Westinghouse sale signals arrival of a new nuclear age
Nuclear power appears to be entering a renaissance phase. According to the International Energy Agency , nuclear power generation needs to more than double by 2050 to help the world meet global warming reduction goals.after the Fukushima meltdown 11 years ago, clearing the way for shuttered plants to reopen and new ones to be constructed.that there's never been a better time to get into nuclear, though keep in mind that his organization manufactures uranium fuel for such facilities.
"We're witnessing some of the best market fundamentals we've ever seen in the nuclear energy sector. [It is] becoming increasingly important in a world that prioritizes electrification, decarbonization and energy security," Gitzel said. Cameco and Brookfield Renewable also talked up the construction of utility-scale and modular nuclear power generators. Smaller reactors are being developed, including a molten salt reactor that can
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