Momentum continues to build in nuclear and uranium markets

A growing push from local politicians and business leaders for a change to Australia’s nuclear energy policy has gained outside support from a new international report on nuclear’s importance to global energy plans.

The World Nuclear Association has found that nuclear energy supplied around 10% of the world’s electricity in 2022 and around one quarter of all low-carbon clean electricity.

The World Nuclear Performance Report 2023 also highlighted nuclear’s contribution to clean energy. Asian nuclear generation growth

The report noted that Asian nuclear generation rose by 5%, with nuclear generation in the region more than doubling over the last decade.Sama Bilbao y León, director general of World Nuclear Association, says nuclear energy is a significant requirement if the world is to meet its clean energy targets.“While growth in nuclear generation in Asia is strong, elsewhere it is not growing fast enough to address the challenges of ensuring energy security, tackling climate […]

Click here to view original web page at smallcaps.com.au

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.