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Nuclear Harbors Big Dreams Despite Hurdles
Jun 12, 2024
Global nuclear industry aims to triple capacity by 2050 despite hurdles. Small modular reactors offer solutions. Fluctuations in enriched uranium prices affect enthusiasm. Analyst Chris Gadomski discusses feasibility of industry comeback. Focus on challenges and opportunities of nuclear energy, including SMRs, advanced technology, hydrogen production, and fusion advancements.
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Quick takeaways
- Small Modular Reactors offer safer, cost-effective nuclear power generation.
- Enriched uranium price fluctuations impact nuclear energy feasibility and diversification.
Deep dives
Nuclear Energy Trends and Potential Comeback
Recent interest in nuclear energy's comeback is evident with countries aiming to triple global nuclear capacity by 2050. While there's a focus on Small Modular Reactors (SMRs), challenges like enriched uranium price spikes pose questions on the feasibility. The trend towards SMRs is visible, but actual implementation and cost-effectiveness remain pivotal for nuclear's role in achieving net-zero goals.
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