Nuclear Energy Is Set To Grow, Says Macquarie

With energy prices generally lower and in need of tighter supply to provide oil, natural gas and coal signs of pricing life comes Macquarie commodities research shows the increasing trend for more nuclear energy usage.

Macquarie follows Goldman in climbing aboard the nuclear trend

This past July Goldman Sachs predicted increased nuclear energy usage, establishing a price target nearly 20 percent higher for uranium, then calling it “the clean, affordable alternative fuel of the future,” as reported in Valuewalk. It is against this backdrop that the Macquarie Research notes “the quiet return of nuclear power.”

Nuclear power has been a...