China Enters Race to Develop Nuclear Energy from Thorium
Source: The Guardian (2/16/11)
"Project aims not only to develop technology, but to secure intellectual property rights."
Two years ago, as part of the Manchester Report, a panel of experts assembled by the Guardian selected nuclear power based on thorium rather the uranium as one of the 10 most promising solutions to climate change.
Thorium—which is found in large quantities across much of the world—could be used to create nuclear energy in various ways. But the approach that impressed the Manchester Report panel so much was a currently obscure technology called the liquid-fluoride thorium reactor (LFTR).
Thorium-energy expert Kirk Sorensen recently blogged about the announcement of the new scheme at the Chinese National Academy of Sciences in late January. Technology journalist Andrew Orlowski followed up with a story claiming that a private company in China is aiming to build a prototype within five years that can produce electricity at for as little as 6.8p per kilowatt hour (much cheaper than the retail price of power in the UK today).
Despite not making a ripple in the wider press, there's a chance this development could be very significant. If the advocates of LFTRs are proved correct—and their arguments are certainly very compelling—then the Chinese could be taking one of the first substantial steps in a new type of nuclear race. And the stakes are high: as Sorensen reports, the project "aims not only to develop the technology but to secure intellectual property rights to its implementation." It will be very interesting to see what happens next.