Uranium Stocks Poised for Breakout As Nuclear Resurgence Gains Momentum

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Tepco News

Nuclear Power,Decarbonization,Energy

The world is witnessing a nuclear renaissance as Tepco loads fuel rods into the world's largest nuclear power plant, signaling the potential for clean and reliable electricity generation.

The world is finally realizing, after trying to rid itself of nuclear power following the 2011 Fukushima nuclear disaster, that the power of the atom will be the heart of clean, reliable electricity generation - not unreliable solar and wind. The latest sign that a nuclear renaissance is beginning to gain steam is news from Bloomberg on Monday morning that Tokyo Electric Power Co. will be loading fuel rods into one of the reactors at the Kashiwazaki Kariwa nuclear plant in Niigata prefecture.

-Bloomberg The planned restart of Japan's atomic fleet comes as power grids worldwide maybe not China and or India are undertaking massive decarbonization efforts to lower emissions. In the US, the federal government recently announced that it would provide a $1.5 billion loan to restart a nuclear power plant in southwestern Michigan for the first time. NJ-based Holtec International acquired the 800-megawatt Palisades plant in 2022 with plans to dismantle it.

 

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