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The world wants to build more nuclear power plants as a way to solve the climate crisis. One problem: Uranium, used to power those plants, is in short supply. 22 countries want to triple nuclear ...
Uranium Energy has an operating business in the nuclear power space and the opportunity for growth ahead. But the company's earnings, and likely its stock price, will fluctuate along with uranium ...
Nuclear stocks are glowing green.. Uranium mining companies such as Cameco, Denison Mines, and Uranium Energy have marched higher in lockstep over the past 52 weeks, rising 26%, 28%, and 30% ...
A sample of thorium. Thorium-based nuclear power generation is fueled primarily by the nuclear fission of the isotope uranium-233 produced from the fertile element thorium.A thorium fuel cycle can offer several potential advantages over a uranium fuel cycle [Note 1] —including the much greater abundance of thorium found on Earth, superior physical and nuclear fuel properties, and reduced ...
Nuclear power's contribution to global energy production was about 4% in 2023. This is a little more than wind power, which provided 3.5% of global energy in 2023. [167] Nuclear power's share of global electricity production has fallen from 16.5% in 1997, in large part because the economics of nuclear power have become more difficult. [168]
Considerable nuclear power capacities have been developed, notably in Belgium, Finland, France, Germany, Spain, Sweden, Switzerland, and the UK. In many countries development of nuclear power has been stopped and phased out by legal actions. In Italy the use of nuclear power was barred by a referendum in 1987; this is now under revision. [137]
The IEA report was a boon to nuclear stocks across the board, including Cameco, Oklo, and Nano. Cameco is banking on strong uranium prices. Cameco is one of the largest uranium producers in the world.
Nuclear power plants have a carbon footprint comparable to that of renewable energy such as solar farms and wind farms, [7] [8] and much lower than fossil fuels such as natural gas and coal. Nuclear power plants are among the safest modes of electricity generation, [9] comparable to solar and wind power plants. [10]