Skip to main content

Revisiting Uranium... Again

As many of our long-time readers know, we spend a lot of time debunking anti-nuke rhetoric here at NEI Nuclear Notes. The feeling seems to be if you repeat something often enough people will start to believe it -- and that's whether or not it has any basis in fact.

Case in point, yesterday's op-ed that appeared in the Guardian by former U.K. Environment Minister Michael Meacher claiming that global uranium production peaked in 1981 and...
As a result, about a quarter of nuclear power plants could be forced to shut down within a decade because of a lack of fuel.
Rather than launch into a detailed debunking, I'll just point you to a post put together by Ian Hore-Lacy at the World Nuclear Association. Once you pile through that, be sure to check out Clifton Farrell's take from our archives. And don't forget that joint IAEA/OECD study we posted about a couple of days back.

I'd like to think this is the last time I'm going to have to do this, but I don't think so.

UPDATE: More from Tom Benson.

Technorati tags: , , , , , , ,

Comments

J Wheeler said…
Unfortunately you are right, Eric. You will have to repeat yourself time and time again. The palybook for the antinuclear crowd hasn't changed since Ralph Nader penned it almost two decades ago, adng they keep rehashing the same old arguements.

The Australian Green and Labor parties are doing the same thing in claiming that nuclear energy is "too unsafe, too expensive, and too dangerous." I took on their arguements point by point in episode 21 of "This Week in Nuclear".

It's available at my new URL http://thisweekinnuclear.com

Keep up the good work!

John
Rowan said…
Could you please fix your link to the "World Nuclear Association" which seems to point to blogger and not an international agency link
Rowan said…
Could you please fix your link to the "World Nuclear Association" which seems to point to blogger and not an international agency link
Eric McErlain said…
The link was broken because they changed the title of the post. I've since updated the link.
Anonymous said…
Wow, I was totally pro-nuclear until I read some of these links. If the Earth only has enough known reserves of Uranium to fuel 85 years worth electricity at 2004 levels, the cost/benefit of building complex power plants with expensive fuel processing options is not so rosy. Even if unknown reserves may be nine times greater than known, as mentioned, how many decades of additional energy will be achievable, if all power plants are converted to the nuclear option. I thought we had thousands of years of fuel, not decades, or perhaps a century or two. That's a drop in the bucket when considering our time already spent here on Earth.

Popular posts from this blog

Activists' Claims Distort Facts about Advanced Reactor Design

Below is from our rapid response team . Yesterday, regional anti-nuclear organizations asked federal nuclear energy regulators to launch an investigation into what it claims are “newly identified flaws” in Westinghouse’s advanced reactor design, the AP1000. During a teleconference releasing a report on the subject, participants urged the Nuclear Regulatory Commission to suspend license reviews of proposed AP1000 reactors. In its news release, even the groups making these allegations provide conflicting information on its findings. In one instance, the groups cite “dozens of corrosion holes” at reactor vessels and in another says that eight holes have been documented. In all cases, there is another containment mechanism that would provide a barrier to radiation release. Below, we examine why these claims are unwarranted and why the AP1000 design certification process should continue as designated by the NRC. Myth: In the AP1000 reactor design, the gap between the shield bu...

What Happens During a Refueling Outage?

You may have noticed over the past few weeks that a number of nuclear plants are shut down for refueling outages or are resuming operations after just returning from one. This type of routine outage usually occurs in the spring or fall when electricity demand is low so that nuclear reactors can replace about one-third of the spent fuel rods with new fuel and conduct other routine maintenance and repairs at the plant. To get a better sense of how refueling works at a nuclear energy facility, I spoke with Marcus Nichol, NEI’s senior project manager for used fuel storage and transportation, and asked him to explain the basics. Why does a nuclear plant need to replace one-third of its fuel? Nichol: The main purpose of a refueling outage is to replace older fuel that is depleted—meaning it can no longer efficiently produce energy from nuclear fission reactions—with new fuel. This “used fuel” has typically been used in the reactor for four-and-a-half to six years before it is pe...

Nuclear Utility Moves Up in Credit Ratings, Bank is "Comfortable with Nuclear Strategy"

Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...