Agree Free, when/if the Uranium bull comes it will be fierce....

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09/07/19

16:49

Post #: 39442360
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Originally posted by Freehold ↑

Musing on New Energy.

New energy Revolution - as the world hurtles toward a new energy future has anyone stopped to think about where all this "future energy" is going to come from to power theses millions of cars, trains planes and ships etc ?

Its clear to me that I could completely cover the roof of the house I live in with Solar panels (along with battery storage) and still not be able to adequately charge my car and run my house. So with coal and other fossil fuels in general being phased out and mildly cleaner but still emitting Co2 gas likely to become more expensive there were does that leave us ? Unless solar and its other green cohorts becomes much more efficient (Currently only 20-30% of energy that hit a solar panel is harvested from memory I think) , or there is a massive uptick ...and I mean massive, in Hydro, Geothermal, Wind, Solar and tidal, Wave etc then where can we expect to get energy from...?

You've guessed it already? No ...

Nuclear - will be the answer IMHO. Especially for areas where the population is highly concentrated and there is little sunlight wind hydro etc etc ... Perhaps the theme of the Mad Max films are not to far away from the truth for the future. Disparate populations clusters concentrated around area's where efficient renewable energy sources/hubs exist.

Sooner or later Uranium will come back into focus IMO. Its just seems logical.

PS: All bets are off though if they they can "trick up" fusion Energy (H2o/Helium 3 ) as a source. If...

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Agree Free, when/if the Uranium bull comes it will be fierce. Care to share your preferred exposure, if any

XAO Value at posting: 6,750.1
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0 Great analysis

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