The Best Nuclear Energy Stocks To Buy in January 2023

The growth of nuclear energy will be a massive story over the next few decades.

The world is moving away from fossil fuels in a significant way, but there are a few problems with mothballing power plants that burn coal or natural gas. Greener versions of power — like wind turbines or solar projects — aren’t nearly as environmentally friendly as first advertised, thanks to current manufacturing practices. Besides, even after a decade of serious investment into renewables, wind and solar power make up just 10.7% of global power generation.

Nuclear energy solves many of these problems. Nuclear plants are long-life assets that can last decades longer than solar or wind farms. Fuel is abundant and is easily transported, thanks to its relatively close proximity to uranium production. Two significant risks — meltdown and nuclear waste — have significantly improved over time, especially after Fukushima in 2011. It’s still not foolproof, […]

About the author: StockMan

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