The Australasian Investment Review reports on nuclear power's improving image.
The movie `China Syndrome` worked to create a society fearful of the dangers of nuclear power, and while the fear now is more one of rogue states developing nuclear weapon capabilities the negative sentiment towards uranium remains.
As SB Citigroup notes, the combined impact of changes to key environmental policies and the growing cost of high oil prices is resulting in a gradual improvement in the perception of uranium, a trend GSJB Were suggests is likely to continue.
The broker points to the declining level of fossil fuels as a factor in keeping uranium in the spotlight, while improvements in the safety and performance of nuclear power generators and concerns over the levels of greenhouse gas emissions from other power sources are likely to see demand continue to increase.
One advantage nuclear power offers over alternatives such as coal and gas is it is cheaper to keep plants running, as the traditional cost structure of a nuclear plant is one of high capital costs in the establishment phase but low fuel costs during its operation.
The movie `China Syndrome` worked to create a society fearful of the dangers of nuclear power, and while the fear now is more one of rogue states developing nuclear weapon capabilities the negative sentiment towards uranium remains.
As SB Citigroup notes, the combined impact of changes to key environmental policies and the growing cost of high oil prices is resulting in a gradual improvement in the perception of uranium, a trend GSJB Were suggests is likely to continue.
The broker points to the declining level of fossil fuels as a factor in keeping uranium in the spotlight, while improvements in the safety and performance of nuclear power generators and concerns over the levels of greenhouse gas emissions from other power sources are likely to see demand continue to increase.
One advantage nuclear power offers over alternatives such as coal and gas is it is cheaper to keep plants running, as the traditional cost structure of a nuclear plant is one of high capital costs in the establishment phase but low fuel costs during its operation.
