Pretty clear cut, electric vehicles will mean more nuclear plants.
Uranium's cost is something like 3% of the cost to run a nuclear plant. In other words, it could skyrocket and have little impact on cost of electricity. If demand goes up, price could go up alot.
The trouble is, I haven't found any good way to play this. And it is a long term fundamental type bet.
Uranium Participation Corporation is a joke of an investment, kind of like UNG.
Comments?
Ideas?
