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  1. #1
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    Truss Issues a seat warmer for Blojo's reprise?

    Liz Truss may soon regret clambering to the top of the greasy pole.

    Even prior to teh Brexit /Boris/austerity debacle the UK economy had issues with regulation, money laundering ad of course transarency.

    Recovering economicallu from Covid will be tough even for the most robust energy rich economies. Norway Brunei and the Persian Gulf sheiks .
    '
    I believe Scotland's oil was spent on Buckie, Andys lawyers and a welfare, Jackmeoff's thrice daily nappy change doesn't come cheap for the feckless south of the border?, but I digress.

    Liz or even new PM Rishi Sanuk will face an energy crisis day one.

    UK nor any one country can control global energy prices.

    Infltaion heading to 22% according to officiall forecast means BoE will have to follow fed and tighten i.e ration credit.This is not my figure but mighty Goldman SSachs

    Goldman Sachs Says UK Inflation Is at Risk Of Topping 22% - Bloomberg



    This will prove a tricky tightrope as anyone able to read a balance sheet a Forex or Bond futures chart can see. A hike in democracies is never a vote winner

    Higher interest will curb inflation but with many so highly leveraged on mortgages that were effectivey free until recently it will be tough.

    Many labour intensive hospitality venues which use lots of light heating plus energy intensive industry willbe under the cosh.

    Giant too big to fail industries may be bailed in meantime local pibs cafes engineers fail and join the welfare claimants and quit being taxpayera/collectors.

    I feel Mr Sunak will be delighted to lose and after a bitter winter and worse polls there will be cries from backbench bullshitta's of the 22 Tory's to bring back election winner and public schmooza sans pareil Boris, oh yes I fear liike disgraced groper Trump, Putin , De Gaulle the New york shittos are waiting in the wings for an encore.

    Clear Analysis from former BBC journo and historian Andrew Marr here

    http://www.newstatesman.com/uk

    People who are cold and hungry will get angry in UK miffed , in France Police Unions strike, the Italians will be as ever revolting while teh Germans will ironically suffer a gas issue the ultimate legacy of Wannsee and the Endlosung.
    The cold and poor of the may come to the obvious conclusion thay if Berlin is Putins financeer the final solution to the German problem maybe the break up of the Euro, rampant infaltion and a new Reichkanlerin Hatller to restore order as Italy adopts a more facist posture and refuses to take filthy foreign bail outs and having a currency financed by workers peddling through the snow to prove oour bite brakes free.

    As Prwait insists watch this Spacey

    Meanwhile milking subsidies in Monaghan while hurling from the ditch

    Slainte
    Quote Originally Posted by taxexile View Post
    your brain is as empty as a eunuchs underpants.
    from brief encounters unexpurgated version

  2. #2
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    It'll be fine if they could just get a good Thai pipe cleaner for Nordstuck.

  3. #3
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    PM sent with the Porntip twins , they insert from each end then tug in harmony, first bags on the video pleez.

    To the economic hassles pending

    Corollary of infaltion

    1 Eats the government debt , erosion,via infaltion,also eats savings of the Diddle class who become even more reactioanary and less gruntled

    2 The able feckless are told to turn off playstation and hustle, get outta da crib and work, thieve or recycle to put food on the table to return from a full day's bigTssue selling to megawankers in Madchester Picadninny to discover mam has sublet their room to Dilly the GMPPTE's fave lippy clippy and his new grindr find Ms ChittyChittynoschlong and hs incontinent nephewE dmundo Dross !

    3 The rich get richer as with multiple bankruptcies and auctioned foreclosd homes rich pickings.

    4 Moderate politicians lose sway to extrempissed of all persausions thise who would like Spoonweather's Tim Martin, Nigel Pollit or Aaron Wanks to be next PM

    5 Rail Unions learn from Japan Rail How to gain mass support by operating trains but refusing to take faes , inspect or operate ticket barriers and Shaft Schapps

    6 Money saving sexpaert Mr Sabang Downunder gets 10 cents per pro Chinese Communist propaganda, with entry into tehe eager Uighur re education fun weekend in Aksu

