/biz/ - Business & Finance

So UUUU and other Uranium stocks are a good investment idea for the long term here's why

https://www.energy.gov/ne/nuclear-reactor-technologies/small-modular-nuclear-reactors
https://www.world-nuclear.org/information-library/nuclear-fuel-cycle/nuclear-power-reactors/small-nuclear-power-reactors.aspx

Biden Admin and Trump Admin both were in agreement on this-
https://www.federalregister.gov/documents/2021/01/14/2021-01013/promoting-small-modular-reactors-for-national-defense-and-space-exploration
(Trump executive order - not revoked)

https://www.popularmechanics.com/science/energy/a35382007/biden-nuclear-energy-plan/
>Biden wants to create an ARPA-C agency for climate technology goals in particular. Per Biden’s plan, the ARPA-C initiative “will target affordable, game-changing technologies to help America achieve our 100% clean energy target,” with a specific focus on small modular reactors at “half the construction cost of today’s reactors.”

NuScale is leading the way with a power plant design being finalized
https://www.forbes.com/sites/jamesconca/2021/01/14/nuscale-small-modular-nuclear-reactor-moves-another-step-forward/?sh=7b7dd0252642

Once these startup small reactor companies eventually go public it's also a good idea to invest in them, basically small modular reactors will
>1. Shore up the weak points of renewables
>2. Provide consistent power and heat where renewables can't
>3. Possible replace renewables in the long term by providing 10x more power for less surface area/maintenance