How Do We Power a Sustainable Future?

It comes as no surprise that global energy demands are on the rise, with a 2.3% increase observed in the last year alone—nearly twice the average annual rate of growth since 2010. According to the International Energy Agency (IEA), although there was an increase in demand for all types of fuels, fossil fuels such as natural gas, …

Rosatom moves to address Africa’s energy crisis

Reliable and affordable energy solutions require a mix of sources from renewables to nuclear, which may include inland and offshore small modular reactor solutions. Speaking during a PowerGen track at the African Utility Week conference, Dmitry Shornikov, CEO of Rosatom Central and Southern Africa highlighted the reliability and versatility of small modular nuclear power plants …

Global energy investment stabilised above USD 1.8 trillion in 2018, but security and sustainability concerns are growing

Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. The findings of the World Energy Investment 2019 report signal a growing mismatch between current trends and …

Saudi Arabia to lead a trillion dollar MENA investment splurge

The energy sector in the Middle East and North Africa will amass almost $1 trillion in investment over the next five years, as countries build out energy capabilities and pivot to renewables, according to new research. The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank with around $7 billion in total assets, provides an …

Bill Gates ‘thrilled’ by legislative boost for nuclear

The Nuclear Energy Leadership Act (NELA), bipartisan draft legislation which aims to accelerate the development of advanced nuclear technologies and re-establish US leadership in nuclear energy has been re-introduced to the US Senate. NELA was submitted on 27 March by a group of 15 senators led by Senator Lisa Murkowski of Alaska. It was previously …

Here’s why investors are starting to put uranium in the battery metal basket

It’s clear that electric cars will have a huge impact on battery metals — but not many investors realise the impact they will have on demand for uranium. Electric vehicles (or “EVs”) will be charged from mains power around the clock, dramatically increasing power demand from the electricity grid in coming years. Nuclear power is expected to play a crucial role …

Electric vehicles and opportunities for nuclear energy

The electrification of transport could potentially offer many opportunities for nuclear generation, Brandon Munro told the World Nuclear Association Symposium 2018 in London today. The acceleration in global sales of electric vehicles (EVs) over the past six years is a key litmus test signalling the reality of this shift, the CEO of Bannerman Resources said. …

Flocking to Uranium

The post Yellow Cake Debut described the capital raising effort of one of the newest players in the uranium supply chain. Yellow Cake leadership brought the aspiring intermediary to the capital market at a critical time for uranium producers.  The uranium market has been in an extended trough period since the industry peak in 2007.  At that time …