More signs that China will lead the world in nuclear power: The country is snapping up a significant chunk of the world’s supply of uranium in part by buying mines in Africa and making deals with Canada to secure the nuclear fuel.
China is on track to build up to 100 nuclear reactors by 2030. It already has 27 of those under construction, as a path away from the polluting, CO2-emitting coal-fired plants that supply 80 percent of its electricity. The country looks likely to vault into the top position of nuclear generating nations - 100 new reactors would be nearly a quarter of the 435 nuclear power reactors that are commercially generating electricity in the world today.
Securing a supply of uranium is crucial to its - and any country’s - near-term and longer nuclear future, since uranium will for some time remain the fuel that powers nuclear reactors. And that is exactly what China is doing, with trademark aggressiveness.
Today, Chinese nuclear company China Guangdong Nuclear Power Group strengthened its recently acquired control of Namibia’s giant Husab uranium project by buying an additional 14.2 percent share of the mine’s former owner, Australia’s Extract Resources, Dow Jones is reporting.
Husab is believed to hold the world’s fourth largest uranium-only deposit. Namibia is the world’s fourth largest uranium producing country after Kazakhstan, Canada and Australia, according to i-Nuclear.
China Guangdong had within the last six weeks already acquired majority ownership of Extract and the Namibian site. It gained a large chunk on Feb. 7 when it acquired Kalahari Minerals plc, a British uranium and gold mining company that owned 43 percent of Extract.
China Guangdong and British mining giant Rio Tinto are also discussing jointly operating Husab and the vast Rossing uranium mine, according to an article last month by Bloomberg Businessweek. Rio owns Rossing, which is about 4 miles from Husab in western Namibia, about 45 miles from the coast.
The Indian website Firstpost cites China Daily notingthat China as a whole - there are many nuclear companies in China in addition to China Guangdong - ”plans to import more uranium this year and is busy scouting to buy uranium mines abroad.” China already buys 95 percent of the uranium that comes from Kazakhstan, Namibia, Australia and Uzbekistan, it says. Furthermore, Canadian Prime Minister Stephen Harper recently agreed to export more uranium to China.
Canon Bryan, CEO of Vancouver-based nuclear fuel company Thorium One, pointed out to SmartPlanet that those five countries between them produce 73.5 percent of the world’s uranium, and are all among the planet’s top seven uranium producers.
“If China is buying all their production, where do the other 29 countries with reactors get their supply from?” asks Bryan, who is also CEO of a uranium company, Vico Energy. “Note also that when China buys uranium - or when any utility buys uranium - they do not only buy enough for a few months. They typically enter into futures contracts to buy several years of supply for at least one power station.”
China’s uranium grab won’t matter as much to countries like Germany that have sworn (for now, anyway) to eventually disconnect nuclear power following the meltdowns at Fukushima in Japan a year ago. But countries including France, the UK, the U.S., India and others must keep a sharper eye than ever on uranium supply.
“Demand for uranium is rising as developing countries including China construct new nuclear power plants, coinciding with a deficit in supplies,” Bloomberg Businessweek noted. “The price of nuclear fuel may rise 15 percent to $60 a pound this year after a slump that followed the Fukushima nuclear disaster, according to the median of the five analysts surveyed by Bloomberg.”
Nuclear power countries also have another recourse: They could abandon uranium, and switch to thorium fuel, which augurs safer, less weapons prone, and more efficient nuclear reactors that do not produce the long lived and dangerous waste that uranium reactors do.
Any thorium program would require several years or more for development - although it could draw on the substantial research that took place in the 1950s and 1960s - and for regulatory approval,
But other nuclear nations need to get cracking here, too, because guess which country is squarely on the thorium advancement trail (while also building uranium reactors)? Clue: its capital is Beijing.
Photo of Rossing mine by lkiwaner. Namibia map by BlueMars. Namibia/Africa map by Alvaro1984 18. All via Wikipedia.
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The new face of safe nuclear
Kirk Sorensen believes firmly that safe nuclear power can contribute significantly to the world’s energy future – provided that reactors run on liquid thorium fuel rather than on solid uranium as they do today.
Showing the courage of his convictions, Sorensen has quietly launched his own thorium reactor company, called Flibe Energy, in Huntsville, Ala. He aims to have liquid thorium reactors operating within 5 to 8 years.
Sorensen says he wants to “redefine” nuclear, so that it deservedly takes on a clean and safe association, contrary to its long running negative place in popular opinion, as swaths of the public fear the hazards of nuclear waste and nuclear power accidents. The industry is fighting harder than ever to improve nuclear’s image after the meltdown earlier this year at Japan’s Fukushima Daiichi plant.
“After Fukushima, everybody is asking whether nuclear power can be safe,” Sorensen (pictured, below) said in an interview. His resounding answer is “yes.”
But it will take nothing less than for the industry to shift from its conventional reactor designs and from the uranium 235 fuel process on which it began to settle in the 1960s, according to Sorensen.
