Jan 4, 2011

US Energy Independence by a thorium nut

The below post is about saving the death of nuclear energy through better fuel, reactor design and spent fuel management.

David Archibald's  thesis is that the rising oil price will drive inter-fuel substitution to the highest value markets, which are those transport applications that require a high-density liquid fuel with good storage characteristics – essentially diesel and jet fuel. Coal will be substituted for oil into the transport fuels market. That in turn will make it too valuable to burn for power generation, in which nuclear will substitute for coal. I (David Archibald) am a thorium nut as well as a coal-to-liquids (CTL) proponent. The nuclear industry has financed a lot of the AGW hysteria, as they saw this as the only way they could sell nuclear plants against coal. They needn't have bothered. At the current oil price and above, coal is diesel that is waiting to go through a CTL plant. At US$120 per barrel, it becomes worthwhile to close existing coal-fired power generation and replace it with nuclear, taking the hit on the capital charge of the idled coal plant.

Some people call for US energy independence but have no practical idea of how that could be achieved. Others, strangely, rail against the concept. So, here follows a plan for US energy independence by 2020. The technology exists and it is costed and affordable.

Read full post by David Archibald

More reading and presentations at:

http://www.energyfromthorium.com
http://www.popsci.com/technology/article/2010-08/thorium-reactors-could-wean-world-oil-just-five-years
Unless new breed of reactors are used 'peak uranium' will implode nuclear renaissance
Uranium Is So Last Century... Enter Thorium

You can also find out more by searching "thorium" on this site.