Archive for October 26, 2016

Three Reasons Why Investing in Nuclear Companies is Beneficial for the Future

Written by Business magazine. Posted in Investing in nuclear companies, Investing in nuclear energy, Nuclear energy investment

Investing in nuclear companies

If an individual was to ask the average person what their opinion is of investing in nuclear companies, they might be unsure if there are any benefits to them. The average person might hear the word nuclear and think it is bad or somehow not helpful. However nuclear energy has been proven to have longer lasting benefits than other alterative out there. For example, according to the US Nuclear Energy Institute there are many costs associated with running a plant, depending on what type it is. The cost for fuel expenses is 89% for gas plants, 78% for those that operate with coal, and only 14% for nuclear plants. Given the costs for running a plant, it is more effective to use nuclear, as well as cheaper in the long run. Although slightly over one half (51%) of Americans are in favor of using