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A sample of thorium. Thorium-based nuclear power generation is fueled primarily by the nuclear fission of the isotope uranium-233 produced from the fertile element thorium.A thorium fuel cycle can offer several potential advantages over a uranium fuel cycle [Note 1] —including the much greater abundance of thorium found on Earth, superior physical and nuclear fuel properties, and reduced ...
The cost of raw uranium contributes about $0.0015/kWh to the cost of nuclear electricity, while in breeder reactors the uranium cost falls to $0.000015/kWh. [54] Nuclear plants require fissile fuel. Generally, the fuel used is uranium, although other materials may be used (See MOX fuel).
The thorium fuel cycle is a nuclear fuel cycle that uses an isotope of thorium, 232. Th. , as the fertile material. In the reactor, 232. Th. is transmuted into the fissile artificial uranium isotope 233. U. which is the nuclear fuel. Unlike natural uranium, natural thorium contains only trace amounts of fissile material (such as 231.
Uranium from mining is used almost entirely as fuel for nuclear power plants. Following the 2011 Fukushima nuclear disaster, the global uranium market remains depressed, with the uranium price falling more than 50%, declining share values, and reduced profitability of uranium producers since March 2011. As a result, uranium companies worldwide ...
Uranium prices shot up to 2007 levels this month, sitting above $106 per pound. Uranium-related stocks have also been on fire. Shares of Canadian giant Cameco ( CCJ ) have gained 83% over the past ...
A pebble-bed power plant combines a gas-cooled core [5] and a novel fuel packaging. [6]The uranium, thorium or plutonium nuclear fuels are in the form of a ceramic (usually oxides or carbides) contained within spherical pebbles a little smaller than the size of a tennis ball and made of pyrolytic graphite, which acts as the primary neutron moderator.
Comparison of annual fuel requirements and waste products of a 1 GW uranium-fueled LWR and 1 GW thorium-fueled LFTR power plant. [58] Thorium abundance. A LFTR breeds thorium into uranium-233 fuel. The Earth's crust contains about three to four times as much thorium as U-238 (thorium is about as abundant as lead). It is a byproduct of rare ...
The gas-cooled fast reactor (GFR) system is a nuclear reactor design which is currently in development. Classed as a Generation IV reactor, it features a fast-neutron spectrum and closed fuel cycle for efficient conversion of fertile uranium and management of actinides. The reference reactor design is a helium - cooled system operating with an ...