Get Ready for This 'Controversial' Inevitability in Energy

Oil and gas are what most folks traditionally think of when they think of 'energy'... But the world is more complex than that... And that means more opportunity – particularly in a corner of the energy market that many people know but few have studied. In fact, this sector has quietly been a bedrock of […] Not rendering correctly? View this e-mail as a web page [here](. [Empire Financial Daily] Get Ready for This 'Controversial' Inevitability in Energy By Whitney Tilson --------------------------------------------------------------- ['Project E-92' is about to take the mainstream media by storm]( Right now, a secretive movement Whitney has codenamed "Project E-92" is afoot in Washington to launch the next big game-changing technology. If he's right, it's going to hit the mainstream radar around October 10. [Find out how to get your money there first and reap the rewards as this megatrend kicks off here](. --------------------------------------------------------------- Oil and gas are what most folks traditionally think of when they think of 'energy'... But the world is more complex than that... And that means more opportunity – particularly in a corner of the energy market that many people know but few have studied. In fact, this sector has quietly been a bedrock of the energy space for the better part of a century – and responsible for $60 billion in output and a half million jobs in the U.S. alone. But folks almost never stop to think about it these days. This is ironic, because throughout most of its history, it has been cloaked in controversy. That has led to a public opinion that has nothing to do with its fundamentals... which has led to apathy... which has created an astonishing investment opportunity today. We're talking about nuclear power... "Nuclear power" is a catchall term from a process that starts with nuclear fission. Fission is when an unstable atom – usually uranium – loses one of the protons in its nucleus, becoming a slightly different version of that atom. That process releases an extraordinary amount of heat, which nuclear power tries to harness. To start, the process takes heat. But once it gets going, the heat released can trigger nearby uranium into fission, creating a chain reaction. The concept is like putting a lit match to paper: heat to start, but once it starts, it keeps going until it runs out of fuel. During the 1930s, physicist Robert Oppenheimer started to explore the potential of nuclear fission. And in the 1940s, that research accelerated into the Manhattan Project, the top-secret U.S. government project that ultimately developed the atomic bomb. This story is exciting enough that Oscar-winning director Christopher Nolan made a blockbuster film about the scientist's life. Released this summer, Oppenheimer – with a talent-filled cast including Robert Downey, Jr. and Matt Damon – tells the story of the development of this fearsome weapon. But most critically, the movie also shines a light on the scientists' goals to harness this power for peaceful purposes. Far from the giant explosions portrayed on film – and seared into the world's consciousness after World War II, with the atomic bombings of Hiroshima and Nagasaki in Japan – nuclear energy has become a workhorse of U.S. industry. From turning on your lightbulb to powering advanced U.S. Navy ships, nuclear energy is behind an extraordinary amount of economic activity... And its influence is only likely to grow because it is effective, clean, and safe. Nuclear power has finally hit a tipping point to where it is finding bipartisan support in Congress... and across the globe. For those who focus on economics, nuclear power is cheap, efficient, and creates competitive jobs. For those who focus on the environment, nuclear power creates zero-emission energy. Nuclear power is becoming a "purple" issue – one that can unite both red and blue states – and that's why we're reaching a critical inflection point. Regardless of your political leanings, nuclear power is an inevitability. Not only are both sides of the aisle getting behind it, but some of the world's greatest investors are pouring money into the space, too. --------------------------------------------------------------- Recommended Link: ['The Prophet' issues a MAJOR warning...]( He called the exact day that Bitcoin peaked... He predicted the exact hour marijuana stocks would begin their collapse... He even predicted the exact day the market would bottom after the COVID collapse... He's nailed so many major market moves with such accuracy that CNBC called him "The Prophet"... Now, he's issuing the boldest warning of his career... right down to the hour. He's predicting an EXTREMELY rare event is set to occur... one that hasn't happened for 15 years. Millions of Americans will be taken by surprise when this happens. But you have an opportunity to prepare yourself NOW. [Click here to reveal his message in full](. --------------------------------------------------------------- To examine the case for nuclear power, let's walk through a real-life example of an entire country that was able to