Nuclear power must play a significant role in energy generation Nuclear power must play a significant role in energy generation
                                                                                                     [Header]( Germany is Making a Big Mistake With Nuclear Power⦠Dear reader, Itâs widely accepted that in order for governments and large corporations around the world to reach net-zero carbon emissions, nuclear power must play a significant role in energy generation. Whatâs not agreed upon is the path weâll take to get there⦠China approved five new nuclear power projects over the past week. One of those approvals was the first phase of Jiangsu Xuwei. Itâs being built by a subsidiary of China National Nuclear Power â which trades on the Shanghai Stock Exchange under the ticker symbol â601985.SS.â As you can see below, the stock has a great looking chart. [China National Nuclear Power] But as China moves ahead with the expansion of its nuclear power industry to supply itself with clean, reliable energy, other countries are moving in the opposite direction⦠Germany has spent the last decade-plus shutting down its nuclear power plants. Just last week, it imploded two giant cooling towers at the Grafenrheinfeld nuclear plant, which was taken offline in 2015 after 33 years of service. [Nuclear Power] Eight more nuclear power plants were taken offline in late 2011 when former Chancellor Angela Merkel panicked following after the Fukushima accident in Japan. She ordered the country to phase out all nuclear power, and nothing has changed since. The last three nuclear power plants were permanently closed in April 2023 â officially ending a 60-year run of safe and low-emission power for the German residents. I believe Germany is moving in the wrong direction â especially considering the country also relies on gas from Russia and Ukraine, which have been engaged in a war that currently has no end in sight. Itâs an example of politicians pushing a narrative theyâre not educated on. There are currently about 440 nuclear power reactors in the world that provide approximately 9% of the worldâs electricity. According to the World Nuclear Association, roughly 30 countries are either considering, planning, or starting nuclear power programs. Three of those countries â Egypt, Turkey, and Bangladesh â have their first nuclear reactors under construction today. Meanwhile, several Eastern European countries and oil-rich Saudi Arabia have proposed nuclear reactors. In total, 60 nuclear reactors are under construction and another 110 are planned for the future. It shouldnât come as a surprise that the majority of those are located in Asia. I could write about this topic daily because there are so many statistics that back the use of nuclear power to generate energy. The progress thatâs happening is moving rapidly. But I donât want to overload you with information. Instead, itâs a topic Iâll cover from time to time. And you should expect to see nuclear power related stocks showing up in my investment letters, too. This is a megatrend you canât afford to miss, and I want to ensure that my subscribers are in position early. Hereâs to the future, [Matt McCall signature] Matt McCall
Editor, Market Insights P.S. Elon Musk changed the world with PayPal (PYPL). He took over the electric vehicle market with Tesla (TSLA). And then, he commercialized space for the first time ever with SpaceX. Now, Musk has something else brewing. Heâs about to turn the artificial intelligence (AI) landscape as we know it on its head. But we only have a few days to prepare. Thatâs why I recently held an emergency briefing to give you all the details and help you prepare. I hope you were able to attend. But if you missed it, I urge you to [click here to watch a recording of the event now](. This is a rare opportunity to potentially 10X your money in the coming year. Please, donât miss out. Check Out My Latest Podcast [12 updated]( The world is a wild place these days. That has led to volatility in the markets and big movements in individual stocks. And naturally, it has created many questions for investors and traders alike. So on [this episode of the SteadyTrade Podcast](, Tim Bohen and I review some of the biggest topics that we have been getting asked about. We cover everything from the potential escalation in the Middle East conflict that resulted in a market sell-off on news that the U.S. would send more military to the area to risk management strategies and Warren Buffettâs sale of half his stake in Apple (AAPL). [Check out the podcast to learn more.]( And donât forget⦠Weâre planning a special mailbag episode soon. Please send us your questions, concerns, or any stock market topics youâd like us to address at [info@steadytrade.com](mailto:/info@steadytrade.com). [Centurion Logo]( © Centurion Publishing
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