Tennessee Just Approved the U.S. Nuclear Power Renaissance
It all went down just a few days ago in Knoxville, Tennessee.
Tennessee Gov. Bill Lee signed an executive order creating the Tennessee Nuclear Energy Advisory Council, which will now move forward on a new plan that will put the Volunteer State at the forefront of developing new nuclear energy technologies for the U.S.
What makes this particularly interesting, however, is that after doing a little digging, I discovered exactly what kind of new nuclear energy technology the state of Tennessee is going to pursue.
It’s a technology that’s really only been perfected by one company, and make no mistake — that company is already in bed with the Tennessee Valley Authority (TVA).
The technology is based on what’s called small modular nuclear reactors, or SMRs. The TVA has gone on record saying that it’s actively partnering up with companies that are developing these reactors.
But there’s one company in particular that’s of particular interest because this is the company that makes it possible for SMRs to work.
Make no mistake: SMRs are the future of nuclear. The governor of Tennessee has planted that flag in Knoxville, approving a plan that will actually help fund the development of these new SMRs.
Gov. Lee even held a press conference about it.
But one thing he didn’t mention in that press conference is the fact that there’s only one company that currently produces the fuel necessary to power these SMRs.
And that’s the company you want to own today. Our analysts have traveled the world over, dedicated to finding the best and most profitable investments in the global energy markets. All you have to do to join our Energy and Capital investment community is sign up for the daily newsletter below.
Our analysts have traveled the world over, dedicated to finding the best and most profitable investments in the global energy markets. All you have to do to join our Energy and Capital investment community is sign up for the daily newsletter below.
Because now that Tennessee is about to pony up a ton of cash to get these SMRs deployed, you better believe the company providing the fuel for these things is about to get a major shot of steroids.
Now, before I go any further, I should tell you why these SMRs are so important.
You see, while nuclear power is incredibly efficient, it’s also incredibly cost-prohibitive, and, of course, it carries with it the stigma of being unsafe.
This is why you haven’t seen much nuclear power development over the past 20 years.
But SMRs change all that.
Unlike conventional nuclear power plants, SMRs are incredibly inexpensive to build and operate — so much so that they can even operate without any government subsidies.
SMRs are also incredibly powerful.
They’re 40,835 times more powerful than natural gas.
Read that again — 40,835 times more powerful than natural gas.
Today, natural gas is the primary source of electricity in the United States.
But with SMRs offering more power and at a cheaper cost, how long do you think it’ll take for SMRs to rapidly take market share from natural gas?
It definitely won’t be long...
Especially now that the U.S. Department of Energy (along with Tennessee) is looking to fund an entire fleet of SMRs throughout the country.
That's great news for consumers since SMRs will result in cheaper energy costs, as well as great news for investors who are smart enough to buy shares of the only legitimate company providing the fuel for these new SMRs.
That's why our research team here at Energy and Capital has put together this short presentation detailing the specifics of this new nuclear technology as well as the company that’s going to fuel this new fleet of nuclear reactors.
Of course, now that this latest news out of Tennessee has come out, we’re seeing some serious buying volume on this stock. So if you’re looking to get a piece of what is certain to be the most disruptive energy technology since we moved from wood to coal, I would urge you to do so now — because this thing is gearing up for a major move.
To a new way of life and a new generation of wealth... Jeff Siegel
To a new way of life and a new generation of wealth...
Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor's page.
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