BELIZE NEEDS THE NEW SMALL CHINESE 100 TO 300 MEGAWATT NUCLEAR POWER PLANT - HOW TO GET IT?

BELIZE NEEDS THE NEW CHINESE 100 TO 300 MEGAWATT NUCLEAR POWER PLANT - HOW TO GET IT?


SHANGHAI -- China will start building its first large nuclear-power reactor with home-developed "fourth generation" technology in 2012-13, a senior engineer involved in developing the system said.

The Experimental Fast Reactor will have a designed annual power-generating capacity of 800 megawatts, and is due to come online around 2020, according to Xu Mi, chief engineer with the China Institute of Atomic Energy's Fast Reactor Experiment Department.

The project underscores how China is trying to take a lead in developing cutting-edge nuclear technologies at a time it is planning a massive buildup in its fleet of civil nuclear reactors. Fourth-generation technology represents an improvement over designs currently being rolled out in terms of cost, fuel efficiency and safety.

One problem China will face, even if it develops and employs more-advanced reactors, is the lack of enough uranium at home to supply them. That means that China will become increasingly reliant on imports to fuel its economy, which in turn means it is likely to intensify its buying of foreign assets -- a scenario already playing out with its other energy sources: oil, gas and coal.

China, which gets less than 2% of its power-generating capacity from its 11 nuclear reactors, plans to build dozens more reactors by 2020, bringing the sector's share to 5% of its generating capacity, or about 70,000 megawatts.

In May, China's top energy official, National Energy Administration head Zhang Guobao, said under longer-range plans China is expected to have more than 100 reactors in 20 years, matching the current level of the U.S.
[Chart photo]

The fourth-generation fast reactor, to be located in Fujian province's Sanming city, will be 51%-owned by China National Nuclear Corp., the nation's top nuclear-power developer by capacity, Mr. Xu said. The China Institute of Atomic Energy is a research unit run by CNNC.

Another Chinese company, utility China Huaneng Group, also is doing a trial of its own fourth-generation reactor, but it is designed on a much smaller scale, of around 100 megawatts.

China is already at the forefront. In March it started to build the world's first AP1000 third-generation reactor, pioneered by Westinghouse Electric Co. of the U.S., a unit of Toshiba Corp. It is located in Sanmen in Zhejiang province, and has a designed power capacity of 1,250 megawatts.

In 2007, China agreed to buy four third-generation pressurized water reactors from Westinghouse -- two in Sanmen and two in Haiyang city in Shandong province. The pact involved the transfer of AP1000 technology. China also has access to advanced French nuclear technology. France's Areva SA in November 2007 signed an €8 billion ($11.8 billion) contract to build and supply fuel for two third-generation nuclear reactors in China.

China will need to become a significant uranium importer to power all of the reactors it plans to build, Mr. Xu said.

China doesn't publish uranium output data, but CNNC said in August it aims to raise its domestic uranium output to 2,000 tons a year by 2020. Five uranium mines now operate in China, producing about 840 tons a year, according to the World Nuclear Association.

In November 2008, China's Ministry of Commerce approved Guangdong Nuclear Power Holding Co. as the second company allowed to import uranium for civil use. With an eye on future uranium needs, Guangdong Nuclear in September bid for control of Australia's uranium-exploration company Energy Metals Ltd.

CNNC next year will ship home a batch of 700 tons of the fuel from its mine in Jordan, marking a first from overseas projects it has in six countries.
—Jing Yang

This time, FORTIS should not control such a power plant supply, but should be a government corporation, or some other investment group?

OEX OPTION BUYING TRADING PRACTICE!

*** This is me trading OEX Options some 18 years ago. Been out of it for a long while and have had to re-learn everything. Takes time! The market has changed also. Back then, it cost me $150 usa to $300 usa just for commissions, versus the $20 round trip commissions of today. Don't remember, but think the SPREAD between BID and ASK prices is wider today, taking up some of that possibilities for profit. A lot of indicators take the place of bar chart reading we used to do back then as well. Though I'm finding those skills are still good and effective. Indicators are lagging and rarely useful in real time trading. The chart bar reading is better and have selected two excellent patterns for trade signals, then backed up by computer indicators, which can warn you of the trend, or potential changes.


