From the time disaster struck at the nuclear plant in Fukushima, Japan, the press and the public have created quite a furore over nuclear energy. Given the benefits of nuclear energy, it is no wonder that an increasing number of Asian countries that are hungry for energy are choosing nuclear energy and uranium investing as a viable option.
It became vital for the country to replace a lot of its nuclear energy with alternative green energy. Towards making a progress in the same direction, Japan announced that the month of July would commence with prime focus on solar investments for green energy stocks.
Nuclear energy is the sustained use of nuclear fission to generate electricity and heat. Nuclear energy has come under scrutiny because of disasters such as Chernobyl and Fukushima, but it is still an efficient source of power generation, which is why it continues to be used.
Uranium stocks are benefiting from a seemingly unstoppable growth in global energy demand for cleaner, more reliable sources. According to various studies, nuclear is cheaper than both gas- and coal-fired power in most countries.