Omasa #5 | DECEMBER 2024

Global events

BANNERMAN ENERGY | DEC 2024

Expanding the use of nuclear power through global collaboration, integrating nuclear into global decarbonisation

strategies, and fuelling the energy needs of AI … these were some of the discussion points at international events in

the past quarter.

2024 Global Uranium

Conference

October 23-24, Adelaide

ndustry leaders, policymakers, and stakeholders

met to discuss the uranium sector’s role in the

clean energy transition.

A major theme was the expected surge in

uranium demand from Artificial Intelligence (AI).

Craig Scroggie, CEO of NextDC, emphasised the

need for continuous stable electricity to support

data centres.

Bannerman Energy, Communications

Coordinator, Emma Culver, gave an overview of

the Etango Uranium project and how the project

is applying ESG (environmental, social, and

governance) to the construction process.

She focused on:

Environmental Stewardship:

In the unique Namib-Naukluft National Park,

we are minimising our environmental footprint

through careful site management, desalinated

water use, pollution controls, and a strict no-

waste policy.

Empowering Local Communities:

We have broken larger construction contracts

into smaller ones, creating direct opportunities

for local Namibian contractors to participate,

fostering community engagement and directly

benefitting the local community.

Strengthening Governance:

With rigorous contract terms, stringent

environmental standards and ESG reviews, we

ensure our project aligns with industry best

practices, stakeholder expectations and reflects

our commitment to responsible operations.

Safety & Culture:

With 15 years of zero lost-time injuries, safety is

a foundational value. We are actively building

a people-first culture through aligned values,

our quarterly newsletter (Omasa), employee

town hall meetings, and innovative training

programmes tailored to our diverse team.

2024 World Nuclear

Association Symposium

September 4-6, London

ith over 800 participants, the event

emphasised the urgent need to triple

global nuclear capacity by 2050 to meet rising

energy demands and climate goals. A major

highlight was the renewed commitment by

governments and industry leaders to expand

nuclear power through international collaboration

and investment, particularly in small modular

reactors (SMRs), which are seen as essential for

decentralised, scalable clean energy.

Key announcements included the UAE’s Barakah

Plant’s fourth unit going operational, projected

to meet 25% of the UAE’s electricity needs, and

Orano’s plans for a US-based uranium enrichment

facility. Orano is a French multinational nuclear

fuel cycle corporation.

Companies like Microsoft voiced support for

nuclear alongside renewables, citing nuclear’s

potential to provide “firm power” crucial for

consistent energy in data centres. (See our article

on page 12.)

Looking forward, the industry aims to build on

the momentum of COP28 commitments with

initiatives and partnerships leading up to COP30,

reflecting a period of rapid advancement as

nuclear energy integrates further into global

decarbonisation strategies.

GLOBAL EVENTS HIGHLIGHT

DEMAND FOR NUCLEAR