Nuclear industry seeing ‘unprecedented’ instances of customers driving demand amid AI enthusiasm: executive chairman

📆 17/10/2024 01:06 p. m.
📰 BNNBloomberg

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Following a series of announcements from big tech companies investing in nuclear power, one energy executive says it is the first time the nuclear power industry is being met with urgent demand.

Nuclear industry seeing ‘unprecedented’ instances of customers driving demand amid AI enthusiasm: executive chairmanBrandon Munro, executive chairman of Bannerman Energy, joins and discussess the focus on demand in the uranium market.

On Microsoft’s announcement, Bannerman Energy Executive Chairman Brandon Munro told BNN Bloomberg in a Thursday interview it was “yet another announcement in a string of positive demand developments for nuclear power.” “It’s the first time that the nuclear power sector is being led forward by urgent customer demand and in itself that will add significantly to the demand for uranium over the next five to 10 years.”

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