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Is Nuclear Power Set for World Domination?

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Many politicians will say that it is about ecology…

But that’s really not the case.

Do not mistake yourself. I am all for integrating cleaner power generation options into our grid, but the catalyst for the global transition away from fossil fuels has very little to do with the environment.

And yes, it actually happens.

According to analysis of 2021 data from Bloombergwind or solar photovoltaic is the cheapest form of electricity generation in new construction in nearly every major market, covering two-thirds of the world’s population.

To put that into perspective, that’s about 77% of global GDP and 91% of all electricity generation.

It is also now cheaper to build new renewables from scratch than to operate existing coal and gas power plants in a growing number of countries, including China, India and much of Europe. .

Thus, with significant cost advantages, Bloomberg foresees three scenarios in which fossil fuels lose market share to either renewable energy or nuclear energy.

Check it out…

three scenarios

In the red scenario, nuclear takes the lion’s share.

But there is a caveat to this…

Traditional nuclear power plants must also be factored into the equation of costs related to waste disposal, decommissioning, safety and security and exceptionally high insurance rates. As such, a nuclear-dominated global energy economy can only exist with newer and more advanced nuclear technology that significantly reduces all of the high cost considerations that come with traditional nuclear technology.

Such technology Is to exist; my good friend and colleague Keith Kohl recently created an investment presentation on this technology and the only public company that makes it commercially viable.

You can check that here.

Without this technology, I fail to see how the high costs of traditional nuclear power will be able to compete with the rapidly falling costs of renewables and energy storage.

Together, this combination provides what is today the most cost-effective option for power generation for more than half of all countries in the world.

By 2050, it will probably be the most profitable energy for over 90% of the planet.

Oil and gas investors certainly don’t want to hear this and will be quick to dismiss the data.

But that is, for lack of a better word, stupid.

The data is solid and you can still make money from fossil fuels for the foreseeable future, but if you ignore the transition that is already upon us, you stand to lose a big payday.

If you don’t believe me, watch this analysis it shows exactly how investors like Elon Musk, Warren Buffett and Jeff Bezos are already making millions investing in new solar energy projects around the world.

They don’t do it because they are eco-friendly.

They do it because they see the same data that I am sharing with you today…

Data that shows the transition away from fossil fuels IS event.

So unless you hate money, you’d be an absolute fool not to take part in this action.

SSee for yourself why the world’s biggest billionaires are betting big on solar.

Towards a new way of life and a new generation of wealth…

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Jeff Siegel

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Jeff is the founder and editor of Green Chip Stocks. To learn more about Jeff, visit his publisher’s page.



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