The Uranium Production Cost Study complements UxC's Uranium Market Outlook (UMO) and Uranium Supplier's Annual (USA) in identifying where expanded and new uranium supply will come from among 116 worldwide projects to meet future
nuclear fuel demand through 2030.
Not exact matches
It is a possible
fuel for
nuclear fusion that could solve energy
demand on Earth for 10,000 years, at least.
The country has a
demanding industrial sector that needs a large and stable electricity supply, and some doubted that this could be achieved in the long term without retaining
nuclear or large fossil
fuel plants.
Meeting coal
demand in Japan Indonesian coal is also expected to help
fuel a surge in fossil power generation in Japan after that country shuttered its
nuclear plants in the wake of the Fukushima Daiichi
nuclear reactor meltdown in 2011.
With 436 reactors worldwide consuming 65,000 metric tons (one metric ton equals 1.1 U.S. tons) of enriched uranium per year,
demand for this
nuclear reactor
fuel outstrips available supply, which has caused uranium prices to jump from a low of $ 10 per pound a few years ago to more than $ 130 per pound in 2007 and still more than $ 50 per pound today.
For each sector, they then analyzed the current amount and source of the
fuel consumed — coal, oil, gas,
nuclear, renewables — and calculated the
fuel demands if all
fuel usage were replaced with electricity.
To reduce the
demand for storage space, a sustainable
nuclear fuel cycle would separate the short - lived, high - heat - producing fission products, particularly cesium 137 and strontium 90.
And when there is more
demand on
nuclear fuel?
For example, if
nuclear is providing 20 % of electric generation, it can be run at steady baseline, maximizing
fuel efficiency, while all the other variable
demand can be met with solar and wind based power that has been fed into storage systems during the peak periods.
From a global perspective, we are faced with daunting challenges as documented in World Resources, 1996 - 97: the accelerating confluence of population expansion, increased
demand for energy, food, clean drinking water, adequate housing, the destructive environmental effects of pollution from fossil
fuels and
nuclear waste, plus the growing divergence between the haves and have - nots and the potential for ensuing conflicts.
With wind forecasting, changes in wind energy output are factored into grid operations much like variations in
demand — both change over a matter of 30 minutes or even hours (not a matter of seconds, such as when fossil -
fuelled or
nuclear plants experience an unexpected outage, or a tree falls on a transmission line).
To be viable solar generation plus transmission plus storage would have to provide reliable power on
demand, 24/367 and the total costs would have to be cheaper than fossil
fuels and
nuclear.
Historically, coal and
nuclear generation units supplied most of the baseload power
demand in the United States partly because of their low
fuel - related operating costs.
If we continue to allow
nuclear plants to close, then we will cede
nuclear energy globally to Russia and China and allow future energy
demand to be met by fossil
fuels.
Meanwhile, low - carbon sources — in which the IEA includes
nuclear and fossil
fuels with carbon capture and storage (CCS)-- would more than triple to encompass 70 % of worldwide energy
demand in 2050.
Even if
nuclear retirements in Germany and Japan weaken
demand for raw materials and depress
fuel costs, significant measures will still need to be taken to keep
nuclear power online.
«The annual - only requirement prefers baseload
fuel - burning resources, including coal and
nuclear as well as gas, over cheaper resources like renewables and
demand response,» said Jennifer Chen of the Natural Resources Defense Council.
It remains one of the greatest ironies of the environmental movement that those most concerned with global warming, like Ms. Collard, are opposed to
nuclear energy, the only non-greenhouse gas - emitting power source that can effectively replace fossil
fuels while satisfying Canada's growing
demand for energy.
It's twofold: No. 1, solar and wind power can not meet the world's voracious
demand for energy, especially given the projected needs of emerging economies like India and China, and No. 2,
nuclear power is our best hope to get off of fossil
fuels, which are primarily responsible for the heat - trapping gases cooking the planet.
Simply put, there's no realistic way of eliminating fossil
fuels as quickly as science
demands without maintaining or increasing our
nuclear fleet.
As for how to meet increasing
demand for electricity without using more fossil
fuels, I think
nuclear fission is the only currently viable option.
Solar can't produce electricity at night, but as we've seen in Germany and Australia it doesn't take a lot of solar capacity to start pushing down electricty prices during the day and that is very bad for the economics of
nuclear power as it's a high capital cost, low
fuel cost source of energy and reducing output during periods of low
demand doesn't do much to reduce costs.
Owing to their high capital cost, low
fuel cost, and high capacity factors, technologies such as coal and
nuclear were designed to operate continuously to meet the base - load
demand component.
Concerns about pollution, climate change, and the finite nature of fossil
fuel and
nuclear power resources have led to
demand for and development of energy from renewable resources.
Refueling and maintenance outages for
nuclear units (as well as fossil -
fueled units) typically occur in the spring and fall «shoulder» seasons when
demand for electricity is generally lower.
Solar and wind can not produce power on
demand like either
nuclear and fossil
fuels.
... I can picture a scenario where solar, wind, and
nuclear are all growing (and maybe C seque - stration, and maybe H is stripped from what would have been gasoline and some other
fuels, whose supply is driven by
demand for other petroleum products).
It shows
fuel shares of total world energy supply, including the contribution of fossil sources (oil, coal and gas),
nuclear power (providing for about 16 % of global electricity
demand and 6.5 % of all energy use) and renewables (13 % of total energy).
This
demand is likely to be met by increasing use of fossil
fuels along with other sources, such as
nuclear and renewable.»