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Benzinga
Benzinga
Business
Stjepan Kalinic

FORGOTTEN HISTORY: Nuclear expansion faces uranium crunch by 2030 - The Untold Story

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The global nuclear energy leaders have met in London, where the World Nuclear Association (WNA) is currently hosting its 50th Symposium. According to these experts, the electricity consumption by data centers next year will be roughly equivalent to that of the country of Japan. 

Thus, they believe that tripling capacity by 2050 is the bare minimum required, but a looming uranium shortage is threatening to derail the nuclear energy renaissance. As demand for fuel rises sharply, supplies from existing mines are set to decline.

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