Cryptocurrency: Nextgen Smaller Nuclear Power Plants Coming Online Worldwide

[grarpamp]

Sovereign countries spooling up green power for crypto mining ;)
Solar is cheap for home mining now too.


China Puts Finishing Touches On First "New Generation" Nuclear Power
Plant 9/8/2020
https://finance.yahoo.com/news/china-gives-operating-license-first-001626343.html
https://www.zerohedge.com/geopolitical/china-puts-finishing-touches-first-new-generation-nuclear-power-plant
https://www.zerohedge.com/geopolitical/bill-gates-next-project-building-nuclear-power-plants-across-pacific-northwest

Bill Gates better hurry up and build those "homegrown" nuclear
reactors across the Pacific Northwest, because China is already on
track to outpace the US in applying the newest generation of nuclear
power technology to its respective power grid. Bloomberg reported
Monday that the country took a significant step forward as its Hualong
One reactor began loading fuel for the first time.

China National Nuclear Power company, a unit of China National
Nuclear, the country's state-controlled nuclear authority, said Monday
that fuel loading started at the Fuqing No. 5 reactor, the first to
use the new technology, on Sept. 4. The company recently secured an
operating license from the Ministry of Ecology & Environment. It's
nclear when the reactor might restart.

As Bloomberg explains, China is on track to develop the new nuclear
technology without any help from the US, and Beijing has abruptly
ended a three-year freeze to move this $10 billion project to build
more of these reactors across China.

    Hualong One development is being closely watched in the battle for
the nation’s next-generation nuclear power systems. Its success could
mean a nuclear revival in China that would have little to do with
western developers including Westinghouse Electric Co. from the U.S.
and France’s Electricite de France SA.

    China had almost 49 gigawatts of nuclear power installed as of
2019 and should get into the mid-fifties this year. GlobalData Plc
predicts it will pass France as the world’s No. 2 nuclear generator in
2022 and claim the top spot from the U.S. four years after that.

    Beijing gave the green light to four Hualong One reactors last
year in a clear sign of support, ending a three-year freeze on new
approvals caused by the government’s consideration of different
technologies and the ongoing trade dispute with the U.S. Two more
projects that will use Hualong One designs, with a combined cost of
$10 billion, were approved last week.

    The country started up the world’s first next-generation reactors
in 2018, including four AP1000 units designed by Westinghouse as well
as a project using EDF’s EPR technology.

Bill Gates is going to need to step on it if he hopes to keep the US
power grid one step ahead of China while helping to make "fossil fuels
extinct" at the same time by positioning nuclear power as a
'supplement' to renewables.

Gates has predicted that by mid-century we will see "hundreds of these
reactors all aroumd the world).