Discover and read the best of Twitter Threads about #nuclear

Most recents (24)

Some Friday ramblings
Recession is here. $WMT, $COST, $TGT all prevaricated their way around shoddy earnings - it was freight! Cost inflation! Food & fuel!
In their declining sales you see the elasticity of discretionary consumption. Prices are high and going higher - the Fed will wreak havoc on financial assets but real carbon shortages (PADD 1 distillate is particularly grim) won't be tamed by 50 bps
The Fed has not been shy about their intentions. "The neutral rate might be 3.6% and we won't hesitate to hike higher" or Bill Dudley former Fed pres '18 openly waffling in BBG about how asset prices need to drop to spur an inverse wealth effect
Read 16 tweets
THREAD: Watching today's @FERC monthly open meeting. Among the highlights: a potential final decision to pursue a $20M enforcement case against Energy Transfer over the Rover #pipeline, and action on #transmission line ratings.
And we're underway.
@RichGlickFERC said public will be able to attend next month's open meeting, provided COVID numbers are encouraging.
Read 14 tweets
1) "Nuclear is too slow"

Yes, SMRs may be a few yrs away. @NuScale_Power's first SMR will be operational in 7 years, which isn't "decades away." Conventional nuclear plants are used the world over, and if you hadn't noticed the trend, are increasingly sought after
1) cont.

The UK, Ukraine, France, Philippines, Czech Republic, Singapore, South Korea, Japan, even the US (vis a vis Diablo/SUR/current rumblings in Congress), among others, have all opened tenders, slowed closures, or are actively developing new plants for use this decade.
Read 14 tweets
Couple thoughts #uranium $PDN $PALAF

For views such as this I only ever work in back-of-envelope. Sustaining capex changes / cost inflation, commodity financialisation (blow off top?), mgmt decision to do CR, prognosticating about health of credit markets in '23/'24
Make it nigh impossible for a guy like me to credibly assess cost of debt/equity or unforeseen costs in LH maintenance.
So with fairly draconian cost assumptions and conservative earnings multiple this is where I see $PDN share px for different #uranium contract px's
Now px is A$0.66. "Fairly" valued for a '24 mine restart at $50 ($A0.73). Happy to accumulate here and below if we see more pain in the market (as I expect) because at #uranium U3O8 = USD$80, we may see 4x in the value of the mine. I stop at $120 (conservative by utwit standards)
Read 9 tweets
Is investing in enrichment considered "diversifying"?

--
Ans: no
But it's THE bottleneck in global #nuclear ⚛ fuel cycle during next decade

SILEX (ASX: $SLX) is still early-stage, but has huge 📈potential w/ their high-efficiency laser enrichment + exclusive 🌎 license via GLE Image
Global Laser Enrichment (GLE) is a JV between $SLX (51%) and @cameconews (49%)

GLE owns an exclusive worldwide license for use of SILEX uranium enrichment technology
+ $SLX 7% minimum perpetual royalty on GLE's SWU revenues Image
SMR's are beginning to take-off

SMR benefits:
- scalable
- assembly line manufacturing & design
- significant time & cost reduction
- shorter cycle time between 📝agreement & 1st kWh into ⚡ grid

(@NuScale_Power / $SMR is also a good non-diversified diversification option imo) Image
Read 8 tweets
I did some research on creating a #stablecoin a year ago. I was debating doing a #uranium backer coin. 1lb U3O8 per coin. I spoke to some top lawyers, bankers and brokers about the project. In the end, although it would be a worthwhile project and…
The #nuclear industry and the #uranium mining industry would benefit from it, I decided to put the project on hold indefinitely. Why? Because legal experts made it perfectly clear to me that crypto coins clearly fall under the definition of securities and the corresponding regs
To deal in securities you 100% must follow all the banking and brokerage dealer rules. ‘Know your client’, ‘anti money laundering is rules, huge amounts of disclaimers and docs required. Huge fees to pay to launch. Equivalent to and IPO that also requires investors be accredited
Read 8 tweets
This is a #Gigafactory, #nuclear style. It is a factory that makes modular 600MWt high temp nuclear reactors and high-temp steam electrolysers. First 36 of them (22GWt) will populate the clean hydrogen plant built next to it, producing ~85 TWh (~2.4 Mton) of clean H2 / year.
After the first 36 reactors are built, the factory has likely been amortised, the processes fine-tuned to excellence and production costs for further units are low. They can be shipped to populate other power / hydrogen plants.
We could build one of these in #Finland, next to the envisioned #hydrogen-pipeline to Germany. Such a pipeline needs to be big to make sense. 10 GW is decent size, enough to take most of the H2 produced at Gigafactory 1. We can build pipeline bigger and export #wind H2 as well.
Read 5 tweets
Happening now: Senate Armed Services Committee Worldwide Threats hearing...

