Uranium demand set to outpace supply

- September 11th, 2009

Uranium Investing News & U3o8.biz report in the coming decade uranium demand will outweigh uranium supply according to UxC, World Nuclear News & International Atomic Energy Association. China and India will be the main drivers behind rising demand levels as together they have 28 reactors currently operating, 22 under construction and 58 new reactors expected … Continued

Uranium Investing News & U3o8.biz report in the coming decade uranium demand will outweigh uranium supply according to UxC, World Nuclear News & International Atomic Energy Association.

China and India will be the main drivers behind rising demand levels as together they have 28 reactors currently operating, 22 under construction and 58 new reactors expected to come on line over the next eight years, according to the WNA.

The WNA’s latest report, The Global Nuclear Fuel Market Supply and Demand 2009-2030, sees a best case scenario of a 558 GWe in world nuclear capacity by 2020 and 818 GWe by 2030.

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