Prediction: Buying NuScale Right Now Could Make You Richer by 2036
Patient NuScale shareholders could be richly rewarded as it moves SMR technology toward deployment.
Overview
Most of us in the U.S. take it for granted that when you flip a light switch, the lights will come on almost instantly. Indeed, we may never think twice about where the power comes from or whether it will be there tomorrow, because for most of our lives, we've never had to worry about it stopping or running out.
And yet this reliance, which is a massive achievement of industry, technology, and science, is now being tested. You can probably guess where I'm going with this: Artificial intelligence (AI), data centers, electric vehicles (EVs), and a greater effort to electrify the economy are driving electricity demands higher.
Details
By 2030, the International Energy Agency (IEA) expects U.S. electricity demand to rise by roughly 20% to 25%. There's no other way of saying it: That's an enormous amount of electricity in a short period of time. The future, in other words, needs power. And if you're picking up what I'm laying down, the companies capable of supplying it could be on the cusp of enormous growth.
Source
Originally published at www.fool.com.