Andrew Mason said:
There is no shortage in the ground. There is a shortage of production, however.
World production of U is about 30,000 T per year. Consumption is about 66,000 T. That is a huge gap that is presently being filled by U stockpiles built up in the 1980s and 90s when U was very cheap, and by weapons grade fuel that is mixed down to reactor grade fuel (MOX fuel). The uranium companies are trying desperately to supply the demand, but they are having trouble. The world's richest deposit, Cigar Lake, was to come on stream in 2008 but due to serious technical problems (flooding) may be delayed several years. It may prove to be unmineable. The price of uranium is going up because of it.
So, while we may have lots of U in the ground, we are not able to get it out of the ground at a rate that will meet demand.
I would venture to guess that the production isn't higher precisely because we have U stockpiles. If there was a higher demand there would be higher production. Do you have any link that shows the uranium mines have troubble keeping up with the demand?
Andrew Mason said:
We may have 100 years of supply if the demand does not increase. But if nuclear power is to displace coal, we will need a huge increase in the number of reactors and we will quickly run into U shortages. There is not enough potential U production to meet that demand. So nuclear power, with present nuclear technology, is not a solution to the greenhouse gas/climate change problem.
Realisticly nuclear won't replace coal for a long time to come. Simply because its dirt cheap to build coal power plants and we have plenty of coal for a long time to come. Only if we start to tax the **** out of CO2 emissions will it become uneconomic and I doubt India and china would do it.
The methods to extract uranium large scale from phosphates already exist. Its just not economic to do so now. The methods to get it from seawater seems almost ready to go if if made economic sense. If the current rate of production won't be able to meet demand then prices will go up and alternatives will show up rather quickly I am willing to wager.
Andrew Mason said:
Nuclear would be much more competitive if it used 1/100th of the Uranium, produced 1/100th of the waste which had 1/100,000th of the storage costs (in terms of volume and duration), and was inherently safe to operate. One could argue that if you take all of the costs into account, nuclear energy cannot be competitive or sustainable in the medium to long term without a dramatic improvement in the technology.
When we can see the brick wall coming, why is it that we always insist on hitting it at full speed?
Right now its not more cost competitive to use breeders. We can all agree that breeders are the way of the future and very nice technology. But it won't happen until they also make economic sense. Remember that the current gen nuclear power already pay for all costs associated with the uranium. Including waste handling and storage. Uranium costs doesn't even makeup a significant part of electricity production costs today. If the uranium prices becomes 5 times as high the electricity production cost will only increase betwen 20-30%.
Andrew Mason said:
BTW, coal and gas are competitive now partly because we continue to subsidize coal prices with miners' health/lives and with our environmental capital.
Agreed. If external costs where taken into account coal and gas would be horribly expensive. Have you read the externE study? Take a look at it if you havent, its really interesting.
http://www.externe.info/
Andrew Mason said:
It isn't yet, largely due to secondary supplies from weapons stockpiles. But this will end soon. Have look at the International Atomic Energy Agency report: http://www-pub.iaea.org/MTCD/publications/PDF/Pub1104_scr.pdf" which shows that production is about 1/2 of demand and predicts shortages unless new reserves are found and production is ramped up dramatically (or unless demand is dramatically reduced).
Im going to skim through that link tomorrow, looks interesting!
Andrew Mason said:
The environmentalists have good points. Present nuclear technology is wasteful and unsustainable. The problem is that they get their goals confused. Their goal should not be to stop nuclear power - that genie is out of the bottle - but to solve the problems so that nuclear power produces no long-lived radioactive waste and cannot be used for non-peaceful purposes. If the nuclear industry and governments would understand that, and support the improvement of nuclear technology (maybe rather than pouring all their money into fusion which is at least 50 years away if it is at all possible) you might be surprised how fast the anti-nuclear movement would disappear.
Im afraid you have to much faith in the environmental organisations. Remember that they are the ones fighting breeder technology hardest. They are dead set against nuclear power and there is nothing that will change that. I have in the last 6 months gotten more and more involved with a swedish pro nuclear environment organisation and I am regulary debating with other environmentalists in newspapers. They are unresonable to the extrem. They don't care about facts or science. They have a agenda.
Look at Patric Moore, greenpace cofounder that has left greenpace and are now promoting nuclear power. In environmentalist circles, even among his old friends, he is know as "eco judas".
The nuclear industry get more money than fusion already so I don't think the investment in for instance ITER is unresonable. France alone are (according to a article I have seen) investing 11 billion euro in nuclear R&D. Twice as much as the total construction cost for iter.
Andrew Mason said:
It is not a left-right thing, really. We have had a left of centre government in Saskatchewan for all but 16 of the last 63 years and the uranium industry is very strong here. I am convinced that the environmentalists would accept nuclear energy if we were able to: mine 1/200th of the U from only high grade deposits, eliminate long-lived radioactive waste and use reactors that were inherently safe and proliferation-proof. A tall order. But Morbius has convinced me that it is quite possible.
AM
We still have to realize that we will probably build conventional nuclear power plants for 30-40 more years. The current fleet of reactors in both the UK and france are getting old and right now it doesn't seem like there is any tested, reliable and most importantly cheap breeder design that can be used. France wants a good design that they can massproduce to minimise costs. I am sure they are cautious after the superphenix failure.
IMO a few big breeders should be built. To demonstrate that they can be economic and run without problems. Politicians won't invest big money in a unproven technology when they have the reliable LWR designs.
Remember also that we are in no way wasting uranium with todays reactors. We can still put them into breeders in the future when we decide to build them. So even if we use up all cheap uranium in LWR's we will still have plenty for the breeders later. There is no rush to build them just yet. I am sure they will have there breakthrough when the economic incentive to build them appears.
We probably agree on all points, except when we should start building the breeders :-) As long as the economists have the final world we have to rely on the cheapest solution. Eventhough every technologicaly minded person would prefer to se the breeders build today not tomorrow.