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 […]

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