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Demand for uranium for reactors seen jumping 28% by 2030

www.reuters.com Demand for uranium for reactors seen jumping 28% by 2030 -report

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.

Demand for uranium for reactors seen jumping 28% by 2030 -report

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.

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