Ten years after Fukushima
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In 1986, there was already the nuclear accident in Chernobyl. The nuclear power plant in Fukushima burned in 2011, the world followed the super disaster and subsequently Germany decided to phase out nuclear power. At the end of 2022, the remaining nuclear power plants in Germany are to be decommissioned. To close the gap with renewable energies, significantly more wind and solar plants must be built. Otherwise, there is a threat of rising CO2 emissions.
So, ten years ago, confidence in nuclear energy had slipped into the basement. About a year after Fukushima, the operator had to admit that international standards regarding the safety of the plant had not been met.
Today, Japan continues to rely on nuclear power, while the Fukushima region is paying special attention to renewable energies. However, nuclear power is not an incalculable risk, but a necessary component in the energy mix needed to supply the world with energy. Technology is also advancing in nuclear power plants, making them safer. Numerous active and passive systems ensure safe operation. High maintenance standards and strict laws are also in place. The environmental factor is an additional argument in favor of generating energy from reactors.
A large number of new nuclear power plants are being built around the world. The raw material required for operation is uranium, which Uranium Energy and IsoEnergy, for example, have in their projects. Uranium Energy has a processing plant and five ISR uranium projects in Texas. In addition, there is the largest approved ISR uranium project in the U.S. in Wyoming and other projects as well as a ferrotitanium project in various countries.
IsoEnergy is at home with its projects in the high-grade Athabasca Basin in Saskatchewan. The focus this year is on the prospective Hurricane zone.
Current company information and press releases from Uranium Energy (https://www.resource-capital.ch/en/companies/uranium-energy-corp/) and IsoEnergy (https://www.resource-capital.ch/en/companies/iso-energy-ltd/).
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