Investment in nuclear energy stocks, in spite of recent setbacks, is still considered a good decision. Investing in nuclear energy continues to pay off because it is the most inexpensive way of generating electricity. This is not the case with other green energy types such as solar power and wind. In addition, uranium is used in nuclear energy which is easy to attain, therefore is available in abundance. Fossil fuels such as coal with enough capacity to light a 60 watt light bulb for four days, cannot even come close to the ability of the same amount of nuclear energy to power the same bulb for 685 years! Other forms of energy that entail the use of fossil fuels radiate a good deal of CO2, which is not the case with nuclear energy.
Many people are not fans of nuclear energy because of the dangers it can pose, which has, unfortunately been proven by several past disasters at different power plants around the world. The fact of the matter is that these incidents are infrequent and far between. However, because when they do happen, the tragedy is so devastating and widespread, a good percentage of people have no interest in investing in nuclear energy stocks. They feel the risk is too high. Another negative that many people cannot get past is the fact that nuclear waste is very expensive to dispose of. These are the two main reasons why people see the investing in nuclear energy stocks to be disadvantageous.
As in many businesses, as well as in life choices, there are certain so called trade offs when dealing with the possibility of nuclear energy investment. Because of its ability to provide energy so quickly and at such minimal cost, nuclear energy is still used, and its use continues to spread at lightning speed, even in light of the many questions and negative possibilities. In the U.S. there are at this time 99 working commercial nuclear reactors. In addition, nuclear energy plants right now are providing more than 11% of the electricity used throughout the world. And, in spite of the risks, there are still 51% of Americans who want electricity to be supplied by nuclear energy, with 49% who disagree.
Because of the tremendous financial leverages, nuclear energy continues to move forward. Throughout the world there are plans for 160 new reactors, and there are proposals for at least 300 additional reactors. All in all investing in energy still seems like a profitable way to go.