Uranium Week: More Capacity Required

Calls are becoming more urgent for increased nuclear capacity globally.

-Nuclear capacity a pressing issue in Europe
-New and restarted generation projects increasing
-Uranium supply remains beholden to geopolitics

The Centre for Energy and Climate at the French Institute of International Relations said last week long-term operation of nuclear power plants in Europe needs to be a strategic decision taken to maintain the future stability and resilience of the electricity grid, as the region moves toward a dominant share of intermittent renewable energy sources in its generation mix, industry consultant TradeTech reports.During the recent NuclearEurope 2023 conference held in Lyon, the director told attendees a decision is needed because as European electricity demand increases, the region may have its lowest level of available baseload capacity, particularly as baseload plants such as coal are shut down. Similar messages are emerging from Japan, Canada, the US and other countries.As unprecedented heatwaves […]

Click here to view original web page at www.fnarena.com

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.