  4. #4
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    Quote Originally Posted by david44 View Post
    Liz or even new PM Rishi Sanuk will face an energy crisis day one.
    I know that I have posted on this before, but others repeat themselves endlessly on other topics so here goes.
    Nuclear has been the UK's only strategic option for decades. Either that or people crawl back into dark caves, without fires of course because they are bad too.
    The UK has not trained enough nuclear technicians over the past 20 years simply to manage the planned decommissionings ahead, let alone the design, construction and commissioning of new plants.
    There seems some hope that the Small Modular Reactors (SMRs) from Rolls-Royce will help fill some of the future energy gaps. We can put nuclear power plants into submarines, there is no reason why power stations have to be multi-billion pound mega-projects.
    Of course there are challenges with nuclear, as there are with fossil fuels and as there will be with hydro when the reservoirs run dry. They simply need to be addressed. The whole ostrich 'head in the sand' approach to nuclear which politicians have had so far this century has led the UK into an energy pit from which it might struggle to climb out.
    By all means continue to develop other energy sources and aim for a balanced mix in the energy sector. Maybe one day the Holy Grail of cheap energy with zero environmental impact will be discovered.
    In the interim : nuclear.
    Only two conditions for the UK: Do not allow the Chinese to build them. Do not connect them to the Internet.

  5. #5
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    ^ agree and the SMRs are coming along nicely, we are decommissioning the first one, well that was due 22 but now 25 in Vulcan. I think Rolls will do OK out of this

  6. #6
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    Quote Originally Posted by david44 View Post
    PM sent with the Porntip twins , they insert from each end then tug in harmony, first bags on the video pleez.

    To the economic hassles pending

    Corollary of infaltion

    1 Eats the government debt , erosion,via infaltion,also eats savings of the Diddle class who become even more reactioanary and less gruntled

    2 The able feckless are told to turn off playstation and hustle, get outta da crib and work, thieve or recycle to put food on the table to return from a full day's bigTssue selling to megawankers in Madchester Picadninny to discover mam has sublet their room to Dilly the GMPPTE's fave lippy clippy and his new grindr find Ms ChittyChittynoschlong and hs incontinent nephewE dmundo Dross !

    3 The rich get richer as with multiple bankruptcies and auctioned foreclosd homes rich pickings.

    4 Moderate politicians lose sway to extrempissed of all persausions thise who would like Spoonweather's Tim Martin, Nigel Pollit or Aaron Wanks to be next PM

    5 Rail Unions learn from Japan Rail How to gain mass support by operating trains but refusing to take faes , inspect or operate ticket barriers and Shaft Schapps

    6 Money saving sexpaert Mr Sabang Downunder gets 10 cents per pro Chinese Communist propaganda, with entry into tehe eager Uighur re education fun weekend in Aksu
    I’m sure you are aware that there are less obvious solutions for the Fed, and by definition, the UK, to follow in gaining an escape route from rampant inflation?

  7. #7
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    Agreed

    3 mile island , Chernobyld and Fukushima have frightened some democratic regimes with scientifically illiterate leaders let alone a general public

    .Ftance has had cheap fertlizer , trains and household cheap electric and is the democracy most dependentt on nukes.Wisely put their plant at Cap de la Hague where 360 days te wind blows to Portsmouth in case of an accident!



    The holy frail is of couse fusion both ITER in France , Chinese and Stanford are getting closer to a net gain Tokamak that could lead to mini reactors if not in bikes and cars in buses and sub stations for each street. I doubt affordable tokamaks will be seen in rural Thailand in my lifetime due to high investment and skills deficit . I imagine Scandanavians, Canada and other Elk and Moose worrying cold places, like Muff Inishowen, Grampians, Matterhrorn, Colorado etc will be on it like the hood of an automobile.

    ITER - the way to new energy

    Gawd help us if Sabang's Golden Dragonmob in PLA produce a cheapo first

  8. #8
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    Quote Originally Posted by david44 View Post
    Agreed

    3 mile island , Chernobyld and Fukushima have frightened some democratic regimes with scientifically illiterate leaders let alone a general public

    .Ftance has had cheap fertlizer , trains and household cheap electric and is the democracy most dependentt on nukes.Wisely put their plant at Cap de la Hague where 360 days te wind blows to Portsmouth in case of an accident!



    The holy frail is of couse fusion both ITER in France , Chinese and Stanford are getting closer to a net gain Tokamak that could lead to mini reactors if not in bikes and cars in buses and sub stations for each street. I doubt affordable tokamaks will be seen in rural Thailand in my lifetime due to high investment and skills deficit . I imagine Scandanavians, Canada and other Elk and Moose worrying cold places, like Muff Inishowen, Grampians, Matterhrorn, Colorado etc will be on it like the hood of an automobile.

