Results for tag: "Thorium Fuel Cycle"

The Thorium Fuel Cycle is a nuclear fuel cycle that utilizes thorium as a nuclear fuel. Thorium is a naturally occurring, slightly radioactive metal that can be used to produce nuclear energy. In the Thorium Fuel Cycle, thorium is used as a fertile material, which is then converted into fissile uranium-233 through a process of neutron irradiation. This uranium-233 can then be used as a nuclear fuel in a nuclear reactor. The Thorium Fuel Cycle has been proposed as an alternative to the traditional uranium-based nuclear fuel cycle. It has the potential to reduce the amount of nuclear waste produced, as well as to increase the efficiency of nuclear power plants. Additionally, thorium is more abundant than uranium, making it a more cost-effective fuel source. Despite its potential advantages, the Thorium Fuel Cycle has yet to be widely adopted. This is due to the fact that it requires significant technological development and investment in order to be implemented. Companies in the Thorium Fuel Cycle market include Thor Energy, Lightbridge Corporation, and ThorCon International. Show Less Read more