Nuclear energy’s big comeback will get a reality check in 2024

As 2023 drew to a close, the nuclear energy market witnessed a remarkable turnaround, particularly in its primary fuel, uranium.

For the past decade, the market had been sidelined, but it appears nuclear energy is experiencing a palpable resurgence, earning its place back in the global energy discussion.

While this resurgence was marked by shifting public sentiment and governmental support, it was also underscored by significant developments and challenges in the nuclear sector. Sprott Asset Management , which specializes in precious metals and energy transition investments, explored these events in detail in its latest uranium outlook, “ What a Year for Uranium and Nuclear Energy .”

Below are the key highlights from the report , written by CEO John Ciampaglia. The resurgence of nuclear The nuclear sector’s journey from oblivion to center stage by 2023 was nothing short of dramatic. At COP26 in 2021, governments began to acknowledge nuclear power as a […]

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