Chapter 956 - Power Export Agreement

Chapter 956: Power Export Agreement

Translator: Min Editor: Rainystars

Most people believed that nuclear power was cheaper than most power generation methods.

In fact, it was a misconception.

According to the survey conducted by Bloomberg New Energy Financial Consulting, the global nuclear power plant’s power generation cost averages 14 cents USD per kWh, which almost costed the same as solar power generation. Compared to the cost of 8.2 cents of land-based wind power and high-efficiency natural gas power generation, the cost of nuclear power was much higher, and even higher than thermoelectricity power generation using coal, natural gas, or oil.

Nuclear power could alleviate electricity shortages, but it would not effectively reduce electricity prices. In particular, the safety of nuclear power plants received increasing media attention. In order to prevent serious nuclear accidents such as core melting, nuclear power plants must spend more on safety maintenance, so power generation costs always trended upwards. Unless the size of the nuclear power plant increased drastically could some of the costs be saved through scale.

Under such circumstances, it was no wonder the 0.05 Ringgit Jiang Chen offered stunned the Malaysia leader. No power generation that existed in the world could reduce the cost to such a degree.

In other words, if the price of electricity could really be this cheap, there was no need for other energy sources.

If Razak learned about the actual cost for Celestial Trade, he would be even more shocked. The cost for Celestial Trade was around one-eighth of the offer. Helium-3’s proven reserves on the Moon were around one million tons and 100 tons would be enough to supply the world for one year. As for the deuterium needed for the reaction, the reserves in the ocean were even richer. As long as the refining technology is in place, the cost could be completely negligible.

The Prime Minister was completely dumbfounded by the offer.

Trying to calm his breathing, he was silent for a while before he finally spoke again.

“Can’t you build that nuclear power plant in our country?”

Razak made up his mind. Even if all the Malaysian parliament voted against the nuclear power project, he would convince those members one by one to agree to this project. It was too important for Malaysia! Not only would this affect the cost of living for the people, but the price of electricity directly affected the cost of industrial production. If the price of electricity could be reduced, more international companies would come invest!

Moreover, the annual financial subsidies made by the Malayisa government on the electricity bill could be completely removed. The hefty budget could be moved to education, medical care, and other more critical fields.

However, Jiang Chen shook his head.

“It doesn’t make any sense to build a nuclear power plant in your country. The mineral needed for the nuclear power plant comes from the Moon and it is not very convenient to transport… In short, building this nuclear power plant in space has far more advantages than building it on the surface. What’s more, in space, we don’t have to worry about nuclear accidents at all.”

Jiang Chen’s words made Razak silent again.

On the one hand, he was really convinced by Jiang Chen’s offer, but on the other hand, he was worried that this might force Malaysia local power companies to go bankrupt. Then, Malayisa would no longer be able to escape the cheap electricity supply from Celestial Trade.

Jiang Chen was not in a hurry. He leaned back on the chair leisurely, and sipped on the tea.

The tea cooled down a bit. While he enjoyed the tea, he quietly waited for Razak’s answer.

It woule be best to receive a positive answer from the prime minister. If this didn’t work, he would have to spend some time to contact Malaysian politicians and offer sufficient benefits to force the Prime Minister to compromise on the grid problem.

In addition, with his control over Future 1.0 and virtual reality networks, he could utilize many necessary means. He just needed to let the Malayisan people know that they could have enjoyed 0.05 Ringgit electricity, but because of the under-the-table transaction between the prime minister and other “black-hearted businessmen”, cheap electricity could not enter the domestic market…

Jiang Chen quietly looked at Razak and waited for him to make a decision.

After waiting for about ten minutes, the prime minister was relieved and said.

“It is no problem to build a submarine cable. It is no problem to connect the New Malayisa Special District’s grid with the Malyaisa grid. But in the first year, we are willing to import 26-30 billion kWh of electricity. The specific plan will be discussed with the National Electric Power Bureau and TNB Power Company.”

26 billion kWh was equivalent to ten percent of the annual electricity consumption of Malayisa. According to the export price of 0.05 Ringgit, the Malaysian power grid would pay 1.3 billion Ringgit in foreign exchange for a year, equivalent to 400 million XND.

As for TNB, Malaysia’s power giant, the company managed the grid of the country. Jiang Chen believed that this highly profitable agreement offered no ground for them to refuse.

Jiang Chen believed that in less than a year, TNB would shut down several high-emission power stations, and then take the initiative to ask for more.

Buy 0.05 Ringgit electricity and sell it for 0.1 Ringgit. They would basically be earning free money.

Pleased with the result, Jiang Chen left the Prime Minister’s Office. Celestial Trade Malayisa Subsidiary had already sent a convoy parked out at the door. After Jiang Chen got in the vehicle, he told the driver to send him to Hilton Hotel.

Because he had to negotiate specific contracts with the National Electric Power Bureau and TNB Power Company for submarine cables and power export, he had to temporarily change his plan, and decided to stay for one more day in Malayisa.

Going straight to the hotel counter, when he pulled out the black diamond card that Nasseta gifted him, the hotel manager immediately freed up a presidential suite for him and courteously escorted him to the door of the room.

Jiang Chen took off his formal clothes and took a shower, changed into a casual outfit, and sat on the sofa in the living room.

He opened a bottle of red wine, turned on the home theater, and randomly picked a film that he had not seen before.

Guns and blood were always the theme of Hollywood action movies, and were the most attractive to the audience. It was also Jiang Chen’s favorite genre to watch.

Without explosions, would it be called a Hollywood blockbuster?

After watching for about thirty or forty minutes, the film was just about to reach its climax as a vigilant gun battle was about to unfold. Jiang Chen was concentrating on the screen while enjoying the thrill, but the sound of the alarm rang by his ear.

Alarm bell?

Jiang Chen looked around before focusing out the window.

This alarm didn’t come from the home theater, but from outside on the street.

“What happened outside? Why are there so many alarms, there are at least six or seven police cars.”

With curiosity, Jiang Chen paused the movie, and went to the window. In front of the shopping mall half a street away, and a row of police cars with red and blue lights blocked the entrance to the mall.

Jiang Chen held a peculiar expression on his face.

What a coincidence. I was watching an action film, and there is a confrontation outside.