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home / news releases / URA - Uranium builds steam - Canadian provinces announce nuclear energy plan


URA - Uranium builds steam - Canadian provinces announce nuclear energy plan

The governments of Ontario, Saskatchewan, New Brunswick and Alberta released a nuclear energy plan Monday. The provinces hope to build several small-scale nuclear reactors, the first in Ontario to begin production in 2028, with two in New Brunswick by 2030 and one in Saskatchewan.  Though nuclear energy is affordable, carbon free, and unburdened by intermittency, several European countries have shut capacity to avoid challenges associated with nuclear waste. John Gorman, President of the Canadian Nuclear Association said Monday "it's important to note, spent fuel has never hurt anyone, let alone killed anyone, in Canada or around the world." Adding that "uranium is about one million times more energy dense than coal ... the amount of uranium it would take to power our entire lives (transportation, homes, everything) would fit in a coke bottle."  Last week Boris Johnson promised nuclear energy would return to 25% of the UK's power mix. Alaska

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Uranium builds steam - Canadian provinces announce nuclear energy plan
Stock Information

Company Name: Global X Uranium
Stock Symbol: URA
Market: NYSE

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