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ensabah6
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And are most of the uranium supplies outside the US?
thanks
thanks
Astronuc said:The cost of uranium has increased somewhat, and most of the high-grade ores are outside the US. The US generally has low grade, with the highest grades coming from Australia and Canada.
Here are some recent data on U3O8 prices.
http://www.uic.com.au/nip36.htm
It appears spot prices have soared, but long term contracts have only risen very slightly.
An article on mining/resources
http://www.uic.com.au/nip41.htm
Astronuc said:Certainly as price of fuel increases, the profitability of nuclear energy would decrease, but I don't think it is significant at the moment. There are other costs in nuclear fuel, such as the structural materials, and then in the plants, the operation and maintenance costs, capital costs and backend (storage of nuclear fuel) costs. Interest rates pretty much drive those.
Then compare the rise in U prices with that of oil, gas and alternatives, and at the moment U looks attractive.
ensabah6,ensabah6 said:anti-nuke environmentalists claim that not only are nukes dangerous, but that they are not cost-effective, and heavily subsidized by tax payers. My earlier thread is locked, but it does offer environmentalists arguments against Nukes.
Those may be commonly used arguments, but we do not allow crackpottery here, even if just to debunk them. It attracts crackpots.ensabah6 said:anti-nuke environmentalists claim that not only are nukes dangerous, but that they are not cost-effective, and heavily subsidized by tax payers. My earlier thread is locked, but it does offer environmentalists arguments against Nukes.
"n 2002, a meltdown at Davis-Besse was avoided in the nick of time by luck, by chance, not by skill or talent on the part of the operators or the regulators."russ_watters said:Those may be commonly used arguments, but we do not allow crackpottery here, even if just to debunk them. It attracts crackpots.
Morbius said:ensabah6,
Don't believe what the anti-nuke environmentalists claim - they have a LONG track
record of misrepresentations - which is why your other thread got locked.
Nuclear power is second only to coal as the cheapest form of electrical generation.
Given that practically all the costs of nuclear power are internalized, whereas this is not
true for coal - one could argue that nuclear is the cheapest if we were to account for the
unaccounted for environmental costs of coal. For example, the costs of waste disposal
for nuclear power is paid by a tax on the nuclear utilities to pay for the cost of the
waste disposal facilities. With coal, the waste goes up the stack and the damage it
causes is not reflected in the cost of coal-fired electricity.
Another LIE by the anti-nukes is that nuclear power is subsidized. They usually point
to the cost of liability insurance that the Government provides under the
Price-Anderson Act. What the anti-nukes don't tell you is that the nuclear utilities PAY
for that coverage - it is NOT a subsidy. The nuclear utilities have to pay between
$1 Million and $5 Million per reactor per year.
It's a great deal for the Government - they take in about one-half BILLION dollars each
year - and they have yet to pay out dollar one in liability claims in one-half CENTURY
of nuclear power operation in the USA. Check out the Price-Anderson Act:
http://www.nei.org/index.asp?catnum=3&catid=595
Dr. Gregory Greenman
Physicist
There wasn't a near meltdown at Davis Besse. However, there was a potential for a loss of coolant accident (LOCA). A small leak around a nozzle in pressure vessel head allowed collant, rather high pressure steam to wear away several kgs of carbon steel. The stainless steel liner however remained intact and was sufficient to prevent rupture. The plant did come down about two months early into a refueling outage. During the refueling outage, the mandatory inspection of the vessel head revealed significant degradation of the carbon steel around two nozzles, and somewhat lesser around a third.ensabah6 said:"n 2002, a meltdown at Davis-Besse was avoided in the nick of time by luck, by chance, not by skill or talent on the part of the operators or the regulators."
ensabah6,ensabah6 said:I will thanks. Politically though it seems environmentalists have the willpower and activism to prevent the deployment of nuclear reactors. They speak of the threat of an airplane being hijacked and running into one.
ensabah6,ensabah6 said:"n 2002, a meltdown at Davis-Besse was avoided in the nick of time by luck, by chance, not by skill or talent on the part of the operators or the regulators."
I wasn't sure if to what extent the statements he alleges, such as there being a recent "near accident" would qualify.
I can respect that.
the author "Russell D. Hoffman, a computer programme" seems to be above average in intelligence. and of course it was published by CP's high standards.
The cost of uranium has increased due to several factors, including increasing demand for nuclear energy, limited supply of uranium, and geopolitical tensions in countries that are major producers of uranium.
The cost of uranium has increased by over 50% in the past few years, with prices reaching their highest point since 2014.
It is difficult to predict the future of the uranium market, but many experts believe that the cost of uranium will continue to rise due to the increasing demand for nuclear energy and limited supply.
The cost of uranium is a major factor in the profitability of the nuclear energy industry. As the cost of uranium increases, it becomes more expensive to produce nuclear energy, which can lead to higher energy prices for consumers.
The increase in the cost of uranium can be a cause for concern, as it may lead to higher costs for nuclear energy and potentially impact the global shift towards cleaner energy sources. However, it also presents opportunities for investment in alternative energy sources and technologies.