The Great Zaganza
Maledictorian
- Joined
- Aug 14, 2016
- Messages
- 29,973
Yeah, but ask yourself why.
because energy companies were never under actual competitive pressure until now - which is why they fold like cheap deckchairs.
Yeah, but ask yourself why.
Ever hear of an "elevator pitch" RBF? It's important for people to get to their point quickly if they don't want to lose their audience. I have little patience for those who don't get to their point and instead drone on. This video could have been two hours long and I would be happy to have watched the entire video if it could ever actually have said anything. But watching a 40 minute video for two minutes of content is not bearable.
BTW, I just finished watching a 38 minute presentation of the Integrated Molten Salt Reactor https://youtu.be/OgTgV3Kq49U
and before that a 48 minute video about the disadvantages of Thorium.
https://youtu.be/GAiHtrWHxK0
And before that a 1 hour 43 minute presentation of Microsoft's Hololens
https://youtu.be/mMNVSwO1yDo
Thanks for those links. There goes the evening...
Sorry about that. If you want to blow tomorrow night, try this one too.
Tour of Oak Ridge National Laboratory
https://youtu.be/8hA8V8y52BM
2:24 minutes
The more I learn about nuclear physics, the more I'm convinced that are problems are solvable if we can get out of our way.
I'm getting really interested in clean tech.
I'm an investor and I'm looking to transition into these industries (I still hold Shell at the moment, a huge polluter).
I've been a big nuclear energy supporter since forever and thought it really was picking up when Fukushima happened. Now I think it is getting popular again thanks to Asia. Europe and the US have gone full retard, abandoning technologies that may kill some people in favour of technologies that will kill everybody. Spain is looking to shut down its nuke plants now.
Any info welcome, I'm learning a lot recently.
My 14-year-old daughter had to make a case for wave and tidal energy for a school project, I did the research with her. It's a very interesting technology. But the companies that lead the way are short of money and it frustrates me no end.
In the current economic environment, investors are loath to bind their money to projects that require decades of commitment - which is the case for all nuclear power generating systems.
Without government guarantees, Nuclear Power won't make a comeback in the foreseeable future.
Tidal and wave energy are both very interesting. There's a fascinating plant in Western Australia used to run a desalination plant that provides fresh water for 500,000 people.
I use to be anti-nuclear because I thought the waste problem was insolvable. But I've learned that the problem has been grossly exaggerated. In fact, it turns out that 95 percent of the waste is really unspent fuel and 4.5 of the other 5 percent is quite valuable
The other consideration seems to be preventing a nuclear accident like Fukishima and Chernobyl which like almost all nuclear plants in operation today have an inherent risk for a catastrophic accident because of the use of high pressure water as a coolant.
New Generation 4 plants that use molten salt as a coolant seem to be the future. They not only eliminate that risk, their low pressure high temperature coolant can be used for far more than power generation.
I'm excited about the possibilities. Thorium seems to be very interesting, yet almost no one wants to jump into that pool first.
As an investor, my instinct is to look at companies developing expertise in dealing with molten salt as it seems as half the energy industry is looking at it as an energy storage medium.
The Dutch are considering a carbon tax, that could make alternatives competitive.
But apart from that, I'm pessimistic about the speed at which alternatives are implemented and/or funded.
Some of the companies I've looked at:
Nuclear: verge of bankruptcy.
Wave energy company Carnegie has declined
Governments need to get involved at this point and get some push behind this.
None of this surprises me. Few of these are ripe for being publicly traded. The Nuclear sector has a dozen new companies. 80% of which or more are likely to crash and burn. Choosing the right company to invest in is challenging. Not only is picking the best technology difficult but picking the company is extremely hard. Bill Gates has invested a half a billion dollars into Terrawave and traveling wave reactors and I'm not sure it is a better solution than any of the other companies proposing small module reactors. Imagine losing a half a billion dollars.
I have been studying the energy sector intensely for years and I don't feel comfortable with any of the investment opportunities I've looked at. The one I did take a flyer on lost half its value in the first six months I owned it. I mention molten salt simply because of the versatility of applications and the intense interest in it.
Good luck with your investing. I hope you make a killing.
because energy companies were never under actual competitive pressure until now - which is why they fold like cheap deckchairs.
I'm getting really interested in clean tech.
No such thing. If you generate megawatts, there will be major environmental impacts. You can have cleaner tech, at least compared to coal.
Sorry, the answer was "because people are scaret ******** about nuclear and thus the costs have gone up."
Now, let me tell you what you didn't win...
No such thing. If you generate megawatts, there will be major environmental impacts. You can have cleaner tech, at least compared to coal.
I know, but coal is INSANELY dirty, that's the one I'd like to see disappear in my lifetime.
Kirk Sorensen
LFTR
"Clean" is a bad buzzword to get hung up on.
But regardless by damn near any factor coal is just the worse.
The who to the what, now?
<checks>
Oh, a thorium reactor. Yes, that sounds remarkably better than current tech and has for a long time.