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Indian Oil in Talks With NPCIL to Build Small Nuclear Reactors for its Refineries #modernbusinessnetwork #modernusinessindia #modernbusinessamerica #modernbusinesseurope  #modernbusinessasia #modernbusinessgulf #modernbusinessgermany #modernbusinessworld #indianOil#NTPC#ONGC#Reliance#TataPower#Vedanta#AdaniPower

You can say what you like about the politics but these small scale nuclear reactors are a great technical solution for many countries that have shortfalls in generation capacity. For example, in Sierra Leone they currently have a Turkish ship moored in Freetown docks burning diesel to provide power. This temporary solution has a very high unit cost compared to nuclear. A small nuclear reactor can be much cheaper and more environmentally friendly. With the transition to a low carbon economy there will be an increasing need for short to medium term options to fill the energy shortages left by quitting coal or mismanagement

The discussion around the longevity and economics of nuclear power is complex. This article highlights that while the Coalition proposes nuclear plants with an 80-100 year lifespan, the international experience shows the average age of active reactors is 32 years, with none operating beyond 60. Given the significant challenges and costs, including long construction times and economic viability, it's crucial to champion renewable energy sources. Solar and wind power are advancing rapidly, providing scalable and cost-effective solutions. Embracing these technologies is essential for a sustainable and resilient energy future. #cleanenergy #renewables #augustamargaretriver #climateactionnow

Indian Oil in Talks With NPCIL to Build Small Nuclear Reactors for its Refineries #modernbusinessnetwork #modernusinessindia #modernbusinessamerica #modernbusinesseurope  #modernbusinessasia #modernbusinessgulf #modernbusinessgermany #modernbusinessworld #indianOil#NTPC#ONGC#Reliance#TataPower#Vedanta#AdaniPower

Best invest in Building Fusion power, space, and maritime propulsion systems and industry, You talk about Nuclear (meaning Fission) and fail to discuss fusion. https://lnkd.in/ge_aeX7M The nuclear fission industry is, ignorant of what's happening around you. Pull your uranium heads out, start adjusting your industry to fusion energy and start preparing to enter the commercially growing fusion energy industry. As it dawns on Earth like the sun. Great Headline Guardian on Nuclear fission. https://lnkd.in/g8sMZtpR Fission is moving towards obsolescence at an accelerated pace, as it is "out of step, out of time, out of place," and merely a temporary industry globally. https://lnkd.in/gbd_mZqk Commercial fusion electrical generation is a promising innovative sustainable and clean energy method. By 2028, Helion is expected to start producing electricity from its first fusion commercial power plant, which will provide electricity to Microsoft. The plant will produce at least 50 MWe after an initial ramp-up period. https://lnkd.in/gY9J3MQY Now see what is happening in the Fusion industry in the world. https://lnkd.in/g9hMBD7a As fission trebles, fuel shortage is increasingly real, read below. https://lnkd.in/gze5rwpr

First Phase of Jinqimen Nuclear Power Station Kicks Off Construction

India eyes small modular reactors to boost clean energy transition #bne #bneEditorsPicks #India #nuclear #energy With clean energy a major focus area for India, New Delhi is looking to reduce its reliance on fossil fuels over the coming years. The government’s strategy has identified the role of nuclear power in the overall energy mix. India is eyeing new technologies such as small nuclear reactors (SMRs) to make the clean energy transition. During this year’s union budget, which was presented in July, Minister of Finance Nirmala Sitharaman, said that nuclear energy will likely form a "very significant" part of the energy mix and the government will work with the private sector to help boost this sector.

Nuclear power has re-emerged as part of our energy debate with the Federal Opposition proposing a coal-to-nuclear transition, reigniting a more than 70-year discussion on whether or not Australia should adopt nuclear power. To help explain this debate, the AEC took a deep dive into the potted history of nuclear energy in Australia. https://lnkd.in/gXzA-hRn

n Pakistan, nuclear power is provided by six commercial nuclear power plants with a net capacity of 3,262 megawatts (3.262 GW) from pressurized water reactors.[1] In 2020, Pakistan's nuclear power plants produced a total of 133 terawatt-hours of electricity, which accounted for roughly 10% of the nation's total electric energy generation.[1][2][3] Pakistan is the first country in the Muslim world to construct and operate commercial nuclear plants, with first being commissioned in 1972.: 31–33 [4] As of 2023, there is one nuclear power plant is that being constructed and the other is in design phases to produce gross energy capacity of 1,000 megawatts (1.0 GW), while one has been permanently shut down.[5] The nuclear power in Pakistan is regulated through the Pakistan Nuclear Regulatory Authority (PNRA), which grants licenses and their renewals, while the Pakistan Atomic Energy Commission (PAEC) manages the operations of the nuclear power plants.[6][7] Due to the country's refusal to the Nuclear Non-Proliferation Treaty (NPT) and accept full-scope IAEA safeguards, the imports and access to the reactor technology has been restricted by the Nuclear Suppliers Group (NSG). Under its current policy to address its energy security, the country plans on constructing 32 commercial nuclear power plants by 2050-51.[8] In the past, Canada partnered with Pakistan in providing the nation's first nuclear power plant in 1965 and later, China and the IAEA has provided support in providing the nuclear power plants since 1993 at address its challenges relating to energy security.[1] History In 1960, the plans on the construction for nation's first nuclear power plant were submitted to the Ayub administration by the Pakistan Atomic Energy Commission, with support from the Abdus Salam who was serving in capacity as Science Advisor to the Government of Pakistan at that time.[9] In fact, it was Abdus Salam's efforts that led to the approval of the country's first commercial nuclear power plant at the Paradise Point in Karachi, Sindh.[9][10] During this time, the Ayub administration successfully negotiated the Canadian government that allowed the GE Canada to work with the Pakistan Atomic Energy Commission in designing and constructing the country's first commercial nuclear power in 1965.: 54–55 [11] In 1965, the Pakistan Atomic Energy Commission's Centre for Nuclear Studies (CNS) was able to design and construct its own small reactor, known as the Pakistan Atomic Research Reactor (PARR-I) in Nilore.: 94–95 [11] The fuel bundles were for this reactor were, however, provided by the United States Atomic Energy Commission (USAEC) through the International Atomic Energy Agency (IAEA) for research and training purposes only.: 193 [11] The first commercial nuclear power plant was design on the basis of CANDU-type which was earlier offered to India (in 1955) but Canada had its priced at US$ 10 million ($96.7 million in 2023) which was too expensive for the country's 

We hear a lot about the supposed slow speed of nuclear energy, but what about the rapid turnaround of events regarding this technology over just the last few years? Recent developments show a surging trend >