Opinion: Nuclear Energy Security – Sleep Walking Into The Next Energy Crisis?

Summary

Nuclear energy produces roughly one-fifth of electricity in the EU and USA.

The uranium market and trade routes are concentrated, making them susceptible to disruption.

A uranium supply shock could spark sky-high prices. peterschreiber.media Commentators fundamentally underappreciate the vulnerability of the West’s nuclear industry to Russia, and the sector may be about to become embroiled in the Russia-West economic conflict. The EU is debating sanctioning Russia’s nuclear sector, with the EU parliament passing a resolution by 489 votes to 36 urging European Union leaders to include sanctions on Russia’s nuclear industry in the 10 th sanctions package, which is expected before the 24 th of February. Tensions will escalate as President Putin uses all means at his disposal to secure a victory in Ukraine, including action to discourage Western support for Ukraine. Nuclear energy produces roughly one-fifth of electricity in the EU and USA. Commentators focus on Russia’s […]

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