Nuclear energy will accelerate the “Renain” with the support of US President Donald Trump’s administration.
Yuri Khodjamirian, chief information officer of Tema ETFS, said the Trump administration is “very interested in supporting the technology”. However, he also warned investors that it would take time to develop such energy.
Khodjamirian said the new nuclear technology approval would take “ten years to complete” but added that nuclear reappearance could accelerate under the new Trump administration.
Khodjamirian spoke to CNBC’s Silvia Amaro on Tuesday on “Squawk Box Europe” and said his investment fund focused on companies with a history of developing nuclear technology, such as BWX Technologyit builds nuclear reactors for military aircraft carriers and submarines.
Tema is “very selective in a new technology called a small modular reactor”, Khodjamirian said.
According to the International Atomic Energy Agency, a small modular reactor (SMR) is an advanced nuclear reactor that provides one-third of the capacity of a traditional nuclear reactor.
Compared to conventional reactors, SMR takes up less physical space and generates a lot of low-carbon electricity.
“There is a lot of excitement there, and a lot of loss-making companies with unproven technology, and we are offering companies with approved projects,” Khodjamirian said.
The chief investment officer said the nuclear revival was driven in part by a wave of people who “recognize that it is a stable, clean energy” and added that he believed “there are nuclear that needs additional investment” in addition to green energy, Changes in electricity production.
“Renewables are great. They can accelerate quickly, but they need to store batteries,” he said.
Trump has quickly followed his energy agenda since he returned to the White House. U.S. Senate confirms Chris Wright on Mondayis a fracturing executive and Trump ally, as the energy secretary.
Wright is a well-known nuclear energy supporter who previously served on the board of directors of senior reactor company Oklo and served as CEO of Liberty Energy. The energy company has since appointed a new CEO after Wright confirmed as U.S. Secretary of Energy.
Digital boundaries
After the emergence of China’s open AI model DeepSeek It has attracted people’s attention About how much is the big tech companies going to invest in AI.
European countries raised concerns about DeepSeek.
Italy is the first Cap Regarding data protection issues. FrancePrivacy regulators expressed concern that South Korea’s industry ministry temporarily restricted employee access to AI models of Chinese startups.
Meanwhile, Taiwan has banned state departments from using Beijing’s chatbots and is vigilant about potential security threats in Beijing.
According to Khodjamirian, the international backlash shows that “no one really knows how to defend the digital boundaries”.
He said the global focus will “limit the growth of the model because it comes out of China, but it clearly shows you that the West needs to realize there are a lot of technological developments.”
He added: “(But) I do think that’s some boundaries and it’s interesting to see how the U.S. reacts.”
