Enverus’ Post

Looking forward to driving the energy conversation forward! Join me on May 8th for a discussion with nuclear experts Christopher Deir and Thompson Paul as we discuss the impact of increased nuclear generation on the uranium supply and global energy security.

“Today I can assure you that nuclear is coming back, and coming back strongly,” — Fatih Birol, Executive Director of the International Energy Agency Since COP28, global momentum for nuclear energy has continued to build, with the first Nuclear Energy Summit in Brussels bringing governments and industries together to reinforce commitments to triple nuclear energy capacity by 2050. https://lnkd.in/gQFvpVuM

You are spot on Ted O'Brien MP, your insights resonate with my recent discussions with SA Premier Peter Malinauskas who clearly recognizes the importance of a diverse energy mix for South Australia and Australia's broader digital infrastructure sectors. While we commend the strides in solar and wind energy, we must acknowledge that solely relying on these sources doesn't fully address our need for continuous, clean, and sustainable base-load power. The intermittent nature of solar and wind—where output is contingent on weather conditions—presents a significant challenge. The absence of sunlight at night and variable wind speeds can lead to substantial fluctuations in energy supply, risking potential shortages. Base-load power, offering consistent and reliable energy irrespective of weather conditions, is indispensable. It acts as the energy grid's foundation, maintaining stability and continuous availability, which is critical during peak demand or unexpected high-demand situations. Furthermore, the rapid advancements in energy storage technologies, such as batteries, are promising but not yet sufficient to meet the extensive energy demands required to power cities or regions during extended periods of low renewable output. This challenge is compounded when considering the projected 5-10 times increase in energy demand to support the burgeoning cloud computing and AI sectors. Therefore, until renewable energy can be stored and utilized on a large scale economically, incorporating base-load power sources—like nuclear, hydro, or gas with carbon capture and storage—remains crucial. These sources are pivotal in bridging the gap, ensuring a dependable energy supply, and facilitating a seamless transition to a sustainable energy future, reducing our dependence on coal. #energytransition #digitalinfrastructure

The wind behind the sails of new nuclear has never been this strong - P. Todd Noe, Microsoft It’s been a great day at the World Nuclear Association #NuclearSympo! One highlight was definitely the panel session: Achieving End-users: Decarbonisation Goals with Nuclear Energy. It was good to hear the innovative new nuclear technologies that are being developed to decarbonise different industries, from shipping to data storage. The session, moderated by Charlotte Griffiths from UNECE Sustainable Energy shared insights from panelists, His Excellency, Mohamed Al Hammadi from the Emirates Nuclear Energy Corporation (ENEC), P. Todd Noe from Microsoft, Mikal Bøe from CORE POWER (UK) Ltd and Angela Wilkinson from the World Energy Council. It’s clear that we have a real opportunity to use nuclear power to create a more sustainable future. We can’t wait to see what else is in store for this industry and how we can continue to harness its power to drive positive change. #nuclearindustry #nucleartransport #transportindustry #decarbonization #sustainability #shippingindustry #techindustry #newnuclear #nucleartechnology #decarbonizeshipping

🚨BREAKING NEWS: The head of the International Energy Agency (IEA) has told the 2024 Nuclear Energy Summit: “When I look at this data, I can assure you that nuclear is coming back and is coming back STRONGLY” This is the strongest indication yet that the world is experiencing a nuclear renaissance.

Conflicting trends for nuclear power in the United States emerged in 2023. Among the positives was the completion in July, after years of delay, of Vogtle 3, the first built-from-scratch nuclear unit constructed in the United States in decades. In December, at the COP 28 climate conference in Dubai, the United States was one of 22 signatories to a declaration that recognized the “key role” of nuclear energy in achieving net zero climate emissions. The declaration established an “aspirational” goal of tripling world nuclear capacity by 2050. Nuclear power now has a prominent seat at the climate roundtable. Learn more 👉 https://bit.ly/49EyUWi #nuclearenergy #nuclearpower

I applaud Premier Malinauskas for accepting there is no credible pathway to net-zero without zero-emissions nuclear energy. It's time for Prime Minister Albanese and Chris Bowen to finally engage in the mature conversation the Coalition is leading about the role zero-emissions nuclear could play in Australia's future energy grid as part of a balanced mix of technologies. No nuclear, no net zero.

"In this week’s installment of 'Three on Thursday,' we take a look at nuclear power. Nuclear energy is a crucial component of the global energy landscape. Unlike fossil fuels, nuclear power plants produce a substantial amount of electricity without emitting greenhouse gases, making them a key player in reducing carbon footprints and achieving net-zero emission goals." Read First Trust's full Three on Thursday article, "The Current State of Nuclear Energy," to find out more: https://lnkd.in/eFgXkW88

What will it take to support the energy transition with additional nuclear power? As explained in the commentary by my colleagues Chad Cramer, Bill Lacivita, Daniel Pacthod and Humyaun Tai, nuclear energy could help fill some critical gaps on the pathway to a secure, affordable, clean-energy future and help to address some of the risks inherent to the energy transition. Read why here: https://lnkd.in/erRrpTGx