The Commission strongly believes that multilateralizing the nuclear fuel cycle would play an invaluable role in building global confidence in the peaceful uses of nuclear energy and any efforts to that end should be encouraged. Such arrangements would provide an important foundation for a world free of nuclear weapons, where all sensitive fuel cycle activities will need to be under multilateral verification and control. — from the 2009 report of the International Commission on Nuclear Non-proliferation and Disarmament via @BenThinkClimate
Over the next century we need to triple the global quantity of energy production. Everything that makes civilization civil requires electricity, liquid fuels and energy for industry. Plus we need to help boost another three billion people out of poverty. That means most of the expansion of new energy production is needed in the Global South – outside the OECD nations. Safe, carbon-free nuclear fission should be a big part of that solution.
Let’s take Kenya as an example of the nations that want to build new nuclear power plants. To make that commitment they need affordable access to nuclear fuel. They need to be confident that fuel will always be available to them, regardless of future political issues. It also makes their nuclear launch much easier if they need only to contract for fuel delivery and reprocessing/disposal. If they have to also develop their own nuclear fuel cycle that probably makes the nuclear option uneconomic. If Kenya can’t access the nuclear option we know they will continue with the fossil option.
External pressures: the OECD nations may try to block Kenya’s access to nuclear power, especially if they are concerned about increasing weapons proliferation risk. Certainly anti-nuclear NGOs like Greenpeace will raise the bogeyman of proliferation to disrupt new nuclear power.
I think it is completely obvious that a politically reliable nation like Australia is a perfect match with Kenya’s need for a dependable front-to-back nuclear fuel partner. Australia can be the “Amazon Prime” for nuclear fuel for all the new nuclear nations, and the existing cases like India and Pakistan.
I’m anticipating a favorable report from the South Australian Nuclear Fuel Cycle Royal Commission. So is principal contributor Ben Heard who wrote yesterday explaining the benefits of the “establishment of a multinational storage facility for used nuclear fuel and the subsequent recycling of that material for clean power”.
Whatever happens tomorrow, some stakeholders will stop at almost nothing to try and frighten South Australians.
As well as the potential to benefit economically, we may have the opportunity to shift the world to a decisively safer state of relations. There has never been a more important time to listen to the experts. In more ways than one, our future depends on it.