Summary
A breeder reactor is a nuclear reactor that generates more fissile material than it consumes. These reactors can be fuelled with more commonly available isotopes of uranium and thorium, such as uranium-238 or thorium-232, as opposed to the rare uranium-235 which is used in conventional reactors. These materials are called fertile materials since they can be bred into fuel by these breeder reactors. Breeder reactors achieve this because their neutron economy is high enough to create more fissile fuel than they use. These extra neutrons are absorbed by the fertile material that is loaded into the reactor along with fissile fuel. This irradiated fertile material in turn transmutes into fissile material which can undergo fission reactions. Breeders were at first found attractive because they made more complete use of uranium fuel than light-water reactors, but interest declined after the 1960s, as more uranium reserves were found, and new methods of uranium enrichment reduced fuel costs. Breeder reactors could, in principle, extract almost all of the energy contained in uranium or thorium, decreasing fuel requirements by a factor of 100 compared to widely used once-through light water reactors, which extract less than 1% of the energy in the uranium mined from the earth. The high fuel-efficiency of breeder reactors could greatly reduce concerns about fuel supply, energy used in mining, and storage of radioactive waste. With seawater uranium extraction (currently too expensive to be economical), there is enough fuel for breeder reactors to satisfy the world's energy needs for 5 billion years at 1983's total energy consumption rate, thus making nuclear energy effectively a renewable energy. In addition to seawater the average crustal granite rocks contain significant quantities of uranium and thorium that with breeder reactors can supply abundant energy for the remaining lifespan of the sun on the main sequence of stellar evolution. Nuclear waste became a greater concern by the 1990s. In broad terms, spent nuclear fuel has three main components.
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