Solar Costs May Already Rival Coal, Spurring Installation

April 6th, 2011

Barring a major wildcard event (global nuclear war, massive asteroid impact, etc.), the horror show will grind on, now with even more Clean and Green.

Via: Bloomberg:

Solar panel installations may surge in the next two years as the cost of generating electricity from the sun rivals coal-fueled plants, industry executives and analysts said.

Large photovoltaic projects will cost $1.45 a watt to build by 2020, half the current price, Bloomberg New Energy Finance estimated today. The London-based research company says solar is viable against fossil fuels on the electric grid in the most sunny regions such as the Middle East.

“We are already in this phase change and are very close to grid parity,” Shawn Qu, chief executive officer of Canadian Solar Inc. (CSIQ), said in an interview. “In many markets, solar is already competitive with peak electricity prices, such as in California and Japan.”

Chinese companies such as JA Solar Holdings Ltd., Canadian Solar and Yingli Green Energy Holding Co. are making panels cheaper, fueled by better cell technology and more streamlined manufacturing processes. That’s making solar economical in more places and will put it in competition with coal, without subsidies, in the coming years, New Energy Finance said.

“The most powerful driver in our industry is the relentless reduction of cost,” Michael Liebreich, chief executive officer of New Energy Finance, said at the company’s annual conference in New York yesterday. “In a decade the cost of solar projects is going to halve again.”


Gold Climbs to Record for Second Day on Inflation; Silver at 31-Year Peak

April 6th, 2011

Via: Bloomberg:

Gold gained to a record for a second day in New York and London as rising inflation spurred demand for an investment haven and the dollar slumped against the euro. Silver advanced to a 31-year high.


Fukushima: TEPCO Claims to Have Stopped Leak of Highly Radioactive Water, For Now

April 6th, 2011

Your mileage may vary.

Via: Bloomberg:

Tokyo Electric Power Co. said it stopped highly radioactive water leaking into the sea from a pit near one of the reactors at its stricken nuclear station north of Tokyo, after five days of trying to stem the flow.

Related: Fishing Halted in Japan’s Ibaraki After Radioactive Water Contaminates Sea

Via: Bloomberg:

Fishermen in Ibaraki prefecture, Japan’s fifth-largest seafood producer, halted operations after tainted fish were detected south of Fukushima, where radioactive water from a stricken nuclear plant contaminated the sea.

About 96 percent of fishing off the coast of Ibaraki was suspended after sand lance contaminated with higher-than- acceptable levels of cesium were discovered yesterday, said Tomoki Mashiko, assistant director at the fishing policy division of the prefectural government. Fishing in Ibaraki had been suspended since the March 11 earthquake and tsunami, restarted as early as March 28, and then suspended again today.

Sushi restaurants and hotels, including Shangri-La Asia’s luxury chain, dropped Japanese seafood from their menus because of radiation fears. Japan exported 565,295 metric tons of marine products worth 195 billion yen ($2.3 billion) last year. A fishing industry group in Fukushima asked Tokyo Electric Power Co. to stop dumping toxic water into the sea as the operator of the damaged nuclear plant struggles to stem radiation leakage.

“The action may be undermining the whole fishing industry in Japan,” Ikuhiro Hattori, chairman for the National Federation of Fisheries Co-Operative Associations, told a vice trade minister today, referring to Tepco dumping water.


‘U.S. Sees Array of New Threats at Japan’s Nuclear Plant’; But It Might Be Worse Than That

April 6th, 2011

The New York Times piece below states:

…the engineers who prepared the document do not believe that a resumption of criticality is an immediate likelihood, Neil Wilmshurst, vice president of the nuclear sector at the Electric Power Research Institute, said when contacted about the document. “I have seen no data to suggest that there is criticality ongoing,” said Mr. Wilmshurst, who was involved in the assessment.

But look at this video by Arnold Gundersen of Fairewinds Associates:

Recent press reports have discussed the possibility that Fukushima Unit 1 may be having a nuclear chain reaction. New data released by TEPCO indicates that even though Fukushima Unit 1 was shut down during the March 11 earthquake, it appears to have “gone critical” again without human intervention. The detection by TEPCO of short-lived radioactive isotopes substantiates the existence of this inadvertent criticality.

