Ryan Stancil,
Editor
July 25, 2022
Hindsight is 20/20, as the saying goes.
That’s something that much of the world is waking up to when it comes to energy and electricity.
Nuclear power, maligned for years and doubly so following the Fukushima disaster, has been enjoying a complete image revamp as of late.
Everyone from individual critics to entire countries are turning around and accepting that nuclear power needs to be part of energy infrastructure across the board.
There are a lot of different reasons for this, but it all comes down to reducing the worst effects of climate change.
We’ve known about the havoc that fossil fuels wreak on the environment for decades, but it's only now that national leaders seem to want to do anything about it.
That’s why there’s been increased interest in renewable energy solutions like wind and solar.
But it’s also why there’s been a growing chorus of voices saying that nuclear needs to be at the center of those energy plans in the immediate future.
Just recently, California Senator Diane Feinstein issued commentary stating that she had changed her mind about Diablo Canyon, the last nuclear plant in the state. She called for reconsideration of the plan to close the plant by 2025, citing the removal of 18,000 gigawatt-hours from the state’s grid. That’s nearly 10% of the state’s electricity.
Senator Feinstein, a longtime opponent of nuclear power, cited concern over longer, hotter summers. She also mentioned wildfires and heat waves and the resulting blackouts made worse by the theoretical closing of the plant.
This is a new trend. And it’s one that’s being echoed all over the world.
We’ve covered it in these pages before, with several countries rethinking their plans for using nuclear power.
If you’ll remember, the EU recently classified nuclear energy as “green,” making it possible to inject billions in investment dollars. As that happened, member countries began making their own plans.
Some, like Belgium, are keeping existing plants open instead of shutting them down. Some, like Poland and the Czech Republic, are building new plants. Others, like France, are doubling down on what they already have.
Even Germany, which was committed to shutting down its nuclear plants, is now talking about extending the lives of the few that remain online.
It’s the same story in Asia.
Japan is going to bring new reactors online and South Korea wants to boost power generation by nuclear power. Other countries throughout the region are following suit and China, of course, has ambitious plans that involve new nuclear energy generation.
The warnings that nuclear was the only way to meet energy demand have been around for years. Nick and Gerardo have been among the biggest supporters of — and profiters from — nuclear energy and the uranium required for it.
People only started listening recently thanks to both the worsening climate crisis and the conflict in Ukraine.
Here in the US, President Biden announced billions in aid for existing infrastructure. The advent of small modular reactors is making headlines with the promise of better affordability and more versatility concerning where they can be built.
So long story short, the trends are changing.
The voices that made nuclear power the villain are being drowned out by the voices that have long said it’s the energy of the future.
It’s taken a war, a climate crisis, and an energy crisis for us to get here, but it’s clear now that nuclear power is the future.
That’s why you’re not only going to see more investment in the infrastructure, but the commodity that makes it all possible.
All of these new reactors and plants need uranium to generate power. That means the companies that can pull it from the ground are finally going to have an incentive to do it after years of sitting on idled mines.
So prepare for uranium prices to shoot up very quickly very soon, and with it the stock prices of the companies that mine it.
As it is now, much of the uranium that the world uses comes from Russia and some of its satellite states. It goes without saying that countries going nuclear want to move away from that relationship and will look to get the yellow metal from friendlier sources.
That means firms in other countries are going to be able to take advantage and build their fortunes on this new nuclear future.
One company is set to be one of the leaders in this new uranium cycle. The last time something like this happened, the biggest winners in the sector saw gains of over 130,000%. That could easily happen again.
Click here to learn the details and see how the energy of the future could make you rich.
Ryan Stancil
Editor, Daily Profit Cycle