Japan’s opening of its power market is pressuring utilities to get nuclear plants back on line quickly to bolster finances in the face of potentially greater competition, according to Bloomberg New Energy Finance.
When Japan’s retail power market fully liberalizes in April, utilities that have nuclear power plants online, like Kansai Electric Power Co., will have an economic advantage, according to Miho Kurosaki, a Tokyo-based analyst with BNEF. Nuclear power is the cheapest form of electricity generation, allowing producers to cut rates and edge out new entrants and old rivals.
Utilities could resume operations at 21 of Japan’s 43 functioning reactors by the end of 2017, according to one scenario forecast by BNEF. As many as 28 reactors could restart by the end of next year, according to BNEF’s most ambitious view. So far, three reactors have restarted under post-Fukushima safety rules.
Well who didn't know, other than Bud, that Feb 29th would come and go with no news about Areva and LTBR. Ohhhh of course there is Jimlam the moron. See, Seth knew there would be no news and that's why he announced some other "partner". Don't you love how he phrases them as "partners"? Like CNL, these parties are NOT partners. They are potential suppliers who don't care about Seth's fantasy they only care about being paid. If Seth wants to throw Buds money down the toilet and contract with a fuel fabricator or a research reactor these companies will happily take the money. A "partner" is another party willing to share the expense. And Seth has no "partners". Nobody with any knowledge believes in this nonsense- even Jim Maline doesn't believe in it and that's why no insider buying. So look for Seth to start the next CC talking about Babcox or something else. It doesn't matter, game is almost over....
E-Zero says my posts have no connection to Lightbridge.
Vietnam is considered the third most lucrative export candidate for US Civil Nuclear contracts, behind only China and the UK. With further lessening of liability measures, India might have moved into the 3rd spot.
Lightbridge Corporation (Nasdaq:LTBR), a leading innovator of next generation nuclear fuel designs and provider of nuclear energy consulting services to commercial and governmental organizations, today announced that the Company and the Vietnam Agency for Radiation and Nuclear Safety (VARANS) have signed a collaboration agreement in the continued development of administrative, legal and regulatory infrastructure to support Vietnam's civil nuclear energy program. Lightbridge is the first U.S. company to work with VARANS on Vietnam's nuclear energy program. The parties agreed to the work by Lightbridge after a recent Asia commercial diplomacy trip.
As CEO of a leading nuclear energy consulting company, Mr. Grae was part of a Civil Nuclear Trade Policy Mission to Vietnam and China that was organized by the U. S. Department of Commerce's International Trade Administration. He is also a member of the U.S. Department of Commerce Civil Nuclear Trade Advisory Committee (CINTAC). The Committee advises the Secretary of Commerce on how to expand U.S. civil nuclear exports and strengthen the industry's competitiveness. Mr. Grae was first named to the CINTAC in 2010.
Seth Grae is an advisor to the Secretary of Commerce and eluthhero is a self proclaimed professor of who knows what?
Now I ask you what audacity does he have, along with his basher pals, badmouthing someone who is much higher up the intellectual/political/commerce related world that we are all a part of.
He hasn't a clue of the painstaking process that Lightbridge has undertaken to conceptualize, develop, obtain both industry and regulatory acceptance, test and manufacture their new transformational fuel rods.
He has no interest in this company and is probably an anti-nuke disciple.
And besides eluthzero your bootlicking of chess is downright degrading for even you.
If a response, that puts you in your place is what you needed, I have plenty more where what came from.
And yes everything Nuclear pertains to this board!
Nowhere do you state how LTBR is involved in any of this nor do you tell us how LTBR makes a dime off of this. You're all misdirection. Your psychology is that you'll print a thousand articles on nuclear power and IMPLY than LTBR will suck money off of SOME of them.
You'll hold this dog all the way to zilch. CNCEd is absolutely right. This is a company with ALL hypotheticals and no reality. You must write several thousands words per day here which means you're married to LTBR and have absolutely no life.
CHARTER OF THE
CIVIL NUCLEAR TRADE ADVISORY COMMITTEE
1. Committee’s Official Designation. Civil Nuclear Trade Advisory Committee
2. Authority. The Secretary of Commerce (the Secretary), having determined that it is in the public interest in connection with the performance of duties imposed by law upon the Department of Commerce (the Department), established the Civil Nuclear Trade Advisory Committee under the authority granted in 15 U.S.C. 1512, and in accordance with the Federal Advisory Committee Act (FACA), as amended, 5 U.S.C. App., and with the concurrence of the General Services Administration.
