Early Morning Everyone,
I decided to do a follow-up to my dive into energy from last week after I got many comments saying this doesn’t reflect the current environment regarding Uranium and Nuclear technology in general. Having spent close to a decade studying the science of nuclear reactor development, technology, and what caused the three major disasters of Three Mile Island, Chernobyl, and Fukushima. However, most of the arguments presented from those bullish on nuclear are based on the search for profit based on trading uranium, and utilities specialized in nuclear power plant construction.
The lack of an academic case in favor of the bull case is quite astounding, and that’s what inspired this article to dispel some of the mysticism around nuclear power and the supply chains that feed it. Hoping all of you enjoy it!
The Grinding Halt of R&D in the Nuclear Industry:
Out of the nine nuclear powers, only six have the domestic capacity to fund massive civilian nuclear R&D programs. Those nations are the US, UK, France, Israel, Russia, India, and China, with North Korea and Pakistan being the only two nations that have relied on the Chinese for nuclear technology and the Germans in the case of Pakistan to sell them the machines necessary to refine Uranium. The Germans are rather amoral about who they sell tools and technology to and will be a common thread in most proliferation stories. Here is the status of each nations R&D efforts in the realm of... (More)