Energy in the 1980s - Future trends in nuclear power generation
In the 20 years since the Calder Hall reactors were ordered, the U.K. has accumulated wide experience of building and operating nuclear power stations. Early stations proved expensive because of technological novelty and infrequent orders, but the economics of nuclear power stations where regular orders can be assured are increasingly favourable. Other factors do not provide fundamental limitations to nuclear power growth. Trends in fossil-fuel prices suggest that most utilities will look mainly to nuclear plant to meet their electricity requirements. The substantial savings of fossil fuel already achieved will thus grow rapidly on a world-wide basis. Though it would take quite unexpected shifts in relative economics for nuclear stations completely to supplant conventional stations, particularly for peak demand situations, a high nuclear share of new capacity may begin to throw some strain on uranium reserves in the 1980s. The fast reactor, prototypes of which after long and careful development are commissioning in France, Russia and the U.K., can provide a huge increase obtainable from uranium resources, pending the successful introduction in the long term of fusion reactors.