VIEWS: 10 PAGES: 2 CATEGORY: Stocks and Bonds POSTED ON: 6/5/2012
Uranium stocks are benefiting from a seemingly unstoppable growth in global energy demand for cleaner, more reliable sources.These factors make investing in nuclear energy and uranium stocks a profitable proposition for many investors.
Visit us:- http://www.pennystockdetectives.com/ Demand of Uranium Set to Double Unconventional energy sources like nuclear energy are key sources to fulfill human race’s increasing needs. Nuclear energy can run at capacities that exceed other energy sources—over 90% capacity utilization—due to the uranium investing that goes into these nuclear energy plants.The International Atomic Energy Agency (IAEA) estimated that nuclear energy is next big thing in energy sector. Both countries believe that they can only fulfill their highly increasing population’s energy demands by investing in cost effective nuclear energy. Now it has become evident that world can not depend on conventional energy sources like oil to fulfill their needs. Unconventional energy sources like nuclear energy are key sources to fulfill human race’s increasing needs. Governments around the world are worrying about deficit n energy production in their respective countries. Though common man doesn’t see nuclear energy in very positive way there are certain advantages revolving around production of nuclear energy. There are no toxic substances like other energy sources. Another important factor is nuclear energy is very cost effective. Developing nations are increasing their dependence on nuclear energy because of this reason. Nuclear energy can run at capacities that exceed other energy sources—over 90% capacity utilization—due to the uranium investing that goes into these nuclear energy plants. The United Arab Emirates is currently facing crisis of energy deficit. Experts estimates that electricity demand will be growing by nine percent every year. Due to UAE’s rapid development and creation of mega cities it has registered such high demand for energy. Its much higher than rest of the world which is expecting demand to be 2.4%.To handle this problem UAE is now looking out for nuclear options. UAE is in first phase to launch four new nuclear plants. There is strong possibility that they will add four more nuclear plants to already existing tally. The International Atomic Energy Agency (IAEA) estimated that nuclear energy is next big thing in energy sector. Currently there are 27 plants currently under construction in the world with another 21 in the planning stages, the IAEA envisions there could be an additional 150 nuclear energy plants in the coming two decades. Nuclear energy not only become song of the day for energy sector slowly uranium stocks and uranium trading has become rage in stock market too. Uranium investing already consumed 170 millions pounds uranium in last year. The shocker is actual supply was of only 140 million pounds. Exploring uranium and start mining of it has a lengthy procedure. It could take almost 8 years to fulfill all the procedures to get uranium finally. That means if we invest in nuclear energy today, we will rip off its benefit only after eight years. The IAEA firmly thinks that mining companies must start exploring uranium now, or human race will face huge deficit in supply and demand of this precious mettle. Another deciding factor in uranium demand is demand from two giant countries India and China. Both countries believe that they can only fulfill their highly increasing population’s energy demands by investing in cost effective nuclear energy. Just signed Indo-US nuclear deal is a one more forward foot toward the aim. With increasing demand, uranium miners will be able to find financing for their uranium investing exploration. If they can’t find it in the marketplace, the governments of India, China, and the United Arab Emirates will be more than anxious to partner with them. Here lies the future of the business. So the bottom line is uranium stock prices will grow in leap and bounds and investors should watch the happenings in the sector closely. For more information visit us:-Uranium Stocks
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