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...
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...

Junior Uranium Miner ’In Position’ to Grow

by Debra Fiakas CFA To understand UR Energy, Inc. (URG:  NYSE AMEX, URE:  TSX) investors need to polish up on their Latin phrases.  UR Energy is planning to mine uranium for the nuclear power industry using a mining practice called in situ or literally in position.  In conventional mining operations large amounts of uranium-laced rock are cut out of the earth and sent to a milling center where the rock is crushed as the first step in separating uranium from the other minerals.  In situ miners like UR Energy leave the earth and rock undisturbed, instead injecting oxygenated...

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...
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...
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...

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...

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...

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...

CB&I: The Energy Beyond Bridges & Iron

by Debra Fiakas CFA The business interests of Chicago Bridge and Iron (CBI:  NYSE) have varied far and wide from its bridge building start in the late 1800s.  These days the company is no longer headquartered in Chicago, builds a lot more than bridges and works with so many more materials than iron.  It may seem even more questionable to include Chicago Bridge and Iron among alternative energy companies.  However, since February 2013 when CB&I bought out The Shaw Group with its nuclear power plant construction services, CB&I has jumped directly into the alternative energy...

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...

Nuclear Stocks: Too Hot for an Eco Portfolio?

Guest Author Nuclear energy is not the “bad boy” it once was For many years, nuclear energy was labelled as a potential threat to the environment as well as the global population.  Interestingly enough, the memories of the disasters at Chernobyl and Three Mile Island are now distant and the perspective of nuclear energy is changing in positive fashion.  The growing worries created by the ballooning demands on the world’s energy sources, an increase in the competition for energy supplies, rising concerns regarding global warming, and the volatility of the gas and oil prices are reasons that...
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. This list was last updated on 1/17/2021. Ameren Corp (AEE) Areva (ARVCF) Assystem SA (ASY.PA) Brookfield Business Partners (BBU) BWX Technologies, Inc. (BWXT) Cameco Corporation (CCJ) Centrus Energy Corp (LEU) China General Nuclear (1816.HK) Dominion Energy Inc (D) Duke Energy Corp (DUK) Electricite de France S.A. (EDF.PA, US ADR: ECIFY, US OTC: ECIFF) Exelon Corp. (EXC) FirstEnergy Corp (FE) Fluor Corporation (FLR) Fortum Oyj (FORTUM.HE) General Electric (GE) Global Power Equipment (GLPW) Global X Uranium ETF (URA) Hitachi, Ltd. (6501.T, HTHIF, HTHIY) IBC Advanced Alloys Corp (IAALF) International Isotopes (INIS) Kansai Electric Power Co Inc (9503.T) Kazatomprom (0ZQ.F) Korea Electric...

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...

Smale Scale Nukes

by Debra Fiakas CFA The on-going crisis at one of Japan’s key nuclear power plants following earthquake and tsunami damage has everyone, even proponents of nuclear energy on edge. Previous nuclear accidents, such as the disasters at Russia’s Chernobyl reactor and the U.S.’s Three Mile Island, were traced back to human error. Now it appears regulators and operators of Japan’s Fukushima plant may have had some awareness that the plant design could not withstand the onslaught of a major tsunami. Again better human performance may have averted the situation that now threatens a breach of a reactor core. Designers...

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...
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