Nuclear’s global renaissance, the impact of the US Inflation Reduction Act and the future supply of transition metals were all topics discussed at ETF Stream’s recent webinar in partnership with HANetf.
The webinar, titled The great power shift: Uranium, battery metals and the energy transition , started by assessing the factors behind the growing demand for nuclear power, including the increasingly tight supply of natural gas and coal on global markets.
John Ciampaglia, CEO and senior managing director at Sprott Asset Management, said factors such as rising geopolitical tensions are leaving countries vulnerable to supply shocks which could impact their energy production.
“Countries require huge quantities of natural gas and coal which they secure daily,” he said. “A nuclear power plant runs for two years continuously and people are starting to see the value of having a stable and reliable baseload of power as part of their energy mix.”Ciampaglia added the increasing […]
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