Forum Discussion
pianotuna
Dec 28, 2020Nomad III
How much nuclear fuel is there?
"As of 2017, identified uranium reserves recoverable at US$130/kg were 6.14 million tons (compared to 5.72 million tons in 2015). At the rate of consumption in 2017, these reserves are sufficient for slightly over 130 years of supply. The identified reserves as of 2017 recoverable at US$260/kg are 7.99 million tons (compared to 7.64 million tons in 2015)."
The problem is that the current long term prices is $78/kg.
The elephant in the room is waste storage. Some suggest using breeder technology to reprocess the fuel. But, there are few breeder reactors--and it is cheaper to mine uranium for fuel than to use this technology. Russia and China have a couple each, with one in China being the most recent.
The point is that nuclear is NOT a renewable energy source.
"As of 2017, identified uranium reserves recoverable at US$130/kg were 6.14 million tons (compared to 5.72 million tons in 2015). At the rate of consumption in 2017, these reserves are sufficient for slightly over 130 years of supply. The identified reserves as of 2017 recoverable at US$260/kg are 7.99 million tons (compared to 7.64 million tons in 2015)."
The problem is that the current long term prices is $78/kg.
The elephant in the room is waste storage. Some suggest using breeder technology to reprocess the fuel. But, there are few breeder reactors--and it is cheaper to mine uranium for fuel than to use this technology. Russia and China have a couple each, with one in China being the most recent.
The point is that nuclear is NOT a renewable energy source.
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