Yurii Bakarzhiev, Chief Executive Officer of LLC “Nuclear Energy Systems of Ukraine” (AESU), participated in the 50th World Nuclear Symposium (World Nuclear Symposium 50), held in London on September 3–5, 2025. The event was organized by the World Nuclear Association (WNA). This year’s theme, “Energizing the Future Now”, brought together over 1,100 leaders of the nuclear industry, policymakers, innovators, and representatives of financial institutions from around the world.
“It is the largest global forum that unites all participants of the nuclear value chain — from uranium mining to power generation and the recycling of spent materials,” noted Yurii Bakarzhiev.

This year’s symposium focused on the global energy transition. To limit climate impact by 2040, nuclear power generation must triple — from 372 GW today to 966 GW. Achieving this goal requires the expansion of the entire production chain, particularly uranium mining, as current production volumes are already insufficient to meet projected demand.
According to WNA forecasts, by 2040 nuclear power plants will require approximately 150,000 tonnes of uranium, while production may only reach 60,000–70,000 tonnes. Even today, global nuclear generation is supplied with only about 70% of the natural uranium needed, and this deficit is expected to grow.

“Existing production capacities do not cover industry demand, and some major deposits may be depleted as early as the 2030s. Therefore, new investment solutions are urgently needed, since developing a uranium project typically takes 10–20 years,” emphasized Bakarzhiev.

As part of BGV Group Management, AESU is one of the few Ukrainian companies capable of professionally implementing uranium projects. The company brings together specialists with extensive experience in the nuclear sector and is ready to invest private capital in both the development of new projects and the overall growth of Ukraine’s uranium industry, as well as to cooperate with international investors in this field.

“At the symposium, I had the opportunity to communicate with both major strategic partners and smaller investment firms. However, investments are not made in abstract potential — they are directed toward specific projects with transparent resource bases, clear government policies, and strong social and environmental responsibility,” emphasized Bakarzhiev.
“Ukraine has a unique opportunity to strengthen its role in the international uranium sector. Through private investment, expertise, and professional capacity, the country can restore its status as one of the leading players on the global market.”