3. Objectives and Scope of Activities. The committee shall advise the Secretary on the development and administration of programs to expand U.S. exports of civil nuclear goods and services in accordance with applicable U.S. laws and regulations, for use by the Department in its role as a member of the Civil Nuclear Trade Working Group of the Trade Promotion Coordinating Committee and the Department’s active participation in the Atoms for Prosperity interagency group to promote U.S. civil nuclear trade.
Seth Grae is President and CEO of Lightbridge Corporation. During Mr. Grae’s tenure, Lightbridge has evolved into a leader in developing advanced nuclear fuel technologies and in providing advisory services to developing and existing nuclear energy programs that meet the highest international standards of safety, non-proliferation, and transparency.
Mr. Grae is a member of the Civil Nuclear Trade Advisory Committee (CINTAC) to the U.S. Secretary of Commerce and is Chair of the CINTAC’s Fuel Cycle subcommittee. Mr. Grae is a member of the Nuclear Energy Institute's (NEI) Suppliers Advisory Committee. He is a member of the Dean’s Advisory Council of the Washington College of Law at America University. Mr. Grae has served as Vice Chair of the Governing Board of the Bulletin of the Atomic Scientists and as a member of the Board of Directors of the Lawyers Alliance for World Security.
This is a typical "story" stock without a snowball's chance in hell of a profit ... EVER. Bud must spend his entire day looking for pro-nuke articles. What a waste of precious time.
My friend it's not about receivables. Nobody cares about a consulting business that makes no sense. Even LTBR has abandoned this. The only thing they have is a dream based on technology that makes no sense. Watch what happens Feb 29th. The date will come and go with nothing substantive announced. This is why Seth is going to Monaco of all places. He is looking for more suckers like Bud and Jimlam the moron. This is also why he announced another "partnership" as Areva has no interest in his junk. Listen, the only one with any real knowledge is Jim Malone. How many shares has Jim Malone purchase? 0. That's right. The stock is down like 90% over a 3 year period and Mr. Malone has bought a grand total of 0. What does this tell you about their future? Moreover, Ambassador Graham expressed his confidence by buying 2,000 dollars worth of stock. Yet, Broke Bud will cut and paste every article he can find tangentially related to nuclear he can find. He's been touting this #$%$ since it was 1.70 or higher.
LTBR needs to go to Monaco to attend an investor conference? Who is paying for that? Oh I know! Jimlam the idiot and broke Bud! On the next CC someone should ask Seth when he's finished talking about all the progress he has made who is paying for this trip. But we all know LTBR has been Seth's piggy bank since inception. It's not about fuel rods or proliferation. It's about Seth having somewhere to go in the morning and something to do. Here is a typical day at LTBR: Seth comes in says "hello" to the secretary he shares with 2 other companies on the same floor. He goes into his office and reads the Washington Post. Afterwards, he googles his name. He likes seeing his name flashing. He stares at his images on the net and wonders if anyone notices his hair plugs. Around noon Tom comes by. They discuss what they might be having for lunch. Tom has grown tired of tuna fish. Notwithstanding his heart condition he aches for a cheeseburger delux with a side of onion rings. Seth asks: Will Andrey be joining us? Tom tells him Andrey is at the gym but maybe later. The phone invariably rings. It's Seth's wife. She is a nice Phillipine lady he purchased on the net. She suspects Seth is unemployed as she never found him particularly bright despite his rants about fuel rods and nuclear ener
I agree with you, CNCEd. The balance sheet says it all. Net receivables less than half a million bucks and WORSE than 2 years ago? This dog won't hunt.
Still here all day, every day like a true fanboy eh Bud? The company's net receivables are still way, way under a million bucks. No matter how many essays you write here this company's pps will stay mired right around its current level.
The trade delegation to the United Arab Emirates—joined by a 10-member group of state lawmakers from the National Conference of State Legislatures—learned about the potential opportunities available to U.S. suppliers at the Barakah site, where four South Korean reactors are being built. The delegation received a tour of the site and learned about plans for another four reactors there.
The U.A.E.’s Federal Authority for Nuclear Regulation (FANR) shared details about its license application review of the first two reactors at the Barakah site and other insights with the trade delegation.
“As I live and work in a U.S. state with nuclear power, I am very impressed by FANR’s efforts to establish world-class nuclear regulations to ensure the safety and security of the U.A.E.’s nuclear energy program,” said Tim Moore, speaker of the North Carolina House of Representatives.
When completed, the four reactors at Barakah will have a combined generating capacity of approximately 5,600 megawatts and supply nearly one-quarter of the U.A.E.’s electricity demand.
The mission was jointly organized by NEI and the U.S.-U.A.E. Business council.
Thanks to Lightbridge for their initiative in establishing the U.A.E.'s nuclear program.