Mar. 12 at 9:39 PM
Global "nuclear renaissance" - initially driven by climate goals & AI power demands—is accelerating due to back-to-back geopolitical shocks: Russia-Ukraine war & now closure of the Strait of Hormuz - forcing a pivot toward energy independence.
Urenco CEO: “The supply crisis in the Middle East will refocus policymakers and industry on energy security and the need to have some form of baseload power in countries that is independent from supply threats. This will make deployment of nuclear energy even more important . . . as countries seek energy independence"
EU Commission President: Reducing Europe’s nuclear sector was a “strategic mistake”
France expanded their nuclear fleets after twin oil crises in the 1970s
President Trump has pledged to slash regulation & invest tens of billions of dollars to reopen & build new fleets of reactors - he set a goal of quadrupling US atomic energy capacity by 2050
$CCJ $LEU $BAM $CEG $OKLO