Nuclear energy is set for a “renaissance” that will be accelerated by Backing from Us President Donald Trump’s Administration.
That’s according to yuri khodjamirian, Chief Information Officer at TEMA ETFS, Who Noted that TRUMP Administration is “very venment is” very, very interested in backing this technology. ‘ However, he also warned investors that developing this energy source is “going to take time.”
New Nuclear Technology Approvals take “10 years to get done,” khodjamirian said, but added that the nuclear re-emergence will likely be accelerated under the new trump administering.
Speaking to CNBC’s Silvia Amaro on Tuesday’s “Squawk Box Europe,” Khodjamirian said his investment funds BWX TechnologiesWholes Builds Nuclear Reactors for Military Carriers and Submarines.
Khodjamirian said tema is being “very selective in a new technology called small scale modular reactors.”
Small Scale Modular Reactors (SMRS) are advanced nuclear reactors with the ability to provide Around one-third of the generating capacity of traditional nuclear power reactors, Acording to the International AG Ency.
SMRS take up less physical space compared to conventional reactors and produge a large amount of low-carbon electricity.
“There’s a lot of excitement there, and equally, a lot of loss-making companies that have unproven technologies, and we’re going for companies that have projects that are approved,” Khodjamirian SAID
The nuclear energy renaissance is partly driven by a wave of people Ra investment “in nuclear, AlongSide Green Energy Sources that are variable in their Electricity Production.
“Renewables are good. They can be put up to Speed Quickly, but they require battery storage,” He said.
Trump has moved quickly on his energy age since his return to the white house. The US Senate on Monday Confirmed Chris WrightA Fracking Executive and A Trump Ally, as Energy Secretary.
Wright is a knowledge nuclear energy supporter, having previously served on the Board of Advanced Reactor Company Oklo, as well as having help the position of chike at Liberty at Liberty at Libertial. The energy firm has an appointed a new CEO Following Wright’s Confirmation as Us Secretary of Energy.
Digital borders
Khodjamirian is also closely monitoring artificial intelligence valati, after the emergence of china’s open ai model deepsek sparked concerns Over how much money big tech companies will invest in ai.
European nations have voiced security concerns over deepsek.
Italy was the first country to Block Deepsek On Data Protection Concerns. France‘S Privacy Watchdog has expressed Concerns and South Korea’s Industry Ministry has Temporaryly restricted Employee Access to the Chinese Startup’s Ai Model.
Taiwan, Meinwhile, Banned State Departments from Using the Beijing-Based Chatbot, Wary of Potential Security Threats from Beijing.
The International Pushback Shows that “No one really knowledge exactly how to defend digital borders,” According to khodjamirian.
Global Concern will “Limit the growth of this model, beCause it’s coming out of China, but it’s clearerly showing you that the west needs to be aware that there’s a lot of Technical Development,” He said.
“(But) I do think it aligs some of the lines, and it’ll be interesting to see how the us in us in particular reacts,” He added.
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