ABSTRACT

The proliferation hazards of the breeder reactor can best be restrained by delaying breeder deployment until it is economically advantageous. The breeder should be regarded as a means for converting a given investment of uranium ore into electrical energy. Because of the 0.7 per cent U-235 content of natural uranium, even a breeding gain of zero will allow a 1 000-MW(e) liquid metal-cooled fast breeder reactor (LMFBR) to be fuelled initially with 11 250 kg of U-235 as 20 per cent in U-238, and then to operate for 2000 years on the 3 100 short tons of U, 08 from which that U-235 was extracted. An assumed resource base of 3.5 million tons of U, Og would thus start and operate 1 100 such simplified LMFBRs for 2 000 years, as compared with 500 light water reactors (LWRs) for only 30 years. Redesign of the LMFBR can reduce the $200 million initial penalty per reactor which would be incurred in this use of U-235 if LWR plutonium were available. If a molten salt breeder reactor is practical with a 2 500-kg U-235 inventory, some 5 000 could be started and operated for 500 years from the assumed resource base. After the exhaustion of low-cost uranium, a breeder population could be maintained (but not started) on uranium costing $5 000/lb without significant increase in electrical energy costs. Although plutonium will have to be recycled in plutonium breeders started with U-235 (and, to the extent it is available, should be used to fuel plutonium breeders), the route of U-235 investment will allow a large, rapid deployment of breeders when they are economically desirable without the necessity of premature commercial breeder operation or plutonium separation.