249 comments on How Long Before Uranium Shortages?
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GAIA Host Collective
Hello Gail, This is a comment similar to the one posted on Ugo’s report. He made no response.
http://www.theoildrum.com/node/4558#comment-413193
At what price does uranium become expensive?
If all our electricity was made with coal, a years supply of coal (14,200 lb) cost $218 in 2005 and is much higher now and climbing. A year’s supply of natural gas (115,000 cubic feet) cost $850 in 2005.
To make all U.S. electricity with current reactor designs, we only need 0.72 pounds / year / person.
For uranium to match the price of coal or natural gas, using current reactor technology, the uranium price would be $303 or $1,180 dollars per pound respectively.
Using breeder reactors we need 0.35 pounds / 80 year lifetime.
For uranium to match the price of coal or natural gas using breeder reactors, the uranium price would be $51,500 or $194,000 dollars per pound respectively.
The average American paid $1,100 for electricity in 2005. Uranium cost is a small fraction of what we pay for nuclear electricity, about 0.2 cents per kWh. Uranium price spikes have little effect on our bill.
These numbers come from this paper
http://coal2nuclear.com/energy_facts.htm
Reports in the 1970’s estimated the cost of extracting uranium from sea water at $1,500 to $2,000 per pound. R&D has reduced that to less than $150 per pound, of uranium.
http://www.taka.jaea.go.jp/eimr_div/j637/theme3%20sea_e.html
http://jolisfukyu.tokai-sc.jaea.go.jp/fukyu/mirai-en/2006/4_5.html
The oceans contain 4.6 billion tons of uranium, half of which is sufficient to support 10 billion people at the U.S. level for 400 years using first generation reactors and over 30,000 years with breeders. In reality the oceans are continuously supplied with uranium by the erosion of land, so the uranium supply is effectively unlimited.
We do not need breeders for a long time but we should move forward with breeder R&D to reduce mining and waste volumes.
Why are there no sea water uranium extraction plants?
Historically price has been under $60 / pound with a few big spikes.
http://www.uxc.com/review/uxc_g_hist-price.html
http://www.uxc.com/review/uxc_g_2yr-price.html
U3O8 is 85% uranium by weight.
Would you bet your life savings on uranium staying above $150 / lb? I don’t think so, and neither do professional investors, however if sea water technology keeps improving the cost may drop enough to make it happen sooner than most people think.
Sea water uranium is very important because it puts a cap of $150/pound on the maximum sustainable cost of uranium for thousands of years.
Sea water uranium does not have to supply all of our uranium in order to cap the uranium price at $150/pound. It only has to replace the percentage of land based uranium sources that cost more than $150/pound, and that percentage is zero for the foreseeable future.
The uranium supply is effectively unlimited.
For a linkable version;
http://www.theoildrum.com/node/4558#comment-413193
"Hello Gail, This is a comment similar to the one posted on Ugo’s report. He made no response.
http://www.theoildrum.com/node/4558#comment-413193
At what price does uranium become expensive?"
In short, uranium extraction cost considered (less than 130 $/kg) is equivalent to one dollar per oil barrel, with current nuclear technology (no fast breeders or thorium breeders)
Personally I'm a huge supporter of thorium breeders based on liquid fluoride reactors technology, but we have plenty of time to develop them
It's hard to compare them. If our vehicles were all electric with batteries charged by generators run by oil, coal, gas, uranium, etc, then we could compare. We can't make bags or fertiliser out of uranium, either.
Oil (coal, gas) is used for things you can't use uranium for, and vice versa. A simple comparison of energy content isn't always helpful. If all that mattered was total energy in the source, the world would be covered with solar panels and a global electricity grid already. Other things matter.
1) You don't need oil, natural gas, coal or any other fossil fuel to make nitrogen fertilizer.
2) All you need to make nitrogen fertilizer is air, water and energy
http://peakoildebunked.blogspot.com/2007/11/314-peak-oil-and-fertilizer-...
Ammonia production based on the Casale process started at Nera Montoro in 1922/23 with a capacity of 14 tonnes per day. Synthesis gas for the ammonia converter was based on hydrogen from water electrolysis and nitrogen from the air.
http://depletedcranium.com/?p=1520
Corn based plastic used at Walmart
http://www.treehugger.com/files/2005/10/walmart_to_use.php
Again, there's a difference between what's technically possible and what's likely to happen, or accomplished most easily - or else we'd have that global supergrid of solar panels with everything electrified already.