    ITER - the way to new energy

    Gawd help us if Sabang's Golden Dragonmob in PLA produce a cheapo first
    Yes, but I was thinking of viable, but less obvious financial choices for the fed leadership. Increasing interest rates is the obvious solution, but historically, not always the best. It’s all a bit counter intuitive to be honest.

  9. #9
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    A handy guide to SMR debate here

    How sustainable is nuclear energy?

    Sizewell C, if built, would not produce electricity until the 2030s. SMRs could be up and running as soon as 2028

    By Philippa Nuttall





    Adebate in the House of Commons on 19 January, led by a group of MPs known as the “atomic kittens”, suggested nuclear energy can be a panacea for all ills – including a solution for the climate crisis and the gas crunch. The facts suggest otherwise.
    Isn’t nuclear energy a no-no after Chernobyl and Fukushima?

    Disasters clearly reduce appetite among the public and policymakers for nuclear power.
    Before the 2011 Fukushima incident, Japan had planned to increase its dependence on nuclear, with half of the country’s electricity forecast to come from the energy source by 2030, compared with around a third in 2010. But after Fukushima, the Japanese government took all 54 of the country’s nuclear plants offline for safety checks. By 2012 the share of nuclear in the country’s electricity mix had dropped to 14 per cent, and by 2020 it was down to less than 5 per cent. Other countries, like Germany, opted to phase out nuclear power completely after the disaster.
    Today, new nuclear construction projects are few and far between, even in countries such as France and the US whose energy systems are heavily reliant on the technology, and the number of operational reactors is in decline globally.
    [See also: What do Russia’s Nord Stream 1 cuts mean for Europe’s gas supply?]
    Are any countries investing heavily in nuclear?

    In addition to safety concerns, rising costs are a central reason why the number of new plants under construction remains limited. Since 2011, nuclear power construction costs globally have doubled or even tripled. China is, however, notable in its nuclear ambitions. The country is planning at least 150 new reactors in the next 15 years, more than the rest of the world has built in the past 35, though cost could ultimately change this direction of travel.
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    Others countries such as the UK, the US and Canada also see a limited role for new nuclear as part of their response to climate change. The UK government in its 2021 net zero strategy talked about “cutting edge new nuclear power stations”, and plans to launch a £120m Future Nuclear Enabling Fund.
    There are some big nuclear power stations on the cards – think Hinkley Point C or Sizewell C in the UK. But the major excitement among many nuclear enthusiasts, including plenty of UK MPs is around so-called small modular reactors (SMRs). If you believe the hype, they are the answer to all climate and energy ills.
    What is a small modular reactor?

    Like with so many things to do with nuclear, no one can quite agree. “Big is best” has, until now, been the mantra in the vain hope of keeping costs down by creating economies of scale. Big is usually taken to mean a 1,500-1,700 megawatt nuclear power station, while an SMR would be a 300 MW or less reactor. The offering from Rolls Royce – the major player in the field in the UK – would have the capacity to generate 470 MW of energy. When built, such a reactor would have a footprint around the size of two football pitches.
    Rolls Royce, and companies working on the technology in other countries, argue that smaller solutions can be constructed more cheaply and come online more quickly as they can be built in a factory, transported in modules and fitted together “like meccano”, said Rolls Royce’s Alastair Evans. Large nuclear plants are built fully onsite. The idea is that the modules could then be mass produced. However, nothing is rolling off any conveyor belts yet. The only SMR up and running in the world is a 35 MW floating nuclear plant in Russia.
    [See also: How Putin's aggression has nurtured Germany's climate ambitions]
    Sounds interesting. Are SMRs the solution to the climate crisis?

