Excellent question! Nuclear fusion (or what the International Energy Agency defines as "the process by which two light atomic nuclei combine to form a single heavier one while releasing massive amounts of energy".has been a topic of research for decades. And it's not near available for large scale commercial usage. However, there have been significant breakthroughs recently, with more realistic estimates of its potential for the mid-2030s. That's mainly on the back of the U.K.-based JET laboratory achieving more energy through a fusion process than ever before earlier this year, China pouring billions of dollars into fusion research using advanced magnets, and the US working on laser-driven fusion methods. With the nuclear energy race gaining momentum and, as we've written here, China is leading that charge from a capacity perspective, it's likely that a useable method will come from China first.
Nuclear fusion isn’t predicated on uranium, so there might not be a direct reaction regarding uranium miner forecasts from that perspective. That said, advances in fusion would still mean momentum in the nuclear sector, likely alongside fission-related infrastructure and technologies, which would impact uranium miner stock prices.
I think this idea is finally reaching critical mass, as we probably have close to 30%(?) of Americans realizing that nuclear energy is going to be the only additional source of baseload power available. Most of the people are seeing that wind power and solar power are too unreliable.
Excellent question! Nuclear fusion (or what the International Energy Agency defines as "the process by which two light atomic nuclei combine to form a single heavier one while releasing massive amounts of energy".has been a topic of research for decades. And it's not near available for large scale commercial usage. However, there have been significant breakthroughs recently, with more realistic estimates of its potential for the mid-2030s. That's mainly on the back of the U.K.-based JET laboratory achieving more energy through a fusion process than ever before earlier this year, China pouring billions of dollars into fusion research using advanced magnets, and the US working on laser-driven fusion methods. With the nuclear energy race gaining momentum and, as we've written here, China is leading that charge from a capacity perspective, it's likely that a useable method will come from China first.
Thaks a lot for the update!! So could any nuclear fusion news suddenly change uranium miners stock price predictions?
Nuclear fusion isn’t predicated on uranium, so there might not be a direct reaction regarding uranium miner forecasts from that perspective. That said, advances in fusion would still mean momentum in the nuclear sector, likely alongside fission-related infrastructure and technologies, which would impact uranium miner stock prices.
Great piece! I'm really excited about this trend.
I think this idea is finally reaching critical mass, as we probably have close to 30%(?) of Americans realizing that nuclear energy is going to be the only additional source of baseload power available. Most of the people are seeing that wind power and solar power are too unreliable.
Hi, Nomi!! Which is the nuclear fusión status? Could it be a game changer in 10-15 years?