Is Nuclear Energy The Solution To The Global Energy Crisis?
By Alex Butler, Business Development Associate
Nuclear energy is poised for growth. With oil prices soaring globally, especially in Europe, governments and companies are investing in alternative forms of energy. With Japan announcing in August they are reopening 7 reactors and the US announcing $30 billion in tax credits in nuclear energy investments, this has set the stage for countries all over the world to begin or continue their efforts into investing in nuclear energy. For example, Germany is considering reopening their reactors, France is constructing 14 new reactors, and India is planning on building a “mega-reactor” to all pivot from their current dependence on oil and coal. Shifts in the geopolitical environment have allowed for the nuclear energy/uranium industry to have huge growth prospects in both the short and long term.
The MVIS® Global Uranium & Nuclear Energy Index (ticker: MVNLR) tracks the performance of the largest and most liquid companies in the global uranium and nuclear energy industries.
The MarketVectorTM Global Uranium and Nuclear Energy Infrastructure Index (ticker: MVNUCL) provides exposure to companies operating in the global uranium and nuclear energy infrastructure sector.
MVIS® Global Uranium & Nuclear Energy Index
MarketVectorTM Global Uranium and Nuclear Energy Infrastructure Index
Source: MarketVector IndexesTM. Data as of October 10, 2022.
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About the Author:
Alex Butler is a Business Development Associate at MarketVector Indexes GmbH. At MarketVector IndexesTM, Alex works closely with the business teams and clients to help tailor indexes and index data to meet client needs. Prior to joining MarketVector IndexesTM, Alex led the Americas Business Development team at S&P Global (Formerly IHS Markit, Markit) for ETF and Index Management. Alex is a product expert for ETF and index data. Alex studied at Elon University with a BA in Economics along with a focus on Information Science.
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