After Three Decades of Stagnation, Nuclear Energy Generation Is Booming

Uranium Demand Is Increasing

Date:

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Author: Funds Society

"By 2040, our analysts forecast that global nuclear generation capacity will increase from 378 gigawatts (GW) to 575 GW, representing a rise in nuclear energy’s share of the global electricity mix from approximately 9% to 12%"

In total, Goldman Sachs forecasts a uranium supply deficit of approximately 17,500 tonnes by 2030 and anticipates that it will increase "to approximately 100,000 tonnes by 2045, as new reactors come online"