OEX TRADING DEVELOPMENTS

Am running about one month behind schedule. Due to the difficulty in getting the internet connection out here in Hillview, in Western Belize. Finally got it. Now we can trade via the internet. To sum it up, have been paper trading and studying since June of this past summer and it is November now. Figure I'm ready and signed up for OPTION HOUSE at the CBOE exchange. This is an electronic trading platform. For the next two months plan to VIRTUAL TRADE, using their FREE trading platform. Come Monday, I will try and get into their setup and learn how to use it. Option House give you a fictitious $5000 account to practice on. Paper trading and real money OEX option trading, or the SPY trading is different when you use real money. I'm hoping the VIRTUAL trading platform will overcome the inhibitions and lag time on MARKET FILLS reality check. As you can get a slide on the prices you want to buy, or sell at. This differentiates between paper trading and real trading. Also I get real time data, so want some practice with that. I've been using BIG CHARTS, which is FREE, but half an hour or more DELAYED data. Okay for learning on, but not so good when you are trying to get FILLS for your orders.
Have given up this week on the DAY TRADING trials. I wanted .50 cents, but the market doesn't move enough to give me that. Sure, the market on a daily bar can show an 8 point OEX move for the day, but most of that is early morning orders that are very volatile occurring in 30 minutes with BUY or SELL on OPEN orders. The prices smooth out and lose the volatility by 10 a.m. The volatility and SPREAD between the bid and ask prices can run .30 cents to .80 cents, or about 2 to 3 OEX points and that has been impossible to accomplish this past week. Was reading about some guy making a $100 a day net, doing several trades a day, just going for .15 cents on the SPY index. Will probably look into the practicalities of that later. I notice last week, the best I could get on BIG CHARTS which is delayed data was .30 cents. Not likely in real time, with real money?
My POSITION trading is working well and since these run a week to three weeks, better suited for my temperament. The plan is to move into a REAL MONEY trading account January, or February. I've chosen OPTION HOUSE as my brokers here in Chicago. A missed .10 cents, or .20 cents is not critical on POSITION TRADING with the slide for bad fills, over a longer time frame, the blogs are reporting on the Chicago Board of Trade Exchange. We'll see how it all works out? I'm kind of working on the premise of attempting to trade with no losses, which requires good market timing directional skills. Think we have that now?

LIFE IN WESTERN BELIZE RETIREMENT!

**** Ray Auxillou in his third floor nursery.


SATURDAY NOVEMBER 7TH, 2009

All day Saturday, we had low cloud base, few open spots to the blue sky above, but some really beautiful painting type pictures from my third floor verandah in Hillview. Cloud formations of different colors and densities in different locations. The Yalbac hills tend to get some really colorful formations and the atmosphere was clean, washed out by rains. The green colors and variations of the surrounding hills and valleys, against the different colored cloud formations were stupendous. We have been getting night time showers for four or five days. Planted some bougainnvilla today and some other flowering bush cuttings up at the new ridge house. Doing some landscaping up there.
Got my part time fella to spend the day cleaning out the mud from my third floor nursery. Scraped all the planks of accumulated dirt and scum. Cloroxed the floor and shelves and benches. Looks great now. Cost me $28 Bz. Got to re-do my downstairs nursery as well, one of these weeks. Have a few seedlings coming up in trays. Forget what I planted? Think it was chile peppers, some lettuce, some tomatos. Our motto around here, is never do today what you can put off until tomorrow.
My terraces at the new house are springing up banana plants. Those things are growing about 4 feet in one month? I cut down some old banana plants and I put them in the bottom of the terraces for compost before filling with some truck loads of dirt. Those things shot up right through several feet of dirt and growing like crazy. Didn't even know there were any shoots in the plants when I tossed them in there. Have planted two Elephant Ear plants too, they look lovely for decorative plants and catch quickly. Put in some re-bar by the wall next to the door, to hold sum decorative creaper type ornamental. Don't know what you call it, but it is a vine with big leaves that are yellow and green. Anyway one was growing along the ground and got covered with weeds, so I cleaned it out and sort of gave it some vertical support with re-bar,I had laying around.
According to what I hear, we had tropical storms pass on both sides of Belize. We mostly got fringe belts of rain clouds. No wind to speak of up here in the foothills of the Belize Alps. Since I get a slow internet service here at home in Hillview, I haven't been to the TWIN towns central area, for over a week. Went down couple of times to Santa Elena here, below the hills here, to get hardware stuff and the odd thing from the Chinese supermarket. But most stuff I can get right on the corner, a block away, from Betty's small grocery.
The wife found one of those hub cap type grills, we liked down on the WINNIE ESTELLE when camping out in the Rio Dulce a couple of months back. Robert told me he bought his at Simon Quan's down in the port. We stopped to look there, but they had none. Lo and behold the other day, she found an identical one in THREE FLAGS the new store here in Santa Elena and she has been feeding us grilled marianated chicken breast and grilled vegetables, like egg plant, peppers and stuff from the open market stalls around the highway. Done over a two burner butane stove ( no oven ). We eat bananas every day, usually for breakfast and we have been gorging on papaya from my own trees for the last couple of months. I love diced papaya with condensed milk on it. Man, I have a lot of papaya. Our oranges are ripe too on the tree. Since we opted out of the tourist business, we have loaded coconut trees too. Used to always give guests a drinking coconut FREE, as a courtesy. Been drying some papaya seeds for planting up at the other house on the ridge a block away. Going to stick them in between the bananas soon in the two terraces. This is rainy winter season, so good time to plant. Temperatures some nights have been extremely cold, around high 60's farenheight. Shivering around here! Two shirts and sweater time, some nights, even some mornings.

