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)

The Taishan nuclear power plant in the Chinese province of Guangdong.

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

Market Cap: $1.39 billion
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2.      FirstEnergy Corp (FE)

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3.      Nextera Energy Inc (NEE)

Market Cap: $84.99 billion
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4.      Exelon Corporation (EXC)

Market Cap: $45.89 billion
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5.      Ameren Corp (AEE)

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