    Unlikely.
    “To meet the requirements of the sixth carbon budget, we will need all new cars, vans and replacement boilers to be zero carbon in operation by the early 2030s,” Virginia Crosbie, a Conservative MP from Wales and the original self-proclaimed “atomic kitten”, enthused to fellow MPs. “We must quickly move away from generating that electricity from fossil fuels... Nuclear power, which has been a neglected part of our energy mix, can bridge the gap.”
    There is, however, no silver bullet to the climate crisis, and renewables, in conjunction with other existing technologies, look like a better, cheaper solution.
    For nuclear in general, power stations that are already online and safe should probably stay online for now as they are a low-carbon solution.
    However, traditional, big nuclear projects look likely to provide only a sliver of the world’s electricity in the future. They are hugely expensive to build, their construction runs over time, and they are frequently struck by technological issues. Moreover, they need to be built close to the sea or a large river for cooling reasons, highlighted Paul Dorfman from the University of Sussex. France has already had to curtail nuclear power output in periods of heatwaves and drought, which are only set to get worse as climate change takes hold. Greater storm surges and eroding coastlines also don’t make the prospect of building by the sea any easier.
    SMRs solve few of these issues.
    “The modular construction helps to cure issues that have been experienced with past nuclear projects, such as financing, long construction timelines and cost,” said Crosbie. But many energy experts disagree.
    “The latest economic estimates available for SMRs are still quite expensive relative to other ‘clean’ energy alternatives, and it would be pure speculation to assume that will change dramatically until the concept has been more proven,” said Mike Hogan from the not-for-profit Regulatory Assistance Project.
    Perhaps most importantly, we need to reduce emissions globally by 45 per cent by 2030 to meet net zero by 2050, according the International Energy Agency, while the UK government has committed to decarbonise its domestic power system by 2035.
    If we take the UK as an example, Hinkley Point C has been delayed and will now not come online until summer 2026 at the earliest. Sizewell C, if built, would not produce electricity until the 2030s. SMRs could be up and running as soon as 2028, claimed Crosbie, but even Rolls Royce says it wouldn’t have a SMR online until around 2031.
    “Once commercialised, SMRs could be out of the door quicker than traditional power stations. But the designs still need to get licensed, factories need to be built, orders placed, projects financed, etc,” said Hogan.
    In short, it is difficult to see how a technology that will only be operational after the UK power system is supposed to be carbon-free will contribute to climate action in the next ten years or so. And the situation is similar globally.
    Other questions around traditional nuclear power stations, such as the thorny issue of waste, would also still apply to SMRs.
    So what is the solution? Renewables, renewables and more renewables?

    In short, yes. The costs of solar, wind power and storage continue to fall, and by 2026 global renewable electricity capacity is forecast to rise by more than 60 per cent, to a level that would equal the current total global power capacity of fossil fuels and nuclear combined, says the IEA.
    Some argue nuclear can be a clean back-up option for when the wind doesn’t blow and the sun isn’t shining. But again, other options already exist, including demand response (for example, plugging in your electric car when there is lots of energy and not switching on your washing machine when the system is under strain), large-scale storage and interconnections between different countries.
    [See also: Deregulation will worsen the climate crisis and Boris Johnson knows it]
    Final word?

    Craig Bennett, chief executive of the Wildlife Trusts, summed up the general mood of those less enthused by nuclear than Crosbie and her fans: “If successive governments had given even half the love and attention they afford to nuclear power to scaling up home insulation, energy efficiency and smart storage technologies, it's likely we wouldn’t be facing current challenges around energy and household bills, and we would have done a lot more good for the climate and nature.”
    If nuclear is to play a role in the climate crisis, the industry – big and small – will have to do a much better job of delivering what it claims it can, on time and at a competitive cost.

  10. #10
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    They are basically the same tech as the Kettles in the Astute class subs, very reliable and they could fit into a reasonable sized living room, the rest of the two Footie pitches is the infra to run it (control, power trans and cooling)

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    Quote Originally Posted by malmomike77 View Post
    They are basically the same tech as the Kettles in the Astute class subs, very reliable and they could fit into a reasonable sized living room, the rest of the two Footie pitches is the infra to run it (control, power trans and cooling)

    Correctomundo,
    The Soviets
    had nuclear ice breakers in the 1970s I believe while the Royal Navy is able to use them in subs of course the cost constraints and anti nuclear sentiment will determine the reality. The French after 3 German sausage probes in a century were determined to go nuclear hence all this cheap high speed trains.

    Boris obviously will get a bung and I imagine Liz Thrust will go into nuclear warp drive, if the price is right. The sums involved at Hinkley Point are mouth watering with huge cost overides and inflation powering if nothing else a gravy train.

    I'll be there next week and I will not be least surprised if like Elizabeth Line, HS@ , Chunnel final tally is double original quotes, Hinkley heading towards high 30s (billion) and EDF squealing already. A new Sizewell plant north of 40 billion and online 2035 if you are lucky. With Tower at Hirwaun gone I imagine cheap African Chinese or Colombian coal imports will rise as people choose to be warm over green. I don't imagine many young English snowflakes eager to go down "t PIT
    what no wifi or smoothies!!


