Nuclear power will continue to grow

Advertisement/Advertising – This article is distributed on behalf of Uranium Energy Corp. and Uranium Royalty Corp., with which SRC swiss resource capital AG has paid IR consulting agreements. Creator: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: March 3, 2026, 4:00 p.m. Zurich/Berlin

Last year, nuclear energy generated 1.2 percent more electricity than in the previous year. This was due to reactors being recommissioned, new capacity and higher production. The International Energy Agency expects nuclear energy to grow by an average of 2.8 percent per year until at least 2030. That would be twice as much as in the years 2021 to 2025. New reactors in China, India and South Korea are primarily responsible for this.

The recommissioning of reactors in Japan is also responsible for this. The world’s largest nuclear power plant is the Kashiwazaki-Kariwa Nuclear Power Plant in Japan. Currently, the output of Unit 6 is to be gradually increased. Commercial operation is then scheduled to begin on March 18. In France, high energy production from nuclear power is stable. By 2030, almost 30 gigawatts of new nuclear energy capacity is to be created there through the construction of six new nuclear reactors. And in China, according to forecasts, nuclear power production will increase by an average of almost six percent annually until 2030.

Electrification, for example through electric vehicles, is advancing, and with it, energy demand is rising. Even on long winter nights, a secure and sufficient energy supply is necessary, and nuclear power can provide this. And doing without our own plants does not lead to less nuclear energy. Consequently, uranium consumption must increase, which is positive for uranium companies.

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. The company is debt-free and is now the only US supplier that can deliver uranium and uranium hexafluoride (used in uranium enrichment).

Uranium Royalty – https://www.commodity-tv.com/ondemand/companies/profil/uranium-royalty-corp/ – is unique for investors seeking diversification, as it is the only royalty company in the uranium industry. Uranium Royalty focuses on strategic investments in uranium holdings, including royalties, streaming rights, debt and equity in uranium companies, and physical uranium transactions.

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

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: Uranium Energy, Uranium Royalty,

https://www.nuklearforum.ch/de/news/iea-kernenergie-2025-mit-neuem-produktionsrekord/;

https://www.nuklearforum.ch/de/news/japan-wiederinbetriebnahme-von-kashiwazaki-kariwa-6-fuer-testbetrieb-erfolgt/;

https://www.nuklearforum.ch/de/news/frankreich-veroeffentlicht-energie-fahrplan-mit-sechs-neuen-kernreaktoren/;

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

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