Reading through the news this week in various papers (usually those without pictures of bare breasted ladies), New Scientist and watching the news on Auntie Beeb and Channel Four; has caused me to start pondering. Now I can’t say that the following is particularly coherent (my degree didn’t require me to write essays) or to be honest well informed, so excuse my ignorance and naivety (and probably my spelling).
Iran it appears is planning to assume a programme of nuclear enrichment, primarily its says for energy supplies (for the sake of these observations I will take that at face value).
The US, France, Britain and not overly pleased by this and want to take the matter to the UN Security Council. Meanwhile Russia is offering a compromise (to oversea Irans nuclear enrichment programme) and China seem to be keeping well out of the situation. Note that these five nations are the five permanent members of the UN Security Council.
At the same time the British Government is in the process of conducting a review of the energy policy and this includes nuclear fuel. This is apparently due to the rising cost of gas (which powers most of our power stations) and that we import a large percentage of gas from abroad mainly Russia, and so we are not self sufficient. It is also estimated that as a nation we will only be able to produce around 80% of our energy needs by 2015.
BNFL (British Nuclear Fuels) a state owned company has just sold its US based nuclear clean up unit to a US based company, Energy Solutions Inc of Utah. BNFL has for sometime been making a loss. Apparently they are also planning to sell its US (again) company Westinghouse (they make nuclear power stations). According to the BNFL website all UK assets will from the 1st April be transferred to the Nuclear Decommisioning Authority – any idea what they do? Doesn’t seem to leave BNFL with a tremendous amount to do.
We are now in a situation where oil supplies are running down and that the cost of oil continues to increase and will continue to do so. This is to the extent where from a cost standpoint nuclear generated power is possibly going to be considerably cheaper than oil/gas produced energy, oh and its not likely to run out anything like as quickly.
Looking ahead it seems that with the proliferation of nuclear reactors (India, Russia, China to name a few nations going through the process now) there is big money to be made by nuclear enrichment, energy production and also of course decommissioning of current reactors/plants that are at the end of their lifecycle.
Interesting that fuel enrichment is exactly what Iran is trying to do.
Also interesting that BNFL – does exactly that – well they did.
There is nuclear money in them hills and it appears that we (as a nation) will only be spending it.
Footnote:
I don’t know how I feel about a nuclear future to be honest, whilst properly managed it can be a clean resource – its disposing of the used fuel that is the major issue. I am aware that our dependancy on a finite resource (oil) is not environmentally friendly (greenhouse emmisions anyone?) and also the nuclear fuel is also finite (but you do get more bang for your buck). Ideally we should be using environmentally friendly ways to generate energy (wind, wave, solar power etc) but thats not taking off. Presumably there isn’t as much money in environmentally friendly energy production.