Look to Asia for the Big Nuclear Renaissance

Barchart · 10/15 18:14
After decades of being treated as the black sheep of the energy universe, nuclear energy is enjoying an unusual renaissance thanks to the global energy crisis triggered by Russia’s war in Ukraine as well as high power demand.   Back in March, a total of 34  countries, including the U.S.,pledged to install more nuclear capacity in a bid to lower their reliance on fossil fuels. In a highly unusual move, the U.S. federal government has agreed to provide a $1.5 billion loan to restart a nuclear power plant in southwestern Michigan,…