Two good articles that explain things better than I can:
http://www.power-technology.com/features/feature1141/
http://www.technologyreview.com/Energy/19758/
The articles are not current... being 6 months to a year old but still informative.
The potential for stock price increases still comes down in my opinion to affirmative answers to these questions:
1. Will nuclear energy be widely adopted as an alternative to coal and natural gas? This is not certain because the cost advantage of nuclear even considering a carbon tax is not enormous. The US Congress may act to encourage nuclear in the US and even thorium.
An international consensus to encourage thorium because of its anti-proliferation properties of course would be the ideal.
2. If nuclear energy is accepted as an alternative, will thorium fuel cycle be incorporated? The problem with thorium is that its a new technology and power plant owners are conservative. The best chances are probably in the Gulf States or India initially.
Another possibility is that thorium fuel cycle will be used to 'burn' weapons grade plutonium as an alternmative to long term storage as is.
3. If thorium is incorporated, will Thorium Power benefit..that is, while Throium Power may generate consulting revenue...as with UAE..., is Thorium Power's fuel design the likely choice and therefore the source of licensing revenue?
Sunday, June 8, 2008
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