Nuclear Power Plants and Uranium Prices
The recent UN Climate Talks in Paris have put forward the goal of limiting the global temperature rise to two degrees Celsius by the end of the century. This is providing a strong political base for expanding the nuclear power capacity because of the critical role that nuclear power plants play in t...
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| Format: | Article |
| Language: | English |
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Nicolae Titulescu University
2016-06-01
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| Series: | Global Economic Observer |
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| Online Access: | http://www.globeco.ro/wp-content/uploads/vol/split/vol_4_no_1/geo_2016_vol4_no1_art_010.pdf |
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| author | SERGHEI MĂRGULESCU ELENA MĂRGULESCU |
| author_facet | SERGHEI MĂRGULESCU ELENA MĂRGULESCU |
| author_sort | SERGHEI MĂRGULESCU |
| collection | DOAJ |
| description | The recent UN Climate Talks in Paris have put forward the goal of limiting the global temperature rise to two degrees Celsius by the end of the century. This is providing a strong political base for expanding the nuclear power capacity because of the critical role that nuclear power plants play in the production of electricity without emissions of greenhouse gases. In all, more than a dozen countries get over 25% of their energy from nuclear power, with 437 nuclear reactors operating around the world. On top of that, there are another 71 reactors under construction, 165 planned, and 315 proposed. Global uranium demand is expected to rise 40% by 2025 and 81% by 2035. Mined supply of uranium will struggle to keep pace amid rising demand and falling secondary supplies. A cumulative supply deficit is expected to emerge by 2021 while 2016 marks a huge inflection point for the industry, beeing the first year that demand will actually exceed supplies, creating a 60,000-tonne shortfall by 2018. Over the next 10 years, we're going to see uranium prices more than double while the bull run will begin in earnest in 2016. |
| format | Article |
| id | doaj-art-d324e3943cef4b8eb56623302fa30739 |
| institution | Kabale University |
| issn | 2343-9742 2343-9750 |
| language | English |
| publishDate | 2016-06-01 |
| publisher | Nicolae Titulescu University |
| record_format | Article |
| series | Global Economic Observer |
| spelling | doaj-art-d324e3943cef4b8eb56623302fa307392025-08-20T04:02:37ZengNicolae Titulescu UniversityGlobal Economic Observer2343-97422343-97502016-06-014-8896Nuclear Power Plants and Uranium PricesSERGHEI MĂRGULESCU0ELENA MĂRGULESCU1Economic Sciences Department “Nicolae Titulescu” University of Bucharest Calea Vacaresti, No. 185Economic Sciences Department “Nicolae Titulescu” University of Bucharest Calea Vacaresti, No. 185The recent UN Climate Talks in Paris have put forward the goal of limiting the global temperature rise to two degrees Celsius by the end of the century. This is providing a strong political base for expanding the nuclear power capacity because of the critical role that nuclear power plants play in the production of electricity without emissions of greenhouse gases. In all, more than a dozen countries get over 25% of their energy from nuclear power, with 437 nuclear reactors operating around the world. On top of that, there are another 71 reactors under construction, 165 planned, and 315 proposed. Global uranium demand is expected to rise 40% by 2025 and 81% by 2035. Mined supply of uranium will struggle to keep pace amid rising demand and falling secondary supplies. A cumulative supply deficit is expected to emerge by 2021 while 2016 marks a huge inflection point for the industry, beeing the first year that demand will actually exceed supplies, creating a 60,000-tonne shortfall by 2018. Over the next 10 years, we're going to see uranium prices more than double while the bull run will begin in earnest in 2016.http://www.globeco.ro/wp-content/uploads/vol/split/vol_4_no_1/geo_2016_vol4_no1_art_010.pdfnuclear poweruranium supplyuranium demanduranium prices. |
| spellingShingle | SERGHEI MĂRGULESCU ELENA MĂRGULESCU Nuclear Power Plants and Uranium Prices Global Economic Observer nuclear power uranium supply uranium demand uranium prices. |
| title | Nuclear Power Plants and Uranium Prices |
| title_full | Nuclear Power Plants and Uranium Prices |
| title_fullStr | Nuclear Power Plants and Uranium Prices |
| title_full_unstemmed | Nuclear Power Plants and Uranium Prices |
| title_short | Nuclear Power Plants and Uranium Prices |
| title_sort | nuclear power plants and uranium prices |
| topic | nuclear power uranium supply uranium demand uranium prices. |
| url | http://www.globeco.ro/wp-content/uploads/vol/split/vol_4_no_1/geo_2016_vol4_no1_art_010.pdf |
| work_keys_str_mv | AT sergheimargulescu nuclearpowerplantsanduraniumprices AT elenamargulescu nuclearpowerplantsanduraniumprices |