“Bring Your Own Generation” (BYOG) is emerging as a defining shift for nuclear power in the United States.
While policy support and regulatory reform are accelerating reactor approvals, technology companies are increasingly being encouraged to directly fund new nuclear capacity rather than relying on utilities or governments. This transfer of construction risk represents a meaningful change in how new reactors may be financed and deployed.
At the same time, the uranium market continues to face a long-running primary supply deficit, while electricity demand is being driven higher by AI, data centres and electrification. These dynamics point to sustained long-term demand across the nuclear fuel cycle.
At Tribeca, this is why the Nuclear Energy Opportunities Strategy is increasingly focused on nuclear innovation across fuel services, power generation and enabling technologies – not just uranium miners.
We view this as a structural, multi-year theme rather than a short-term commodity cycle.
Read more on Guy Keller‘s interview with Anna Dadic from Livewire Markets: “More bullish than ever” – the rise and rise of uranium and the ASX stocks to watch