Newly released TEPCO data provides evidence of periodic chain reaction at Fukushima Unit 1 from Fairewinds Associates on Vimeo.

Via: New York Times:

United States government engineers sent to help with the crisis in Japan are warning that the troubled nuclear plant there is facing a wide array of fresh threats that could persist indefinitely, and that in some cases are expected to increase as a result of the very measures being taken to keep the plant stable, according to a confidential assessment prepared by the Nuclear Regulatory Commission.

Among the new threats that were cited in the assessment, dated March 26, are the mounting stresses placed on the containment structures as they fill with radioactive cooling water, making them more vulnerable to rupture in one of the aftershocks rattling the site after the earthquake and tsunami of March 11. The document also cites the possibility of explosions inside the containment structures due to the release of hydrogen and oxygen from seawater pumped into the reactors, and offers new details on how semimolten fuel rods and salt buildup are impeding the flow of fresh water meant to cool the nuclear cores.

The document, which was obtained by The New York Times, provides a more detailed technical assessment than Japanese officials have provided of the conundrum facing the Japanese as they struggle to prevent more fuel melting at the Fukushima Daiichi plant. But it appears to rely largely on data shared with American experts by the Japanese.

Among other problems, the document raises new questions about whether pouring water on nuclear fuel in the absence of functioning cooling systems can be sustained indefinitely. Experts have said the Japanese need to continue to keep the fuel cool for many months until the plant can be stabilized, but there is growing awareness that the risks of pumping water on the fuel present a whole new category of challenges that the nuclear industry is only beginning to comprehend.

The document also suggests that fragments or particles of nuclear fuel from spent fuel pools above the reactors were blown “up to one mile from the units,” and that pieces of highly radioactive material fell between two units and had to be “bulldozed over,” presumably to protect workers at the site. The ejection of nuclear material, which may have occurred during one of the earlier hydrogen explosions, may indicate more extensive damage to the extremely radioactive pools than previously disclosed.


Saudis Switch to Solar, Nuclear at Home, Saving Oil for Export

April 5th, 2011

Via: Forbes:

Sunny Saudi Arabia plans to shift most of its domestic energy use to solar and nuclear power, diverting more oil to exports, a Saudi official said yesterday at the Third Saudi Solar Energy Forum in Riyadh.

“The use of alternative sustainable and reliable resources reduces dependency on hydrocarbons and keeps them as a source for income for future generations,” said Khalid Al Sulaiman, the vice president for renewable energy at a center called the King Abdullah City for Atomic and Renewable Energy.

In conjunction with Sulaiman’s speech, the Saudi government published a statement through the Middle East and North Africa News Network that emphasized Saudi Arabia’s growing energy demands — from 43 gigawatts in the summer of 2010 to more than 120 gigawatts in 2030— because of population growth and development.

But Sulaiman’s comments, reported in Saudi newspapers including the Saudi Gazette and Arab News, make clear the kingdom’s alternative-energy program is designed not just to meet the demands of future growth, but to reduce use of fossil fuels, leaving more petroleum to enrich the kingdom through exports.

“To meet this growing energy demand and maintain long-term economic prosperity, it is critical that the Kingdom add new power generating capacity while reducing the amount of fossil fuels used to produce electricity,” Sulaiman said.

Saudi Arabia also plans to create jobs by creating a solar power manufacturing industry, making and possibly exporting its own solar-power generation equipment.


Google Said to Be Possible Target of U.S. FTC Antitrust Probe

April 5th, 2011

Via: Bloomberg:

The U.S. Federal Trade Commission is considering a broad antitrust investigation into Google Inc.’s dominance of the Internet-search industry, two people familiar with the matter said.

Before proceeding with any probe, the FTC is awaiting a decision by the Justice Department on whether it will challenge Google’s planned acquisition of ITA Software Inc. as a threat to competition in the travel-information search business, said the people, who spoke on condition of anonymity because the matter is still confidential.

