and that nuclear power would grow far more rapidly than it did.
It was discovered that uranium is a common element however, and nuclear power experienced a lot of negative press after Three Mile Island and Chernobyl and thus grew at one 1/10th the rate originally anticipated. (It still is the
only new form of energy discovered within the last century to be industrialized to an exajoule scale, however.)
Within in the last decade, it has been recognized that while no energy technology will ever be risk free, nuclear energy is the
lowest risk continuously available scalable form of energy. This realization has lead to a growing surge of interest in the use of nuclear energy, which has lead to a rise in the price of uranium fuel as countries around the world expand their commitment to nuclear energy. Still fuel is a very minor constituent of the cost of nuclear energy - even though prices have more than doubled, there is still very little cause to invest much in fuel development.
The primary motivation for fuel cycle advancement is not for the immediate future but for the long term.
The DUPIC fuel cycle has obvious advantages for the accumulation of spent fuel, however. Although so called "nuclear waste" is not much of a
technical problem, it does draw a vast amount of (irrational) public interest. Since
more energy can be realized through the use of this cycle per unit of fuel,
less fuel will be required, and therefore less spent fuel accumulated. This I think is the primary South Korean motivation for developing this cycle. Note the US is a research participant in this program though.
The DUPIC fuel cycle is somewhat more difficult than once through cycles since the fuel is highly radioactive
before it is placed in the reactor. This means that the fuel must be handled remotely. It is only in the last few decades that robotics has advanced enough to make this effectively possible at reasonable cost.
The United States
cannot use the DUPIC cycle unless it partners with Canada. The US has no CANDU type reactors. It should build some, but right now it doesn't have any. Canada's nuclear reactors are exclusively CANDU's however.
Many other advanced fuel cycles are under development around the world, and DUPIC is just one of them. Others are fuel cycles such as CORAIL and APA and various thorium based fuel cycles such as the Radkowsky configuration. Most of these fuel cycles envision using reactors that operate using ordinary light water reactors (BWR and PWR) for the bulk of the fuel use.
Here is one discussion of some of the other types of fuel cycles.
http://www.oecdnea.org/html/pt/docs/iem/jeju02/session1/SessionI-14.pdf#search=%22corail%20plutonium%22Probably at the end of the day, should humanity survive global climate change, many nuclear fuel cycles of different types will operate throughout the world. The best will have maximized probability of achieving the following goals: 1) To maximize the amount of energy obtained per kg of uranium or thorium mined. 2) To minimize proliferation concerns and to allow for the destruction of nuclear materials resulting from successes in nuclear disarmament. 3) To reduce the time for the radiotoxicity associated with nuclear power use to fall below that associated with natural uranium ores in less than 1000 years.
All three of these goals are achievable.