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The failure of nuclear reprocessing and the “Plutonium Economy”

Paul Richards The Plutonium Economy failed.  nuclear fuel cycle watch australia, 25 Oct 19

No one on the planet has been able to run unspent nuclear fuel through twice, and make it economically viable, let alone the countless times needed to make it ecologically viable.

It costs more to run unspent fuel through once more than to

• mine uranium,
• process for shipping
• process into yellowcake
• make into rods
• ship rods onsite to reactors

There is little to NO CHANCE of doing that again, and again.

Business history shows this wasn’t possible when;

• uranium was at its peak in price in 1980

2019, about to enter the third decade of the 21C, where commodities exchanges show nuclear fuel it is;

• LOWEST PRICE than in all of economic history,

and yet it still can’t compete with any other energy sources.

Nuclear apologists are a joke, delusional.

The nuclear sales executives of the nuclear estate have been busy rebranding, white and greenwashing their product is ever since Ronald Reagan announced The Plutonium Economy failed.

In point of fact, carbon fuel, gas spinning a turbine, has been producing cheaper energy fully levelized for three decades than any nuclear reactor.

Large scale

• solar PV and
• on-offshore wind turbines
• reached PARITY with
• carbon fuel NATURAL GAS

late last decade on an LCOE basis.

For this whole decade these;

• renewable systems
• fully lifecycle factored
• are cheaper than even carbon fuels
• NATURAL GAS

October 26, 2019 - Posted by | - plutonium, 2 WORLD, reprocessing

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