-- Over six hundred articles and photos can be found on things of interest to living in Western Belize. Use GOOGLE and type in WESTERN BELIZE HAPPENINGS for news and opinions.

Giselle de la Fuente of Caye Caulker, Belize and Katy, Texas.

** Party girl when in Belize City at the college, so her mother moved her to Katy, Texas. Now, I want to see a photo of her in her new army uniform.
** Giselle in the prime of her life. This is her with sunglasses on the water taxi to Caye Caulker island from mainland Belize, Central America.
** Giselle de la Fuente on the left in the green dress.

Giselle is the granddaughter of Ray Auxillou Jr. and her mother Wendy Auxillou moved to Katy, Texas to buy a house and get her three daughters out of the party scene in the port town of Belize City during College years. Giselle finished her Associate Degree in Texas and then decided to join the National Guard program, in order to qualify for educational assistance to get her Bachelors Degree in Computer Science. At this writing of November 2nd, 2009 she is half way through basic training in Georgia with the Army. Says she is enjoying it. She graduates in her passing out parade on November 20th. Wish I could go, but family support will be there. Unfortunately air fares to the USA out of Belize are higher than air fares from the USA to Belize. Don't ask me why, I don't know? Next stop for Giselle is back to school hopefully and not Afghanistan?

Tyler Auxillou Loeper in China studying Mandarin.

** TYLER AUXILLOU LOEPER

Tyler is in China studying Mandarin. He went to high school, living with his German father in Nairobi, Kenya. His mother is Tina Auxillou, owner of Tina's Backpackers Hostel on the beachfront on the Great Barrier Island of Caye Caulker, in Belize, Central America.
His grandfather is Ray Auxillou Jr. Tyler's father is Ziegfried Loeper.
Tyler Auxillou Loeper is a USA citizen. He was also registered in Belize when he was a baby, but born in Curacao, a Dutch island in the Caribbean, who do not register foreign births.

BELIZE STUDIES NUCLEAR POWER PLANT OF 500 MEGAWATTS

*** Typical 500 megawatt nuclear power plant that Belize is contemplating installing to ensure a reliable electrical supply for the growing population.

SPAIN - Garona 500 megawatt nuclear power plant was off line in April this year 2009, for refueling. During start up, it was disconnected from the grid, while a safety valve had to be replaced. It is now working again. SPAIN has nine nuclear power plants of different sizes.
Belize does not have sufficient electricity and four hydro electric dams in the country have ruined the environment, destroyed the pristine nature of some of the tourist attractions and still lack the capacity to supply enough electrical power. A BAGASSE power plant is coming on line from the single small sugar factory. There is a private sector contributor using WARTSILLA diesel generation on a 30 year contract. Still the electrical power supply for the future is in doubt. FORTIS a Canadian company has been looking after electrical power supply mostly and all of the distribution network in a seperate company. In recent years FORTIS got embroiled with the government and people over finagling the accounts charging customers and balance sheet discrepancies that might in certain circles be called FRAUD. The newspapers were full of investigative articles. Eventually the public arguments were settled by the new PUC, or Public Utilities Commission. Up until then there had been no oversight of utility services. There are still outages, brownouts and the idea is that the Government itself is going to have to find another private investor to put in a 500 megawatt nuclear power plant. FORTIS cannot be trusted the ordinary people feel, to back any future large investments and while there is satisfaction with distribution and repair work, the future population growth need something better. What that will be nobody yet knows, as the country is bankrupt otherwise.

BELIZE ELECTRIC POWER POWER SURGE BLOWS LOTS OF COMPUTERS IN TWIN TOWNS

Comfortable computer repairman in the tropics!

BELIZE ELECTRIC POWER COMPANY THIS WEEK BURNS OUT A LOT OF COMPUTERS IN TWIN TOWNS, Western Belize THIS PAST WEEK!

One of my two computers went kaput. So I had to take it to the Computer Repair guy. He had to replace the power supply and mother board. Said it was a power surge by BEL during the night. He pointed to a pile of computers he was repairing all from the same power surge and same damage.
I explained I had a surge protector. The repair man told me, it doesn't help sometimes. The surge goes straight through and takes out the power supplies and mother boards.
Cost me $250 to have some second hand ones put in to replace my good computer gear.

Locals say they have had this problem before and BEL the power company will not pay for the damages they are causing to equipment. I have two computers right now, one cheap DELL which didn't get damaged and is used by the family for games and one for my business work communications. This is a more expensive computer and this is the one that got burned out by the BEL power surge. Hope this doesn't happen to often, I can't afford it. We get power outages all the time from the local BEL power company. Don't know why? We are just downstream from the hydro electric dam, two dozen miles. The country apparently continues to have inadequate electrical supply. Wonder what a small 500 mgwatt nucleur power plant would cost?