is one more piece of evidence showing that Russia continues to diversify its income by exporting nuclear power stations to as large a market as possible. It is winning sales competitions by providing as complete a product as the customer desires. The components of a deal for a nuclear power plant project available from Russia include manufactured parts, engineering services, construction, operations, maintenance, fuel, used material handling and finance.

Recent offerings to countries without nuclear experience or a domestic infrastructure, including Turkey and Vietnam, include a full build, own, operate model. The host country doesn’t need to do anything other than to provide a site and agree to purchase the electricity from the plant once it is operating. At the other end of the deal spectrum, like those with US nuclear power plant operators, Russia’s only participation is to provide enriched uranium.
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Nuclear energy advocate in a nuclear nonproliferation crowd

On December 11, 2013, Henry Sokolski, the Executive Director of the Nonproliferation Policy Education Center (NPEC), hosted a event titled Avoiding Future Irans: A New Course for US Nonproliferation Policy. The papers offered as background material before the event started, the prepared remarks from Sokolski’s invited speakers, and the post meeting engagements I had with […]

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Fantasy Crossfire debate: Ed Lyman versus Rod Adams on fast breeder reactors

CNN has done a masterful job of seizing the opportunity provided by Robert Stone’s thought-provoking Pandora’s Promise to generate a passionate discussion about the use of nuclear energy — a vitally important topic — at a critical time in American history. The decision makers at that somewhat fading network should be congratulated. Of course, generating […]

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Hydrocarbon-fueled establishment hates idea of plutonium economy

In the above clip from a recent interview on CNN’s Piers Morgan, Robert F. Kennedy, Jr. describes how Pandora’s Promise advocates that canceling the Integral Fast Reactor (IFR) project in 1994 was a mistake. RFK Jr., a man from an iconic family that has been a part of the US moneyed Establishment for the better […]

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On Plutonium, Nuclear War, and Nuclear Peace

By NNadir I trust — and I hope I am justified in this — that no one wants a nuclear war. I know I don’t. We already have a set of environmental problems that are worse than a limited nuclear war, and may be facing an environmental crisis that might be as dire as a […]

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Atomic Show #201 – Better Way to Clean Up Hanford Tanks

Darryl Siemer is a professional chemist who spent his career in nuclear waste remediation at the Idaho National Laboratory. While there, he developed a reputation as someone who will not go along to get along and apparently made quite a few waves by suggesting improvements in processes or technical decisions that might have resulted in […]

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Plutonium power for the people

One of the biggest threats to the continued wealth and power held by the global fossil fuel industry is a “plutonium economy” fueled by abundant resources of uranium that can be converted into fissile plutonium in a breeder reactor. (Yes, I know that a thorium economy is just as big of a threat to the […]

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Transcript of Atomic Show #61 – Allison Macfarlane, Atomic Agnostic (June 15, 2007)

On June 13, 2012, Allison Macfarlane will be a witness in her confirmation hearing as a new commissioner and the prospective Chairman of the Nuclear Regulatory Commission. Commissioner Kristine Svinicki will also be a witness in her quest to be confirmed for a second term as a commissioner. In June 2007, I had the opportunity […]

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Bill Gates describes 4th generation nuclear energy to explain his investment decision

On March 23, 2012, Bill Gates was interviewed as part of the Wall Street Journal ECO:nomics conference. There is little doubt that he understands the technology and the opportunity. My main question is why he is not investing more in order to drive the technology even faster. After all, he is one of the world’s […]

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Pursuing the unlimited energy dream – history of the Integral Fast Reactor

Note: Len Koch, whose participation in nuclear energy research started in the 1940s, wrote the below open letter to colleagues who are striving to restore interest in the progress that they made in research and development of the Integral Fast Reactor during the period from 1954-1994 the year that President Clinton and Hazel O’Leary, his […]

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What do you do with the waste? – Kirk Sorensen’s answers

Gordon McDowell, the film maker who produced Thorium Remix, has released some additional mixes of material gathered for that production effort. One in particular is aimed at those people whose main concern about using nuclear energy is the often repeated question “What do you do with the waste.” Many people who ask that question think […]

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Proving a Negative – Why Modern Used Nuclear Fuel Cannot Be Used to Make a Weapon

I have been struggling for the past couple of weeks with trying to figure out how to convince some curious and skeptical people that they should stop worrying about the possibility that a nefarious group or country will make a weapon from used nuclear reactor fuel. My position is that there is no way for […]

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