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Thorium - The Future Fuel for Nuclear Energy
GlobalData, Sep 2010, Pages: 327
Thorium - The Future Fuel for Nuclear Energy
Summary
Thorium is considered to be the potential nuclear fuel to be used in nuclear power generation facilities. Thorium fuel cycle will make nuclear energy as safe and sustainable as possible. Thorium is more abundantly available than uranium in the Earth’s crust and all the thorium mined can be used as fuel in a reactor. Australia has the largest thorium reserves, and significant deposits were found in India, Norway, the US, Canada, South Africa and Brazil. Some of the major countries such as Germany, India, Japan, Russia, the UK and the US have researched thorium based fuel cycles for the past three decades. India developed the three stage nuclear power program based on the availability of abundant thorium reserves. In the near future it will use thorium based nuclear power reactors. In the US, Thermal Power Company has done intensive research and has worked on thorium-based nuclear designs. The company developed a technology where the thorium based nuclear fuels can be used in Light Water Reactors (LWRs) and other reactor designs without any major changes to the existing reactor design. This will enable nuclear power countries to make use of thorium based nuclear fuels in order to have safer and cleaner nuclear power generation. After India, the main countries involving thorium based research are the US and Russia with recent interest from Norway and Germany.
Scope
- The report discusses Thorium reserves globally and share of countries
- The viewpoint highlights the advantages of Thorium fuel
- The viewpoint analyzes Research and Development activities in Thorium based reactors and Fuel Cycle
- The viewpoint deals with plans of different countries in development of Thorium powered nuclear reactors
Reasons to buy
The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to:
- Gain understanding of Thorium reserves globally and share of different countries
- Facilitate decision making by understanding the importance of Thorium fuel in nuclear power reactors
- Understand activities of different countries in developing Thorium powered reactors and the potential opportunities in tapping new reactor technologies
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