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Message: High Conviction: An Underpriced Nuclear Energy Pure Play

High Conviction: An Underpriced Nuclear Energy Pure Play

posted on Apr 08, 2010 07:58AM

http://seekingalpha.com/article/197680-high-conviction-an-underpriced-nuclear-energy-pure-play

click above link for full article

Last month, President Obama redoubled his efforts to promote nuclear power as a clean energy source, saying that $8.3 bn in loan guarantees for the first nuclear power plant to be built in three decades was “only the beginning”. Portraying nuclear energy as a key part of cutting emissions as well as creating new jobs, the president appealed for bi-partisan support to build more reactors.

This renewed support for nuclear energy in the US and the rest of the world, notably in China, is good news for the industry and for EnergySolutions. In the US alone, $6bn of stimulus money are planned to be spent by 2011 and over $21bn of prime contracting opportunities with the DOE have been identified.

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