The age of artificial intelligence has only just begun and is heralding a comeback for nuclear energy. According to an updated report, the US will need an additional 700 to 900 gigawatts of clean and environmentally friendly electricity. Data centers for artificial intelligence are expected to account for 20 percent of the increased electricity demand. AI is becoming an increasingly important part of the modern economy. Companies such as Microsoft and Amazon rely on nuclear power. Nuclear power was extremely unpopular for many years, not only in the USA, but times have now changed.
A record amount of nuclear energy is set to be produced as early as 2025. More than half of this will probably be produced in China and India, according to the International Energy Agency. In order to meet the demand for increasing and at the same time safe and environmentally friendly energy, the focus is on nuclear energy. This leads to a growing demand for uranium. Uranium companies such as Uranium Energy and Cosa Resources should be pleased.
Uranium Energy - https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ - is involved in low-cost, environmentally friendly ISR uranium projects in the USA. Further uranium projects are located in Canada.
Cosa Resources - https://www.commodity-tv.com/ondemand/companies/profil/cosa-resources-corp/ - and its uranium projects are located in the famous Athabasca Basin in Saskatchewan. The portfolio includes approximately 216,000 hectares of land near known uranium corridors.
Current company information and press releases from Cosa Resources (- https://www.resource-capital.ch/en/companies/cosa-resources-corp/ -) and Uranium Energy (- https://www.resource-capital.ch/en/companies/uranium-energy-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/