Uranium Energy Corp. (UEC) and Energy Density

The story of energy, and how it has driven the development of historical economies, is largely the story of increasing energy density and scalability. From the invention of fire and the first use of wood, to the burning of coal and then oil products like kerosene and gasoline, the world has inevitably moved to those available fuels with higher energy densities, basically the amount of energy stored within a given mass of fuel. This is because energy density plays a big role in the ultimate determination of cost per unit energy. It was generally more efficient to use coal than wood, and more efficient still to use gasoline and other oil products than to use coal. Coals abundance, of course, continues to give it a cost advantage, so it isn’t going away any time soon, but the search for higher energy density remains a key factor.

It’s not enough, of course, for an energy source to simply have a high energy density. It must be a workable source of power, able to be scaled up and integrated without an unacceptably high cost. The energy density of solar power could, for example, be considered to be infinite, since light is considered, at least in normal definitions, to have energy but zero mass. And yet solar power, like wind power, is pushed almost exclusively by environmental concerns, not by efficiency comparisons with fossil fuels. This is because there continue to be technology and infrastructure issues that keep such renewable resources on the sidelines, playing no more than a supporting energy role.

In the increasingly anxious search for a way to reduce carbon emissions, the frustration of trying to find a source that is workable and efficient, with a high energy density, while also being carbon free, has led to an inescapable conclusion: Regardless of cheap coal or natural gas, nuclear power will play a major role in the world’s energy future. Nuclear fuel has an energy density thousands to millions of times higher than conventional chemical fuels, and it is also proven and scalable, with reliable sources. In addition, of course, it is essentially carbon emission free.

For Uranium Energy Corp., an emerging player holding a unique position in the nuclear power industry, it all but guarantees a positive future. UEC has not only procured the rights to a massive database of uranium exploration and mining activity in the country, allowing it to spot and grab the most promising uranium sites, the company also has its own functional uranium processing plant, a rarity in the industry.

For more information, see the company website at www.UraniumEnergy.com

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