"All nuclear plants in the United States today are Light Water Reactors (LWRs), using ordinary water (as opposed to ‘heavy water’) to slow the neutrons and cool the reactor. Uranium is the fuel in all of these power plants. One basic problem with this approach is that more than 99% of the uranium fuel ends up ‘unburned’ (not fissioned). In addition to ‘throwing away’ most of the potential energy, the long-lived nuclear wastes (plutonium, americium, curium, etc.) require geologic isolation in repositories such as Yucca Mountain.
There are two compelling alternatives to address these issues, both of which will be needed in the future. The first is to build reactors that keep the neutrons ‘fast’ during the fission reactions. These fast reactors can completely burn the uranium. Moreover, they can burn existing long-lived nuclear waste, producing a small volume of waste with half-life of only several decades, thus largely solving the nuclear waste problem. The other compelling alternative is to use thorium as the fuel in thermal reactors. Thorium can be used in ways that practically eliminate buildup of long-lived nuclear waste..."
also
"Blees makes a powerful case for 4th generation nuclear power, the Integral Fast Reactor (IFR). IFR reactors (a.k.a.
fast or breeder reactors) eliminate moderating materials used in thermal reactors, allowing the neutrons to move faster. More energetic splitting of nuclei releases more neutrons. Instead of using up less than 1% of the fissionable material in the ore, a fast reactor burns practically all of the uranium. Primary claimed advantages are:
a) The fuel is recycled on-site, incorporating radioactive elements into new fuel rods. The eventual ‘ashes’ are not usable as fuel or weapons. The radioactive half-life of the ashes is short, their radioactivity becoming less than that of naturally occurring ore within a few hundred years. The volume of this waste is relatively small and can be stored easily either on-site or off-site.
b) The IFR can burn the nuclear ‘waste’ of current thermal reactors. So we have a supply of fuel that is better than free – we have been struggling with what to do with that ‘waste’ for years. We have enough fuel for IFR reactors to last several centuries without further uranium mining. So the argument that nuclear power uses a lot of fossil fuels during uranium mining becomes moot.
c) IFR design can be practically failsafe, relying on physical properties of reactor components to shut down in even the most adverse situations, thus avoiding coolant problems of Chernobyl and Three Mile Island, as well as the earthquake problem. The terrorist threat can be minimized by building the reactor below ground and covering it with reinforced concrete and earth..."
http://bravenewclimate.com/2008/11/2...-are-integral/