Few things are as controversial as nuclear energy. Although atomic energy has a tremendous safety record it attracts much more criticism than praise. That aside, uranium provides nearly one-fifth of the nation's energy. In fact, America produces more nuclear energy by far than any other country in the world. So it should go without saying that it figures to play an important role in the future of domestic energy.
Trends and forces in the power markets will go a long way in dictating the growth of atomic energy, which is a big deal for the generation companies. Here's how capacity stacks up in the industry:
Company |
Nuclear Capacity |
---|---|
Exelon |
19,000 MW |
Duke Energy |
11,350 MW |
Southern Company |
8,280 MW |
NextEra Energy |
5,691 MW |
The producers above have faced varying degrees of difficulty with short-term trends. Will these drag out over the long term? Where is domestic nuclear energy production heading? Fool.com contributor Maxx Chatsko answers those questions in the following video.