In the particular case of the Casale process, you can just look at how all the endothermic and exothermic reactions add up to see why we don't often make synthetic gas from electrolysing water and combining with atmospheric nitrogen.
Corn-based plastic isn't exactly widespread, either.
There's a difference between what's technically possible, or possible in theory on paper, and how things turn out in practice. Which is why we can't compare uranium with fossil fuels and renewables on a simple energy-out basis. There's a lot more to it all.
Sure, whats likely to happen is we'll burn some tens of trillions of tonnes of coal as synfuels.
Whats not going to happen is the entire energy industry collapsing faster than it can restructure because all the fossil fuels disapear overnight.
"It's hard to compare them."
It' s quite simply, instead. You have to compare the thermal energy value for a kg of natural uranium and a barrel of oil, no matter which uses you do of them. Indeed, 130 $ per kg of natural uranium grossly corresponds to one $ per oil barrel. Ergo, worldwide uranium resources can't stop at a cost of less than 130 $/kg and we have almost infinite uranium reserves at a cost of x10 or x20 that cost (perfectly acceptable in terms of energy and economics), even without breedres or thorium reactors.
Of course, there is a price market point which thorium breeders (maybe still today) or fast breeders (far less likely) become more economic than once-through, low eniriched uranium, LWR technology cycle
Comparing them by energy content is as meaningful as comparing them by weight or spectral signature.
I can't chuck a chunk of uranium in a car. I can't put oil in a little radiative reactor and send it to Jupiter to power a space probe.
They're different things. Just as our vast numbers of cars couldn't run without all the millions of kilometres of roads we've put in - all that oil would be useless for transport - so too uranium is useless without reactors, converting everything to electricity, and so on.
The change is non-trivial, which is what makes a simple comparison of energy content meaningless.
The energy content per dollar's worth is meaningful in understanding governments' attitudes. I seem to recall you saying something about governmental desire for gambling revenue. Oil and natgas revenue are similarly pleasant, and governments seem to dislike seeing five dollars' worth of uranium cancelling tens of natgas royalty or tax dollars.
It would be very hard to use a TWh of heat from burning oil to make even a watt-hour's worth of uranium, starting with, say, stable zirconium and barium. But a thermal TWh worth of uranium could readily drive chemical synthesis steps that would convert water and CO2 into a fifth of a thermal TWh worth of (non-fossil oil plus oxygen), or more.
(How fire can be domesticated)
Absolutely. But energy/$ varies a lot year to year, and lots of other things are important, too.
For example, when the US was more or less self-sufficient in oil, they didn't talk much about using less; now that they supply only 1/3, they're more keen on it. They're still not doing anything, but at least they're talking about it.
It depends on the country. Here Down Under we export all of those, basically we're Asia's quarry. We don't view it as either/or, we know we can sell all that stuff.
Given a more-or-less free market, uranium doesn't compete with fossil fuels, people happily consume both. The country with the biggest nuclear generation is the US, they're also the biggest oil consumer. China has heaps of coal-fired stations, but quite a lot of nuclear, and are keen to build more of both.
"They're still not doing anything"
That's not quite fair. The US has raised the automotive fuel efficiency standard (CAFE) quite a bit, and has given it's states the right to go even further.
This is highly likely to produce a very good start on large volumes of PHEV's like the Chevy Volt in the next two years.
Sorry, you're missing the point again.
My comparison is clearly between fuels for electricity production only, that means coal, natural gas and,yes, even oil (today, 20 of 80/90 bpd are consumed worldwide for electricity production, mostly in developing countries). Last summer when oil peaked at about 150 $ per barrel, uranium price was at about 2 $ per oil barrel equivalent when gas and coal, respectively, IIRC about 100 $ and 40-50 $ per oil barrel equivalent. That clearly means it' s totally meaningless to stop exploitable uranium resources (both for energy and economics reasons) at less than 130 $/kg, that means less than one $ per oil barrel equivalent (coal, gas and even oil have or had had market prices tens times higher,at least)
For transportation and heating there are surely other solutions where nuclear can help only indirectly, for example for collective transportation electrified railways (both for goods and people) or for private transportation electric and plugin hybrids; for heating needs, moreover, high efficiency electric heat pumps or cogeneration eventually from nuclear plants themself or renewable energy sources
If the proposed method really works, someone needs to show that it can be done at scale at reasonable cost, and that it can be maintained (not wear out immediately). There are a lot of what look like good ideas, that don't work well in practice.
