Interesting article...

Interesting article

http://www.uraniumseek.com/news/UraniumSeek/1280502367.php.
Fairly bullish on balance I would have said.

Supply side, two key features
- cold war uranium (about to run out ?)
- significant Kazakhstan expansion (scope for disruption ?)

Demand
- Speaks for itself, very useful,although slightly dated stats in this article from Feb 2010.

http://www.world-nuclear.org/info/inf17.html

A notable extract:

"Many countries with existing nuclear power programs(Argentina, Brazil, Bulgaria, Canada, France, Russia, China, India, Pakistan, Japan, Romania, Slovakia, South Korea, South Africa, Ukraine, UK, USA) have plans to build new power reactors (beyond those now under construction).

In all, over 130 power reactors with a total net capacity of almost 150,000 MWe are planned and over 250 more are proposed. Rising gas prices and greenhouse constraints on coal have combined to put nuclear power back on the agenda for projected new capacity in both Europe and North America.

USA - there are proposals for over twenty new reactors and the first 17 combined construction and operating licences for these have been applied for....and a further proposal is for two ABWR units. It is expected that 4 to 8 new reactors will be on line by 2020.

Canada - there are plans to build up to 3500 MWe of new capacity in Ontario, and proposals for similar capacity in Alberta and one large reactor in New Brunswick.

Finland - construction is now under way on a fifth, very large reactor which will come on line in 2012, and plans are firming for another large one to follow it.

France is building a similar 1600 MWe unit at Flamanville, for operation from 2012, and a second is to follow it at Penly.

UK - four similar 1600 MWe units are planned for operation by 2019, and a further 6000 MWe is proposed.

Romania's second power reactor istarted up in 2007, and plans are being implemented for two further Canadian units to operate by 2017.

Slovakia is completing two 470 MWe units at Mochovce, to operate from 2011-12.

Bulgaria is planning to start building two 1000 MWe Russian reactors at Belene.

Russia - six large reactors are under active construction, one being a large fast neutron reactor. Seven further reactors are then planned to replace some existing plants, and by 2016 ten new reactors totalling at least 9.8 GWe should be operating. Further reactors are planned to add new capacity by 2020. This will increase the country's present 21.7 GWe nuclear power capacity to 43 GWe about 2020.

Poland is planning some nuclear power capacity but initially is likely to join a joint project in Lithuania, with Estonia and Latvia.

South Korea plans to bring a further eight reactors into operation by 2016, giving total new capacity of 9200 MWe.

Japan has one reactor under construction and another four likely to start building by mid 2011. It also has plans and, in most cases, designated sites and announced timetables for a further nine power reactors, totalling over 13,000 MWe which are expected to come on line by 2020.

China, now with eleven operating reactors on the mainland, the country is well into the next phase of its nuclear power program. Some 22 reactors are either under construction or likely to be so by the end of 2009. These include the world's first Westinghouse AP1000 units and a demonstration high-temperature gas-cooled reactor plant. Another 27 units are planned, with construction due to start within three years. China aims at least to quadruple its nuclear capacity from that operating and under construction by 2020.

Taiwan - Taipower is building two advanced BWRs at Lungmen.

India has six reactors under construction and expected to be completed by 2010. Ten further units are planned, and plans for more - including western and Russian designs - are taking shape following the lifting of trade restrictions.

Pakistan has a second 300 MWe reactor under construction at Chasma, financed by China. There are plans for more Chinese power reactors.

In Kazakhstan, a joint venture with Russia's Atomstroyexport envisages development and marketing of innovative small and medium-sized reactors, starting with a 300 MWe Russian design as baseline for Kazakh units.

Iran - in 1995 Iran signed an agreement with Russia to complete a 1000 MWe PWR at Bushehr. Construction is well advanced.

United Arab Emirates has awarded a $20.4 billion contract to a South Korean consortium to build four 1400 MWe reactors by 2020.

Indonesia plans to start constructing a 2000 MWe nuclear power station.

Vietnam is also considering its first nuclear power venture, to be commissioned by 2017."

The list is long - looks very much to me like the renaissance is on.