With the global shift to net zero in 2050, sourcing alternative energy sources is imperative.
In the Expert Exchange video segment above, we look at nuclear power – the pros and cons, the investment opportunities and its potential role in the electric vehicle (EV) market.
“Nuclear power is a low-carbon source of energy because unlike coal, oil or gas power plants, nuclear power plants practically do not produce CO2 during their operation.”
— International Atomic Energy Agency
“The International Atomic Energy Agency is predicting that the overall nuclear power industry is going to double between now and 2050,” Jeff Nielson, who wrote the latest Stockhouse Thematic Insights – The Future of Energy report, says.
Nielson adds that you can look empirically and see a “full-fledged, roaring bull market for uranium to meet the fuel demands for all of these reactors that are coming online.”
If harnessed correctly and safely, nuclear power can be a massive part of the energy equation as we move forward.
To find out more on the energy equation, check out The Future of Energy Thematic Insights report. For more, watch our previous feature, “What is the future of oil and gas?” and dive deeper with Nielson on the Stockhouse podcast.
The spot price for uranium is US$91.10 per pound as of Wednesday.
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