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Politics : Rat's Nest - Chronicles of Collapse
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To: Wharf Rat who wrote (8929)2/19/2009 11:13:53 AM
From: Wharf Rat  Read Replies (1) of 24213
 
How Long Before Uranium Shortages?
Posted by Gail the Actuary on February 19, 2009 - 9:16am


There is a great deal of controversy about how much uranium will be available for future use. I decided to check to see for myself, and came to the conclusion that we are likely headed for problems within the next ten years. Below the fold are a few things I discovered, in looking through reports available on the Internet....
The Energy Watch Group is not the only one who has looked at the question of the adequacy of uranium resources. The International Atomic Energy Agency issued a study in 2001 called Analysis of Uranium Supply to 2050. Its analysis also shows a peak and decline of uranium supply, with a peak occurring in 2024, assuming all resources, including the highest cost resources, can be extracted. If only lower cost resources can be extracted, the peak will be sooner....

The World Nuclear Association (with the above faith-based statements) also published a report for £375.00 called The global nuclear fuel market: supply and demand 2007-2030. I do not have a copy of this report, but according to the EIA Energy Outlook 2008, WNA is forecasting that world uranium production will peak in 2015, before slowly declining to 90% of its peak level in 2030. It is strange that the report I quoted above, available on their website, fails to mention this.

theoildrum.com
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