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Nuclear Power Report Sees Rosy Future for Uranium

A nuclear fuel report that was launched earlier last month at the World Nuclear Association Annual Symposium highlights that the generation capacity of nuclear energy is predicted to increase by almost 3% annually, reaching roughly 610 GWe in the next two decades. By 2030, nuclear capacity is anticipated to have reached 439 GWe. At the moment, global nuclear capacity is about 395 GWe.

This report was written by Exelon Generation’s James Nevling and Tenex’s Alexander Boytsov, with input provided by more than 80 experts from the international nuclear industry. It relies on publicly available data gathered from organizations that actively participate in the fuel cycle of nuclear energy to generate forecasts for uranium production and nuclear capacity. The scenarios included in the report — lower, upper and designated…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

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