Coal and Uranium

You might not be aware of this but most of the energy produced in American power plants comes from coal. Coal is a relatively cheap way to produce energy and there are new production methods that make the production more efficient and cleaner.

Emerging market are also becoming big coal users. Particularly China uses a lot of coal to create energy for its factories. China's economy is centered on production. It is no wander that there are many new power plants being build in emerging markets. Not only are the factories using the energy but also the people. As emerging markets become richer its people will want to use more energy to run their homes. They want to use modern home appliances which consume a lot of electricity.

The perception around nuclear energy is changing. More and more countries are seeing atomic energy as relatively clean. Modern nuclear plants are very safe. There is still the problem of nuclear waste but the amount of this waste is relatively small. Those atomic power plants will need a lot of uranium to run.

Besides the developed world there is also much interest for nuclear energy in emerging markets. Emerging markets have a very high need for energy and they see nuclear plants as a possible alternative to deliver it.