Get all your news in one place.
100's of premium titles.
One app.
Start reading
MarketBeat
MarketBeat
Business
Jeffrey Neal Johnson

The Uranium Supercycle: Top 3 Plays to Lead the Nuclear Revival

A Global Nuclear Resurgence Is Driving Uranium Demand

The global demand for electricity is exploding, driven by several powerful forces. Artificial intelligence (AI) is a significant factor. Training and running large AI models requires enormous amounts of energy. A 2023 report from the International Energy Agency (IEA) projected that data centers, cryptocurrency, and artificial intelligence combined could double their electricity consumption from 460 terawatt-hours in 2022 to over 1,000 terawatt-hours by 2026. That increase is roughly equivalent to Japan's entire electricity consumption.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.