The oceans contain 4.6 billion tons of uranium
The problem is collecting it.
http://jolisfukyu.tokai-sc.jaea.go.jp/fukyu/mirai-en/2006/4_5.html
What collection scale are you asserting will achieve the necessary amount of uranium to sustain the world's reactors?
Sustainable Energy Without the Hot Air has a pleasantly undeceiving treatment of this in which McKay figures the mentioned scale on a per-person basis.
(How fire can be domesticated)
A per-person basis is deceiving; I want to know how many miles of collector need to be suspended in the currents of the world, how they will be suspended, how much energy it takes to make them, how much energy is required to deploy/harvest/redeploy them, and how the logistics for harvesting and redeploying them will be accomplished.
If one solar cell is 20% efficient nobody questions that a million identical solar cells will be 20% efficient. Why would it wear out immediately at large scale? If specific engineering problems show up they will be resolved as they were with early steam engines, aircraft, cars, windmills etc.
I support a demonstration facility, as we are doing with demonstration solar plants that are not economically justified, but there is no evidence that it is not feasible.
Perhaps you missed this part.
Sea water uranium does not have to supply all of our uranium in order to cap the uranium price at $150/pound. It only has to replace the percentage of land based uranium sources that cost more than $150/pound, and that percentage is zero for the foreseeable future.
Why?
Personally my eyes tend to glaze over from all the big numbers thrown around. One or two zeros more or less doesn’t seem to make much of an impression, but I understand this.
If all our electricity came from coal we would burn 1.14 million pounds of coal per 80 year lifetime (13,400 lb/yr/person) and release 2.4 million pounds of CO2 plus 200,000 of pounds of toxic solid waste.
If all our electricity came from fission using today’s technology we would need 58 pounds of uranium per lifetime, of which only about 6 pounds would actually get into a reactor, resulting in about 10 pounds of spent fuel containing 5.4 ounces of fission products.
Consider this quote;
This works out to six 60 day cycles per year. At 4g per cycle that is 24g / kg adsorbent / year. At this rate we only need 41kg of adsorbent to produce 1kg of uranium per year.
25,000 yen/kg equals $238/kg, equals $108/pound.
To make all U.S. electricity with our primitive steroidal submarine reactors, we need 0.72 pounds (330gm) of uranium / year / person.
We will need only 13.6 kg (30 pounds) of membrane per person using today’s primitive reactors.
Can you think of any way that hanging 30 pounds of adsorbent in sea water could cost more than digging up 13,400 pounds of coal each year and shipping it half way across the country?
Even if these cost estimates are off by a factor of 5 or 10 it is still cheaper than natural gas.
Using breeder reactors we need 0.35 pounds (159 gm) of uranium / 80 year lifetime. To produce all our electricity from fission at the U.S. rate using seawater uranium in breeder reactors our 0.35 pounds per lifetime will cost $37.80 / lifetime, 47 cents per year. We will need only 83g (0.18 pounds) of membrane per person
In fact the technology is so good that Leeuwen did not complete his cost estimate of sea water uranium. Consider his analysis on extracting uranium from sea water, page 57 of this October 2007 report.
http://www.stormsmith.nl/report20071013/partD.pdf
In this analysis the most recent work considered was published in 2001 by Sugo on polymer adsorption of uranium from seawater.
http://npc.sarov.ru/english/digest/132004/appendix8.html
A… He ignores the more recent 2006 report, [Confirming Cost Estimations of Uranium Collection from Seawater- Assessing High Function Metal Collectors for Seawater Uranium ]
http://jolisfukyu.tokai-sc.jaea.go.jp/fukyu/mirai-en/2006/pdf/4-5.pdf
It describes the experimental results from testing improved technology. It concludes;
“The lowest cost attainable now is 25,000 yen ($280/kg) with 4g-U/kg-adsorbent used in the sea area of Okinawa, with 18 repetition uses.”
