Decarbonization boosts prospects for nuclear industry, uranium demand: WNA

The prospects for the global nuclear power industry have improved over the last two years because of "ambitious decarbonization goals" that are likely to require significant use of low-carbon nuclear energy, driving an increase in demand for uranium that could be unmet if new mines are not developed soon, the World Nuclear Association said Sept. 8.

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The association said in its latest Nuclear Fuel report that many countries — including China, member nations of the European Union, Japan, South Korea, the UK and the US — have committed to such goals in their pursuit of carbon neutrality.In a panel discussion Sept. 8 during the 2021 WNA Symposium, held virtually this year because of the coronavirus pandemic, Pierre Bertrand, a nuclear fuel market analysis manager at EDF, said "climate change mitigation is now clearly a top priority" globally."A lot […]

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