## AI's Hidden Energy Crisis Is About to Make Uranium Miners Rich

Here's what nobody's talking about: **AI data centers are about to break the power grid**, and nuclear energy might be the only thing that saves it.

The numbers are brutal:
- Global data center electricity demand could **double by 2030**, possibly triple per DOE estimates
- US electricity demand is expected to hit record highs in 2025-2026 after 20 years of flat growth
- Nuclear plants run at **90%+ capacity** — way more efficient than solar/wind

**Why uranium matters now:**
Big Tech is already signing nuclear deals. The US government just committed **$80 billion** to new nuclear plants to win the AI race. But here's the problem: uranium supplies are already tight, and new reactors take ~10 years to build. Supply deficit incoming = prices going up.

**The play:**
The **Sprott Uranium Miners ETF (URNM)** gives you exposure to the entire uranium cycle — miners, explorers, developers, and physical uranium. Top holdings include Cameco and Kazatomprom. It's like owning the whole ecosystem instead of betting on one company.

This isn't a quick trade. It's a structural 5-10 year trend where demand keeps rising but supply stays constrained. The data center boom just accidentally made nuclear energy fashionable again.

**The catch:** 0.75% expense ratio is a bit high, and regulatory timelines are slow. But if you believe AI power demand is about to explode (and the data says it is), this sector is being seriously underpriced.