Uranium poised to profit from Nuclear Revival

- February 9th, 2010

  The world needs power. The US Department of Energy forecasts that the United States will need 28 per cent more electricity by 2035. Overall, world energy demand is expected to increase by more than 50 per cent by 2030. How will we be able to meet this demand? The message Gale gave was clear. … Continued

 

The world needs power. The US Department of Energy forecasts that the United States will need 28 per cent more electricity by 2035. Overall, world energy demand is expected to increase by more than 50 per cent by 2030. How will we be able to meet this demand?

The message Gale gave was clear. The world needs power.  The US Department of Energy forecasts that the United States will need 28 per cent more electricity by 2035.  Overall, world energy demand is expected to increase by more than 50 per cent by 2030. How will we be able to meet this demand?  Currently, in the US, coal produces 48.5 per cent of US electricity; natural gas 21.3 per cent; and nuclear 19.6 per cent. The rest comes from hydroelectric dams and small amounts of renewable energy.

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