Thor Energy - the Norwegian thorium initiative
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| April 2013: Thor Energy's test rig containing six thorium fuel
rods shown here as it is being installed in the IFE Halden Research
Reactor. CEO Øystein Asphjell (front left) observing closely. Photo:
T.Tandberg |
Thor Energy's technology development activities are undertaken
with the vision that thorium-based fuels will be an attractive option
for both light water reactor (LWR) operators and nuclear energy policy
makers alike.
The reasoning for thorium-MOX fuel draws on a number of key nuclear fuel cycle imperatives:
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| Thor Energy's Lise Chatwin Olsen (left), Saleem Drera and
Øystein Asphjell with the thorium fuel rig ready for testing . Photo:
T.Tandberg |
Uranium resources are secure
for a long time, but prices are likely to be substantially higher at
some point – probably after 2020. An alternative nuclear fuel will be
more attractive at this time.
- The light water reactor is here to stay as the nuclear power generating workhorse for the rest of the century.
- Fast reactors are meritorious, but have proven slow to license
and deploy. It will be at least three decades before there is a sizable
fast reactor fleet. Thorium-MOX LWR fuels can be designed to meet
actinide management or fissile conversion goals expected of fast
reactors, but without the difficulty of licensing a new reactor type.
- The absence of workable waste management strategies and
solutions will be a bottleneck in the development of nuclear energy in
numerous countries. Thorium-MOX fuel offers a credible plutonium
management option that leads to more sustainable nuclear fuel use th an
current modes of using UOX and uranium-MOX fuel.
- Thorium-MOX fuels utilize/destroy plutonium in spent nuclear
fuel (SNF) and do not require enrichment services. Some proliferation
concerns will remain, however, the use of thorium fuel will reduce these
radically.
In the long-term perspective, thorium fuels can provide avenues to improve the credentials for nuclear energy by:
- Achieving more sustainable energy generation in which mined
nuclear material is used more effectively. This draws on the possibility
for high conversion or even breeding of fissile U-233 from thorium
fuels.
- Employing fuels that generate smaller problematic waste
streams, and that can also transmute (destroy) actinide components in
current-generation thermal reactor systems.
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