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market news

Nuclear Energy Likely to Increase

Investing News Network
Apr. 05, 2012 02:49PM PST
Energy Investing

Forbes reported utilities companies and analysts expect uranium to continue to fuel nuclear energy in the search for alternative resources.

Forbes reported utilities companies and analysts expect uranium to continue to fuel nuclear energy in the search for alternative resources.

As quoted in the market news:

Nuclear power, by comparison, is relatively emissions free and over 30 years, is extremely cost efficient. While the upfront capital costs are huge, the uranium used to fuel them is abundant while the plants operate at least 90 percent capacity — more than any other generation form.

Click here to read the full Forbes report.

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