![]() ![]() The company's resources will last for another 35-40 years of stable production Kazatomprom has 12% of all world uranium resources at its disposal. Kazatomprom in the uranium market as OPEC in the oil market in terms of influence. The company accounts for 22% of global production. Kazatomprom had a stable income even when the entire sector was at a loss. In the first half of 2021, when the average spot price of uranium was at $30, 40% of producers worked at a loss. The company spends $9-12 per pound on uranium mining, thanks to which it has remained profitable in the last few years at an energy price of $20-25 per pound. Kazatomprom is the largest producer with the lowest cost The appearance of uranium ETFs can lead to a multiple increase in prices, as it was in goldįrom the development of the nuclear energy sector will benefit the miners of uranium - fuel for nuclear power plants. The arrival of large investors in the spot market is provoking rising prices, as it was, for example, in gold. Emergence of large investors in physical uranium makes the market narrower, due to which the price of energy is rising. ![]() Institutional investors Sprott Physical Uranium Trust ( OTCPK:SRUUF) and Yellow Cake ( OTCQX:YLLXF) have emerged on the uranium market, which have accumulated reserves equivalent to 40% of annual uranium production. For energy obtained from coal or oil, the indicator is on average 24.6 and 18.4, respectively.Ĭomparison of the death tolls per 1 TW of power at different types of generationīarclays Research, Energy Central Institutional investors have entered the uranium market For every terawatt of nuclear power generated, there are only 0.07 premature deaths. Nuclear generation is also safer than other energy sources. Nuclear energy can have a share of 20-22% of total electricity generation by 2030 in Japan. Currently, only 9 are operating in the country. The country will restart 30 reactors shut down after the Fukushima accident. Japan assigns a decisive role to the atom in order to reduce carbon emissions.And by 2030, China can become the world leader in nuclear capacity, the growth will amount to 160-200%. The country is planning to increase nuclear capacity by 40% by 2025, this will require the construction of 20 new nuclear power plants, now there are about 50 operating in the country. China has large-scale plans for the development of nuclear energy. ![]() The EU commissioner for the internal market, Thierry Breton, said the bloc will need to invest €500 billion ($586 billion) in new nuclear energy facilities by 2050. ![]() This will help attract investment in the nuclear energy sector, as well as make the financing of NPP projects cheaper. The EU is preparing to include nuclear energy in the green list (EU green taxonomy).Many countries have already begun to assign a large role to the atom in plans to reduce CO2 emissions: At the same time, the NPP does not depend on weather conditions and can serve as a stable source of energy around the clock, unlike wind and solar energy.Ĭomparison of CO2 emissions from the generation of 1 GWh of energy with different types of generation Now, uranium prices are at the level of $40-45, but soon they may reach $70-80.The energy of the atom has the lowest CO2 emissions in comparison with other types of generation. The world has begun to recognize the environmental friendliness of the atom. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |