Monday, January 26, 2009

How Long Will The World's Uranium Supplies Last?

YELLOWCAKE: There should be enough uranium to fuel the world's current fleet for more than 200 years. Courtesy of Cameco Corporation

From Scientific American:

How long will global uranium deposits fuel the world's nuclear reactors at present consumption rates?

Steve Fetter, dean of the University of Maryland's School of Public Policy, supplies an answer:
If the Nuclear Energy Agency (NEA) has accurately estimated the planet's economically accessible uranium resources, reactors could run more than 200 years at current rates of consumption.

Most of the 2.8 trillion kilowatt-hours of electricity generated worldwide from nuclear power every year is produced in light-water reactors (LWRs) using low-enriched uranium (LEU) fuel. About 10 metric tons of natural uranium go into producing a metric ton of LEU, which can then be used to generate about 400 million kilowatt-hours of electricity, so present-day reactors require about 70,000 metric tons of natural uranium a year.

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