Focus on climate goals – columns

Wind and sun alone are not enough to produce enough environmentally friendly electricity for everyone.

According to calculations by McKinsey & Co., global electricity consumption will double by 2050. The demand from the transport sector and also the electricity requirements of buildings are responsible for this. Huge investments are needed to drive the planned decarbonization. According to McKinsey, it should be around 50 trillion US dollars in the next 30 years.

Wind and sun as energy sources are unpredictable and unpredictable candidates. In order to regulate their own ups and downs, electricity storage is necessary, which again makes the whole thing significantly more expensive. On the other hand, electricity generation from nuclear power plants offers regularity and precise predictability and is environmentally friendly. For example, the Climate Scientists for Nuclear group advocates nuclear energy to reduce CO2. And, even if not in Germany, the construction and planning of new nuclear power plants is in progress around the world.

The nuclear power plants need uranium. And besides gold, uranium was one of the raw materials with a very good price development. This has for example Uranium Energy – – in his projects. Located in Texas and Wyoming, several plants are already licensed and operational.

When it comes to storing electricity, battery metals are important. These include cobalt and lithium, for example, whereby the quality of the raw materials is also important. Lithium in the best battery quality Millennial lithium – – in its lithium projects in Argentina. In the Pastos Grandes project, the lithium carbonate pilot plant is currently being commissioned.

Current company information and press releases from Uranium Energy (- -) and Millennial Lithium (- -).

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