Finperform’s Post

Interesting how often we have heard about nuclear power over the last 3 months All the major data center players are in plans or are considering plans for nuclear power.

Because nuclear electricity from existing types of reactors is very expensive, proponents promote a new technology, the small modular reactor (SMR). ‘Small’ means generating capacity less than about one-third of existing large nuclear power reactors. ‘Modular’ means serial factory production of reactor components, which could reduce costs. While small reactors exist in nuclear-powered submarines and research facilities, they have a long history of failure. Furthermore, according to physicist MV Ramana, they “cost too much for the little electricity they produced, the result of both their low output and their poor performance”. They are unsuitable for mass production. So, small modular reactors do not exist.

The antipodeans Sir Ernest Rutherford "father of nuclear physics" and Sir Mark Oliphant, "Opposer of the fission bomb" were the first experimental demonstrators of nuclear fusion. Why then are the Australian Government and the Federal Opposition not working to get it developed in Australia and bring it back home? New Zealand has, so why not Australia? Interesting articles about Nuclear and I know you haven't looked at Fusion. So let's look at the nuclear or Fission option versus Fusion 1. Fission (Nuclear) Not able to be licenced. https://lnkd.in/gbm2t5uU 2. Authorities have the power to grant licenses for fusion, which is not explicitly covered by the Nuclear Act or the ARPANSA definition. https://lnkd.in/gjKFABpy The above ARPANSA link defines nuclear as fission—no mention of Fusion. 3. A fission (Nuclear)reactor without fissile fuel is a building. 4. A fusion reactor without fissile fuel is a fusion reactor building 5, Fissile (Nuclear) fuel availability and the future cost is a concern, especially for economists and users Dittmar, M. (2011). The End of Cheap Uranium. ArXiv. /abs/1106.3617 Even the UN has identified this, so why does the Fission(Nuclear) industry persist in denying its death like fossil fuels https://lnkd.in/gze5rwpr 6. Should the focus in Australia be on nuclear fission advancement or the promotion of fusion technology? 7, Fission (Nuclear) is only at present in 39 countries out of 189. 8. Is Dutton doing a Menzies and wanting a loophole to get fission (Nuclear) weapons to start with for the subs? 9. Australia still has no high-level radiation waste storage facility 10. Helion Fusion has committed to having its fusion version working in 2028 11. The FIA (Fusion Industry Association) has postulated that commercial power fusion will be available in the 2030s. 12. In its fusion conference report in 2023, the IAEA postulated that all International nuclear (Fission) Laws like the Nuclear Non-Proliferation Treaty do not consider fusion, so it seems it can be built in Australia now. 13. Fusion is also being developed "Small Modular Fusion Reactors" like Zap Energy and Avalanche Energy. 14. HB11 and the UNSW Tokamak project have positioned Australia prominently in the trillion-dollar international fusion industry. Instead of relying on fission with a limited lifetime, wouldn't it be preferable to support Australian renewables, batteries, and hydrogen energy generators and back them up with a fusion power plant? This would eliminate the traditional waste problem while still providing medical isotopes and advancements in medical technology like MRIs. Let's focus on creating a sustainable future for Australia instead of perpetuating pollution and leading to an energy crisis. https://lnkd.in/ekakyifA

Recent report on nuclear energy trends in the US https://lnkd.in/eGDWsE2E

Small Reactors to Transform India’s Nuclear Energy Strategy #India is set to significantly #advance its #NuclearPower capabilities with the introduction of #indigenous small reactors as outlined in the latest #budget Read More On: https://lnkd.in/gPqvSMiA

Meta seeks nuclear power developers for early 2030s reactor projects The company aims to add up to 4GW of new nuclear generation capacity in the US, with delivery expected to begin in the early 2030s.   https://lnkd.in/ghsDDueJ

The world has seen unprecedented ambition to expand nuclear energy since the pledge to triple #nuclear energy capacity was announced at COP28 last year. But financing for nuclear energy projects lags behind ambition. World leaders at #COP29 must tackle financing – without it, the least-cost, or even cost efficient, path to tripling nuclear energy by 2050 cannot be met. https://lnkd.in/e-WaxuFp

Micro nuclear reactors, will it be enough for data center operators? Interesting article on Tech radar discussing how we can possibly supply the DC world with clean energy via micro nuclear reactors. What do you think? #construction #datacentres

Small Modular Reactors (SMRs) are defined as nuclear reactors generally 300 MWe equivalent or less, designed with modular technology using module factory fabrication, pursuing economies of series production and short construction times. https://lnkd.in/dKS95wQi

What Will It Take to Triple Nuclear Energy by 2050?