Friday, December 15, 2023

Energy 173, Nuclear power renaissance

Uranium prices spiking big time. More countries are pivoting to nuclear power, good, especially if they avoid intermittent solar-wind. Some reports here. Enjoy.

Uranium Markets
(Updated July 2023)

World uranium production and reactor requirements, 1945-2022, tU
(source: OECD-NEA, IAEA, World Nuclear Association)

Uranium price makes fresh decade high as forecasts grow (even) rosier
Frik Els | September 12, 2023

Uranium primed to extend rally on resurgent nuclear power, say analysts
Mrinalika Roy and Seher Dareen September 20, 2023

Uranium Prices Have Renewed Momentum as Supply Risks Mount
Rohan Reddy Oct 5, 2023

The Big News from COP28: Nuclear Energy’s Triumph
Dal B December 7, 2023

Here are the key takeaways:

Nuclear Energy Capacity to Triple: Countries are committing big time to nuclear energy. This move shows a serious effort to cut down emissions and limit global warming.

USA Joins the Party: With John Kerry at the helm, the US is all in. This global unity means more support and potential funding for nuclear projects.

Demand for Nuclear is Soaring: As demand grows, so do opportunities in nuclear technology and infrastructure. It’s the kind of stable, sustainable energy source we’ve been looking for.

New Investment Doors Opening: Top players like Google and BNB Paribas are getting involved. We’re talking about a broader, more exciting investment landscape in nuclear energy.

IAEA’s Solid Backing: The International Atomic Energy Agency is fully supporting nuclear power. That kind of endorsement is great news for investor confidence.

China Launches World's First Fourth-Generation Nuclear Reactor

Uranium Prices Hit 15-Year High at $85 Per Pound
Jennifer L, December 13, 2023

Uranium Is Finally Running Hot, and Miners Can’t Keep Up
Supply setbacks have contributed to a surge in prices of the nuclear fuel to their highest level since 2008
Rhiannon Hoyle Dec. 14, 2023

See also: 
Energy 170, Electric cooperatives and NPC, May 07, 2023
Energy 171, Nuclear power plants, many are old but still working with zero accident, July 04, 2023
Energy 172, Wind energy surprises, energy realism series, October 27, 2023.

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