RE:150 New ReactorsThe Green Energy pundits are finally relizing that nuclear is the only real alternative to reducing carbon and producing clean affordable electricity for the world. If/when we start to see the commercialization of Small Modular Reactors, we will start to see clean and affordable enrgy for some of the poorest countries of the world. Times are changing.Up Up and Away.
Greenday wrote: Nuclear power once seemed like the world’s best hope for a carbon-neutral future. After decades of cost-overruns, public protests and disasters elsewhere, China has emerged as the world’s last great believer, with plans to generate an eye-popping amount of nuclear energy, quickly and at relatively low cost.
China has over the course of the year revealed the extensive scope of its plans for nuclear, an ambition with new resonance given the global energy crisis and the calls for action coming out of the COP26 Climate Summit in Glasgow. The world’s biggest emitter, China’s planning at least 150 new reactors in the next 15 years, more than the rest of the world has built in the past 35. The effort could cost as much as $440 billion; as early as the middle of this decade, the country will surpass the U.S. as the world’s largest generator of nuclear power.