Home / Business and Economy / Nuclear Stocks Soar as Clean Energy Demand Rises
Nuclear Stocks Soar as Clean Energy Demand Rises
18 Nov
Summary
- Interest in nuclear power growing amid supply chain issues
- Hyperscalers and data centers moving to net zero carbon sources
- Mizuho analyst identifies 17 stocks that can benefit from nuclear trends
According to a recent report by Mizuho analyst Maheep Mandloi, interest in nuclear power is growing, especially as traditional gas generation supply chains face stress and more companies aim to achieve net zero carbon emissions. Mandloi has identified 17 stocks that can potentially benefit from this trend.
The report notes that "interest in nuclear power is growing, especially as load growth stress-tests traditional gas generation supply chains and more so as net zero goals require hyperscalers and data centers to move to net zero carbon sources." This shift towards nuclear energy is being driven by the need for reliable and clean power sources to support the growing demand for data and computing services.
As companies strive to reduce their carbon footprint and meet ambitious net zero targets, nuclear power is emerging as a viable option. Hyperscalers and data centers, in particular, are leading the charge in this transition, as they seek to power their operations with carbon-free energy sources.
