nuclear power plant

List of Nuclear Energy Stocks

Nuclear energy stocks are publicly traded companies that develop, own, or manage nuclear power plants or the technology and equipment used in such plants. Ameren Corp (AEE) Areva (ARVCF) Brookfield Business Partners (BBU) Cameco Corporation (CCJ) China General Nuclear (1816.HK) Dominion Energy Inc (D) Duke Energy Corp (DUK) Exelon Corp. (EXC) FirstEnergy Corp (FE) Fluor Corporation (FLR) General Electric (GE) Global Power Equipment (GLPW) Global X Uranium ETF (URA) IBC Advanced Alloys Corp (IAALF) International Isotopes (INIS) Kansai Electric Power Co Inc (9503.T) Korea Electric Power Corp ADR (KEP.KS) Lightbridge Corporation (LTBR) Mitsubishi Heavy Industries Ltd (7011.T) PG&E Corp (PCG) Public Service Enterprise Group Inc (PEG) Siemens (SIEGY) Silex Systems Limited (SLX.AX) Toshiba Corporation (6502.T) UR Energy, Inc. (URG) iShares S&P Global Nuclear Energy Index...
NuScale reactor

Two Stocks That Could Benefit From NuScale’s Sucess

After toiling away for almost two decades, perfecting its nuclear power reactor design, NuScale Power is on the cusp of commercial stage with its innovative Small Modular Reactor (SMR).  The company has applied for certification by the U.S. Nuclear Regulatory Commission (NRC) and expects to approval by 2021.  In a departure from conventional construction methods NuScale’s SMR is to be manufactured in a factory setting and assembled on site. NuScale has also lined up a first customer, the Utah Associated Municipal Power Systems (UAMPS), which is planning to build a nuclear power plant with twelve of NuScale’s 50-gigawatt SMRs.  UAMPS expects its project to be...
Uranium is usually traded as yellowcake, U3O8

Yellow Cake Debut

by Debra Fiakas, CFA Investors have a new opportunity for a stake in nuclear power.  Last week a successful initial offering was staged by a new player in the uranium supply chain.  Yellow Cake, plc. (YCA: LON) sold 76 million shares at £200 per share, raising £151 million (US$200 million). Uranium Participation Corporation (U:  TO)took US$25 million of the deal, giving the Canada-based uranium speculator a 16% stake in the company.  Yellow Cake is listed on AIM under the symbol YCA.  In its third day of trading the stock closed up 1.25% from its debut. Yellow Cake means to be a player in the uranium market, buying and...
uranium spot price

Spotting A Uranium Rebound: Inventories Are Key

The chart of spot uranium prices presents a dismal picture for this key energy commodity. After a brief spike in early 2006, the spot price has been in a long-term slide down hill. In the last year and a half it appears the price as found a level of support at the $20.00 price level as the shares have bounced around between that support level and up to the high 20s. With each bound higher shareholders of uranium producers cheer the end of what has been a long ‘down’ cycle. A click up to US$27.50 in recent days has...

Nations in Nuclear Play And The Companies To Benefit

by Debra Fiakas Saudi Arabia plans to build 17.8 gigawatts of nuclear capacity by 2032, requiring about sixteen reactors.  It is an ambitious plan and one that could have a significant impact on the nuclear power construction industry.  Now the Saudi government is moving forward with a bidding process with nuclear power plant construction companies.  Bids are expected before the end of 2018 and signing of contracts will be sometime in 2019. Our review of possible bidders began with Toshiba’s (6502:  Tokyo) Westinghouse Electric Company and Russia’s Rosatom Group.  The last two posts, “Saudi Arabia Goes Nuclear” on January 16th and “Answering Saudi Arabia Request...
uranium mine

Flocking to Uranium

The post Yellow Cake Debut described the capital raising effort of one of the newest players in the uranium supply chain.  Yellow Cake leadership brought the aspiring intermediary to the capital market at a critical time for uranium producers.  The uranium market has been in an extended trough period since the industry peak in 2007.  At that time considerable development had been undertaken and capacity was beginning to generate sufficient supply to create stockpiled inventories.  As this bloated condition persisted, in 2011 the nuclear power and its uranium supply chain were shocked by a Pacific Ocean tsunami that led to a nuclear spill at...

Nuclear and Solar From Down Under

by Debra Fiakas CFA Last week the Aussies invaded New York City, bivouacking at a popular hotel and parading a string of Australia-based companies in front of investors.  Of course, there were the usual mining and minerals companies for which resource-rich Australia is so famous.  However, the Australia Stock Exchange  -  one of the event sponsors  -   has diversified with listings in communications, biotechnology and alternative energy. One of the presenters, Silex Systems, Inc. (SLX:  ASX and SILXY:  OTCQX) is a talented little company with technologies for solar and nuclear power generation.  Silex has developed a laser...

