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Is Thorium Our Energy Answer?

nuclear-plant

Nuclear power plant in Cattenom, France – Photo by Stefan Kühn

Slowly but surely I’ve become a believer in thorium reactors as one potential energy source that is abundant, cheap and an element that is naturally present everywhere in the world. 

We will need it and Bill Gates is on board and investing in thorium so you know there has to be something world-changing about this element to get him involved.

To give you an idea of why we need more major energy sources — and we won’t be able to satisfy demand with solar, wind or other renewables since the demand is so great globally — let me share with you one sentence that starts off the U.S. Energy Information Administration’s International Energy Outlook 2013:

“The International Energy Outlook 2013 (IEO2013) projects that
world energy consumption will grow by 56 percent between 2010 and 2040.”

Holy shit. A 56% increase in the next 37 years? Yep.

If you want to know more about thorium — and I’d hope you would at least ask your elected representatives about what the U.S. is doing with thorium research to make sure energy is top-of-mind for them — here is a link to a Wikipedia article on thorium and the video from that Bill Gates page here is about 28 minutes long, but is a great overview and I encourage you to watch it.

About Steve Borsch

I'm CEO of Marketing Directions, Inc., a trend forecasting, consulting and publishing firm in Minnesota. Prior to that I was Vice President, Strategic Alliances at Lawson Software in St. Paul where I was responsible for all partnerships at this major vendor of enterprise resource planning software products and services. Read more about me here unless you're already weary of me telling you how incredible and awesome I am.

Comments

  1. I don’t see a reference in the Wikipedia page but I could swear I read an article a couple of years ago that said when we were first developing nuclear, half the scientists were pushing thorium because of it’s safety and the other half plutonium because of it’s bomb utility. The later won out and we’ve been cursed ever since.

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