According to calculations, the energy transition could require an additional 400 to 800 GW of new nuclear power.
The growth of renewable energies has steadily increased in recent years and even exceeded expectations. Geothermal and tidal power, for example, can also contribute to the energy mix. But a certain amount of energy must be provided by nuclear power. Now that many nuclear reactors are getting on in years, new ones are needed for this reason alone. After all, lifetime extensions do not always help; decommissioned capacities often have to be replaced by new nuclear reactors. According to an analysis by McKinsey, demand for nuclear energy is expected to double or even triple by 2050. Stringent quality standards require skilled personnel, deliveries that meet budgets, not to mention financing. Projects in Canada, Finland, France and the U.S. have struggled with delays and cost overruns in some cases. Then, when a new power plant is ready, uranium comes into play.
When nuclear reactors were built in the past, they were complex and costly projects. Many years or even decades passed before the reactor could go online. Today, there are new technologies that promise faster construction and lower costs. These are the small modular reactors (SMRs), and then there are the so-called microgrids, which can supply remote areas or facilities with electricity. In many regions of the world, momentum is building for new nuclear power plant construction, for example in the U.S., the U.K., and South Korea. What all power plants need is uranium, and that's what companies like Consolidated Uranium or IsoEnergy have in their mining projects.
Consolidated Uranium - https://www.commodity-tv.com/ondemand/companies/profil/consolidated-uranium-inc/ - is active in Australia, Argentina, Canada and the United States. In addition, uranium and vanadium mines in Utah and Colorado will be ready for start-up in the near future.
IsoEnergy's - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - uranium projects (Laroque East, Geiger, Hawk) are located in the northeastern Athabasca Basin in Saskatchewan, an excellent uranium area.
Up-to-date corporate information and press releases from Consolidated Energy (- https://www.resource-capital.ch/en/companies/consolidated-uranium-inc/ -) and Iso Energy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).
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/
The growth of renewable energies has steadily increased in recent years and even exceeded expectations. Geothermal and tidal power, for example, can also contribute to the energy mix. But a certain amount of energy must be provided by nuclear power. Now that many nuclear reactors are getting on in years, new ones are needed for this reason alone. After all, lifetime extensions do not always help; decommissioned capacities often have to be replaced by new nuclear reactors. According to an analysis by McKinsey, demand for nuclear energy is expected to double or even triple by 2050. Stringent quality standards require skilled personnel, deliveries that meet budgets, not to mention financing. Projects in Canada, Finland, France and the U.S. have struggled with delays and cost overruns in some cases. Then, when a new power plant is ready, uranium comes into play.
When nuclear reactors were built in the past, they were complex and costly projects. Many years or even decades passed before the reactor could go online. Today, there are new technologies that promise faster construction and lower costs. These are the small modular reactors (SMRs), and then there are the so-called microgrids, which can supply remote areas or facilities with electricity. In many regions of the world, momentum is building for new nuclear power plant construction, for example in the U.S., the U.K., and South Korea. What all power plants need is uranium, and that's what companies like Consolidated Uranium or IsoEnergy have in their mining projects.
Consolidated Uranium - https://www.commodity-tv.com/ondemand/companies/profil/consolidated-uranium-inc/ - is active in Australia, Argentina, Canada and the United States. In addition, uranium and vanadium mines in Utah and Colorado will be ready for start-up in the near future.
IsoEnergy's - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ - uranium projects (Laroque East, Geiger, Hawk) are located in the northeastern Athabasca Basin in Saskatchewan, an excellent uranium area.
Up-to-date corporate information and press releases from Consolidated Energy (- https://www.resource-capital.ch/en/companies/consolidated-uranium-inc/ -) and Iso Energy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).
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/
