Thorium is now being billed as the great green hope of clean energy production, producing less waste and more energy than uranium. Thorium is meltdown-proof, has no weapons-grade by-products, and can even consume legacy plutonium stockpiles. The United States Department of Energy (DOE), Nuclear Engineering & Science Center at Texas A&M, and the Idaho National Laboratory (INL) have partnered with Chicago-based Clean Core Thorium Energy (CCTE) to develop a new thorium-based nuclear fuel they have dubbed ANEEL. ANEEL, which is short for “Advanced Nuclear Energy for Enriched Life” is a proprietary combination of thorium and “High Assay Low Enriched Uranium” (HALEU) that hopes to solve some of nuclear’s knottiest problems, including high costs and toxic wastes.
Oil Price 27th Sept 2020 read more »