Instead, he says, it has to adopt a liquid thorium technology similar to what nuclear developers built in the 1960s at Oak Ridge National Laboratory in Tennessee, but that lost out (pictured above).
“In the 40s and 50s they had an expansive definition of what nuclear power was – it wasn’t just solid fuel uranium reactors,” said Sorensen, who is Flibe’s president. “But that’s what it has come to mean now.”
Thorium lost in part because it did not create lethal waste - plutonium - that could be used to make bombs the way uranium did. In the heat of the Cold War, the U.S. government and military demanded such deadly material. (Oak Ridge originated in the 1940s to support the Manhattan Project, which developed the world’s first atomic bomb).
Today, other countries including China and India are pursuing thorium nuclear projects. Sorensen believes that thorium should be the pillar of an American nuclear future, because thorium “is so fundamentally different than every other nuclear story out there right now.”
Because his thorium reactor would not produce plutonium, it would mitigate the chance of nuclear weapons proliferation and eliminate the need for utilities to bury plutonium waste.
Although thorium in some designs does produce plutonium waste, that waste is less hazardous than other mixes of plutonium waste, there’s less of it, and it decomposes much faster than conventional waste – hundreds of years rather than thousands or more, according to various thorium proponents.
And thorium-based fuel fissions much more efficiently than does uranium 235, meaning a thorium reactor requires less fuel.
That is in part because the fission cycle runs hotter than conventional uranium cycles, said Sorensen. In the Flibe design, thorium reaction temperatures rise to about 750 degrees Celsius to drive gas turbines, compared to conventional reactors, which tend to reach less than half that temperature and drive less efficient steam turbines, he said.
“The hotter you can get, the more efficiently you can turn heat into electricity,” said Sorensen.“Typical reactors today, they only get about one third conversion efficiency. We can get about half.” He also claims that in his design, thorium “isobreeds”, meaning it creates as much fissile fuel as it burns up.
For Sorensen, the key to making it happen is to deploy an unconventional reactor technology, called a Liquid Fluoride Thorium Reactor (LFTR, pronounced “lifter”). It is a type of molten salt reactor, which uses liquid salt rather than water as its coolant, akin to what Oak Ridge developed.
Flibe’s LFTR uses a liquid fluoride salt to serve both as fuel carrier and coolant. The fuel consists of thorium and uranium 233 – different from the uranium 235 used in conventional reactors. It fissions in the liquid, heats up, and passes through a heat exchanger that conveys the heat to fuel-free liquid fluoride salt that eventually drives the gas turbine.
In the event of a total power loss, a frozen plug melts, allowing the fuel to drain into a passively cooled tank where fission stops. Normally, the plug is kept frozen by an external cooling fan.
The company name, Flibe, comes from the scientific term FLiBe, an anagram and acronym for the molten salt that Sorensen uses, which consists of lithium fluoride (LiF) and beryllium fluoride (BeF2).
Another inherent safety feature of the LFTR is that it runs at normal atmospheric pressure, rather than at the 3000-psi that many conventionally cooled reactors require to keep cooling water in liquid state, Sorensen claimed.
Conventional cooling systems can also require external generators to help pump and recombine water, and those generators can fail such as at Fukushima.
Some of Sorensen’s thorium competitors advocate using thorium in conventional reactors likepressurized water reactors, using thorium in solid fuel form, not liquid. They say that would substantially lower the costs of moving to a new fuel, because it would not entail the high-priced development of new reactors.
Sorensen countered that you only get the full benefits of thorium by applying it in a LFTR type reactor.
Sorensen faces huge hurdles. His project won’t be cheap. Flibe co-founder and chief legal counsel Kirk Dorius estimates it will cost at least $1 billion to develop a modest utility-sized reactor (it’s not clear whether that would mean something around or above a gigawatt of capacity).
So Flibe is initially focusing on smaller, “modular”-sized reactors of around 20 to 30 megawatts. Dorius said even that size would cost “hundreds of millions” for “the first in kind demonstrator reactors” but that “mass production” could slash costs in half within 5 years.
He faces stiff resistance from the status quo, as the nuclear supply chain is heavily vested in solid uranium 235. Likewise, other carbon-free alternatives such as wind and solar are gaining traction.And regulators like the Nuclear Regulatory Commission in the U.S. would have to approve LFTR, which is not assured.
If anyone can pull this off, it’s Sorensen, an impassioned thorium zealot who worked as chief nuclear technologist at Huntsville-based Teledyne Brown until he left earlier this year, and who also runs a blog called EnergyFromThorium.
“It’s a challenge,” said Sorensen. “But what is the end product worth to the world? I’d say the benefit is more than compelling enough to take on the risk. If we don’t change the public’s definition of nuclear power pretty soon, it’s going to become more and more difficult to realize the great potential of nuclear energy.”
Photos:
Top: Wikimedia Commons (from U.S Federal Government)
Lower: provided by Kirk Sorensen
Meet the future of nuclear power:
8 guys in China
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