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Trump could fuel a nuclear energy boom in 2017

By James Stafford - posted Friday, 9 December 2016


This means a major push for next-generation nuclear projects such as PRISM, the brainchild of General Electric and Hitachi.

So not only does demand for uranium across the next two decades seem assured, it is poised to paint an attractively tight supply picture in the coming decades.

As the New Year is ushered in, falsely negative sentiment on uranium is likely to be ushered out the door and the real fundamentals will become more visible.

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The bottom line is this: While uranium prices have been on a very long and gradual decline for some 13 years, analysts agree that they've reached their bottom and the climb back up is poised to be a lot faster than the decline.

Trump is all about harnessing untapped potential, and as atomic energy advocates are quick to point out: Nothing has more untapped potential on multiple fronts than nuclear energy, and right now is the time to buy into quality assets while uranium is at a multi-year low but at the early stage of a bull market.

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This article was first published on OilPrice.com.



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About the Author

James Stafford is the publisher of OilPrice.com.

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