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Thorium Power & the Future of Energy

Thorium Power & the Future of Energy. Richard Martin CREA Energy Innovations Summit October 27, 2014. The Discovery of Thorium. & yes, it’s named for …. The Shadow Element. The Norse God of Thunder. Why Nuclear Power?. The ‘Nuclear Renaissance’ is underway -- just not in the U.S.

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Thorium Power & the Future of Energy

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  1. Thorium Power & the Future of Energy Richard Martin CREA Energy Innovations Summit October 27, 2014

  2. The Discovery of Thorium

  3. & yes, it’s named for … The Shadow Element

  4. The Norse God of Thunder

  5. Why Nuclear Power? The ‘Nuclear Renaissance’ is underway -- just not in the U.S.

  6. The Problem 76% rise in electricity demand by 2030

  7. The Problem 2 Renewables/energy efficiency will not be enough

  8. The NRC just licensed 1st reactor in 34 years – based on 30 year-old technology The Dream that Failed

  9. The Wrong Fuel

  10. And, ah yes….

  11. The Green Nuke

  12. The Magic of Transmutation

  13. Alvin Weinberg & the First Nuclear Era

  14. "We nuclear people have made a Faustian bargain with society. On the one hand, we offer an inexhaustible source of energy ... But the price that we demand of society for this magical source is both a vigilance and a longevity of our social institutions that we are quite unaccustomed to." The Faustian Bargain

  15. The Molten Salt Reactor Weinberg’s Solution

  16. A New Machine

  17. $8B spent & never a spade turned The Clinch River Mirage

  18. Technology Lock-In

  19. The Thorium Revival

  20. National Programs

  21. The Program Build a prototype LFTR within five years Commercialize LFTRs starting in 2020 LFTRs on line sufficient to supply half of US electricity demand by 2050 500 GW, or 500,000 MW, of clean, low-cost energy by 2050

  22. The Program 2 500 thousand-megawatt nuclear plants, or 2000 250MW LFTRs 20 new plants/year 2020-2050, or 80 LFTRs/year Four manufacturing plants, each producing 20 reactors/5 plants a year

  23. How Much Will It Cost?

  24. The Second Nuclear Era 500 GW of clean, safe, cheap power by 2050

  25. The Book www.superfuelbook.com

  26. Questions?

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