He came to power in 2019, promising to tackle state corruption. But he's found himself this week, uncomfortably close to a $100m corruption scandal. A group of officials, government ministers and businessmen are accused of arranging kickbacks using the state nuclear energy firm. One of them is the co-owner of the television production company founded by Zelenskyy.
"Before 2022, there had been the optimistic hope we had gotten past an era where it's all about enlarging territory and invading sovereign countries and we could live happily in peace having trade," says Sari Multala, Finland's Minister of Climate and the Environment. "But then, we understood that was not the case and that we had to take care of our own sovereignty, also when it comes to energy. We cannot depend on a hostile partner," she told DW.
But if look beneath the surface retail investors on Reddit, X, and other forums are keeping their bullish tone. At least as of today, they're viewing the dip as a buying opportunity. While these groups can get a fever and momentum all their own the fundamental belief that nuclear energy is the comeback kid of 2025 and beyond seems valid.
Qualcomm ( NASDAQ:QCOM) stands out as one of the lesser-appreciated semiconductor names as the AI revolution continues to play out, while other emerging tech trends also start to gain traction among growth and momentum-focused investors. Indeed, the AI race and the road towards AGI (or artificial general intelligence) seems to be on, with many hyperscalers signing deals or taking stakes in the great OpenAI, the firm that kicked off the AI boom when it unleashed ChatGPT to the world.
The move is expected to generate thousands of jobs and strengthen Britain's energy security. It is expected to be signed off during US President Donald Trump's state visit this week, with both sides hoping it will unlock billions in private investment. Prime Minister Sir Keir Starmer said the two nations were "building a golden age of nuclear" that would put them at the "forefront of global innovation".
Those in France at least will now be partly powered via a CAPN, in addition to long-term Power Purchase Agreements (PPAs) Data4 already has in place for solar and wind energy. The contract involves a "cost and risk-sharing mechanism" based on the actual volumes of energy produced - a so-called behind-the-meter arrangement where it can secure energy at a reduced cost over the long term.
Twelve thousand people are supposed to be attending Reform UK's party conference in Birmingham over three days this week (according to Reform at least), and Crossman is one of them. Their leader, Nigel Farage, has said it is ridiculous to refer to carbon dioxide as a pollutant and added: I can't tell you whether CO2 is leading to warming or not.
In 2024, nuclear reactors generated a total of 2,667 terawatt-hour (TWh) of electricity - more than any other year in history. Nuclear energy now provides about nine per cent of the world's electricity from about 440 power reactors worldwide, World Nuclear Association says. The organization calls nuclear power a 'reliable, long-term electricity supply', although it does controversially produce radioactive waste products.
Global electricity demand is growing by 4 percent annually, with significant contributions from AI-driven data centers. Equinix is securing future power through agreements with multiple nuclear companies.
People have forgotten that nuclear power stands for dedicated dead zones with nuclear waste. People who are environmentalists have forgotten about all these things that their parents and their grandparents used to know. The new generations are not up to speed on nuclear power.
A deal to build at least two nuclear reactors in Czechia was unblocked Wednesday after an appeals court dismissed a lower court ruling that blocked the government from signing.
