The nuclear renaissance interrupted by the Fukushima disaster in Japan in 2011 looks set to continue.All of the catalysts linked to the need for ‘clean’, large scale power are present and China, which pushed the majority of commodities to new highs in the recent past, is ready to do the same in the uranium space. While underfeeding at reactors and excess inventories are currently keeping spot prices suppressed, the long term picture is very different. One of China’s biggest state reactor builders has mooted the country’s total installed nuclear capacity is set to grow to 120 150GW by 2030 from just 28.3GW in 2015. This makes the recent predictions of the Asian nation building eight to 10 new reactors every year until the end of the next decade, spot on.