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Closing the Cycle: How South Australia and Asia Can Benefit from Re‐inventing Used Nuclear Fuel Management

doi: 10.1002/app5.164
AbstractA large and growing market exists for the management of used nuclear fuel. Urgent need for service lies in Asia, also the region of the fastest growth in fossil fuel consumption. A logical potential provider of this service is acknowledged to be Australia. We describe and assess a service combining approved multinational storage with an advanced fuel reconditioning facility and commercialisation of advanced nuclear reactor technologies. We estimate that this project has the potential to deliver a net present value of (2015) AU$30.9 billion. This economic finding compares favourably with recent assessment based on deep geological repository. Providing service for used nuclear fuel and commercialisation of next generation nuclear technology would catalyse the expansion of nuclear technology for energy requirements across Asia and beyond, aiding efforts to combat climate change. Pathways based on leveraging advanced nuclear technologies are therefore worthy of consideration in the development of policy in this area.
- University of Adelaide Australia
- University of Adelaide Australia
- University of Tasmania Australia
- University of Tasmania Australia
PRISM, integral fast reactor, 303, 600, used nuclear fuel, climate change, pyroprocessing, technology
PRISM, integral fast reactor, 303, 600, used nuclear fuel, climate change, pyroprocessing, technology
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).1 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Average influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Average impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Average
