Some Observations
§This is not the end
of oil - just the end of cheap oil
§Power plants using
thermal reactors must be built for several more years, even though uranium price is likely to rise
§Power plants using
fast reactors can improve long-term economics, ease waste disposal, and simplify safeguards
§Fast reactors have
one major weakness -- they need a very large fissile inventory for their first fuel loading
§Integrated systems
of thermal and fast reactors can supply the world’s energy needs for many thousands of years
§The later we start,
the harder it will be to make the transition