Testimony from @ODNIgov Dir Avril Haines & @DefenseIntel Dir Lt Gen Scott Berrier
SASC Chairman @SenJackReed on US intelligence sharing in #Russia-#Ukraine war:

"Intelligence officials are understandably cautious about revealing hard-won insights on adversaries, but this strategy has proven highly effective..."
"...This is a great example of competing effectively in the information domain, and I hope we will continue to make use of this kind of creative tradecraft" per @SenJackReed
Read 53 tweets
1)The #Uranium #mining #stocks #investing thesis👨‍🏫 in May 2022 is now the most bullish it's been in 4 decades!🤠🐂 Here's a thread to bring you up to speed🏇 on how a record Uranium supply deficit⤵️⛏️ is colliding💥 with a global #Nuclear #Energy Renaissance.⤴️🌞🏗️⚛️ 🌊🏄‍♀️🧵4U👇2 Image
2)Entering 2022, #Nuclear fuel consultants UxC & TradeTech estimated 200M lbs of #Uranium demand versus only 135M lbs of mined supply for a ~65M lbs deficit for many years to come.↕️ #Nuclear utilities draw down inventory & rely on ~25M lbs of Secondary Supply to fill gap⛏️👇3 ImageImage
3)Then to make matters worse, #Russia invaded #Ukraine🪖 turning the #Nuclear fuel market on its head.🙃 Russia's 39% of global enriched #Uranium, 27% conversion & 14% of mined U supply are a target of emerging US & EU import bans & self-sanctioning by western utilities🇷🇺⛏️⛔️👇4 Image
Read 13 tweets
No way of knowing of course, and in the end, our opinions have no value.

What are the facts we currently have and on which we should base our acts upon instead of mere opinions?

->

#uranium #u3o8 #nuclear #investing #commodities
-> Broad market is in a downtrend and the expectation is that rallies will be sold
-> #Uranium sector equities are showing momentary relative weakness
-> Spot price is showing relative strength
-> Long term trend in U leaders is mostly fully intact
Best way for an investor who has no means of timing the market, is to scale back in gently. It is to remember though that the possible downside is still quite large if the sector stays correlated to broad market.
Read 6 tweets
1/5.
The #Crumbling #Empire & its #EU #Vassals are #Locked in an #Economic #War of #Attrition with #Russia, which it did NOT #Expect & against which it has NO #Plan on how to #Win it.
The #Increase of ever #More #Sanctions on #Russia are #Hurting both the #US & even more>>
2/5.
the #EU-part of the #Empire more than #Russia,
in a steady #Rising way, creating more & more #Resistance against it, both in the #US as in #Europe.
In the #Battlefield- #War-#Theatre however, its clear that the #Russian #Allies are slowly, but #Decisively & #Grindingly>>
3/5.
#Destroying the #Ukraine #Army & its #Infrastructure, that was #Constructed, #Armed & #Trained by the #NATO-allies in the 8 years since the #Maidan #Coup & #Start of the #Ukraine #Civil #War in 2014.
When the #Policy of #Fighting instead of #Diplomacy continues,
>>
Read 6 tweets
How real is the threat of #NuclearWar ?
In 30 minutes, @EthnicMediaSvc goes live with four eminent experts on the issue: @mklare1 Michael Klare @DarylGKimball @AndrewNynka @ArmsControlNow Watch here: fb.me/e/1s0hx3u35
We are in a heightened state of nuclear danger, says @DarylGKimball Putin has made nuclear threats which are unprecedented.
Read 21 tweets
Really! Read the truth here👇
Its not Congress who built IITs, AIIMS or IIMs

1- #IIT was the brain child of British Officials - back in 1946 when Sir Jogendra Singh of the Viceroy's Executive Council set up a committee whose task was to consider the creation of Higher
Technical Institutions for post-war industrial development in India. The 22-member committee, headed by Nalini Ranjan Sarkar, recommended the establishment of these institutions in various parts of India, along the lines of the Massachusetts Institute of Technology (#MIT),
with affiliated secondary institutions.
2- #Pakistan made a better #nuclear weapon way before us irrespective to who paid for it,its their property,
3- Pakistan had way better roads during the Congress reign in India.. we did not have a single highway where a fighter plane
Read 9 tweets
🇷🇺🔥🇺🇦 #Rusia vs #Ucrania (día 71) - Vamos con nuestro #hilo diario sobre la #GuerraEnUcrania, después de que la jornada de ayer nos dejase una nueva ofensiva rusa sobre #Liman y sus alrededores.

