Abstract

The economics literature dealing with nuclear energy and uranium is inadequate, and several extremely important topics deserve a more methodical treatment. This survey provides: an alternative derivation for the optimal mix of generating capacity; a systematic but essentially non-technical approach to the nuclear fuel cycle; some comments on alternative technologies; and a stock-flow analysis of the market for uranium. It is also argued: that existing nuclear facilities in countries like Sweden can compete with all fossil fuels in the generation of electricity; and that claims that unconventional or renewable energy sources are economic at the present time are misleading, and might serve to accelerate the introduction of a plutonium-based energy economy.

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