Epic Changes Are Coming in the Electric Power, Transportation and Energy Storage Sectors

John Petersen Epic is the only word I can use to describe an evolving tragedy that killed tens of thousands of people, inflicted hundreds of billions in property damage, destroyed 3.5% of Japan's base-load power generating capacity in a heartbeat and will cause recurring aftershocks in the global electric power, transportation and energy storage sectors for decades. While I'd love to believe the worst is behind us, I fear the times of trouble have just begun. Since it's clear that Japan will have to turn inward and serve the urgent needs of its own population first, the...

Clean Energy Stocks to Fill the Nuclear Gap

Tom Konrad, CFA If the Japanese use less nuclear power, what will take its place? I'm astounded by the resilience and discipline of the Japanese people in response to the three-pronged earthquake, tsunami, and nuclear disaster, perhaps in large part by my cultural roots in the egocentric United States, where we seem to have forgotten the virtue of self-sacrifice for the greater good.  Yet while Japanese society has shown itself to be particularly resilient, the Japanese electric grid is much less resilient.  According to International Energy Agency statistics, Japan produced 258 TWh of electricity from...

Yankee Graphite

Several graphite developers have made plans to integrate forward into the hottest segment of the market  -  battery-grade graphite.  According to Industrial Minerals, spherical graphite suitable for lithium ion battery anodes is priced in a range of $2,700 to $2,800 per metric ton in China where many battery manufacturers are located.  This compares quite well to the range of about $655 to $790 per metric ton for flake graphite concentrate. The integration strategy has sent the sector into a frenzy of activity to prove their graphite meets expectations of battery manufacturers.  The only graphite deposit in the U.S. mainland is under development by Westwater Resources...

Four Green Money Managers’ Top Stock Picks

Green money managers' stock picks after the Japanese nuclear crisis. Even as the nuclear disaster in Japan unfolds, it's clear that the world's energy industry will be forever changed. Russian reactors were never considered safe, but a Japanese to have a nuclear meltdown is an entirely different story. Market Reaction Since Monday, nuclear stocks and ETFs have been plummeting. As of Wednesday night, The Market Vectors Uranium + Nuclear Energy ETF (NYSE:NLR), the iShares S&P Global Nuclear Energy Index (NASD:NUCL), PowerShares Global Nuclear Energy Portfolio ETF (NYSE:PKN), and the Global X Uranium ETF (NYSE:URA) are down...

A Light At The End Of The Bridge For Lightbridge?

by Debra Fiakas CFA Earlier this week nuclear fuel technology developer, Lightbridge Corporation (LTBR:  Nasdaq), reported year-end 2015 financial results and provided an update on recent accomplishments.  Not unexpectedly, Lightbridge reported a net loss of $4.3 million or $0.24 per share for the year.  During the year the company scraped together $900,000 in revenue from consulting services, an effort to leverage the expertise of its scientists and engineers as they continue work on new fuel technologies.  The contribution margin of the consulting work was $216,239  -  not nearly enough to cover administrative spending or the costs of...

A Nuclear Waste Disposal Stock

Debra Fiakas CFA Many are firmly opposed and a few more are skeptical of the nuclear energy industry.  A big concern is the waste resulting from the uranium enrichment process that is part and parcel of the reactors we have chosen to use for nuclear power generation.  Some see recycling of the waste as an answer.  First a short primer on uranium and then the recycling story. Natural uranium consists of a mixture of three radioactive isotopes which are identified by the mass numbers U-238 (99.27% by mass), U-235 (0.72%) and U-234 (0.0054%).  Uranium is everywhere...

Offshore Wind A Big Part Of Why GE Wants Alstom

Who's the Energy Alpha Dog? GE or Siemens? By Jeff Siegel General Electric (NYSE:GE) wants to acquire one of the largest companies in France, and it could get what it wants if Germany doesn't get in the way. Alstom SA (AOMFF), the target of GE's desires, is a French energy and transportation company with a market value of approximately $11.5 billion. It deals in hydroelectric and nuclear power, environmental control systems, wind turbines and battery storage, as well as trains and rail infrastructure. It's a huge company, and GE could spend as much as $13 billion to...

Lightbridge Flirts with Areva

by Debra Fiakas CFA Last week nuclear fuel developer Lightbridge Corporation (LTBR:  Nasdaq) announced an agreement with nuclear power plant builder Areva (AREVA:  Paris; ARVCF:  OTC/QB) to form a joint venture.  The present pact is a precursor to a formal joint venture agreement that would team up the two companies  -  one very large multinational nuclear power house and one still quite small fuel developer  -  in joint development of Lightbridge’s metallic nuclear fuel technology. Lightbridge has developed and patented a novel design that replaces conventional tubes filled with ceramic uranium pellets now used by pressurized...

Light at the End of the Tunnel for Lightbridge

by Debra Fiakas CFA The U.S. Environmental Protection Agency is preparing to execute on the Clean Power Plan aimed at reducing carbon emissions from U.S. power generation facilities.  Each state has to meet a set of standards set by the EPA based that state’s particular circumstances in electrical generation.  The carbon pollution limits begin in 2022 and ramp to full effect by 2030. In the meantime, the power generation industry must begin preparation in order to be ready for the initial standards.  The lower-carbon emitting power sources will clearly be in favor as a consequence of the...