Uranium and other fissile resources - REMIND-MAgPIE
Note: The documentation of REMIND-MAgPIE is and is not yet 'published'!| Corresponding documentation | |
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| Previous versions | |
| Model information | |
| Model link | |
| Institution | Potsdam Institut für Klimafolgenforschung (PIK), Germany, https://www.pik-potsdam.de/research/sustainable-solutions/models/remind. |
| Solution concept | |
| Solution method | |
| Anticipation | |
A comparison of regularly up-dated assessments of global uranium availability is given in Table 1. Conventional identified resources of uranium are differentiated into recovery cost categories. The assessment by the Nuclear Energy Agency (NEA) comprises 6.3Mt of uranium, which equals approximately one hundred times current reactor requirements. The estimates of World Energy Council (WEC) and German Geological Survey (BGR) mainly rely on the numbers of NEA but apply different interpretations for identified uranium resources. The more uncertain category of conventional undiscovered uranium resources are also assessed differently by the three institutions. For the present study the assumption is that 23MtUr are ultimately available with increasing extraction costs up to 260$US per tUr. The present study does not represent reprocessing and fast breeding reactors integrated into the nuclear fuel cycle. Given the optimistic assessment of uranium resources this assumption is economically reasonable in the near-term; see Bunn et al. (2005).
