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Aerial Radiation Detection – US Nuclear Corp
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Good News for Cancer and Heart Disease Patients
Good News for Cancer and Heart Disease Patients: US Nuclear Partner Achieves Critical Milestone Proving New Way to Fill Multi-Billion/Year Shortage of Radioisotopes for Diagnostics and Treatments
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Woolsey Fire: Are You Breathing Toxic And Radioactive Air?
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US Nuclear (OTCMKTS:UCLE) Has Become Investor’s Preferred Choice
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Drones Reporting For Work
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CEOCFO Magazine
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Trump’s Presidency Will Affect Nuclear Energy Investments
No matter the outcome of any one presidential election, reports show that about 90% of the existing nuclear reactors in the country are soon due to be relicensed for an additional 20 years, some for as long as 40 years — far outlasting the tenure of any president. Furthermore, the U.S. is projected to remain the biggest global producer of nuclear power for 10 more years at the very least; that is, until China completes their 100 planned new nuclear units.
Yet now that the results of the election are in, we can begin to predict how the country will be investing in energy companies on a macro scale, and investing in nuclear energy in particular, over the years to come. President-elect Donald Trump has been a vocal advocate of nuclear investments for America, saying as far back as 2011 that he is “in favor of nuclear energy — very strongly in favor of nuclear energy.”
Trump has also touted nuclear power as a viable path to free the U.S. of foreign energy dependency, one of the key issues of his platform.
“It should be the goal of the American people and their government to achieve energy independence as soon as possible. Nuclear power is a valuable source of energy and should be part of an all-the-above program for providing power for America long into the future,” the president-elect has said.
The Republican president-to-be is also largely in favor of deregulating the energy sector across the board, which could result in significant gains for those investing in energy and in nuclear energy stocks. His goal is to remove the current red tape that may impede energy innovation and exploration, including among publicly traded nuclear power companies.
On the other hand, Trump has also faced widespread criticism for his laissez-faire environmental policies, total disregard for slowing the pace of climate change, and disinterest in complying with international eco-friendly commitments. Gas drilling and coal initiatives could increase under a Trump presidency, while government-supported efforts to bolster solar and wind power may fall by the wayside.
Yet as an affordable, practical, and entirely emission-free source of energy, nuclear power could prove an easy compromise between energy that is both “green,” efficient, and free of foreign dependence.
It’s impossible to predict the future, especially under the always-unpredictable Donald Trump; however, experts say the future of the nuclear industry looks bright.
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FAQs on Nuclear Energy, Answered
Nuclear energy is a emerging resource that can be used in lieu of climate change-inducing fossil fuels. However, there are many unknown details about this form of energy, so here are some frequently asked questions about nuclear energy to better explain this process.
Q: What is nuclear energy?
Nuclear power plants split uranium atoms inside a reactor through a process called fission. The heat that is produced comes in the form of steam, which then spins a turbine to generate electricity.
Q: How does this form of energy compare to fossil fuels?
Nuclear energy sources are much smaller than any form of fossil fuel. One pellet of uranium, the size of a fingernail, contains the same amount of energy as 17,000 cubic feet of natural gas, 1,780 pounds of coal, of 149 gallons of oil. This makes it exceptionally cost-effective and efficient. Plus, nuclear energy does not produce any greenhouse gases.
Q: Is nuclear energy renewable?
Generally, a renewable resource uses a limitless supply of sun, wind, or water. Nuclear energy must use the element uranium, so it can be considered a somewhat sustainable energy source; there is enough uranium on our planet to fuel reactors for more than 100 years.
Q: Are there reactors worldwide?
Yes, as of right now there are more than 436 nuclear reactors in over 30 different countries. In the United States alone, there are 61.
Q: Do nuclear power plants release radioactive material?
Yes, but only in small quantities approved by the federal government. However, the plant stores this waste until the radioactivity level decreases to a safe amount so those around the plant will not be affected.
Q: How do nuclear energy plants benefit the economy?
Every dollar spent by a nuclear reactor will bring $1.04 back into the local economy, $1.18 to the state, and $1.87 to the federal economy. The industry also creates jobs with both the construction and maintaining of the plant.
Q: Why should I be investing in energy companies?
As the amount of fossil fuels becomes depleted, it is more important than ever to find other forms of energy. Investing in nuclear energy stocks and companies is a fantastic economic choice, since the need for nuclear energy will only grow from now.
Have any questions about investing in energy companies and stocks? Contact our professionals today to get started.
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4 Advantages of Investing in Nuclear Energy Right Now
Nuclear energy is going through a major resurgence in popularity, especially when it comes to nuclear energy investment. While nuclear energy cannot be created or destroyed, it can be converted from one form to another, as this energy is released from the nucleus of the atom. When a controlled nuclear reaction occurs, either through fusion or fission, it produces a large amount of energy that can be used instead of non renewable resources like oil and gas.
Investing in nuclear energy stocks can be beneficial for investors across the globe. Here are four major advantages of nuclear energy investment for the 21st century.
1. Reduces your carbon footprint
Nuclear energy brings with it lower greenhouse gas emissions as this form of energy does not release any gases into the environment. Additionally, there is no adverse impact on water, land, or habitats with the creation of this form of energy.
2. Reliable
Other forms of alternative energy sources aren’t always as reliable, especially resources dependent on favorable weather conditions. Solar and wind plants need specific conditions to produce large amounts of energy; however, nuclear energy can be produced even within the roughest weather conditions.
3. Cost effective
The cost of uranium, the element that is used as fuel in the nuclear energy process, is incredibly lower than other forms of energy. Plus, one kilogram of natural uranium will produce about 20,000 times as much energy as the same amount of coal, so your dollar will be stretched to a new level with this product. Also, a nuclear reactor can last up to 60 years if maintained properly, which makes the cost of producing electricity incredibly low over its lifetime.
4. Easy transportation
Nuclear energy requires less raw material than other sources. For example, 28 grams of uranium produces as much energy as 100 metric tons of coal. Not only that, but since nuclear energy is required in small quantities, total transportation costs are comparably very low.
All in all, there are many benefits to nuclear investment that can bring many advantages to companies across the globe. If you have any additional questions about nuclear energy investment, do not hesitate to contact our experts today.
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