The signal behind India’s uranium diplomacy
Most assessments of India’s ambition to reach 100 GW of nuclear capacity by 2047 focus on reactors: how many will be commissioned, which technologies will be selected, how projects will be financed and whether India’s regulatory and industrial systems can deliver at the required pace. These are necessary questions. But they overlook an earlier and [&hell
The uranium fuel chain: where the real constraint lies
Nuclear energy is attracting capital at a scale not seen in decades. Thirty-one countries have committed to tripling their nuclear capacity by 2050, with new countries pledging since governments across Europe, North America, and Asia are extending plant lifetimes, restarting mothballed reactors, and funding new builds. Hyperscalers are signing long-term powe
Nuclear and data centres: beyond the PPA
The commercial models being used to connect nuclear energy with hyperscaler demand are more complex than they appear to be and carry risks that neither side has fully priced. Between September 2024 and January 2026, the four largest technology companies by data centre scale, Alphabet, Amazon, Meta, and Microsoft, each signed agreements to access nuclear [&he
Decommissioning as a market
As of today, 226 nuclear reactors have been permanently shut down worldwide. Of those, more than 200 are in some stage of active decommissioning. Only 23 have been fully dismantled. That gap, between the number of reactors that have stopped generating power and the number whose sites have been fully remediated, tells the central story […]
What nuclear due diligence actually requires
Nuclear M&A has entered a new phase of activity. Indeed, the value of mergers and acquisitions involving the global nuclear industry in the first half of 2026 doubled to $7 billion compared with a year earlier. The European, Middle East and Africa region saw an aggregate increase in deal values from USD1.2 billion in the […]
Nuclear financing in the new era
Something structural has changed in nuclear energy finance. Between 2020 and 2025, capital flows to nuclear power grew by 50 percent. They were on course to reach approximately $75 billion in 2025 alone, compared to a 2017–2023 annual average of around $50 billion and surpassed $80 billion by the end of 2025. On June 11, […]
What nuclear procurement and project delivery can learn from aerospace
The conventional explanation for nuclear power’s cost and schedule failures runs roughly as follows: nuclear is uniquely complex, burdened by regulation, politically contested in some regions, and too capital-intensive for private markets to bear. The implication is that the solution lies in regulatory simplification, public financing, and political wi
The SMR commercial model problem
The nuclear industry has spent the past decade focused on technology. Reactor designs, safety systems, fuel types, modular construction methods, passive cooling architectures, the engineering conversation around Small Modular Reactors has become increasingly sophisticated and increasingly crowded. While over 80 SMR designs and concepts are currently under de
Nuclear energy and the industrial decarbonization imperative
Every credible net-zero pathway agrees on one thing: electricity must decarbonize. Wind, solar, and storage dominate the public conversation around the energy transition. They attract the majority of political attention, investment flows, and infrastructure planning. They are necessary. They are not sufficient. Because electricity is only part of the challen
Why nuclear desalination is the GCC’s most overlooked strategic asset
The global energy transition commands enormous attention, from boardrooms and parliaments to investment committees and international summits. Water security receives considerably less. That asymmetry is becoming difficult to justify. Water stress already affects large parts of the Middle East, North Africa, South Asia, and southern Europe. According to the W