Liquid metal fast reactor developments in the USA have narrowed to two
basic goals: (1) nominally inherently safe modular designs with passi
ve cooling capability and minimum requirements for safety-grade equipm
ent; and (2) an integrated fuel cycle based on pyroprocessing and meta
l alloy fuel material. The current goals reflect basic departures from
the originally conceived incentives and design goals for reactors cap
able of high neutron efficiencies. The economic, logistic, and institu
tional changes in the applicable factors that drive the changing goals
are reviewed. The paper describes the current technical status and po
ssible strategies for reaching a prototype stage during the next few d
ecades. The key technical developments that appear to make the current
goals attractive and feasible are surveyed. Prototypes have operated
for several dozen reactor years and have experienced numerous non-nucl
ear incidents. None of these events appear to pose significant obstacl
es to the attainment of the safe and reliable operation of fast reacto
rs. The historical developments leading to the current-status are summ
arized in four periods from 1948 to 1993. The main factors discussed i
nclude the dramatic changes in the size and dynamics of plutonium and
uranium supplies, the improved picture on fossil fuel supplies, and th
e resulting decline in the near-term cost competitiveness of nuclear:
options in the USA. The dominant role of public perceptions and the so
urces of misperceptions are discussed. The effects of federal regulati
ons and litigation have also been very important. The combination of t
hese changing circumstances serve to defer for several decades the pot
ential for realizing the economic value of excess breeding gain. Never
theless, a path of economically driven near-term nd long-term developm
ent and deployment is foreseen. The promising near-term path involves
the use of modular fast spectrum burner reactors that offer good prosp
ects of achieving good economics near-term. These can also provide vit
al national security benefits by using their capability for sequesteri
ng plutonium from decommissioned nuclear weapons safely. (C) 1998 Else
vier Science Ltd. All rights reserved.