A better world is possible – nuclear energy in vogue

In the latest IEA (International Energy Agency) report, there is optimism about achieving net zero emissions by 2050. This mainly concerns solar and nuclear energy, less so wind power. Governments are supporting wind and solar power, and increasingly now nuclear power. According to the IEA, wind power has become less important. For net-zero to become a reality by 2050, nuclear power generation would need to grow an estimated 152 TWh (terawatt-hours) per year between 2030 and 2040, it said. The United States and South Korea are particularly supportive of nuclear power. China and India also have policies that will ensure a rapid increase in nuclear power generation.

Nuclear power is in a new trend. Compared to a year ago, the predicted short-term growth of nuclear power has now increased by 60 percent. Reliable energy is important and energy demand is also growing. With an improved outlook for the global economy, the IEA projects a 3.3 percent increase in demand for electricity in 2024. The demand for nuclear power generation was set upward by six percent. Even in 2050, nuclear energy would be the third-largest source of energy after solar and wind power. In this country, the nuclear energy issue has not completely disappeared.

Radiant Energy Group believes a significant reduction in electricity and strengthening of the German economy would be possible if eight nuclear power plants were put back into operation. Even without nuclear power in Germany, the number of nuclear reactors worldwide is growing and companies with uranium projects should be able to look positively into the future. For example, Uranium Energy or Latitude Uranium.

Latitude Uranium’s – https://www.commodity-tv.com/ondemand/companies/profil/latitude-uranium-inc/ – uranium projects are located in Labrador and Nunavut in Canada. The Angilak project is one of the highest-grade uranium deposits in the world.

Uranium Energy – https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ – can score points with projects in the USA and Canada, some of which are already operational. Uranium Energy is also well financed and has a stake in the only royalty company in the uranium sector.

Current corporate information and press releases from Uranium Energy (- https://www.resource-capital.ch/en/companies/uranium-energy-corp/ -) and Latitude Uranium (- https://www.resource-capital.ch/en/companies/latitude-uranium-inc/ -).

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