«If we have technology to capture uranium from seawater, we can ensure that an essentially unlimited supply of the element becomes available
if uranium prices go up in the future,» Schneider said.
Therefore, even
if uranium prices doubled or more, the impact on electricity prices would be minimal.
Not exact matches
Hard rock deposits by and large are not economic at current spot (or term)
uranium prices, so
if you see
uranium at $ 75 or $ 80 per pound in the coming years (I don't), purchasing shares in hard rock
uranium development companies could lead to gains.
And that you don't run out of
uranium, that is you don» peak your fuel
price, so
if you say to the whole world, «Hey, let's all use these things you don't mess up your economics»cause of a
uranium shortage.
V.B.
Price speaks with the Paul Robinson, Research Director at the Southwest Research and Information Center, about the legacy of
uranium mining in New Mexico, how the
uranium market works and who suffers
if there's another boom.
Floor
price: A
price specified in a market -
price contract as the lowest purchase
price of the
uranium, even
if the market
price falls below the specified
price.
They speculate that there is a lot of
uranium ore still waiting to be discovered, however,
if prices were to rise.
If the
price of
uranium increases, the reserves are much larger.
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.
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.