Nuclear’s Back—but Uranium Supply Isn’t

From oilprice.com

The nuclear power industry will need additional uranium supply in the medium and long term to ensure adequate supply for the new era of nuclear energy. Therefore, efforts must begin immediately to secure the supply of the key nuclear fuel, the OECD Nuclear Energy Agency (NEA) and the International Atomic Energy Agency (IAEA) said in their Red Book report prepared jointly every two years. Nuclear energy has been booming since 2022 as many countries seek to add reliable but zero-carbon electricity generation capacity to meet growing power demand, including from AI and data centers. The complex geopolitical background ... (full story)