We can’t do without electricity and nuclear energy

In 2022, global energy consumption fell, but with an increase of 2.1% it was above average growth. Countries with strong economic growth in particular, such as India, Indonesia and Saudi Arabia, need more and more electricity. Carbon dioxide emissions have been rising continuously since 1960. According to forecasts, global CO2 emissions will rise to almost 43 billion tons by 2050. In 2022, it was around 37 billion tons. CO2 emissions are produced when fossil fuels are burned. Climate change calls for renewable energies and also nuclear energy to ensure a sufficient supply of electricity.

The importance of electricity and the increasing demand for it was recently demonstrated at the "Data Center World" industry meeting in Washington. Data centers will consume 460 terawatt hours of electricity globally in 2022. That is two percent of global consumption, according to the International Energy Agency. According to forecasts, data centers could consume over 800 terawatt hours by 2026. The internationally launched Earth Day, which took place again on April 22, 2024, focused on the use of energy in the communications and information industry in 2017. As a greener future is only possible with the help of nuclear energy, many governments are building and planning power plants. These need uranium. The sharp rise in the price of uranium is good news for uranium companies such as Uranium Royalty and IsoEnergy.

If you want to focus on a royalty company and thus on diversification, you should take a look at Uranium Royalty – https://www.commodity-tv.com/ondemand/companies/profil/uranium-royalty-corp/ -, the only royalty company in the uranium sector. Royalties, streaming agreements and physical uranium are in the portfolio.

IsoEnergy – https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ – is a traditional uranium company with promising uranium projects in the Athabasca Basin in Saskatchewan and Utah.

Current company information and press releases from IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -) and Uranium Royalty (- https://www.resource-capital.ch/en/companies/uranium-royalty-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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