EnergyReader · 2026-08-08 23:10

Goldman Flags 2.3 Billion Pound Uranium Supply Gap as Natural Reactor Programs Expand

By EnergyReader Newsroom · August 8, 2026

The URA uranium exchange-traded fund stood at $44.91 as of August 8, 2026, up 3.64%, a gain that aligns with a demand forecast Goldman Sachs formalized in May (2026-05-19) — the bank's first explicit incorporation of small modular reactors into its uranium supply-and-demand model. Analyst Brian Lee projected cumulative SMR deployments of nearly 46 gigawatts by 2045. That addition lifted Goldman's 2045 nuclear generation forecast by about 6% and layered 62 million pounds of new uranium demand on top of prior long-term estimates, a 17% upside to the bank's earlier figures.

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