🟥 #RETWEEETME 🙏
🇷🇺🔥🇺🇦 #Rusia vs #Ucrania (día 71) - La primera noticia tiene que ver con la ayuda de #EEUU a Ucrania que ha permitido acabar con la vida de varios generales rusos.

🟥La información y no otro factor está siendo la gran ventaja ucraniana en esta guerra.

nytimes.com/2022/05/04/us/…
🇷🇺🔥🇺🇦 #Rusia vs #Ucrania (día 71) - En el siguiente #vídeo vemos cómo la infantería rusa "limpia" una zona boscosa cercana a #Limán.

Read 46 tweets
Thread: Dan Campbell was one of the workers who operated Nanticoke, North America's largest coal facility. He wasn't sure what to think about climate change & whether his workplace was contributing to childhood asthma or shortening the lives of Ontarians from air pollution 1/
He had worked hard to become very good at his job, enjoyed the challenge of his work and took pride in keeping the lights on across the province. 2/
Luckily when the Ontario government decided to shut down the #coal fleet, Dan, a highly skilled worker, had the opportunity to find work of similar caliber and pay operating a #nuclear reactor @Bruce_Power . 3/
Read 9 tweets
Chornobyl (1986) & Fukushima (2011) are very well-known #nuclear disasters… but have you ever heard about Three Mile Island incident?

This coming May 4th many people will be talking about this event (thanks, @netflix), so let’s inform ourselves to know the FACTS about it.
Long story short:

In 1979 at Three Mile Island nuclear power plant in the USA, a cooling malfunction caused part of the core to melt in the #2 reactor. The TMI-2 reactor was destroyed.

Here’s what happened 👇
The Three Mile Island (TMI) Generating Station is a closed nuclear power plant located in Pennsylvania, USA 🇺🇸

It’s composed of 2 pressurized water reactors, TMI-1 & TMI-2, that started generating electricity in 1974 and 1978, respectively.
Read 23 tweets
$33 billion more in aid for #Ukraine being sought by @WhiteHouse.
The proposed package includes $20 billion in military assistance, $8.5 billion in economic aid and $3 billion for humanitarian support.
"...we expect our NATO allies and EU partners will be making even larger collective contributions than the United States," says @POTUS in request letter to @SpeakerPelosi.
Read 20 tweets
London has been beautiful for this week’s @WorldNuclear Working Group meetings - learned a lot as always.

