And nuclear power is just as sustainable as any other power source — even if we only use conventional nuclear fast reactor designs, there is enough uranium in the oceans and on land (recoverable at prices that allow the fuel
costs of fast reactors to remain the same as today — which is trivial) to last for 5 billlion years, the expected time remaining fo our sun.
Not exact matches
But experimental
fast reactors in the United States, the United Kingdom, Germany, and France have all been shut down because
of high
costs and concerns over handling plutonium.
Colin Gregory, director
of the
fast reactor research programme at Dounreay, says that the EFR will inevitably take longer to construct and
cost more without more time for research at Dounreay.
Britain's
fast reactor programme has been running for nearly 40 years at a total
cost of over # 4 billion.
The contribution
of uranium price to the
cost of electricity generated by
fast reactors, even if its price were the same as that
of gold at US$ 14,000 / kg, would be US$ 0.003 / kWh
of electricity generated.
It would be astounding if a technology that exists only in PowerPoint presentations — magical small,
cost - effective, fail - safe nuclear
reactors — could possibly be researched, developed, demonstrated, and then scaled up
faster than a host
of carbon - free technologies that are already commercial today.