Electricity generation from nuclear energy continues to rise

In 2025, global electricity generation from nuclear power is expected to reach a new record high. Electricity production in India, China, France, and South Korea has contributed significantly to this. Japan’s nuclear power production has also recovered, with the Fukushima disaster now a thing of the past. Incidentally, most nuclear power plants are located in Europe, namely 39 percent.  Asia is particularly eager to build new nuclear reactors. And once the nuclear reactors currently under construction and those that have already been approved are operational, Asia will become the world’s most important nuclear power plant location, accounting for around 246,000 MW of the global nuclear energy capacity of 590,000 MW.

The US also has a not inconsiderable capacity of nuclear power plants in the development phase. Uranium has been added to the list of critical minerals for 2025 in the US. Demand for uranium will continue to rise due to the global expansion of nuclear energy and the desire for energy independence. Nuclear energy has been virtually rediscovered because it offers a reliable base load supply and a low carbon footprint.

According to the World Nuclear Association and BofA Global Research, the number of nuclear reactors worldwide could more than double due to those currently under construction and planned. Companies that mine, process, or trade uranium should benefit from this development, such as Uranium Energy or IsoEnergy.

IsoEnergy – https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ – is considered a uranium producer that could go into production in the near future and has high-grade uranium properties in Saskatchewan. Other uranium projects are located in Australia, Argentina, and the US. The Larocque East project in the Athabasca Basin in Saskatchewan is particularly high-grade.

Uranium Energy – https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ – has diversified uranium holdings and ISR uranium projects in the US, with additional projects in Canada. Uranium mining, processing, refining, and conversion are part of the business.

Current company information and press releases from Uranium Energy (- https://www.resource-capital.ch/en/companies/uranium-energy-corp/ -) and IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).

Further information is also available in our new uranium metal report at the following link:

https://www.resource-capital.ch/en/reports/view/uran-report-2022-11-update/

Sources:

https://orf.at/stories/3381983/;

https://www.resource-capital.ch/en/reports/view/uran-report-2022-11-update/

In accordance with Section 85 of the German Securities Trading Act (WpHG) in conjunction with Article 20 of Regulation (EU) 2016/958 (MAR), we hereby disclose that authors/employees/affiliated companies of SRC swiss resource capital AG may hold positions (long/short) in issuers discussed. Remuneration/relationship: IR contracts/advertorial: Own positions (author): none; SRC net position: less than 0.5%; issuer’s stake in SRC ≥ 5%: no. Update policy: no obligation to update. No guarantee for the translation into German. Only the English version of this news release is authoritative.

Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly draw attention to the risks involved in securities trading. No liability can be accepted for any damage arising from the use of this blog. We would like to point out that shares and, in particular, warrant investments are generally associated with risk. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the accuracy of all content. Despite the utmost care, I expressly reserve the right to errors, particularly with regard to figures and prices. The information contained herein comes from sources that are considered reliable, but does not claim to be accurate or complete. Due to court rulings, the content of linked external sites is also our responsibility (e.g., Hamburg Regional Court, in its ruling of May 12, 1998 – 312 O 85/98), as long as we do not expressly distance ourselves from them. Despite careful content control, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of SRC swiss resource capital AG, which is available at https://www.resource-capital.ch/de/disclaimer-agb/, applies additionally.