Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Japan's Chernobyl, Nuclear Power Plant Explodes, Meltdown in Progress

Politics / Environmental Issues Mar 12, 2011 - 09:21 AM GMT

By: STRATFOR

Politics

Best Financial Markets Analysis ArticleA March 12 explosion at the earthquake-damaged Fukushima Daiichi nuclear power plant in Okuma, Japan, appears to have caused a reactor meltdown.

The key piece of technology in a nuclear reactor is the control rods. Nuclear fuel generates neutrons; controlling the flow and production rate of these neutrons is what generates heat, and from the heat, electricity. Control rods absorb neutrons — the rods slide in and out of the fuel mass to regulate neutron emission, and with it, heat and electricity generation.


A meltdown occurs when the control rods fail to contain the neutron emission and the heat levels inside the reactor thus rise to a point that the fuel itself melts, generally temperatures in excess of 1,000 degrees Fahrenheit, causing uncontrolled radiation-generating reactions and making approaching the reactor incredibly hazardous. A meltdown does not necessarily mean a nuclear disaster. As long as the reactor core, which is specifically designed to contain high levels of heat, pressure and radiation, remains intact, the melted fuel can be dealt with. If the core breaches but the containment facility built around the core remains intact, the melted fuel can still be dealt with — typically entombed within specialized concrete — but the cost and difficulty of such containment increases exponentially.


However, the earthquake in Japan, in addition to damaging the ability of the control rods to regulate the fuel — and the reactor’s coolant system — appears to have damaged the containment facility, and the explosion almost certainly did. There have been reports of “white smoke,” perhaps burning concrete, coming from the scene of the explosion, indicating a containment breach and the almost certain escape of significant amounts of radiation.

At this point, events in Japan bear many similarities to the 1986 Chernobyl disaster. Reports indicate that up to 1.5 meters (4.9 feet) of the reactor fuel was exposed. The reactor fuel appears to have at least partially melted, and the subsequent explosion has shattered the walls and roof of the containment vessel — and likely the remaining useful parts of the control and coolant systems.


And so now the question is simple: Did the floor of the containment vessel crack? If not, the situation can still be salvaged by somehow re-containing the nuclear core. But if the floor has cracked, it is highly likely that the melting fuel will burn through the floor of the containment system and enter the ground. This has never happened before but has always been the nightmare scenario for a nuclear power event — in this scenario, containment goes from being merely dangerous, time consuming and expensive to nearly impossible.

Radiation exposure for the average individual is 620 millirems per year, split about evenly between manmade and natural sources. The firefighters who served at the Chernobyl plant were exposed to between 80,000 and 1.6 million millirems. The Nuclear Regulatory Commission estimates that exposure to 375,000 to 500,000 millirems would be sufficient to cause death within three months for half of those exposed. A 30-kilometer-radius (19 miles) no-go zone remains at Chernobyl to this day. Japan’s troubled reactor site is about 300 kilometers from Tokyo.

The latest report from the damaged power plant indicated that exposure rates outside the plant were at about 620 millirems per hour, though it is not clear whether that report came before or after the reactor’s containment structure exploded

By George Friedman

This analysis was just a fraction of what our Members enjoy, Click Here to start your Free Membership Trial Today! "This report is republished with permission of STRATFOR"

© Copyright 2011 Stratfor. All rights reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis.

STRATFOR Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in