There seems to be many who have a better understanding of current reactor technology than I have. Anyone know why there aren't thorium reactors on line? Is there some technical problem which must be overcome I'm not aware of?
The construction, operation and fueling of thorium reactors is considerably more complex.
The use of uranium fuel is well understood, and can be done simply. You can build a very basic reactor that runs on natural (unenriched) uranium, without the need for exotic materials or alloys. The British constructed a number of power reactors in the 50s, building the reactor vessels out of concrete, with a graphite core, and fuel consisting of unenriched uranium oxide powder in an aluminimum casing. Because of the great simplicity of uranium reactors (and the side benefit that they could be used to produce plutonium for weapons), they proliferated, and the designs were progressively refined.
Driven by the need for weapons, some research was done into plutonium fuel cycles, these have been little used due to the huge costs and complexities of 'reprocessing' the plutonium out of extremely radioactive waste. Only France, Japan and the UK use significnat plutonium fuel - and the UK has largely abandoned it as it's too expensive and dangerous to reprocess (compared to the amount of uranium saved) - lots of specialist remote manipulator equipment is needed, corrosive acids with intensely radioactive substances dissolved in them which are kept boiling hot by the decay heat from teh radioactivity; the complexity of reprocessing is not to be understimated.
Thorium is not a fuel in and of itself. However, when irradiated in a reactor, it is possible to convert the thorium into fuel, which can then be extracted by a reprocessing method. There is a huge amount of subtlety involved in working out how much thorium can go in, in which way it goes in, etc. (e.g. some designs require numerous different types of fuel element with different fuel/thorium blends, each of which must be loaded into different zones of the reactor for different periords of time - this is a big departure from current reactors, where there is typically one type of fuel module which are all replaced after the same amount of time)
Not only that, but thorium produces U-233 fuel, which is a very strong gamma emitter with relatively short half life, making the fresh fuel for the reactor extremely radioactive. By contrast natural (or enriched) uranium fuel can be hand made, and man-handled for delivery and loading. Even plutonium fuel is safe to handle for short periods (albeit not recommended). U-233 fuel requires an exclusion zone - all manufacturing, handling, inspection, etc. must be by remote control.
In short, thorium requires more complex reactor design, very complex fuel handling, and a nuclear reprocessing infrastructure.