Electricity generation worldwide is based on an energy mix in which wa
ter power and nuclear power with shares of 18 % each represent economi
c mainstays free from CO2 emissions and, consequentl, without negative
impacts of the climate. The use of water power as a source of renewab
le energy is unlimited in time. Rut what about the use of nuclear powe
r? According to recent estimates by the London Uranium Institute, glob
al uranium reserves amount to 3,4 million t (at extraction costs of up
to $ 80/kg of U). This would allow a park of LWR plants of 400 G We,
with direct disposal as the back end of the fuel cycle, to be fueled f
or fifty ol sixty years. A closed fuel cycle with Mox recycling would
extend the period to approx, one hundred years; if breeder recetors we
re integrated into the fuel cycle, it would grow sustainably to many h
undreds of years, with the accompanying effect of preserving fossil re
sources for alternative rues. The new development of safety concepts f
or future reactors (EPR and BWR-1000) satisfying the German 1994 omnib
us law is going to take the current safety philosophy (residual risk)
into a new, vastly improved, quality of safety. Re search into plutoni
um burning and the transmutation of longlived actinides and fission pr
oducts will show to what extent, and subject to which economic penalti
es, the long term radiotoxicity indices associated with final storage
can be reduced to the level of the indices of natural uranium ores.