URANIUM 1.07% $27.80 uranium futures

I don't know where the silly notion came from that coal and oil...

  1. 5,311 Posts.
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    I don't know where the silly notion came from that coal and oil have nothing to do with uranium. They are all linked as parts of the energy mix and the economics of that mix are changing rapidly. As carbon pricing rolls out worldwide, uranium becomes more and more economic as a source of power. Chernobyl effectively stopped nuclear power rollouts for a decade or more but the Fukushima disaster is different for a multitude of reasons. There is now an urgent need for low carbon energy that was not recognised twenty years ago. There are now gen3+reactors being built that are many orders of magnitude safer designs that Fukushima.

    Nuclear power is not going away. My expectation is for a slowdown in the rollout over the next three years and then a significant acceleration as the economic and safety aspects of modern nuclear power are recognised.
 
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