Nuclear Power Industry and Market Analysis

Lightbridge’s Target Market

Lightbridge is developing three primary nuclear fuel product offerings for power uprates and longer fuel cycles:

• LTB17-1024™ all-uranium seed and blanket fuel for 10% power uprates and 24-month operating cycles;
• LTB17-1724™ all-uranium seed and blanket fuel for 17% power uprates and 24-month operating cycles; and
• LTB17-3018™ all-metal fuel for 30% power uprates and 18-month operating cycles.

In addition, Lightbridge is developing LTB17-Th18™ thorium-based seed and blanket fuel with significant back-end advantages and enhanced proliferation resistance of used fuel.

Presently, the size of Lightbridge’s target market worldwide is estimated to be approximately 148 GWe. It is projected to grow to 269 GWe by 2030. The following chart shows a breakdown of Lightbridge’s estimated target market by market segment.