RE: oil

From: Glenn Morton (glenn.morton@btinternet.com)
Date: Sun Nov 24 2002 - 07:28:10 EST

  • Next message: Dr. Blake Nelson: "RE: Dembski and Caesar cyphers"

    Blake wrote:

    >Not to mention all those Road Warrior movies...
    >
    >You sound a bit overly Malthusian when the world is
    >sitting on 500+ years of fission power at current
    >energy consumption growth rates.
    >
    >BTW, IIRC China and India have larger standing armies.
    >

    I am a bit Mathusian in this regard. There are several things wrong with
    your number of 500+ years of uranium. You have mixed up resources with
    reserves. Resources are what is out there, reserves are what is
    economically capable of being extracted. One clearly can't expend more
    energy extracting uraniium from the resource than he gets back from it when
    it is fissioned. We have around a 500+ year resource, but most of that
    isn't economically viable. We have about a 40-50 year reserve.

    "The present energy-generating capacity of nuclear power is expected to
    increase slightly between 1995 and 2010 as existing and planned construction
    comes to completion (17). At current consumption rates, there is about a
    41-year supply of uranium reserves to fuel these reactors (18). Proved
    reserves of uranium have declined in recent years, primarily because of mine
    closures after an excess supply caused uranium prices to collapse (19)."
    http://www.wri.org/wri/wr-96-97/em_txt3.html

      I once did a model to see how many Nukes we would need to build over the
    next few years to replace oil. I used a 700 Megawatt

    6.29 bbl = 10.9 megawatt-hour
            http://ecen.com/eee13/equive.htm
    1 bbl = 1.73 megawatt-hour
    700 megawatt = 404.6242775 bbl/hour
    http://www.cameco.com/investor_relations/annual/2001/glossary/index.php
    Megawatt (MW): megawatt-hour (MWh) A
    megawatt equals 1000 kW. One
    megawatt- hour represents one hour of electricity consumption at a constant
    rate of 1MW.
    6132000 megawatt-hour = 3544508. bbl/yr

                            30,000,000,000 bbl/yr
                            8463. 700 MW plants
                            1,250,000,000 dollars per plant
                         $1.05797E+13 investment

    Now, this 10 trillion dollar investment for the replacement of oil is
    equivalent to the Gross domestic product of the United States. Compare this
    with the GDP's of various countries (millions dollars):

    Country GNP Per Oil Consumption Number of
    Cost % of GNP
                (millions) Capita per yr 700MW plants (millions)
    USA $10,533 $38 7165875000 2021
    2526 23.98%
    Japan $4,852 $38 1980673220 558
    697 14.37%
    Germany $2,242 $27 1023597660 288
    360 16.06%
    Britain $1,544 $26 602058220 169
             211 13.67%
    France $1,543 $26 741537120 209
    261 16.92%
    China $1,329 $1 1839934800 519
    648 48.76%
    Italy $1,260 $22 710184940 200
    250 19.84%
    Canada $760 $24 708367710 199
    248 32.63%
    Brazil $715 $4 680691880 192
    240 33.57%
    Spain $651 $16 550343680 155
    193 29.65%
    Mexico $578 $6 661783020 186
    232 40.14%
    South Korea $515 $11 815779460 230
    287 55.73%
    India $510 $0.5 756151800 213
    266 52.16%
    Australia $444 $24 308530920 87
    108 24.32%
    Netherlands $429 $27 345852620 97
    121 28.21%
    Taiwan $363 $16 283204200 79
    98 27.00%
    Argentina $300 $8 680691880 192
    240 80.00%
    Switzerland $286 $39 102259400 28
    35 12.24%
    Sweden $275 $31 118888800 33
    41 14.91%
    Belgium $264 $26 122624050 34
    42 15.91%
    Russia $252 $2 896459000 252
    315 125.00%
    Austria $226 $27 93969700 26
    32 14.16%
    Turkey $212 $3 241725580 68
    85 40.09%
    Poland $188 $5 148436100 41
    51 27.13%
    Indonesia $174 $0.8 399721700 112
    140 80.46%
    Thailand $132 $2 260557400 73
    91 68.94%
    The GDP data from http://www.scaruffi.com/politics/gnp.html

    Clearly the world is going to have trouble investing this much money in
    nuclear plants. Look at the last column, the percent of GDP. If countries
    try to build that many plants, you can basically say that the government
    must tax that percentage of the income in order to finance the effort. That
    means that in the US, everyone's income would decrease 25%. In china it
    would be 48%, Indonesia 80%. Such an effort wouldn't happen because of the
    riots in the streets.

    There are also terrorist dangers. Allowing everyone to go nuclear means
    that some really nasty regimes would have the ability to build bombs. Not a
    great idea in my opinion.

    And if we increased the demand on uranium by several thousand times, that 41
    year reserve life would last just a few months, the price of U3O8 would go
    up dramatically, more supply would be brought to the market, but not 500
    years worth.

    Now, while oil will probably peak this decade, natural gas probably will
    peak about 2020-2040 which means that in a couple of decades we must replace
    gas also. To do it with nuclear plants will require about another 4000
    nuclear plants.

    glenn

    see http://www.glenn.morton.btinternet.co.uk/dmd.htm
    for lots of creation/evolution information
    anthropology/geology/paleontology/theology\
    personal stories of struggle



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