Latest news with #nuclearindustry
The Guardian
09-07-2025
- Science
- The Guardian
Can we trust nuclear power again?
Dr Tim Gregory is a nuclear evangelist. A chemist who works in the labs of Sellafield, Britain's oldest nuclear site, he argues that embracing nuclear energy is the only way to achieve net zero. He tells Helen Pidd it is an energy source long misunderstood – unfairly tainted by the Three Mile Island, Chernobyl and Fukushima disasters. It is a safe technology, he says, and despite the billions it costs to build nuclear plants, it represents good value for money. Across the world – from the UK and Denmark to Italy and the US – countries seem willing to look at nuclear again. So can we trust it?
Yahoo
30-06-2025
- Business
- Yahoo
3 Reasons to Buy Cameco Stock Like There's No Tomorrow
Cameco is one of the largest uranium miners on the planet. The company largely operates in financially and politically stable regions. Nuclear power is seeing material interest thanks to growing electricity demand. 10 stocks we like better than Cameco › Cameco (NYSE: CCJ) has gone through some very trying times in the past, largely due to its reliance on the price of a commodity when it comes to revenue and earnings. But the uranium that Cameco mines could be in for a big step change in price. Here are three reasons to buy this nuclear power industry supplier like there's no tomorrow. Cameco mines for uranium, which is the primary fuel for nuclear power plants. It is also a minority owner in Westinghouse, a service provider to the nuclear power industry. Basically, it is a way to invest in nuclear power without having to buy it directly. If demand for nuclear power grows, Cameco should benefit right along with that growth. There is a risk here, however, because nuclear power has a history of large and very public disasters. Nuclear meltdowns, perhaps not shockingly, have led to a pullback in demand for nuclear power. Right now, however, nuclear power is experiencing a bit of a renaissance. Notably, it doesn't produce greenhouse gasses, making it a clean energy source. And since nuclear power provides always-on (or base load) electricity, it can be paired with intermittent power sources like solar and wind to create a more reliable power grid. All in all, Cameco's role in supporting nuclear power plants with fuel and services makes it a great way to play the nuclear power renaissance that is taking place today. And that's buttressed by the fact that its operations are largely in developed and politically stable markets, which customers appreciate just as much as investors should. But the shift toward clean energy isn't the whole story. Demand for electricity is set to see a step change over the next 20 years or so. Between 2000 and 2020, U.S. electricity demand increased by a total of 9%. Between 2020 and 2040, demand is expected to grow by 55%. There are multiple drivers of that surge, notably including artificial intelligence (AI), data centers, and electric vehicles (EVs). Electricity use is expected to increase from 21% of final energy use to 32% by 2050. Meanwhile, there are new nuclear plant designs and options coming to market that should make nuclear power more attractive. Safety is likely to improve, costs are likely to drop, and speed to market is likely to increase. All these factors will help to make nuclear a key part of the electric transition that is happening, which will likely mean more demand for uranium to fuel nuclear power plants. So, Cameco supplies an industry that appears to be seeing increased demand. Those are two good reasons to buy the stock. But there's one more reason to consider: the difference between supply and demand. Starting in 2030, Cameco expects demand to start outstripping supply, leading to a supply gap. That will likely result in more investment in uranium mining, of course. But the gap grows rapidly due to the lull in mine development that happened following the Fukushima nuclear plant meltdown in 2011. Building mines is time consuming, expensive, and difficult, so it seems unlikely that the supply gap will have an easy solution. And that means uranium prices are likely to remain strong, if not rise, over time as demand for the nuclear fuel grows. There are multiple reasons to like Cameco as an investment. But it is really appropriate only for more aggressive investors. That's because of the significant risk hinted at above: nuclear meltdowns. If there's another event of this nature, the view of nuclear power could quickly sour and send uranium prices -- and Cameco's stock -- crashing. If you can't stomach that risk, then the three reasons to buy Cameco outlined above probably won't be enough to entice you to buy this stock today, tomorrow, or any day. Before you buy stock in Cameco, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Cameco wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool recommends Cameco. The Motley Fool has a disclosure policy. 3 Reasons to Buy Cameco Stock Like There's No Tomorrow was originally published by The Motley Fool
Globe and Mail
29-06-2025
- Business
- Globe and Mail
3 Reasons to Buy Cameco Stock Like There's No Tomorrow
Cameco (NYSE: CCJ) has gone through some very trying times in the past, largely due to its reliance on the price of a commodity when it comes to revenue and earnings. But the uranium that Cameco mines could be in for a big step change in price. Here are three reasons to buy this nuclear power industry supplier like there's no tomorrow. 1. Cameco is a picks-and-shovels nuclear play Cameco mines for uranium, which is the primary fuel for nuclear power plants. It is also a minority owner in Westinghouse, a service provider to the nuclear power industry. Basically, it is a way to invest in nuclear power without having to buy it directly. If demand for nuclear power grows, Cameco should benefit right along with that growth. There is a risk here, however, because nuclear power has a history of large and very public disasters. Nuclear meltdowns, perhaps not shockingly, have led to a pullback in demand for nuclear power. Right now, however, nuclear power is experiencing a bit of a renaissance. Notably, it doesn't produce greenhouse gasses, making it a clean energy source. And since nuclear power provides always-on (or base load) electricity, it can be paired with intermittent power sources like solar and wind to create a more reliable power grid. All in all, Cameco's role in supporting nuclear power plants with fuel and services makes it a great way to play the nuclear power renaissance that is taking place today. And that's buttressed by the fact that its operations are largely in developed and politically stable markets, which customers appreciate just as much as investors should. 