The world needs nuclear energy

Net zero targets cannot be achieved without nuclear power. This will increase the demand for uranium.

The transition from fossil fuels to more green energy cannot be accomplished without nuclear power. This has been recognized by many countries planning and building new nuclear power plants. One initiative, the Net Zero Nuclear initiative advocates global collaboration between industry and leaders. This is because global nuclear capacity is expected to triple by 2050. This initiative was launched in London, ahead of COP 28 (UN Climate Change Conference in Dubai, Nov. 30 – Dec.12, 2023). The goal is to recognize nuclear power as a green energy source and to accelerate the transition to low-carbon energy systems with the targeted tripling of nuclear power. Because only with more and further nuclear technologies will it be possible to achieve CO2 neutrality by 2050. It’s about clean energy and energy security.

This type of collaboration of the initiative is new, launched by the World Nuclear Association, the Emirates Nuclear Corporation and also with the support of the International Atomic Energy Agency. It aims to promote the development of nuclear energy and accelerate research and development of new nuclear technologies. Worldwide support for nuclear energy is also growing. For example, IAEA Director General Rafael Mariano Grossi also emphasizes the need to expand nuclear energy capacity, otherwise decarbonization goals cannot be achieved.

The world is in the midst of an energy crisis and unprecedented weather extremes related to climate change must be addressed. Investors who want to bet on the only low-carbon and climate-resilient energy source can look at the companies that have the necessary uranium. There would be Latitude Uranium or Consolidated Uranium, for example.

Latitude Uraniumhttps://www.commodity-tv.com/ondemand/companies/profil/latitude-uranium-inc/ – is developing uranium projects in Labrador and Nunavut. The Angilak project is one of the highest-grade uranium projects outside the Athabasca Basin.

Consolidated Uraniumhttps://www.commodity-tv.com/ondemand/companies/profil/consolidated-uranium-inc/ – owns uranium properties in Australia, Argentina, Canada and the USA. The company’s previously producing uranium and vanadium mines are located in Utah and Colorado.

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

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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