Sprott Director of ETF Product Management Steve Schoffstall joined Steve Darling from Proactive to discuss the shifting dynamics of nuclear energy and uranium markets amidst rising electricity demands driven by AI and data centers. As technology companies seek reliable and sustainable energy solutions, Schoffstall highlighted the growing partnerships between tech giants and nuclear energy providers. He noted examples such as Amazon's agreement with Talen Energy as a signal of the sector’s potential. “Nuclear energy is emerging as a key solution for clean, dependable power,” Schoffstall remarked, emphasizing its critical role in addressing the energy-intensive needs of AI development and large-scale data centers. Despite recent volatility, Schoffstall expressed optimism about the uranium market, describing it as a "continued bull market" fueled by long-term demand for nuclear energy. He discussed the geopolitical factors shaping uranium production, such as Kazakhstan's growing ties with China, and the challenges this poses for Western markets. Schoffstall also shared expectations for further domestic support for nuclear energy under the incoming Trump administration, particularly policies favoring U.S.-based energy production and investments in uranium mining. The conversation also explored international commitments made at COP29, where nations pledged to triple nuclear energy capacity by mid-century. Schoffstall pointed out that Western utilities are likely to secure long-term uranium contracts as part of efforts to strengthen energy independence and reduce reliance on foreign supply chains. As the world transitions to cleaner energy solutions, Schoffstall sees nuclear power playing an increasingly vital role, driven by both private-sector demand and government initiatives. With a bullish uranium market and expanding nuclear capacity, the sector is poised for significant growth in the years ahead. #proactiveinvestors #hanetf #UraniumMinersETF #NuclearEnergy #SprottJuniorUranium #investment #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews