As for reprocessing, storage is in competition with newly mined fuel. As mining becomes more expensive or nuclear demand increases, there's greater impetus to recycle more fuel. Conversely, if there's fewer plants consuming the fuel or more mines opening, recycling projects die.
The more plants close, the less waste you're gonna get reprocessed.
Russia already has 40,000 nukes, they're not a proliferation risk.
"Russia already has 40,000 nukes, they're not a proliferation risk."
That's true.
In response to your mining argument:
"The known uranium resources represent a higher level of assured resources than is normal for most minerals. Further exploration and higher prices will certainly, on the basis of present geological knowledge, yield further resources as present ones are used up. There was very little uranium exploration between 1985 and 2005, so the significant increase in exploration effort that we are now seeing could readily double the known economic resources. On the basis of analogies with other metal minerals, a doubling of price from price levels in 2007 could be expected to create about a tenfold increase in measured resources, over time."
So there's enough cheap enough utanium to go around and no need for the industry to recycle spent fuel.
So there's enough cheap enough utanium to go around and no need for the industry to recycle spent fuel.
That is where the supply and demand equation is right now. When the supply was lower before the 90s, the equation favored recycling, and if we build more plants to drive up price, it will favor it again.
Do you have any sourced to back up this claim? Because as I read the cited article the minable uranium supply is far greater than the demand now and in the foreseeable future.
As for reprocessing, storage is in competition with newly mined fuel. As mining becomes more expensive or nuclear demand increases, there's greater impetus to recycle more fuel. Conversely, if there's fewer plants consuming the fuel or more mines opening, recycling projects die.
The more plants close, the less waste you're gonna get reprocessed.
Russia already has 40,000 nukes, they're not a proliferation risk.
That's true.
In response to your mining argument:
"The known uranium resources represent a higher level of assured resources than is normal for most minerals. Further exploration and higher prices will certainly, on the basis of present geological knowledge, yield further resources as present ones are used up. There was very little uranium exploration between 1985 and 2005, so the significant increase in exploration effort that we are now seeing could readily double the known economic resources. On the basis of analogies with other metal minerals, a doubling of price from price levels in 2007 could be expected to create about a tenfold increase in measured resources, over time."
So there's enough cheap enough utanium to go around and no need for the industry to recycle spent fuel.
That is where the supply and demand equation is right now. When the supply was lower before the 90s, the equation favored recycling, and if we build more plants to drive up price, it will favor it again.
Do you have any sourced to back up this claim? Because as I read the cited article the minable uranium supply is far greater than the demand now and in the foreseeable future.