SO WHAT REPLACES NUCLEAR FISSION

#australianfusionenergyindustry

Using the Uranium Resources, production and Demand (Red Book) 2022, determine how much uranium resource will be available once the world trebles the number of nuclear fission plants to 1320 by 2040 in years left after 2040.

According to the Uranium Resources, Production and Demand (Red Book) 2022, the following information is relevant to your question:

Global Uranium Resources:

Identified resources (reasonably assured resources + inferred resources): 8,070,000 tonnes U

Undiscovered resources (prognosticated + speculative): 7,630,000 tonnes U

Total estimated uranium resources: 15,700,000 tonnes U

Current Global Nuclear Capacity:

As of 2021, the global nuclear power generation capacity was 439 GWe (gigawatts electric).

Projected Nuclear Capacity Increase:

The Red Book projects that the global nuclear power generation capacity could increase to 1,320 GWe by 2040, about a three-fold increase from the current capacity.

To determine the years of uranium resource availability after 2040, we need to make the following assumptions:

The uranium resource consumption rate will increase proportionally with the increase in nuclear power generation capacity.

The total estimated uranium resources (15,700,000 tonnes U) will be available for use.

Given the information above, we can calculate the following:

Current uranium consumption rate: 439 GWe / 15,700,000 tonnes U = 0.028 GWe/tonne U

Projected uranium consumption rate in 2040: 1,320 GWe / 15,700,000 tonnes U = 0.084 GWe/tonne U

The additional uranium consumption rate after 2040 will be:

0.084 GWe/tonne U - 0.028 GWe/tonne U = 0.056 GWe/tonne U

Now, we can calculate the years of uranium resource availability after 2040:

Remaining uranium resources after 2040: 15,700,000 tonnes U

Uranium consumption rate after 2040: 0.056 GWe/tonne U

Years of uranium resource availability after 2040: 15,700,000 tonnes U / 0.056 GWe/tonne U = 280 years

𝗜𝗻 𝗰𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻, 𝗯𝗮𝘀𝗲𝗱 𝗼𝗻 𝘁𝗵𝗲 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗽𝗿𝗼𝘃𝗶𝗱𝗲𝗱 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗿𝗮𝗻𝗶𝘂𝗺 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀, 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗗𝗲𝗺𝗮𝗻𝗱 (𝗥𝗲𝗱 𝗕𝗼𝗼𝗸) 𝟮𝟬𝟮𝟮, 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱 𝘄𝗶𝗹𝗹 𝗵𝗮𝘃𝗲 𝗮𝗽𝗽𝗿𝗼𝘅𝗶𝗺𝗮𝘁𝗲𝗹𝘆 𝟮𝟴𝟬 𝘆𝗲𝗮𝗿𝘀 𝗼𝗳 𝘂𝗿𝗮𝗻𝗶𝘂𝗺 𝗿𝗲𝘀𝗼𝘂𝗿𝗰𝗲 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗳𝘁𝗲𝗿 𝟮𝟬𝟰𝟬, 𝗼𝗻𝗰𝗲 𝘁𝗵𝗲 𝗻𝘂𝗺𝗯𝗲𝗿 𝗼𝗳 𝗻𝘂𝗰𝗹𝗲𝗮𝗿 𝗳𝗶𝘀𝘀𝗶𝗼𝗻 𝗽𝗹𝗮𝗻𝘁𝘀 𝗶𝘀 𝘁𝗿𝗶𝗽𝗹𝗲𝗱 𝘁𝗼 𝟭,𝟯𝟮𝟬 𝗯𝘆 𝟮𝟬𝟰𝟬.

The first industrial revolution started 264 years ago. This gives the world 26 years to find a solution before the world goes dark.