n122.
Editor’s note: David Fleming’s former collaborator John Busby offers the following comment on relevant developments since Fleming’s death in 2010:
Demand for uranium dropped when Japan — a major consumer — closed all of its reactors in response to the 2011 Fukushima disaster. The price has remained low since, and many low-grade ore mines have closed, since their operating costs were higher than the sale price. It is an open question as to whether investment will be available to bring these back into production if demand increases again. In addition, distributed energy such as small-scale solar PV is reducing the need for new centralised power stations.
See John Busby, “Anaerobic Digestion and Distributed Energy”, 20 December 2014, available at www.after-oil.co.uk/distribute.htm .