    BBC says

    Hinkley Point C delayed by a year as cost goes up by PS3bn - BBC News

    The nuclear power station being built at Hinkley Point will start operating a year later than planned and will cost an extra £3bn, EDF has said.


    The revised operating date for the site in Somerset is now June 2027 and total costs are estimated to be in the range of £25bn to £26bn.


    EDF said it would have no cost impact on British consumers or taxpayers.


    The French energy giant developing the site largely put the delays down to the impact of the pandemic.


    EDF has published the findings of a review into the cost and schedule of the power station, taking into account the continuing impact of the Covid-19 pandemic.notes

  12. #12
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    ^ There is no such thing as risk transference in Govt contracts any more in the UK, its a joke. Contract delays, over-runs in time and cost, never mind the taxpayer will stump up.

    Astute was massively over time and budget, Dreadnought is already on DP3 soon to be DP4 and each time the cost goes up and there is no risk to BAES Subs 11% contract profit rate. The kettles supplied by RR were on time and budget (within a small margin).

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    Yep the modern model, if there are profits retained, losses are socialized its a win win for the sharks and I foresee little change of the err COning tower if you will.

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    I get the appeal of nuclear, in any form, but in the end it’s just piling up more radioactive waste, that does not have a reliable solution or containment for.

    The UK will continue extending the life cycle of existing coal fired stations that remain.

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    Quote Originally Posted by Switch View Post
    end it’s just piling up more radioactive waste, that does not have a reliable solution or containment for.
    yet.

    Quote Originally Posted by Switch View Post
    The UK will continue extending the life cycle of existing coal fired stations that remain.
    3 that are due decommission in the next year or so, more importantly we have a few nuclear plants that could be extended and fuk EDF off and take back control of nuclear as its not going away and all we'll be left with is decommissioning costs whilst the froggie cvnts take the profit and walk away.

  16. #16
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    Gave me a giggle..

    Liz Truss dressed as bins..

    https://twitter.com/GarethWild/statu...G3UpniSlQ&s=19

  17. #17
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    ^ Guess you have to live in Manchester? I have to say i never realised what a drain on the NHS people norf of the M4 are, walk around and everywhere is full of people who have birth defects, IQs so low they appear in the first 9 numbers of the Fibonacci sequence and lots have bits missing off them. I think when Scotland declares independence we should partition somewhere around Burton-on-the-Water.

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    Quote Originally Posted by malmomike77 View Post
    yet.



    3 that are due decommission in the next year or so, more importantly we have a few nuclear plants that could be extended and fuk EDF off and take back control of nuclear as its not going away and all we'll be left with is decommissioning costs whilst the froggie cvnts take the profit and walk away.
    Sure. Kier Starmer and the luddites would love that.

    Small nuclear reactors could be a short term option. Like the ones on nuclear subs. Waste disposal still grows, just like it has done since the last world war! Maybe that why the moonshot is back in fashion. Seventy years and still no effective solution to safe waste disposal!
    The sea of tranquility looks good this time of year. hahaha

  19. #19
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    BNFL will be looking to aim for the stars, well at least the nearest one.

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    Quote Originally Posted by Joe 90 View Post
    Gave me a giggle..

    Liz Truss dressed as bins..

    https://twitter.com/GarethWild/statu...G3UpniSlQ&s=19
    Mike obviously missed the fact that the guy who posted that on tw@tter, is a southern pussy.

  21. #21
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    I didn't. I just love pointing out what a freak show it is Ooop Norf. Even Dill has spotted it with his decade away in Pattaya Its funny when you talk to Norf peeps going on holiday, it like they think they have a day pass.

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    Having experienced both options, I have to say that the south is a bit underwhelming. Especially if you have encountered southern gobshites who have migrated to Thailand.

  23. #23
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    Quote Originally Posted by Switch View Post
    Having experienced both options, I have to say that the south is a bit underwhelming. Especially if you have encountered southern gobshites who have migrated to Thailand.
    did you feel out of place, social graces, being understood, ohhh its blokes

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    Quote Originally Posted by malmomike77 View Post
    did you feel out of place, social graces, being understood, ohhh its blokes
    Nah, just southerners in Asia, bragging openly about their heaps of cash. So gauche! Female gold diggers abandoned by such oiks, because the supposed ‘wealthy’ blokes have no moral code.

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