Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Dividend logo

When it comes to beaten down and unloved forms of energy, coal is often thought of as the red-headed stepchild. After all, coal’s woes are pretty well televised, and the continued spate of coal miner bankruptcies is often in the headlines. But another form of unloved energy generation could be even worse off.

And we’re talking about nuclear power.

Since 2011, nuclear energy has gone downhill fast. More expensive than coal to produce, nuclear has continued to lose market share and face numerous shutdowns of generation facilities. But there could be hope on the horizon. President Trump has set his sights on reviving the beleaguered energy source. And that could be just what investors need to bet on the sector.

Game-Changing Disaster

Nuclear energy was undergoing a sort of renaissance in the early part of the decade. Rising power consumption, as well as higher natural gas and oil prices, meant that plant operators were willing to take on the higher costs for building nuclear power operations. Thirteen utilities including SCANA Corporation (SCG ), Exelon (EXC ) and Duke Energy (DUK ) applied for construction and operating licenses to build 25 new reactors. Nuclear was once again getting a severe look from utilities hoping to comply with new environmental rules as well as provide plenty of base-load power.

To read the Full Story, Go Premium or Log In

Popular Articles

Premium Shutterstock 489272518
News

The Market Wrap for December 15: Bulls Brush Aside Fed’s Rate Hike

Despite the rate hike by the Federal Reserve, some positive news about inflation and growing...

Dividend Investing Ideas Center

5 REITs That Pay Monthly Dividends

Any investor who looks to generate income from their portfolio has no doubt taking a look at real...

Premium Shutterstock 664949113
News

Set It and Forget It? Not with Your Portfolio!

It’s no secret that indexing has caught on like wildfire.

Many investors have embraced low-cost...