Ryan O'Malley reports that it is time to discuss a great long-term opportunity that is sure to produce results. Following the global financial crisis and disaster at Fukushima in 2011, Uranium stocks plummeted dramatically, but the demand for energy still remained. The big picture here is that renewable energy can not uphold societal energy needs alone and combined with high generating costs, proves it to be inefficient. This leaves Nuclear Energy as the most viable option for large scale production. The benefit of nuclear power reactors is the ability to produce energy at a 91 per cent efficiency rate without emissions. Abundant, affordable energy is a huge priority in a rapidly advancing world. O'Malley suggested it is obvious that the world relies on nuclear power as a monumental source for energy.
One can argue its inefficiency is due to the hazards involved, however, new plants are safer and there will always be inherent precautions with any resource. Ultimately, nuclear energy is responsible for 20 per cent of the U.S. energy consumption. Speculative growth suggests worldwide energy consumption over the next 20 years will grow as much as 81 per cent. This substantial increase can be associated with both technological advancement and population growth. The market is growing. Russia and France are the largest producers of Uranium currently. China has plans to double its number of reactors within the next decade and the U.S. is sure to follow.
Working URL: https://seekingalpha.com/article/2493155-stock-with-miner-advantages
Managed & Built by I2M Consulting, LLC | © 2010-