An FTC investigation of Google, the world’s most popular search engine, “could be on par” with the scope of the Justice Department’s probe of Microsoft Corp. (MSFT) a decade ago, said Keith Hylton, an antitrust law professor at Boston University School of Law. Google “could fight the FTC, but that’s going to cost a lot of money and time.”


‘It’s very hard to spend $20 million a year, even $10 million’

April 5th, 2011

Via: AP:

While most of the country is still dealing with the daily realities of a struggling economy, University of California, Berkeley professor Robert Reich said the super-rich are richer today than they have ever been.

“It’s very hard to spend $20 million a year, even $10 million,” said Reich, former Secretary of Labor during the Clinton administration. “The super-rich are always on the lookout for new thrills and new expensive thrills.”

High-end retailers such as Tiffany & Co. and Neiman Marcus continue to do well despite the economy, he said. And even as NASA experiences budget cuts, the extraordinary wealthy are willing to pay small fortunes to go into space or into the depths of the ocean, said the public policy professor.

“People who are selling to the super-rich basically can’t lose,” he said. “Richard Branson can dig a hole to the center of the earth and charge a million dollars a day to go through it and he’d find people to take him up on the offer.”


SEAWATER 7.5 MILLION TIMES OVER LEGAL RADIATION LIMIT NEAR FUKUSHIMA NUCLEAR POWER PLANT

April 5th, 2011

Reuters:

Engineers also plan to build two giant polyester “silt curtains” in the sea to block the spread of more contamination from the plant.

Well, good luck with that.

I wonder: Is it even possible to entomb that thing in such a way that prevents the radioactive waste products from percolating into the ocean?

Via: Los Angeles Times:

The operator of Japan’s stricken Fukushima nuclear plant said Tuesday that it had found radioactive iodine at 7.5 million times the legal limit in a seawater sample taken near the facility, and government officials imposed a new health limit for radioactivity in fish.

The reading of iodine-131 was recorded Saturday, Tokyo Electric Power Co. said. Another sample taken Monday found the level to be 5 million times the legal limit. The Monday samples also were found to contain radioactive cesium at 1.1 million times the legal limit.

The exact source of the radiation was not immediately clear, though Tepco has said that highly contaminated water has been leaking from a pit near the No. 2 reactor. The utility initially believed that the leak was coming from a crack, but several attempts to seal the crack failed.


Predator: A Smart Camera that Learns

April 4th, 2011

More: Zdenek Kalal


Physicians for Social Responsibility Deeply Concerned About Reports of Increased Radioactivity in Food Supply

April 4th, 2011

Via: Physicians for Social Responsibility:

Physicians for Social Responsibility (PSR) expressed concern over recent reports that radioactivity from the ongoing Fukushima accident is present in the Japanese food supply. While all food contains radionuclides, whether from natural sources, nuclear testing or otherwise, the increased levels found in Japanese spinach and milk pose health risks to the population. PSR also expressed alarm over the level of misinformation circulating in press reports about the degree to which radiation exposure can be considered “safe.”

According to the National Academy of Sciences, there are no safe doses of radiation. Decades of research show clearly that any dose of radiation increases an individual’s risk for the development of cancer.

“There is no safe level of radionuclide exposure, whether from food, water or other sources. Period,” said Jeff Patterson, DO, immediate past president of Physicians for Social Responsibility. “Exposure to radionuclides, such as iodine-131 and cesium-137, increases the incidence of cancer. For this reason, every effort must be taken to minimize the radionuclide content in food and water.”

“Consuming food containing radionuclides is particularly dangerous. If an individual ingests or inhales a radioactive particle, it continues to irradiate the body as long as it remains radioactive and stays in the body,”said Alan H. Lockwood, MD, a member of the Board of Physicians for Social Responsibility. “The Japanese government should ban the sale of foods that contain radioactivity levels above pre-disaster levels and continue to monitor food and water broadly in the area. In addition, the FDA and EPA must enforce existing regulations and guidelines that address radionuclide content in our food supply here at home.”

Related: Radiation Beyond Legal Limit Found in Mustard Spinach Grown in Tokyo


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