B… The latest technology uses braided rope like adsorbents that can be deployed in single strands or long loops for continuous processing. Leeuwen prefers to analyze the older technology of the 2001 study that packs the adsorbent in metal cages that are responsible for a large fraction of the cost and weight. The study describes three techniques to deploy the cages, one is much cheaper than the other two. Leeuwen discusses the most expensive option.
He assumes that the cages will be shipped to a distant reprocessing plant, running up the transportation cost and emissions. In reality the cages would be reloaded at sea, as in the crab industry.
C… By eliminating the cages and moving the extraction process onboard the adsorbent deployment ship, the transportable product mass is reduced by a factor of a few thousand making those transportation emissions negligible.
D… Leeuwen likes big numbers. He describes a single plant that would generate 1/7 of the world’s uranium consumption.
E… After beginning his analysis of Sugo 2001 he introduces a great deal of superfluous information from old reports evaluating a different technology, for example.
“Estimates of the cost of deriving uranium from seawater range between approximately $1000 and $25000 per kg uranium.”
F…He does not complete his cost estimate of the Sugo technology, but includes the authors estimate of $280 / kg in a table with the older/higher estimates saying, “The cost estimates by Sugo et al. may be low by a factor of at least 10.”
He ignores statements by the author indicating the potential for improvement, for example.
“The calculated stoichiometric chemical uranium adsorption capacity of this adsorbent is 500 g per kg adsorbent based upon the concentration of amidoxime groups”
“It is clear from experiments that metal adsorption rate increases roughly 3-fold above 10°C.”
Most new technologies improve with time and his own table, D29, shows that the estimated cost of sea water uranium has dropped an order of magnitude in 30 years.
G… He ignores the other valuable products that could be extracted along with uranium, offsetting a portion of the cost.
H… The adsorbent concentrates the uranium from 3.3 parts per billion in seawater to 4 parts per thousand in the adsorbent, a concentration factor of 1.2 million.
On page 55 Leeuwen has a flow diagram showing 5 waste streams. He writes;
“A five-stage process with an assumed yield of 80% of each stage, would have an overall yield of 33%. If each stage has a individual yield of 70%, the overall yield would be 17%. A rough estimate of the overall yield of a five-stage extraction process, excluding the first stage (adsorption from seawater), may be in the range of 20-30%.”
Any chemical process engineer who recommends a process that throws away 70%-80% of the product AFTER concentrating it by a factor of 1.2 million would be laughed out of the building, pink slip in hand. The so called waste streams would be recycled.
I… Most importantly he does not explain that at a few hundred dollars / kg the uranium cost per kWh is lower than our cheapest fossil fuel, coal. Even at 10 times Sugo’s estimate, the cost of uranium per kWh would be about the same as natural gas, but the cost trend for natural gas is going up while that for sea water uranium is going down.
J… Gen 4 reactors will reduce uranium requirements / kWh by a factor of 60-100. Gen 4 plants using sea water cooling could extract all their fuel directly from the condenser cooling water.
Leeuwen’s strategy is to create a straw man based on irrational assumptions that will result in the desired analytical conclusion, and then applying that conclusion to all possible designs, declaring them all impractical.
"30 pounds of membrane per person"
Ok, that's about 900,000,000 pounds of membrane for the US alone, not counting new reactors;
- Where would this membrane go specifically?
- How would the infrastructure for it be built?
- What is the EROEI for the method you refer to?
- What nuclear energy company is going to do this any time soon?
Money quote:
For existing capacity, maybe. New capacity is what really matters, and this depends on what current reactor technology costs. In the US, new nuclear costs of 4-8 dollars per Watt is not competitive even at zero uranium price, compared to current coal and natural gas prices, and new coal and natural gas plant costs.
Hi Cyril,
Is this taken from a presentation? Do you have a link back to the source?
The growth in cost is amazing. We are expecting such an event as we switch to lower EROEI power sources and the energy sector grows to consume more of the economy. But it could also be rampant monetary inflation. Still, you can see EROEI at work. Low EROEI nuke had the largest jump in cost, while higher EROEI sources jumped less, as expected.