Tom Blees, President, The Science Council for Global Initiatives: One of the most exciting aspects of building power ships is that countries with the capability to build shipyards for their construction could essentially become utility companies. The ships could be floated to developing countries that often lack the capital for large construction projects, and they could simply plug a ship into their grid and buy electricity like any consumer. Even if the country owning the ships would sell the electricity at half the average price in Europe, a power ship would pay for itself in less than three years. Thus, countries highly dependent on oil and gas will be able to use their ample funds to build power ship fleets, and developing countries can quickly improve their standards of living with clean, affordable energy.
Brian Wang: China already generates 60% more electricity than the USA in 2018. China plans to double this by 2030. China wants to increase from 3-4% nuclear power for electricity to 10%. This will mean 300 GW of electricity in 2030. This would be about triple the US generation of nuclear electricity. Starting in 2010, China is now working on two very different thorium based molten salt reactor programs. One is based on liquid fuel, the other on molten salt cooled solid fuel. Both are designed for specific application areas.
Nuclear power in the United States has had to fight against well funded and well organized anti-nuclear power organizations and political leaders who relied on them for votes. Incredibly, the Nuclear Regulatory Commission is holding back development of advanced nuclear power technologies by making licensing very difficult to nearly impossible. In the 1960s a nuclear plant could be licensed in less than five years. Now the NRC says licensing new technologies could take more than a quarter of a century. North American companies are taking their new technologies to Asia to develop and license. Russia, China and other countries are doing just the opposite. They are moving ahead as fast as possible to develop new nuclear technologies. How can American citizens let this happen?
China will spend 22 billion yuan (US$3.3 billion) on two prototype molten salt nuclear reactors to be built in the Gobi Desert in northern China.
* Molten salt reactors can produce one thousandth of the radioactive waste of existing nuclear reactors because of deep burn. More complete conversion of the nuclear fuel.
* Molten salt reactors can have designs that are proof against nuclear meltdowns
* The chinese reactors could use thorium. China has some of the world’s largest reserves of the thorium metal.