The AI Arms Race Is Cracking Open The Nuclear Fuel Cycle Authored by Michael Kern via OilPrice.com, The abstract “cloud” of artificial intelligence possesses a massive, structural demand for 24/7 “baseload” power that is equivalent to adding Germany’s entire power grid by 2026, a need intermittent renewables cannot meet. Decades of underinvestment have resulted in a widening uranium supply deficit, with mined uranium expected to meet less than 75% of future reactor needs and an incentive price of $135/lb required to restart mothballed mines. Big Tech hyperscalers are privatizing energy security by locking in clean baseload nuclear power via long-term… — Continue at ZeroHedge News : Read More