World #Nuclear Fuel Cycle meeting kicking off now with Treva from @U3O8TradeTech discussing #uranium fundamentals with @cameconews @Oranogroup @NAC_Kazatomprom
Jason Murphy from @ConstellationEG giving a great talk on the company’s #nuclear fleet - very impressive stats all around. Emphasized that the company intends to pursue life extensions to 80 years for the whole fleet. Also- contracting strategy starts 6 years before any reload!
Favorite quote of the day so far: “we don’t live in the spot market like some others do. I’m not sure how those guys sleep at night”… long term contracts with reliable partners is the name of the game. Also strategic inventories are clearly important for a fleet of their size.
Read 7 tweets
Seguimos con las aplicaciones de la #tecnología #nuclear más allá de las centrales. ¿Sabías que en la actualidad hay hasta 5 vehículos espaciales que funcionan gracias a baterías nucleares? Te contamos qué son y cómo han ayudado a la exploración espacial 🚀
¡Dentro hilo!
Estas baterías se llaman generadores termoeléctricos de radioisótopos (en inglés, Radioisotope Thermoelectric Generator o RTG) y desde los años 60 se usan para suministrar electricidad a las sondas y vehículos que exploran los confines del sistema solar 🪐 Fuente: Robert D. Abelson. Thermoelectrics Handbook: Macro t
¿Y cómo funcionan? 🤔 Un RTG se basa en el fenómeno físico de la desintegración radiactiva, por el cual un núcleo atómico inestable libera parte de su energía mediante la emisión de partículas (electrones, fotones, neutrones, etc.) a las que llamamos #radiación
Read 14 tweets
Already on February 24 - the day of the 🇷🇺 invasion of 🇺🇦 - the "liberators" appeared at the #Chornobyl nuclear power plant, who were there until March 31.
All this time, they held hostage the staff of the plant, as well as the National Guard soldiers who guarded it.
(1/4)
The power plant did not receive the external power required for safe storage of spent fuel. Forest fires also broke out in the Exclusion Zone, and the occupiers did not allow them to be extinguished.
(2/4)
#ClimateEmergency
#nuclear
Before leaving the #Chornobyl nuclear power plant, the occupiers drew up and signed the "ChNPP Acceptance and Transfer Act". It stated that the troops of the 🇷🇺 National Guard allegedly "guarded" the #Chornobyl nuclear power plant from February 24 to March 31. "
Read 4 tweets
1/10) Prior to last week's #Uranium sector retreat😱 #Nuclear fuel consultants UxC & TradeTech forecasted deep multi-year U supply deficits with 200M lbs demand vs 135M lbs mined #U3O8 supply + 25M lbs of Secondary Supply that will be dropping due to pivot from #Russia⚠️ A🧵4U👇2
2) World #Nuclear Association was reporting 439 operable reactors (392 GW) + 56 more under construction (62GW)⚛️🏗️ with 26 expected to come online this year & next.⚡️🌞 96 more in advanced planning/ordered + 325 proposed🧾 for projected +2.6%/yr growth rate↗️🏗️🤠🐂 #Uranium🧵👇3
3) On Monday #Pakistan announced that a new 1100MW 'Hualong One' #Nuclear reactor built with #China had begun commercial operation⚛️⚡️ which will consume circa 0.5Million lbs of #U3O8 #Uranium per year delivering #CarbonFree #electricity for the next 60+ years.🌞🇵🇰⛏️🤠🐂 🧵👇4
Read 10 tweets
#Germany's leaders, especially Chancellor #Scholz seem reluctant to really help #Ukraine-especially by providing #heavyweapons.

(Too) many reasons are given for this, even avoiding #nuclear war, but there's a problem with these excuses for🇺🇦- AND for🇩🇪& its #NATO allies
a🧵
Here's the latest interview with #Scholz in @derspiegel He steers a question about supplying proper weapons to
1) #Germany becoming a party to the war in #Ukraine
2) The danger of a direct confrontation between NATO & Russia
3) WW3 & Nuclear war

spiegel.de/international/…
As you can see from the quotes below
- and despite the best efforts of the journalists -
there's a lot of diversion, deflection & flim-flam going on here ...
The key point seems to be to keep stoking and manipulating fear among #Germany's population
Read 18 tweets
1/4: A little light reading for your weekend: @NRCgov has released the first installment of its mammoth, decade-long "Level 3" Probabilistic Risk Assessment study. nrc.gov/docs/ML2206/ML…. It is seeking public comment by June 21. nrc.gov/reading-rm/doc…
2/4: The bottom line: the risk of a large, #Fukushima-like radiological release from the two-unit "reference" plant due to "internal" accidents and internal floods only is about 1 in 11,000 to 1 in 29,000 per critical-year, depending on whether FLEX measures are credited.
3/4: When external events (floods, earthquakes), low-power and shutdown modes, and spent fuel pool accidents are included, based on prior studies, these risks are likely to increase by at least a factor of 4: that is, to as high as 1 in 2,500 per year.
Read 4 tweets
So the head of the Russian NBC-defense troops Gen. Kirillov accused the US of a WMD provocation against RU in a briefing today. English translation of the statement is here: telegra.ph/Briefing-on-a-… ... #Chemical #Biological #Nuclear #Weapons
If you make accusations you normally want to provide some kind of proof or context. RU claims to have such information but falls short providing details. I will refrain from commenting on the "success of RU in conducting the special military operation":
RU claims that the US have already determined the procedure for an investigation. Maybe this a translation issue but is RU really claiming that the ICRC, the UN-Secretary General and OPCW are colluding with the US in such an alleged "provocation"? At least this is what they claim
Read 10 tweets

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