Today, the economics of importing UO2 fuel are down to less than $50-a-year to drive a car 12,000 miles.
Compare this $50 to 600 gallons of gas. At $2/gallon to import (= $85/barrel) and 20 mpg that is $1,200-a-year-at-import. Make it $2,400-a-year at the retail pump for your passenger car.
$50 versus $1,200.
That's the cost differential to America for importing these fuels at port of entry.
Electric plants cost a bit more than refineries, maybe by a skosh, but at worst that's Americans doing the work. The country's not hurt a bit by it -- not with these unemployment percentages.
$3.46 versus $20.
That's cost for driving a Tesla 100 miles on electricity vs.driving a typical gasoline car.
For now the extra power for electric cars will be generated mostly at night. We have years to build out capacity. Uranium is as plentiful as tin. The earth has a billion years of proven reserves, going beyond cheap "yellowcake" deposits.
Kyshtym, Chernobyl, TMI, Fukushima -- there have been major accidents. But clearly the engineering has gotten far better over the decades. Combine uranium fuel and today's electric cars -- this offers decisive advantages over gasoline powered cars. MoreBTF :::
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