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Uranium dependence and the proliferation problem

Journal Article · · Technol. Rev.; (United States)
OSTI ID:7218986
A 20-year ''breathing space'' of adequate uranium supplies is felt to warrant delaying breeder technology until the threat of proliferation can be met with adequate internationally controlled stockpiles and marketing. Although a shift to breeder reactors developed as concern grew over the possibility of depleted uranium reserves, U.S. policy has now reversed this trend in favor of nuclear systems with a lower risk of proliferation. A review of uranium dependence analyzes the fuel cycle, current and projected reserves, reliable enrichment services, and international effects of proliferation and market disruptions. Uranium supply forecasts are more positive now because overstated reactor buildup projections led utilities to order more fuel than they will need until the late 1980s. These surpluses of light-water reactor fuel could be stockpiled at a cost of $20 billion, felt to be a relatively modest figure in terms of the total cost of nuclear power. A stockpile able to meet demand levels could offer the security of domestic supplies with trade opportunities and would retain levels of exploration and extraction. Several strategies for managing stockpiles are possible, but international control is seen as the best way to maintain reliable prices and uniform supply policies for all nations. (DCK)
Research Organization:
Massachusetts Inst. of Tech., Cambridge
OSTI ID:
7218986
Journal Information:
Technol. Rev.; (United States), Journal Name: Technol. Rev.; (United States) Vol. 79:7; ISSN TEREA
Country of Publication:
United States
Language:
English