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Climate neutrality needs nuclear power, so uranium is needed

(PresseBox) (Herisau, )
The share of nuclear energy in the energy mix could increase not only worldwide, but also in the EU.

Around 25 percent of electricity in the EU is generated by nuclear power plants. Renewable energies alone will not be enough to ensure a secure and reliable power supply. The camps in the EU are divided. Some are returning to nuclear energy, others are planning to phase it out and still others want to expand nuclear power. Poland, for example, is planning to go nuclear. Spain, for example, has been faced with the question of whether to extend operating times since the major power blackout recently. The original plan was to phase out nuclear energy by 2035.

However, energy autonomy and security of supply are important issues. This is why Sweden has changed its mind and now wants to build new reactors instead of phasing out nuclear power by 2023. Belgium is now also focusing on new builds. Italy and Denmark are considering a return to nuclear power. The United Kingdom is building and planning new plants. It is therefore not surprising that demand for uranium has been on the rise for several years. And it is energy-hungry countries such as China and India that are relying heavily on nuclear energy.

The USA generates the most nuclear power and US President Trump is even planning to quadruple this over the next 25 years. Nuclear power plants currently account for around 20 percent of the electricity generated in the USA. Several decrees are intended to speed up approvals, facilitate loans and support research. More of the necessary uranium is to be produced in the USA. Uranium is therefore a sought-after raw material, which should please companies such as Uranium Energy and Premier American Uranium.

Uranium Energy - https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ - is the largest licensed uranium producer in the USA and is debt-free. In addition to the ISR uranium projects in the USA, the company has other high-grade projects in Canada.

Premier American Uranium - https://www.commodity-tv.com/ondemand/companies/profil/premier-american-uranium-inc/ - has prospective uranium projects in excellent uranium regions such as Colorado, Wyoming and New Mexico.

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

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.