Bill Gates Interview on Energy

[Thailandnotes]

http://www.theatlantic.com/magazine/...iracle/407881/

“Yes, the government will be somewhat inept,” he said brusquely, swatting aside one objection as a trivial statement of the obvious. “But the private sector is in general inept."

[santafe2]

Re: Bill Gates Interview on Energy

http://www.theatlantic.com/magazine/...iracle/407881/

“Yes, the government will be somewhat inept,” he said brusquely, swatting aside one objection as a trivial statement of the obvious. “But the private sector is in general inept."

Good article. We'll have to see if the US is willing to invest tens of billions to innovate new energy strategies. Gates is correct that the private sector will not lead this effort, it's simply too expensive. The basic scientific groundwork will have to be paid for by taxpayers. US taxpayers spend over $600B a year on defense so it's more an allocation issue than a budget issue. Maybe all of the STEM grads in the US could actually get jobs if we moved in this direction.

[bill]

Re: Bill Gates Interview on Energy


http://www.forbes.com/sites/jamescon...al-with-china/


Now nuclear reactors will enter that list.
Bill Gates looks on as Lee McIntire, CEO of Gates’ nuclear technology company, TerraPower, and Qian Zhimin, President of the China National Nuclear Corporation, signs an agreement that allows the two companies to collaborate on advanced nuclear technologies that address safety, environmental and cost issues – fast reactors that get ten times the energy from the same amount of fuel as old reactors. Source: TerraPower

Bill Gates’ nuclear power company, TerraPower, signed an agreement with the China National Nuclear Corporation (CNNC) allowing the two companies to collaborate on advanced nuclear technologies that address safety, environmental and cost issues. The MOU was signed by TerraPower CEO Lee McIntire and CNNC President Qian Zhimin, as Washington’s Lieutenant Governor Brad Owen and Bill Gates looked on (see figure).
http://www.world-nuclear-news.org/NN...-25091501.html

http://www.cnnc.com.cn/tabid/141/Default.aspx

http://www.world-nuclear.org/info/Nu...ower-Reactors/

[Mega]

Re: Bill Gates Interview on Energy

My Cameco stock was doing GREAT...........till that Bloody Tidel wave in Japan!
Mike

[bill]

Re: Bill Gates Interview on Energy

My Cameco stock was doing GREAT...........till that Bloody Tidel wave in Japan!
Mike

Cameco as fuel broker for LEU Bank in Kazakhstan?

http://en.trend.az/business/economy/2446552.html

Oct. 21By Elena Kosolapova – Trend:
Kazatomprom National Atomic Company and Centrus Energy Corp. inked a memorandum of cooperation in the nuclear sector, Kazatomprom said Oct. 21.
As part of the memorandum, Kazatomprom and Centrus Energy Corp. will develop mutually beneficial relations on competitive supplies of Kazakh uranium to the global market.
Centrus Energy Corp. is the main supplier of fuel for the US industrial nuclear power plants.
The document was signed during Kazatomprom CEO Askar Zhumagaliyev’s visit to the US.
During his business trip to the U.S., Zhumagaliyev also plans to meet with top managers of the world's largest nuclear energy companies, namely President and CEO of Westinghouse Electric Company Danny Roderick and President of Cameco Tim Gitzel. Together with his colleagues, Zhumagaliyev will discuss current situation in the nuclear industry, the course of implementation of joint projects and relevant issues of cooperation.
Zhumagaliyev will hold several bilateral meetings with representatives of the companies working in the nuclear energy sector.

https://www.iaea.org/newscenter/news...d-uranium-bank

The IAEA and Kazakhstan today signed an agreement to set up the IAEA Low Enriched Uranium (LEU) Bank in Oskemen, Kazakhstan. The IAEA LEU Bank, operated by Kazakhstan, will be a physical reserve of LEU available for eligible IAEA Member States.

The establishment and operation of the IAEA LEU Bank is fully funded through US $150 million of voluntary contributions from the Nuclear Threat Initiative, the United States, the European Union, the United Arab Emirates, Kuwait, Norway and Kazakhstan.
“I am grateful to all of the donors, including the Government of Kazakhstan,” Mr Amano said. “Their contributions will make it possible to establish the IAEA LEU Bank and will cover its costs for the first ten years of operation.”
The IAEA LEU Bank is part of global efforts to create an assured supply of nuclear fuel to countries in case of disruptions to the open market or other existing supply arrangements for LEU. Other assurance of supply mechanisms established with IAEA approval include a guaranteed physical reserve of LEU maintained by the Russian Federation at the International Uranium Enrichment Centre in Angarsk, and a UK assurance of supply guarantee for supplies of LEU enrichment services. The United States also operates its own LEU reserve.

http://www.nti.org/about/projects/in...ear-fuel-bank/

According to the International Atomic Energy Agency (IAEA), approximately 40 countries are interested in building their first nuclear power plant. If they proceed, all will need nuclear fuel, and they will get it either by buying it from an existing supplier or making it themselves.
The concern: The same enrichment technology for making peaceful nuclear fuel can also be used for developing weapons. Alarmed by the potential spread of nuclear weapons technology, NTI in 2006 made a bold proposal.

With Warren Buffett’s generous backing, NTI pledged $50 million to the IAEA as seed money for an international bank to supply nations with low-enriched uranium (LEU) to operate nuclear power reactors in case of supply disruption.

http://portsmouth-dailytimes.com/new...was-productive

Oct 8 2015
Mike Crabtree, chairman of the Scioto County Commissioners, said the trip was interesting. He said some headway was made in Decontaminating and Decommissioning (D&D) but the American Centrifuge Project (ACP) may be finished.
The United States Department of Energy (DOE) announced it will end the American Centrifuge Test Demonstration and Operation (ACTDO) activity at Piketon, potentially resulting in the layoffs of 200 Energy Corp. employees. With a reduction in funding by the federal government, Centrus Energy Corp. announced their new reduced contract with Oak Ridge National Laboratory will not include continued operations of America’s only operating cascade of advanced uranium enrichment centrifuges in Piketon.

“We have a building that 865,000 square feet, it’s got the mounts in the floor ready for centrifuges. It’s there and has been built,” Davis said. “The technical analysis of the site leads us to believe that would be a good choice, but we were given no assurances.”

http://www.state.gov/r/pa/prs/ps/2015/11/249067.htm

On November 2, 2015, U.S. Secretary of State John Kerry made an official visit to the Republic of Kazakhstan. During his visit, Secretary Kerry and Foreign Minister Erlan Idrissov co-chaired the fourth meeting of the U.S.-Kazakhstan Strategic Partnership Dialogue. Secretary Kerry expressed the United States’ unwavering support for Kazakhstan’s sovereignty and territorial integrity, and congratulated Kazakhstan on the 550th anniversary of the Kazakh Khanate.

The United States congratulated Kazakhstan on the August signing of an agreement with the International Atomic Energy Agency to establish a Low Enriched Uranium Bank in Kazakhstan. The United States is pleased to support Kazakhstan’s plans to break ground on a regional Nuclear Security Training Center in Kazakhstan in early 2016.

start 7min
http://webtv.un.org/watch/kazakhstan.../4516078001001