Will Renewable Energy Be Uranium’s ‘Banana Skin’?
May 19th, 2007
Recently, we wrote an article on the possible threats to the uranium bull market and nuclear power in general. In this article we will explore what we believe is the biggest single threat to the long term position of nuclear power with uranium as a fuel.
We ask you to look upon this technology with a open mind, no matter what prejudices or previous conclusion you may have arrived at. We were extremely skeptical when this was first brought to our attention, but as professionals we researched the topic thoroughly regardless of our opinions beforehand, and all that we ask is for you to put your skeptical views aside if you have any, until you have read this article in its entirety.
Taking the UK as an example, we are taking a careful interest in this power source, as the UK is one of the areas which could stand to benefit from this technology. Recently, a review from the UK government showed that there are now types of wave power that are capable of producing electricity at a cost lower than USD 0.10/kWh. This is the point at which electricity consumption becomes economically viable.
complete to read this article visit at : biz.yahoo.com
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