Public Education Key to Nuclear Energy Acceptance, Forum Energy Metals CEO Says

Public education is necessary to support the development and growth of the nuclear energy sector as a sustainable, low-carbon alternative to fossil fuel-based power generation.

In an interview with Investing News Network, Rick Mazur, president and CEO of Forum Energy Metals (TSXV:FMC), outlined the factors that are driving renewed interest in nuclear energy and how public education can shape its growth.

“The public needs to know that to meet this net-zero 2050 carbon-free economy, nuclear energy is a safe and secure alternative to producing power by oil, coal and natural gas to reduce fossil fuel consumption,” Mazur said.

Forum Energy Metals is a Vancouver-based company focused on uranium exploration in the Athabasca Basin and Thelon Basin in Canada. Uranium is the primary fuel used for nuclear power plants.

Growing demand for uranium is being fueled by increased momentum for nuclear energy, which industry observers believe will be instrumental in achieving global net-zero emissions goals. However, nuclear power plants still incite public safety concerns, mainly due to accidents that have occurred in recent history, such as the Fukushima nuclear accident.

Mazur said public education should do more to allay safety concerns around nuclear energy.

“Nuclear energy has been around for over 50 years. It’s a very safe and highly engineered endeavor,” he said. He added that nuclear power is gaining more mainstream acceptance, citing the European Union’s taxonomy on sustainable energy development, which includes nuclear power as a sustainable venture.

In the interview, Mazur also discusses the need for public understanding of energy security, the need to develop stable and secure uranium supply and sustainability in uranium production.

Watch the full interview with Forum Energy Metals CEO Rick Mazur above.

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