nuclear-news

Thorium nuclear reactors 50 years away, if ever

Technology transitions always happen faster than the conventional market predicts PV MAGAZINE 14. NOVEMBER 2011 BY:  RAY WILLS  “……Some bang on about nuclear – yes, China, in raw numbers, is planning a lot – but the country is comparatively modest in the scale of things: it is planning 70 GW of nuclear by 2020, but 200 GW of renewables, also by 2020! Also, a decision hasn’t been announced over what is being done post-Fukushima, but the analysts expect the country to proceed at a more modest scale. The 12th five-year plan was released post-Fukushima and it was in that that China increased its renewables target on solar from one GW to 10 GW by 2015,…

Thorium is the latest suggestion from those attempting to distract us from renewables as the solution, but according to those in the nuclear research arena, thorium realistically is at least 50 years away from being realized. Nevertheless, I note India talking about building a 300 megawatt (MW) prototype – it’s being played up in some parts of the press – but when you look at the detail, the proponents note, “if all goes to plan, the […] reactor could be operational by the end of the decade”. That’s just a prototype. My view is that by 2025, the game will be over, we will have solved intermittency through storage, and electricity from solar will be cheaper than coal. I don’t believe I’m dreaming, simply looking at technology shifts and the capacity for rapid technology shifts in the past – go back 100 years ago and tell the buggy and whip manufacturers they will soon be out of business and imagine the response.
http://www.pv-magazine.com/opinion-analysis/blogdetails/beitrag/technology-transitions-always-happen-faster-than-the-conventional-market-predicts_100004940/

November 15, 2011 - Posted by Christina Macpherson | 2 WORLD, business and costs, technology, Uranium