Nuclear power is set to a “renaissance” accelerated with support from US President Donald Trump's administration.
That's according to Tema ETFS chief information officer Yuri Kojamilian, who pointed out that the Trump administration is “very interested in supporting the technology.” However, he also warned investors that developing this energy source “takes time.”
Khodjamirian said it would take “10 years” to approve the new nuclear technology, but added that the nuclear re-emergence is likely to accelerate under the new Trump administration.
Khodjamirian spoke to CNBC's Silvia Amaro on Tuesday on “Squawk Box Europe,” saying his investment fund is looking at companies with a history of developing nuclear technology that is US-based. 。 BWX Technologywill build nuclear reactors for military aircraft and submarines.
Khodjamirian said Tema is “very selective with a new technology called small scale modular reactors.”
According to the International Nuclear Power Engine, small scale modular reactors (SMRs) are advanced nuclear reactors with the ability to provide about a third of the production capacity of traditional nuclear power plants.
SMRs occupy less physical space than traditional nuclear reactors and generate a large amount of low carbon electricity.
“There's a lot of excitement there, and likewise there are a lot of loss-making companies with unproven technology, and they're heading towards companies with approved projects,” Khodjamirian said. Masu.
The nuclear energy renaissance is partly driven by a wave of people who “recognize it as a stable and clean energy source,” the chief investment officer said, adding that “the nuclear weapons have an extra 'extra' “We need to invest,” he added. Along with the fluctuating green energy sources of electricity production.
“Renewables are good. They can speed up quickly, but they need to store the batteries,” he said.
Trump has moved quickly to his energy agenda since returning to the White House. The US Senate confirmed on Monday that fracking executive and Trump's ally Chris Wright as energy secretary.
Wright is a well-known nuclear energy advocate and previously served on the board of Advanced Reactor Company Oklo and held the position of CEO of Liberty Energy. The energy company has appointed a new CEO following the confirmation of Wright as the US energy secretary.
Digital boundaries
Khodjamirian is closely monitoring the volatility of artificial intelligence following the emergence of Chinese open AI model Deepseek It has sparked concerns about how much money a major tech company will invest in AI.
European countries have expressed security concerns about deep seeking.
Italy was the first country Block Deepseek Regarding data protection concerns. FrancePrivacy Watchdog has expressed concern, with South Korea's Ministry of Industry temporarily restricting employee access to the AI model of Chinese startups.
Meanwhile, Taiwan has banned the provincial department from using Beijing-based chatbots, noting potential security threats from Beijing.
According to Khodjamirian, the international pushback shows that “no one knows exactly how to protect digital boundaries.”
Global concerns “will limit the growth of this model as it comes from China, but it clearly shows that we need to be aware that there is a lot of technological development in the West,” he said. I said.
“”[But] I think it will redraw some lines and it will be interesting to see how the US responds in particular,” he added.
