Sunday, July 7, 2019

Nuclear power

Nuclear power generates electricity by harnessing the power of atoms and the energy stored in their chemical bonds. When atoms split, they release energy. A nuclear plant works by splitting atoms and using the energy released by them in a controlled environment. 

Nuclear power is carbon-free, but it can be controversial with the prospect of radiation leaks and a history of disasters. 
  • The uranium market has been in a funk ever since the 2011 Fukushima disaster in Japan. 
  • Few Japanese nuclear plants have come back on-line in the interim, with LNG and coal providing the bridge fuel. 

The 447 global active nuclear reactors (99 reactors in the USA provide 20% of the USA energy needs) require 140 million lbs. of U308 uranium per annum. 

Nuclear reactors under construction, 2019.
  1. China: 13
  2. India: 7
  3. South Korea: 5
  4. Russia: 4
  5. UAE: 4
  6. Bangladesh: 2
  7. Belarus: 2
  8. Japan: 2
  9. Pakistan: 2
  10. Slovakia: 2
  11. US: 2
  12. Argentina: 1
  13. Finland: 1
  14. France: 1
  15. Turkey: 1
  16. UK: 1
(World Nuclear Association)


Top 5 Nuclear Energy Stocks
1.      US Ecology Inc (ECOL)

Market Cap: $1.39 billion
Performance: 25.2% annual return
2.      FirstEnergy Corp (FE)

Market Cap: $19.83 billion
Performance: 19.15% annual return
3.      Nextera Energy Inc (NEE)

Market Cap: $84.99 billion
Performance: 12.08% annual return
4.      Exelon Corporation (EXC)

Market Cap: $45.89 billion
Performance: 12% annual return
5.      Ameren Corp (AEE)

Market Cap: $16.82 billion
Performance: 8.8% annual return

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