2 Nuclear Energy Stocks Poised to Ride the Industry's Historic Revival
Nuclear energy could be a $10 trillion opportunity.
Overview
The nuclear renaissance is upon us. Investors will have ample opportunity to profit from the energy transition. But there's a lot to understand first before diving in. From the 1960s through much of the 1980s, global nuclear energy capacity consistently rose. Then, in the 1990s, nuclear energy generation capacity plateaued. Growth would remain stagnant for decades.
In 1990, nuclear energy contributed roughly 17% to 18% of the world's electricity generation. Today, nuclear meets less than 10% of global electricity demand. There are many reasons for this, but the takeaway for investors was clear: Very little growth was expected from the nuclear energy industry for many decades.
Details
That growth plateau, however, is already a relic of history. "[N]uclear energy has, in many ways, been recently 'rediscovered' amid surging electricity demand," concludes a recent report from Bank of America.
Source
Originally published at www.fool.com.