Abstract
Only very optimistic views of the progress of FBR technology allow one to envisage its competitiveness on a time horizon of 40–50 years. This might occur in the improbable context of a trebling or quadrupling of the price of uranium. Even in that case the benefits of electricity production by FBRs would not compensate for the enormous expense of the necessary R&D and eventual commercialization of this new nuclear system. However these considerations seem minor when compared to the economic obstacles presented by plutonium reprocessing from LWRs. Investment in the plutonium associated with the FBR will possibly be more expensive than the actual construction costs.
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