Duke Energy Corporation’s Post

Our President Dr Katherine Woodthorpe AO FTSE told The Age that small modular reactors could be part of Australia’s future energy mix, but this is unlikely until a market is fully formed. “Small modular reactors are not yet commercially available and there is no clear timeline as to when that will be.” “They’re being looked at as part of our future energy needs and come the 2040s they can, no doubt, provide a potential part of the future constellation of technologies we’re going to require.” “But today, with the problem we have – to decarbonise our economy as quickly as possible – they are not a viable part of that solution.” said Dr Woodthorpe. 📖 Read the full article here: https://lnkd.in/gVWzDiZn 🔗 Our report on SMRs in Australia: https://lnkd.in/gGtfwTz3

North America can have clean energy independence if it has the wisdom to reject the 'renewable' monopoly that China has on wind/solar/EVs/heatpumps that are cheaper because they are built with coal, children in Africa and Russian oil and gas! The recipe for clean energy independence is not rocket science, north America is blessed with substantial oil and gas resources and new technology from the Nobel winning energy innovator Rodney Allam allows clean energy to be created from natural gas in the form of electricity from new clean energy startup of NET Power and clean hydrogen/ammonia from new startup 8RH2. Additionally north America can benefit from the sharing of CANDU nuclear energy that is not dependent on Russian enriched uranium. For the last 50+ years the city of Toronto, ON, Canada has demonstrated how clean CANDU nuclear energy can be both reliable and inexpensive. CANDU can be shared right now with no new design needed and using SK uranium that frees north America from any reliance on either China or Russia! Climate change is a global issue to be solved not a national political opportunity. North America has the energy resources to create its own clean energy destiny that is not dependent on either China or Russia! Why would any democratic nation leave the fate of the planet and our democratic economies to two communist regimes=China and Russia that doing their best to undermine democratic societies everywhere!

As Australia’s energy security shrinks away to the mediocrity of its political class in Caberra, the world’s energy demand booms on the take up of nuclear. https://lnkd.in/gumEa5gk

We all can be on board we want a clean environment. At the same time society has to think about the best, reliable energy source that can lift so many people up around the globe. If people are really serious about change, they have to step away from the continual bashing of nuclear media has portrayed it to be, dig deep into it, learn of what it can do ,and know exactly how not so dangerous it is. #nuclear #climate #energy

Our report on small modular reactors (SMRs) was featured in The Australian Financial Review. The article quoted our findings that SMRs will not be ready until at least the late 2040s, as they are still in the development phase. While they may hold potential for Australia’s future energy mix, in the interim, Australia needs to decarbonise the economy as soon as possible. 📖 Read the full article: https://lnkd.in/gvdhb2RW 🔗 Our report on SMRs in Australia: https://lnkd.in/gGtfwTz3

This is a game changer in green energy.

Really encouraging to see the Times lay out the vision for STEP and #UKfusionenergy today highlighting the UK's ambition to be the best place to develop this potentially game-changing #energysource. What could be more symbolic of the #energytransition than in building the world's first #fusionreactor on the site of a former coal-fired power station? #2050 #ukengineering #energypolicy #ukenergy #fusiontechnology #cleanenergy #sustainability https://lnkd.in/eZNfGAUa

An exciting, much needed project, when the demand for safe reliable, base-load generation is forever increasing, especially in this era of multiplying demand for IA data center power. Consider deploying this units to data center footprints to proclude the impact of the data center power consumption on other local area base-load users. 🤔 I expect that this project will have a profound, positive impact on the nuclear sector.

After 10 years of planning, the SMR start-up NuScale is cancelling its permitted Utah project. Cost overruns due to supply chain disruptions and inflation have made the project uneconomic. We are seeing this issue across the power generation space and is at the root of why stock values for so-called green energy corporations have been hugely under performing versus conventional hydrocarbon focused corporations. See data in first comment. I will continue to argue what should be obvious to those whose heads are not burried in the sand, which is there is zero evidence of an energy transition underway. What we do have is mass inflation and recessionary trends. https://lnkd.in/g869gFcm #netzero #netzero2050 #energytransition #oilandgas #oilandgasindustry #energyindustry #energycrisis #publicpolicy #inflationimpact #inflationreductionact #powergeneration #gridstability #canadianenergy #albertaenergy #abpoli #cdnpoli