Trump to help the Renaissance of Nuclear Energy: Khodjamirian of theme ETFS

Nuclear energy is established for a “rebirth” that will accelerate when supporting the administration of the president of the United States.

That is according to Yuri Khodjamirian, Director of Information on theme ETFS, who said that the Trump administration is “very, very interested in supporting this technology.” However, he also warned investors to develop this energy source “will take time.”

The new nuclear technology approvals take “10 years to become,” said Khodjamirian, but added that nuclear re -emergence will probably accelerate under the new Trump administration.

In statements to Silvia Amaro of CNBC on Tuesday “Squawk Box Europe”, Khodjamirian said that its investment fund has its eyes in companies with a history of nuclear technology development, such as the United States. BWX technologiesthat builds nuclear reactors for military and submarine carriers.

Khodjamirian said that theme is being “very selective in a new technology called small -scale modular reactors.”

Modular small -scale reactors (SMRs) are advanced nuclear reactors with the ability to provide about a third of traditional nuclear energy generation capacity, according to the International Atomic Energy Agency.

SMR occupy less physical space compared to conventional reactors and produce a large amount of low carbon electricity.

“There is a lot of emotion there, and also, many companies that make losses that have unproven technologies, and we are going to look for companies that have approved projects,” said Khodjamirian.

The rebirth of nuclear energy is partly driven by a wave of people who “realize that it is a stable and clean energy source,” said the director of investments, added that he believes that “there is a need for an investment Additional “in nuclear, along with green energy sources that are variable in its electricity production.

“Renewable energies are good. They can quickly be put at speed, but require battery storage,” he said.

Trump has moved quickly on his energy agenda since his return to the White House. The United States Senate confirmed Chris Wright on MondayA fracking executive and a Trump ally, as secretary of energy.

Wright is a well -known nuclear energy defender, who had previously served at the OKLO Advanced Reactor Company Board, in addition to having held the position of Executive Director in Liberty Energy. Since then, the energy firm has appointed a new CEO after Wright’s confirmation as Secretary of Energy of the United States.

In 2023, Wright signed a letter that supported nuclear energy.

Khodjamirian is also closely monitoring the volatility of artificial intelligence, after the appearance of China Depseek Open model caused concerns About the amount of money that large technological companies will invest in AI.

European nations have expressed security concerns about Deepseek.

Italy was the first country in block In data protection concerns. FranceThe privacy control agency has expressed concern and the Ministry of the South Korean industry has temporarily restricted employees to the startup model of the Chinese startup.

Meanwhile, Taiwan forbade state departments to use the Beijing -based chatbot, distrustful of possible Beijing security threats.

International rejection shows that “nobody really knows exactly how to defend digital borders,” according to Khodjamirian.

The global concern “will limit the growth of this model, because it is leaving China, but clearly shows that the West must be aware that there is a lot of technical development,” he said.

“(But) I think it draws some of the lines again, and it will be interesting to see how the United States reacts in particular,” he added.