This month, the European Union voted to make nuclear a part of its green energy mix. In a majority vote, MEPs decided to allow companies to label nuclear projects as green. Although this measure won’t increase nuclear projects in Europe immediately, it could pave the way for it. With the EU giving nuclear the nod, Germany and other countries that abandoned nuclear power can cite EU policy should they decide to resume their programs.
The move by the EU is just the latest in a series of developments that look bullish for nuclear energy. Oil and gas supply is low, the UK is ramping up nuclear investments, and China is already heavily invested. Around the world, a consensus is growing that nuclear will be a vital part of the energy mix in the future.
For investors, the natural question is: “Can we get a piece of the action?” There are relatively […]
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