2. Demand for energy is growing But the shift toward clean energy isn't the whole story. Demand for electricity is set to see a step change over the next 20 years or so. Between 2000 and 2020, U.S. electricity demand increased by a total of 9%. Between 2020 and 2040, demand is expected to grow by 55%. There are multiple drivers of that surge, notably including artificial intelligence (AI), data centers, and electric vehicles (EVs). Electricity use is expected to increase from 21% of final energy use to 32% by 2050. Meanwhile, there are new nuclear plant designs and options coming to market that should make nuclear power more attractive. Safety is likely to improve, costs are likely to drop, and speed to market is likely to increase. All these factors will help to make nuclear a key part of the electric transition that is happening, which will likely mean more demand for uranium to fuel nuclear power plants. 3. Supply doesn't look like it will meet demand So, Cameco supplies an industry that appears to be seeing increased demand. Those are two good reasons to buy the stock. But there's one more reason to consider: the difference between supply and demand. Starting in 2030, Cameco expects demand to start outstripping supply, leading to a supply gap. That will likely result in more investment in uranium mining, of course. But the gap grows rapidly due to the lull in mine development that happened following the Fukushima nuclear plant meltdown in 2011. Building mines is time consuming, expensive, and difficult, so it seems unlikely that the supply gap will have an easy solution. And that means uranium prices are likely to remain strong, if not rise, over time as demand for the nuclear fuel grows. A lot of reasons to like Cameco, but there's one big risk to keep in mind There are multiple reasons to like Cameco as an investment. But it is really appropriate only for more aggressive investors. That's because of the significant risk hinted at above: nuclear meltdowns. If there's another event of this nature, the view of nuclear power could quickly sour and send uranium prices -- and Cameco's stock -- crashing. If you can't stomach that risk, then the three reasons to buy Cameco outlined above probably won't be enough to entice you to buy this stock today, tomorrow, or any day. Should you invest $1,000 in Cameco right now? Before you buy stock in Cameco, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Cameco wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor 's total average return is1,062% — a market-crushing outperformance compared to177%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 23, 2025
Yahoo
18-06-2025
- Business
- Yahoo
Why Oklo Stock Is Soaring Today
Oklo was conditionally awarded a contract to provide power to an Air Force base. President Trump has signed several executive orders aimed at boosting the U.S. nuclear industry. 10 stocks we like better than Oklo › Shares of Oklo (NYSE: OKLO) are soaring today, up 5.7% as of 1:33 p.m. ET. The jump comes as the S&P 500 and Nasdaq Composite both moved higher. While there isn't a specific catalyst today, the company's stock is continuing to rise after an important announcement last week and broader momentum in the nuclear industry. The company, which develops advanced small nuclear reactors (SMRs), announced last week that it has been "conditionally" selected to provide power to an Air Force base in Alaska. The contract, which still needs to be finalized, has been in the works for years. Past attempts to close a deal had been delayed, but it now appears the necessary hurdles have been cleared. The company's Aurora Powerhouse, an SMR, will provide all the power the remote base needs locally, allowing the base's independence from the grid. Late last month, President Donald Trump signed several executive orders to speed up the permitting of new reactors and boost domestic uranium production. The administration believes that nuclear energy can provide a key part of the country's energy needs, especially in light of the growing demand from artificial intelligence data centers. The clear endorsement of the administration has fueled nuclear stocks across the industry, including Oklo, for weeks. SMRs offer unique advantages over traditional nuclear reactors, namely, the fact that they can be tailor-fit to a specific site, like the Air Force base or the many artificial intelligence data centers that are being built across the country. It's clear there is demand. If Oklo can produce a working, safe model, it will be massively successful. Of course, with any company developing new technologies, there is no guarantee it will be successful. I think there is plenty of reason to believe it will be, however. I think Oklo is a good pick. Before you buy stock in Oklo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Oklo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor's total average return is 988% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Oklo Stock Is Soaring Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
16-06-2025
- Business
- Bloomberg
Britain Is Learning an Old Lesson on Nuclear Power
If you've ever had the pleasure of assembling Ikea furniture, then you've learned something about big infrastructure projects. The first Billy bookcase is a nightmare of fumbled screws and baffling instructions. The second goes a little smoother. The third is a breeze. This is effectively what happens with nuclear power plants. But it's taken the UK 70-odd years to take that lesson on board.
