Energy Transition and Uranium Market Dynamics
1: Climate change and energy transition increasing
the focus on nuclear energy
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U
YELLOW CAKE PLC
Nuclear power generates the least CO2 equivalent emissions compared to all other power
sources
CO2 equivalent emissions per GWh over the lifecycle of a power plant (tonnes) (1)
Nuclear
820
720
490
78-230
34
4
5
Wind
Solar
Hydropower
Biomass
Natural Gas
Oil
Coal
Note: Range of emissions from biomass depend on material being combusted
Not only does nuclear generate >99% less CO2 equivalent emissions than non-renewable power sources
(natural gas, oil, and coal), but it also generates the least amount of emissions when considering other
renewable power sources traditionally considered environmentally friendly (wind and solar)
Source:
1.
Our World in Data, "Safest Sources of Energy", 2020
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