If the thorium nuclear process is perfected, could that spark another war between India and Pakistan?
A thorium boom could make a country more powerful in the world energy market than Saudi Arabia, the U.S., and Russia COMBINED. There's a LOT of thorium in Kashmir, and India and Pakistan have been fighting over control of Kashmir for decades.
Could it be that a clean, safe, cheap nuclear energy process could make the world MORE dangerous, not less?
- Vincent GLv 79 months ago
The cost of producing electricity with nuclear energy is driven by the cost of the reactor itself, not the cost of the fissile material. It would be the same problem as wanting to do taxi duty using a Rolls Royce in the context of gasoline being dirt cheap, the Rolls Royce would cost way more than the gas.
A nuclear reactor contains about $15 million worth of uranium, and each fuel rod would be used for 5 years before needing replacement, yet the reactor itself cost anywhere between $2 billion and $9 billion to build. Assume that a reactor would be operational for 50 years, so would consume about $150 million of nuclear fuel, which is less than 1/10 of the value of the power plant. Cut the price of the fissile material in half, cut it to 10% of the current value if you want, and the price of electricity would drop by less than 1%.