Amazon and Google support tripling of global nuclear power by 2050 [Yahoo! Finance]
IBERDROLA SA S/ADR (IBDRY)
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Source: Yahoo! Finance
Shale company Occidental and Japanese heavy equipment manufacturer IHI have also pledged their support, as reported by Reuters The World Nuclear Association (WNA), the organisation that facilitated the pledge, anticipates additional backing in the coming months from sectors such as maritime, aviation, and oil and gas. The latest initiative builds on the commitment made by more than 30 countries, which also set a goal to triple capacity by 2050 in 2023. Nuclear energy, a clean power source, accounts for 9% of global electricity generation from 439 reactors. Nuclear energy is becoming a key solution for energy-heavy data centres, with major tech firms signing billion-dollar deals with utilities. In January 2024, uranium oxide prices reached
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