Monday, May 22, 2006

Fuel wars

More evidence that nuclear is all about the sales, with "talks" going on between Russia and the US...

"In particular, Russian officials complain about the continuation of restrictions on deliveries of their nuclear products to the US.

They are a lucrative export, reportedly valued at half a billion dollars a year."

(emphasis mine...)

Sounds to me like everyone wants to be the new Middle East, but for nuclear instead of oil. I suggest that this is why nuclear is really back on the agenda in the UK, and why renewables have so little enthusiasm behind them - it's much easier to sell tangibles than just "electricity" (especially if you haven't got the export network in place - a la France). Put that in your pipe and smoke it.

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