shift its electricity generation over – resulting in tremendous ecological and economic benefits... In the late 1960s, Sweden slowed its reliance on hydropower to protect some of its remaining undammed rivers. However, the spikes in oil prices during the 1970s concerned politicians who worried about the economic effect of supply disruptions... So the country turned to nuclear power. The results were spectacular. From 1970 to 1990, economic output rose 50%, electrical output rose 100%, and emissions per Swede fell 50%. Today, Sweden remains one of the wealthiest countries in the world, with a GDP per capita far outpacing other "rich" countries like the U.K. and Japan, and just behind the U.S. This is in large part due to its export-driven manufacturing sector, which itself is reliant on cheap electricity (which, we should note, is much like the U.S.). Why is nuclear electricity so cheap and effective? It starts with the fuel... One pound of uranium fuel produces as much electricity as roughly 2 million pounds of coal. The amount of fuel required to run a nuclear unit for a year can fit on a truck. The same output from coal would take 25,000 rail cars. It's almost incomprehensible, but to put it in simple terms, the energy released by uranium weighing one penny would be equal to five tons' worth of coal. As a result, uranium is far less wasteful and far easier to store, transport, and mine. It's the single most efficient fuel that mankind has managed to safely exploit. That efficiency also applies to nuclear energy facilities. Sweden built 12 units on four sites, and yet they produce 40% of its total electricity. Its largest site, Ringhals, occupies just a quarter square mile of land – but it packs a mighty punch. Let's put it in power terms, where the watt is the basic unit of power – think of, say, your 50-watt lightbulb – and a watt hour is an amount of power over a unit of time. Ringhals generates 24 trillion terawatts of electricity per year. That's enough to power all of Los Angeles... and it's all from two units operating quietly in the Swedish countryside. What would that look like from another source? If Ringhals were powered by coal, it would require more than 10 million tons per year, on a train more than 1,000 miles long. If it were oil, it would require 40 million barrels to be transported on 20 supertankers. What about renewable energy? Environmental groups have long favored it for the obvious benefit that it produces no emissions, and for the ancillary benefit that it has a long asset life. Unfortunately, renewables don't work around the clock in the same way that other electricity sources do. Because wind blows intermittently, it would take 3 times the total capacity of a nuclear facility to produce the same amount of energy. To replicate Ringhals would take 2,500 turbines placed on towers dotted across 400 square miles of countryside. Solar is much the same, because the sun only shines during the day, and when there is no cloud cover. To replicate the output of Ringhals would require a solar farm of continuous panels over some 80 square miles. And none of these address renewables' great shortcoming: intermittency. Because wind doesn't always blow and the sun doesn't always shine, renewables can only supplement a power grid, not power it entirely. And while battery technology exists – and has for quite literally centuries – it is expensive and enormous. To install enough batteries to back up one day's worth of global electricity would cost $20 trillion – or about a quarter of global annual economic output. Take a look at this breakdown... Given these options, it's no wonder that Sweden pursued nuclear energy... and it's no wonder that the country's economic wealth has boomed as a result. Again, nuclear fuel is the most efficient energy source mankind has ever discovered. That's why, in the latest edition of our Energy Supercycle Investor newsletter, we just identified seven stocks to take advantage of the setup in nuclear power... Part of the catalyst has to do with a historic, yet virtually unreported technology-and-policy initiative I've identified as "Project E-92." Roughly $5 billion in elite private capital – and counting – has already quietly shifted into position to score massive profits on "Project E-92." This includes money from legendary investors and venture capitalists like Bill Gates, Jeff Bezos, Peter Thiel, Sam Altman, and many others. Get the full story – and learn how to gain instant access to the seven stocks my team and I have identified that are poised to soar as a result – [right here](. Best regards, Whitney Tilson --------------------------------------------------------------- If someone forwarded you this e-mail and you would like to be added to the Empire Financial Daily e-mail list to receive e-mails like this every weekday, simply [sign up here](. © 2023 Empire Financial Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Empire Financial Research, 1125 N. Charles Street, Baltimore, Maryland 21201 [www.empirefinancialresearch.com.]( You received this e-mail because you are subscribed to Empire Financial Daily. [Unsubscribe from all future e-mails](