
As COP 26 gets under way in Glasgow, Scotland, we take a closer look at uranium and the nuclear energy market. The host nation published its “Net Zero Strategy: Build Back Greener” report last month and made it clear that nuclear will play a key role in the U.K.’s achieving net-zero emissions by 2050. The U.K. aims to decarbonize the power system by 2035 and become powered entirely by clean electricity, subject to security of supply. This will be done through a portfolio mix of renewable sources (i.e., wind, solar, hydrogen) in addition to nuclear power. With respect to nuclear,