I should have known right from the moment I walked in the building that this was going to go well. Right inside the main door are two large statues; one of James Prescott Joule, the famous physicist and thermodynamicist, and the other of John Dalton, chemist and pioneer of atomic theory. As I walked by, Joule whispered that I better tell them a bit about thermodynamics, and Dalton reminded me that chemists could build the best reactor of all.
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I went through the process of converting thorium to energy and showed how a LFTR uses liquid fluoride fuel to carry the uranium and thorium in a two-fluid arrangement designed to follow the natural processes of thorium's conversion to protactinium, uranium, and then to energy. I described the Molten Salt Reactor Experiment and how it demonstrated that this was a real and feasible approach to take to extracting the energy from thorium. I described a more modern version--the Liquid-Fluoride Thorium Reactor--that would couple the fluoride reactor to a closed-cycle gas turbine and enable the extraction of energy from thorium at an efficiency roughly 300 times greater than we currently get from uranium in existing reactors.
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This radical improvement in efficiency means that we could supply world energy needs with about 6000 tonnes of thorium rather than the 65,000 tonnes of uranium, 5 billion tonnes of coal, 32 billion barrels of oil, and 3 trillion cubic meters of gas we use today.
Thorium resources are abundant and a single thorium site in Idaho could provide nearly all the world's yearly demand for thorium...
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