this post was submitted on 07 Aug 2023
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[โ€“] [email protected] 7 points 1 year ago (1 children)

Well, "By the end of the century" is almost 80 years away, that is significantly longer than any normal nuclear power plant lasts.

Also it is very difficult to know which exact price someone pays for uranium because they normal dont buy on the spot market, but via long lasting contracts.

So from my point of view we don't have sufficient information for a proper estimation of the situation.

[โ€“] [email protected] 1 points 1 year ago

The end of the century at current rates of use which means about 77 years. At just 10% increased use annually that would double roughly every 7 years which means it won't last nearly that long.