1. India could have 470 GWe of nuclear capacity by 2050 if it thinks big and manages its program correctly, said the country’s prime minister, Manmohan Singh.
Singh’s prediction of a future Indian reactor fleet bigger than the current global total came at the opening of the International Conference on Peaceful Uses of Atomic Energy in New Delhi today.
India is pursuing a three-stage closed nuclear fuel cycle. The first stage is based on pressurized heavy-water reactors using natural uranium and producing plutonium; the second on fast-neutron reactors using plutonium and breeding uranium-233 from thorium; the third sees more heavy-water reactors fuelled by uranium-233.
2. US U.S. Energy Secretary Steven Chu said Thursday he will push for billions of dollars in new loan guarantee authority to help rejuvenate a domestic industry and cut greenhouse gas emissions.
Although companies have submitted 18 new nuclear power plant license applications to the Nuclear Regulatory Commission, the Department of Energy only has authority for $18.5 billion, enough for four to five plants.
“If you really want to restart the American nuclear energy industry in a serious way…we (need to) send signals to the industry that the U.S. is serious about investing in nuclear power plants,” Chu said in an interview on the sidelines of a conference here.
3. RWE AG Chief Executive Officer Juergen Grossmann said Germany should talk about extending the lifespan of all its nuclear reactors beyond planned early retirement dates.
4. Zhang Guobao, head of the National Energy Administration, warned of signs of “improper” and “too fast” development of nuclear power in some regions.
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.