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Good article in The Avertiser -BusinessSA Chief Executive speaks...

  1. 39 Posts.
    Good article in The Avertiser -BusinessSA Chief Executive speaks
    http://www.adelaidenow.com.au/news/...to-nuclear-power/story-fni6uo1m-1227211998976
    BusinessSA chief executive Nigel McBride yesterday said the state could position itself as a global leader in nuclear technology and turn foreign waste into cheap local power.
    Mr McBrid
    Japanese conglomerate Hitachi and the US giant General Electric have developed a new PRISM reactor which recycles used nuclear fuel into “low-carbon electricity”.
    he said it and other emerging technologies could be “game changers” for SA. “Storage is great, but when you actually fully spend these rods through a PRISM, you get to the point where the actual amount you’ve got to store is tiny,” he said.
    “We can be the leading environmental and carbon-friendly recycler of poorly used nuclear waste to create cheap energy and a whole industry with new jobs.”
    SA Chamber of Mines and Energy chief executive Jason Kuchel said enrichment of uranium could bring billions of dollars in investment to the state, and create jobs.
 
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