risk, decline & the future of energy - thorium energy alliance
TRANSCRIPT
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Risk, Decline & The Future of Energy
Richard MartinTEAC IVJune 1, 2012
The Thorium Paradigm
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Return To Gaul
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Twilight of Empire
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Hero’s Aelophile
Copyright © 2011 Pike Research 5
Wooden-Headedness
“Pursuit of policy contrary to self-interest”
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Technology Lock-In
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The Nature of Disaster
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Dicing With the Gods
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The True Risk
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A Reverse Black Swan
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Bold Ventures
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Rebirth of the US Auto Industry
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A sense of crisisBroad social & national goalsBased on new technologyLimited & conditional government
supportAmerica’s competitive advantages
Lessons for the Energy Industry
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True Cost of Electricity
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US Power Demand
4 Million GwH/year – 1000 Gw total capacity
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The Goals
Build a prototype LFTR within five yearsCommercialize LFTRs starting in 2020LFTRs on line sufficient to supply half of
US electricity demand by 2050500 GW, or 500,000 MW, of clean, low-cost
energy by 2050
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The Program
• 500 thousand-megawatt nuclear plants, or 2000 250MW LFTRs
• 20 new plants/year 2020-2050, or 80 LFTRs/year
• Four manufacturing plants, each producing 20 reactors/5 plants a year
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How Much Will It Cost?
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The Thorium Revival
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Thank You