Nuclear power, solar and wind energy Down Under

Nuclear power, solar and wind energy Down Under

In Australia, too, residents are struggling with the high cost of living and an energy crisis.

In Australia, uranium has been banned as an energy source since the 1990s. But nuclear power plants are now an issue. There are elections next year and the conservative opposition is not averse to nuclear power. The leader of the Liberal party wants to build seven nuclear power plants and invest in two mini-reactors. Australia is still a long way from its plan to achieve net-zero electricity generation and lower electricity bills by 2050. The country is one of the world's largest exporters of fossil fuels. Although the number of private solar installations is increasing, not much has happened in terms of the development of large solar and wind power plants. Yet Australia has the best climatic conditions. However, an immensely large solar park has now been approved, although not all permits have yet been granted. It is estimated that this will take until 2027. The solar park is to extend over 12,400 hectares. Four gigawatts are to cover domestic electricity consumption, while the remaining two gigawatts are intended for transportation to Singapore. If the opposition comes to power next year, Australia could have nuclear power for the first time in its history.

Today, countries that have nuclear energy want more of it. And many countries that still live without it want it. At the UN Climate Change Conference in Baku, the head of the International Atomic Energy Agency, Rafael Grossi, once again spoke out clearly in favor of the benefits of nuclear energy. Many countries around the world, including many in the EU, want to rely more heavily on nuclear energy. Uranium investments could now be worthwhile, for example in Cosa Resources or Uranium Royalty.

Cosa Resources - https://www.commodity-tv.com/ondemand/companies/profil/cosa-resources-corp/ - and its uranium projects are located in the famous Athabasca Basin in Saskatchewan. The portfolio includes approximately 216,000 hectares of land near known uranium corridors. The company has experience and success in Saskatchewan.

Uranium Royalty - https://www.commodity-tv.com/ondemand/companies/profil/uranium-royalty-corp/ - is the only royalty company to shine in the uranium sector. The company has recently added a royalty on uranium projects in Saskatchewan to its portfolio.

Current company information and press releases from

Uranium Royalty (https://www.resource-capital.ch/en/companies/uranium-royalty-corp/ ) and Cosa Resources (https://www.resource-capital.ch/en/companies/cosa-resources-corp/ ).

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