Major Economies Expanding Their Nuclear Energy Shares … Bannerman Energy poised to capitalise

 

By: Nghiinomenwa-Vali Erastus

 

Major economic powers worldwide are ramping up their nuclear power generation capacity to meet the rising electricity demand in their respective countries.

The nuclear sector’s momentum, driven by global decarbonisation commitments and the rising energy demands of advanced technologies, is expected to sustain interest in securing long-term uranium supplies.

According to Bannerman Energy’s Quarterly Activities Report for the fourth quarter of 2024 (October–December), major economies such as the United States, China, Japan, and South Korea are expanding their nuclear energy shares significantly by 2050.