a couple of interesting posts from advfn - interesting point about carbon emissions. Discuss.
Doctor Robert Hope - 17 Apr'07 - 05:00 - 24072 of 24110
True, but more so with Oil and Gas I hazard but 440 Nuclear Power Stations need supply and there are plenty being built, Uranium just accounts for 3% of total operating costs, ie it has a long, long way to go, imagine what it costs to build a nuclear Power Station and how cheap Uranium is as a Fuel comparative to Oil or Gas?
No brainer next!
Afterall if you don't like Uranium Palladium Looks a real killer in nuclear Industry with Hydrgen Absorbtion and storage properties
Ekuuleus - 17 Apr'07 - 05:25 - 24073 of 24110
Actually, no.
The amount of carbon to run a nuclear powerstation is greater than the amount to run a conventional power station.
So why bother with nuclear. Well,
1) A diversified power infrastructure derisks power supply, and is thus a bargaining chip over gas/other suppliers.
2) Specialist applications, e.g. nuclear subs, underground power production (GCHQ, admirality).
3) Isotope production, precious metals production.
Why does nuke use more carbon.
Mostly it is the mining and purification of the ore, transportation, followed by the isotope seperation of the ore. Disposal also requires further processing, and decommissioning is the icing on the cake.
Because a large part of the costs are differed, i.e. decomissioning, in the medium (20 years) term it can be cheaper whilst opperational. Its the next governments job to pay up.
These costs have a number of implications:-
Iran must be developing nuke weapons because the costs wouldn't make sense, unless they are thinking of having nuke powered subs. As they already have 3 subs, I wouldn't rule that out, and that is a massive strategic advancement that is probably giving the American president wet dreams.
Australia, whilst the current administration is nuetral, the opposition party is heavily against nuke power and may prevent mining on their territory, so ozzy based uranium stocks are very risky until after the next election.
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