Demand for uranium for reactors seen jumping 28% by 2030 -report
www.reuters.com
Demand for uranium in nuclear reactors is expected to climb by 28% by 2030 and nearly double by 2040 as governments ramp up nuclear power capacity to meet zero-carbon targets, the World Nuclear Association (WNA) said in a report on Thursday.

Nuclear capacity is expected to rise by 14% by 2030 and surge by 76% to 686 GWe by 2040, the report said

This is only good news if it displaces thermal coal and gas generating stations.

  • Hamartiogonic
    52·
    1 year ago

    Unfortunately, there is. Let’s think about the situation in China or India.

    They already have plenty of coal power, and the need for energy keeps on growing. If they replace coal with nuclear, their energy production can grow that way, but it’s goin to re quire lots of investments. However, in a situation like that there’s little incentive to do so when you can just keep your coal power running and build more nuclear to meet the energy needs of the country.