World uranium production for 2009 was 50572 tons
So I won the bet with Dittmar on Uranium production for 2009.
The bet for 2009 was 47,383 tons as over under (the actual midpoint). My prediction was 49,722 tons for 2009
My prediction for 2010 was 56,000+ tons of production. that prediction is also looking good.
My Uranium production forecast from 2009 is below. 3 quarters of production was known, but Dittmar still made a prediction of 44,000 tons for 2009. His prediction of 44,000 tons was off by about 15% for the same year the prediction was made.
Michael Dittmar, a researcher at the Swiss Federal Institute of Technology in Zurich, thinks they (International Atomic Energy Agency and the Nuclear Energy Agency) are mistaken. He has studied the uranium supply and argues, in a recent series of papers, that shortages will drive the nuclear renaissance to an untimely end. Although your correspondent suspects that Dr Dittmar is probably being overly pessimistic, he is inclined to agree with him that the Red Book’s precise assessments of what will be economically sensible over 85 years are far from accurate.
Dittmar’s very Wrong but Well Publicized Predictions of Uranium
Michael Dittmar wrote a series of posts about nuclear energy that was published on The Oil Drum in 2009. In the first post of the series, he said that uranium “civilian uranium stocks are expected to be exhausted during the next few years” and “the current uranium supply situation is unsustainable”.
Previous discussion of my uranium production prediction and bet
Namibia could add 6700 tons per year from the South Rossing mine by 2013.
Reviewing The Nuclear Generation Bet Series
Dittmar won the nuclear power generation bet for 2009. He said 2575 TWH and I said 2600 TWhe
Dittmar Brian Midpoint 2009 2575 TWhe 2600 TWhe 2587.5 2010 2550 TWhe 2630 2590 2011 2550 2650 2600 2012 2550 2700 2625 2013 2525 2750 2637.5 2014 2250 2800 2525 2015 2250 2900 2575 2016 2250 3200 2725 2017 2250 3500 2875 2018 2250 3800 3025
Actual generation was 2559 TWH – lower because of some problems in France
I am expecting 2010 to get back on track for generation and for reactors to be started up. Japan is increasing its capacity factor and turning on shutdown reactors from an earthquake.
For May 2010, US nuclear generation was 66.3 billion kilowatt-hours compared to 65.2 billion kWh in May 2009. The average capacity factor for May 2010 was 88.5 percent compared to 87.0 percent in April 2009. Year-to-date 2010 nuclear generation is 0.8 percent behind the same period in 2009 but is slightly higher than the same period for the record year in 2007.
Reactor Construction
438 nuclear reactors are operating and there are 61 under construction
2010 Highlights: New connection to the grid: Rostov 2 (950 MW(e), PWR-VVER, Russia) - first grid connection on 18 March Note: Rostov is a new official name of Volgodonsk reactor units. Rajasthan 6 (202 MW(e), PHWR, India) - first grid connection on 28 March Final shutdowns: Phenix (130 MW(e), FBR, France) was officially closed on 1 February Construction initiation: Ningde 3 (1000 MW(e), PWR, China) - construction officially started on 8 January Taishan 2 (1700 MW(e), PWR-EPR, China) - construction officially started on 15 April Leningrad 2-2 (1085 MW(e), PWR-VVER, Russia) - construction officially started on 15 April Changjiang 1 (1000 MW(e), PWR, China) - construction officially started on 25 April Angra 3 (1245 MW(e), PWR, Brazil) - construction officially started on 1 June Rostov 4 (1011 MW(e), PWR-VVER, Russia) - construction officially started on 16 June Haiyang 2 (1000 MW(e), PWR-AP1000, China) - construction officially started on 21 June Changes of NPP status during 2009: New connection to the grid: Tomari 3 (866 MW(e), PWR, Japan) - first grid connection on 20 March Rajasthan 5 (202 MW(e), PHWR, India) - first grid connection on 22 December Final shutdowns: Hamaoka 1&2 (515/806 MW(e), BWR, Japan) were officially closed on 31 January Ignalina 2 (1185 MW(e), RBMK, Lithuania) was shutdown on 31 December Construction initiation: Hongyanhe 3 (1000 MW(e), PWR, China) - construction officially started on 7 March Sanmen 1 (1000 MW(e), PWR AP-1000, China) - construction officially started on 19 April Yangjiang 2 (1000 MW(e), PWR, China) - construction officially started on 4 June Fuqing 2 (1000 MW(e), PWR, China) - construction officially started on 17 June Novovoronezh 2-2 (1085 MW(e), PWR-VVER, Russia) - construction officially started on 12 July Fangjiashan 2 (1000 MW(e), PWR, China) - construction officially started on 17 July Hongyanhe 4 (1000 MW(e), PWR, China) - construction officially started on 15 August Rostov 3 (1011 MW(e), PWR-VVER, Russia) - construction officially started on 15 September (announced in June 2010) Shin-Kori 4 (1340 MW(e), PWR-APR 1400, S. Korea) - construction officially started on 15 September Haiyang 1 (1000 MW(e), PWR, China) - construction officially started on 24 September Taishan 1 (1700 MW(e), PWR-EPR, China) - construction officially started on 18 November Sanmen 2 (1000 MW(e), PWR AP-1000, China) - construction officially started on 17 December Construction reactivation: Akademik Lomonosov 1&2 (2x30 MW(e), PWR-KLT40, Russia) - floating NPP will be finally located close to Vilyuchinsk instead of Severodvinsk Mochovce 3&4 (2x405 MW(e), PWR-VVER, Slovakia) - construction officially reactivated on 11 June
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Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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