In 2021, around twelve percent of the electricity generated in Germany came from nuclear power plants. Just 20 years earlier, it was still a third. Then, 33 of 36 reactor units were shut down. France generates the most electricity from nuclear power. The importance of sufficient and safe power generation should be clear to everyone, because practically everything depends on electricity. New nuclear reactors are therefore being built in many countries, because nuclear energy is essential. For example, 33 countries operate nuclear power plants, generating an average of 30 percent of their total electricity. And many countries are thinking about going nuclear. The accident in Fukushima was caused by inadequate safety techniques, and international standards were disregarded. This means that when safety standards are met, nuclear power does not have to be abandoned.
Electricity demand is rising worldwide, especially in emerging countries with major economic growth. Urbanization and a growing middle class are also contributing to rising electricity demand. As the International Atomic Energy Agency (IAEA) stated last year, the importance of nuclear energy could grow strongly in the coming decades, and with it uranium consumption. For climate protection reasons, many countries want to rely on nuclear energy. As a result, the IAEA has revised its estimates for the global expansion of nuclear energy upward for the first time in ten years. International safety standards should also apply to new advanced reactors such as small modular reactors. Uranium companies such as Uranium Energy or Labrador Uranium can be counted on to meet the rising demand for uranium.
Labrador Uranium - https://www.youtube.com/watch?v=suIB4YhMF9A - is focused on uranium projects in Labrador, Canada and has a very large land position. The company has just acquired strategically located properties.
Uranium Energy - https://www.youtube.com/watch?v=kbEklwODa9o - has established two excellent footholds, ISR projects in the US and properties in Canada (Roughrider project in the Athabasca Basin in Saskatchewan).
Current corporate information and press releases from Labrador Uranium (- https://www.resource-capital.ch/en/companies/labrador-uranium-inc/ -) and Uranium Energy (- https://www.resource-capital.ch/en/companies/uranium-energy-corp/ -).
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