• The DBI Thorium Reactor program can produce electricity for less than $0.03 per kilowatt-hour

The natural abundance of thorium, its low cost of mining and milling, the low volume of waste produced, and its lower long-term radiotoxicity mean that the DBI Thorium Reactor program

• uses fuel that—mass for mass—is 500 times cheaper and produces about 65 times more energy
  
  
• increases fuel efficiency by more than a factor of five
  
  
• has less than 50% of the capital costs, based on a design philosophy of robust mechanical simplicity
  
  
• can produce high-temperature steam and vast amounts of electricity on the same site, a perfect combination for high-efficiency electrolysis of hydrogen from water

The high availability of thorium, its low cost of mining and milling, the low volume of waste produced, and its low radiotoxicity mean that the DBI Thorium Reactor program can produce direct current for less than half the present rate of electricity, with significantly lower environmental and economic costs than any currently available technology.

This makes thorium a great source of energy to extract hydrogen from water economically, opening the way to large-scale production of synthetic fuels.

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The BlackPoint Project cost includes land, licensing, and financing costs in addition to the hardware cost, and it is 100 times larger in output than DBI’s first proposed plant. However, it gives a rough estimate for what is reasonable in power plant costs: very roughly $1-$2 million per megawatt.

The solid state thorium converter, in its final format, uses the transmutation and breeding of raw thorium to produce commercial steam and thereby make electricity. The immediate market includes: (1) modular steam boosters for national and international utilities; (2) military bases for electricity and heat; (3) high-volume water pumping; (4) desalination of sea water; and (5) production of hydrogen for synthetic fuels.

Additionally, the DBI Thorium Reactor program could make “green” energy a full-size industry, knowing that the input energy for production of hardware will not come from petroleum but from thorium. When that hardware has run its lifecycle, there will still be thorium energy on a national scale for the next hundred years to replace the hardware.