Economics of nuclear power plants to the extent of 3.4 billion pounds. In general, coal and nuclear plants have the same types of operating costs (operations and maintenance plus fuel costs). However, nuclear has lower fuel costs but higher operating and maintenance costs. Nuclear plants require fissile fuel. Generally, the fuel used is uranium, although other materials may be used (See MOX fuel). In 2005, prices on the world market for uranium averaged US$20/lb (US$44.09/kg). On 2007-04-19, prices reached US$113/lb (US$249.12/kg). On 2008-07-02, the price had dropped to $59/lb. Fuel costs account for about 28% of a nuclear plant's operating expenses. As of 2013, half
Ethanol fuel by country the largest and most successful bio-fuel programs in the world, involving production of ethanol fuel from sugarcane, and it is considered to have the world's first sustainable biofuels economy. In 2006 Brazilian ethanol provided 18% of the country's road transport sector fuel consumption needs, and by April 2008, more than 50% of fuel consumption for the gasoline market. As a result of the increasing use of ethanol, together with the exploitation of domestic deep water oil sources, Brazil reached in 2006 a volumetric self-sufficiency in oil supply, but is not effectively self-sufficient, since most of its locally extracted oil is