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Tag - USU

 

 
Ian Wyatt

Prospecting for Huge Returns in Uranium Stocks

Flip on a light switch or appliance in the U.S. and there's an 80 percent chance that the electricity was generated using fossil fuels.

But despite the popularity of fossil fuels for electricity generation, there is now a surge in demand for another form of energy generation - nuclear.

About 20 percent of the U.S. electricity grid is lit up by nuclear energy. Here in Vermont for example, the Vermont Yankee reactor represents over half of the state's total electric generating capacity. In other parts of the world, especially Asia and India, nuclear energy is a new necessity in meeting the growing demand for inexpensive power.

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