Current once-through nuclear power
reactors use only 1% of the potential energy available in uranium, leaving the
rest radioactively contaminated as nuclear “waste”. While the technical
challenge of geological disposal is manageable, the political challenge of
nuclear waste seriously limits the appeal of this zero-carbon and highly
scalable energy technology. Spent-fuel recycling and breeding uranium-238 into
new fissile material – known as Nuclear 2.0 – would extend already-mined
uranium resources for centuries while dramatically reducing the volume and
long-term toxicity of wastes, whose radioactivity will drop below the level of
the original uranium ore on a timescale of centuries rather millennia. This
makes geological disposal much less of a challenge (and arguably even
unnecessary) and nuclear waste a minor environmental issue compared to
hazardous wastes produced by other industries. Fourth-generation technologies,
including liquid metal-cooled fast reactors, are now being deployed
in several countries and
are offered by established nuclear engineering companies.
Author:
Sir David King is Professor and Director of Cambridge Kaspakas and Chair of the World Economic Forum Global Agenda Council on Emerging
Technologies
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