“The 2006 Energy Review merely exacerbated the problem. It acknowledged that the UK would not meet its emissions targets without nuclear, but did almost nothing to address the problem of the reluctance of the market to fund a new generation of plants.
“Nor did it consider the problem of the limited reserves of high grade uranium ore due to be rapidly consumed by the 68 nuclear plants planned worldwide over the next 13 years. There are good reserves of low grade ores but the energy cost of milling up to 10,000 tonnes of rock to liberate 1000 tonnes of uranium would place nuclear energy balance firmly in the red.”
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