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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Iraq needs half a budget to build nuclear plants.. But: How can the reactors save their money by the

    Rocky
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    Iraq needs half a budget to build nuclear plants.. But: How can the reactors save their money by the Empty Iraq needs half a budget to build nuclear plants.. But: How can the reactors save their money by the

    Post by Rocky Tue 15 Jun 2021, 8:00 am


    [size=30]Iraq needs half a budget to build nuclear plants.. But: How can the reactors save their money by themselves in just 5 years?

    2021-06-15
    [/size]
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    Yes Iraq: Baghdad

    40 billion dollars, this is what Iraq needs to build the 8 nuclear plants on which the bet is largely located to save Iraq from the critical year or “big dilemma” in 2030 with regard to the electricity sector.
    The British newspaper The Times said that "Iraq is planning to build 8 nuclear reactors, which may be Russian-made, in a plan costing 40 billion US dollars to overcome the problem of power outages that led to civil unrest."
    And the newspaper pointed out in its report that “Iraq owns 8.4% of the world’s oil, which is the fifth largest oil reserves in the world, but dilapidated infrastructure, corruption and mismanagement, and the extremely high use of electricity in the summer for air conditioning purposes; All of these factors contributed to the frequent power outages in the country, while Iraq is witnessing a large gap between supply and demand, which was exacerbated in December of last year 2020, when Iran reduced its gas exports to Iraq due to unpaid bills.
     
     
    The year of the “big dilemma”
    The Iraqi government estimates that the demand for energy will rise by 50% by 2030, and the head of the Iraqi Radioactive Resources Regulatory Commission Kamal Hussein Latif - in statements to the US agency “Bloomberg” - believes that without nuclear energy the country will be “in big trouble.”
    The newspaper pointed out that the total output of the reactors that the Iraqi government plans to establish is estimated at about 11 gigawatts.
    The Times reported that the project is expected to cost about $40 billion, and that the Iraqi government is seeking external partners to finance the project through loans that it will pay over 20 years, and has held talks on cooperation with France, the United States, Russia and South Korea.
     
     
    Iraq can save money in 5 years
    By adopting nuclear energy, Iraq will be more able to export its oil instead of burning it to operate the stations, as Iraq burns about a quarter of a million barrels per day to operate its electrical stations, which represents about $15 million per day or more than $5 billion annually.
    In addition, Iraq spends more than 2 billion dollars annually on gas imported from Iran, in addition to the gas that it invests and produces locally, which if its use and export is stopped, will enter Iraq approximately 2 billion dollars annually as well.
    On this basis, the operation of nuclear plants in Iraq will save more than 8 billion dollars annually for Iraq, which it burns and spends by burning its invested gas and a quarter of a million barrels of oil and importing Iranian gas to operate the plants. billion dollars, in just 5 years.
     
    The head of the Radioactive Sources Control Commission, Kamal Abdul Latif, considers that “producing electricity with nuclear energy will have a double benefit, because Iraq is one of the oil and gas exporting countries, and it consumes a part of it estimated at 7% of the annual production of oil, and fuel costs are estimated at more than of $5 billion annually, representing more than 7% of the national income.
    And Latif stated that "if it is estimated that we replace nuclear energy with energy resulting from burning oil and gas, even by 25%, this will reduce the waste and depletion of the state budget very significantly.
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