The fact that nuclear power is part of the solution to ensure sustainable security of energy supply is coming into focus.

Even though people in this country have turned away from nuclear energy, many countries are working on expanding this form of energy generation. China alone plans to commission 47 new nuclear reactors in the next eight to ten years. The U.S. has (as of January 2023) 92 nuclear power plants that are operational, meaning they are connected to the electricity grid. Turkey is currently negotiating with China, Russia and South Korea on the planning of a second and third nuclear power plant. And negotiations should be underway with the U.S. regarding small modular reactors. Turkey is not the only country where energy demand is growing. The dependence on external sources should also be reduced and Turkey wants to become climate neutral. Since 2018, the Akkuyu nuclear power plant has been under construction in Turkey, based on a Turkish-Russian agreement, and it is expected to cost $20 billion. It is the first nuclear power plant for the country. It is expected to cover ten percent of Turkey’s electricity needs, starting around 2028.

Radical changes are needed worldwide to become climate neutral. Wind and solar energy must be expanded, and energy efficiency measures must be taken. But nuclear energy is a necessary part of the plans. In the meantime, researchers in the USA have succeeded in obtaining more energy from nuclear fusion than the plant consumed. This breakthrough in fusion technology is significant for a future of infinite clean energy. However, it is estimated that several decades will pass before this can be used commercially. Interesting companies in the uranium sector include Latitude Uranium and Uranium Energy.

Latitude Uranium’shttps://www.commodity-tv.com/ondemand/companies/profil/latitude-uranium-inc/ – uranium projects are located in Labrador and Nunavut, two excellent uranium regions.

Uranium Energyhttps://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ – can score points with projects in the USA and Canada, some of which are already operational. Uranium Energy is also well financed and has a stake in the only royalty company in the uranium sector.

Current corporate information and press releases from Uranium Energy (- https://www.resource-capital.ch/en/companies/uranium-energy-corp/ -) and Latitude Uranium (- https://www.resource-capital.ch/en/companies/latitude-uranium-inc/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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