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Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jörg Schulte +49 2983 974041

Nuclear power is booming

(PresseBox) (Herisau, )
In 2023, governments have committed to tripling global nuclear energy capacity.

The aim is to accelerate the transition to clean energy. Tripling nuclear energy capacity by 2050 means that capacity must increase from around 400 GWe (gigawatts of electricity) today to 1,200 GWe. And that's quite a lot. If you deduct power plants that may be decommissioned, there are still around 40 GWe that need to be added each year. Perhaps the small modular reactors, the so-called SMRs, will begin their triumphal march. Not only new construction projects and refurbishments are necessary, but also a secure supply of uranium. Sufficient and functioning uranium supply chains are therefore required, with geopolitical developments also playing a role. Various factors therefore have an impact on the supply chains and innovation and diversification are required within the supply chains. The World Nuclear Association is also committed to generating new nuclear technologies and ensuring the long-term operation of nuclear power plants.

Australia is one of the countries that are intensively involved with nuclear power. So far, there is no nuclear power plant down under. The future Australian coalition government there has presented a nuclear plan with seven future sites for nuclear power plants. The financial aspects are still being discussed. This is because around 90 percent of base load electricity generation, mainly from coal-fired power plants, will soon reach the end of its life. A balanced electricity mix of renewable energies and gas, together with nuclear power, is the plan. What the nuclear power plants planned and under construction worldwide urgently need is uranium.

Investors can bet on Uranium Royalty - https://www.commodity-tv.com/ondemand/companies/profil/uranium-royalty-corp/ -, the only royalty company in the uranium sector, and thus secure the company's own diversification.

Premier American Uranium - https://www.commodity-tv.com/ondemand/companies/profil/premier-american-uranium-inc/ - is a uranium company with high-quality uranium projects in Wyoming and Colorado.

Current company information and press releases from

Premier American Uranium (- https://www.resource-capital.ch/en/companies/premier-american-uranium-corp/ -) and Uranium Royalty (- https://www.resource-capital.ch/en/companies/uranium-royalty-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/

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.