ThorEA - Towards an Alternative Nuclear Future.pdf

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Statement from IAEA “ IAEA warmly welcomes the proposed accelerator driver development programme embodied in the ThorEA project as a positive contribution to the international effort to secure the eventual global deployment of sustainable thorium-fuelled ADSR power generation systems” Alexander Stanculescu Nuclear Power Technology Development Section International Atomic Energy Agency (IAEA) Vienna September 2009 06 Towards an Alternative Nuclear Future
Executive Summary Recent developments in advanced accelerator technology have provided the UK with a unique opportunity to create, build and sustain a multibillion pound industry based upon alternative, safe, inexhaustible, low waste and proliferation-resistant nuclear power generation. This innovative nuclear industry and its associated technology will: allow the UK to compete aggressively in existing nuclear markets; open up entirely new international nuclear markets that at present are closed to all current and planned uranium- and plutonium-based nuclear technologies; directly impact other high-technology industries, including medicine; enable the UK, and other nations, to meet carbon reduction targets without increasing nuclear waste streams. This vision of a reinvigorated and environmentally acceptable UK nuclear industry can be delivered by adopting and refining the concept of the Accelerator Driven Subcritical Reactor (ADSR), fuelled entirely by thorium, an abundant and robust fuel which produces low levels of waste and virtually no plutonium, and driven by advanced, UK-designed and manufactured particle accelerators. Immediate investment will enable the UK to benefit from the momentum of its existing accelerator programme to secure a clear world lead in the new nuclear technology. It is entirely realistic to expect that: The key ADSR technologies will be developed and functioning demonstrators delivered within five years. A privately funded 600MW prototype power station capable of providing electricity to the grid will be constructed and commissioned by 2025. These objectives can be best achieved through a public private partnership. An initial public investment of £300m over five years will support an intensive research and development programme and, in parallel, develop the industrial capability to deliver practical systems on a commercial basis in advance of the deployment of competitor GEN IV nuclear technology. It is envisaged that a private company will be created to manage the research and development programme, establish industrial collaborations, secure procurement and capture emerging intellectual property. The research and development programme will lever £1.5-2bn from industry over a further ten years for the design and construction of the world’s first thorium-fuelled ADSR power station. The return on this investment is likely to be a viable and robust UK thorium-fuelled ADSR nuclear industry serving a global need for low carbon, sustainable but safer nuclear electricity, with a projected revenue of at least £10-20 billion per annum beyond 2025. A report prepared by: the thorium energy amplifier association 07
Page 1 and 2: TOWARDS AN ALTERNATIVE NUCLEAR FUTU
Page 3 and 4: A report prepared by: the thorium e
Page 5: Appendices: Appendix I: ADSR Accele
Page 9 and 10: This report is structured as follow
Page 11 and 12: Thorium presents numerous advantage
Page 13 and 14: Operating reactors 500 40 450 400 3
Page 15 and 16: 1.5 The potential global market for
Page 19 and 20: 2.3 Minimizing the economic cost of
Page 21 and 22: Chapter 3: An R&D Programme to secu
Page 25 and 26: Phase III: THOR Successful completi
Page 27 and 28: 3.6 Private Investment and construc
Page 31 and 32: Case Study 2: Letter of support fro
Page 33 and 34: 4.3 The patent landscape Categoriza
Page 35 and 36: 4.6 Future opportunities facilitate
Page 37 and 38: 4.7.1 Medical applications Both ADS
Page 39 and 40: 4.7.5 From megatons to megawatts: W
Page 41 and 42: For an operational lifetime of 40 y
Page 43 and 44: 5.2 Inward investment The delivery
Page 45 and 46: Chapter 6: The way forward In this
Page 49 and 50: A1.3 Accelerator reliability Accele
Page 51 and 52: Estimated thorium resources by coun
Page 53 and 54: FBTR, India: India’s first fast p
Page 55 and 56: Japan: Mitsui Engineering & Ship Bu
Page 57 and 58:
EUROTRANS has proposed a route to a
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thorium oxide mixed fuels is access
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Appendix VIII: An historical UK per
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Bibliography Bryan, A. C. (2009). J
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LBE - Lead-Bismuth Eutectic LEU - L
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Q4. Early investment in accelerator
Page 69 and 70:
Q11. ThorEA focus upon FFAG technol
Page 71:
William J. Nuttall is a University
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