37 nuclear reactors in just ten years.
That’s how many China has built and now operates in an attempt to wean itself off coal-fired power.
To put that into perspective, in the past ten years, the U.S. added two.
But the devil is in the details.
While this news instigated a lot of ‘China is kicking our ass’ rhetoric, the truth is that the future of nuclear power is not about quantity — it’s about affordability.
In other words, while nuclear power is one of the most reliable forms of power in the world, it still carries with it the burden of being cost prohibitive without subsidies. 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.
The Truth Will Make You Rich
Back in 1954, Lewis Strauss, the first chairman of the Atomic Energy Commission, said nuclear power would someday make electricity too cheap to meter.
GE (NYSE: GE) doubled down on the hype in an advertisement that stated nuclear reactors would be privately financed without government subsidies within ten years.
How did that work out?
Well, from 1948 to 2008, more than $85 billion in subsidies were ponied up for the nuclear industry.
Fast forward to 2022, the industry was given a $6 billion welfare check from the Feds as part of Joe Biden’s infrastructure law — just to keep the current fleet of nuclear reactors operational.
While traditional nuclear power has proved to be extremely integral to the security of our grid, as it provides baseload power without the burden of carbon emissions, it would be foolish to ignore the fact that it can’t survive without being propped up by taxpayers.
And with natural gas and renewable energy so cheap now, it’s clear why the government had to step in. But the nuclear subsidy train has been chugging along for 75 years — and there’s no indication that the industry can ever survive without government assistance.
This does not bode well for the future of the nuclear industry, particularly in a cash-strapped world. Which is why the industry has been spending billions of dollars to develop a new fleet of nuclear reactors that are not only environmentally superior to the old ones, but can actually operate profitably and without an Uncle Sam sugar daddy.
If you’re a regular reader of these pages, you’re familiar with small modular reactors, also known as SMRs.
SMRs boast a number of advantages of conventional nuclear reactors, including:
- Lower initial capital costs
- Siting flexibility
- Greater scalability
- Safer and more secure than conventional nuclear reactors
- Cheaper to maintain
This reactor technology has actually progressed quite rapidly over the past few years, and in fact, is now starting to bear fruit for investors.
This is particularly true in the case of the fuel required to run SMRs, which is called Tri-Fuel 238. And compared to traditional nuclear fuel is a game changer of epic proportions.
It’s 40,835 times more powerful than natural gas, 67,389 times more potent than gasoline, and it’s completely emission-free.
It’s also so cheap to produce that it undercuts every other form of energy on the planet.
Wind, solar, conventional nuclear power, oil, gas, coal, you name it — “Tri-Fuel 238” beats everything else we’ve ever used when it comes to cost, efficiency, power density, and even environmental sustainability.
But to be honest, it really does all boil down to cost.
We know that conventional nuclear power simply can’t work from an economic perspective without government support. Not only is this unsustainable, but as the costs of renewable energy and energy storage continue to plummet, the cost burden on nuclear will just become greater.
This, dear reader, is why the government is now backing the development of SMRs. And of course, we’re going to make some money from this by owning the only reliable supplier of Tri-Fuel 238 on the planet.
That company is featured in this new report called, “The Undiscovered Tech Company Behind the Coming Tri-Fuel 238 Revolution,” which you can get access to with this link.
Bottom line: the future of nuclear power will be found not in traditional nuclear power plants, but in SMRs. And that’s why we’re so bullish on Tri-Fuel 238.
Even if you’re not particularly interested in nuclear power, I know you’re interested in making a lot of money. So you might as well make it with Tri-Fuel 238.
Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.