The Energy Infrastructure Needed to Power Devices We Depend on is Massive

The Energy Infrastructure Needed to Power Devices We Depend on is Massive

The Energy Infrastructure Needed to Power Devices We Depend on is Massive

$URA, $GE, $HTHIY, $UUUU, $SYHBF

Human behavior is often influenced by new technologies.

Go to a local mall or sit on subway car and see how many people are glued to their cellphones and tablets.

Certainly advances in technology have, in many cases, made our daily lives easier.

The Big Q: Have you ever considered the infrastructure needed to power the devices we depend on day to day?

Many are asking how today’s new technological advances, including bigger TVs, EVs (electric vehicles), and Internet of Things (IOT) connected devices, will all work reliably without a significant nuclear power component in the nation’s power grid.

Uranium (NYSEArca:URA) is Key in today’s increasingly energy intensive economy, America needs to find new and better ways to make nuclear power work with other clean energy sources in order to make our power grid operate reliably, all day and night, every day and night.

This is an issue almost everyone takes for granted, and to be sure reliable electricity does not just happen.

Yes, energy storage innovation is advancing, along with renewable technologies.

The truth is that it will still be a number of years, if ever before energy storage can handle the intermittent power supplied from wind and solar at levels that can supply large communities or cities.

Additionally, there are only so many transmission lines that can be built to distribute energy evenly across the grid.

Therefore, using more domestic nuclear as a base-load energy source, complemented by renewables, should be a bigger part of the energy infrastructure equation.

China looks to be enjoying success integrating nuclear into their energy grid, while also addressing a growing, modernizing economy and chronic air pollution problems. And, they are doing it using standardized technologies based in part on Westinghouse’s AP1000 reactor design.

If the Chinese can do it, why can’t we do it here in the US?

I am not suggesting that we build new nuclear plants within the confines of every new microgrid that pops up around the country.

However, with continued enthusiasm for “small modular reactors (SMRs)”, most recently seen by the announced collaboration between GE and Hitachi, I do believe small, “scalable” nuclear power (average size 300 MWe or less) could be an intriguing and cost-effective option which meets stringent safety standards while also balancing a power grid which was designed during the 1900’s and, it was not built to handle the growing power demands of the 21st Century.

Last week Canada’s Skyharbour Resources (OTCMKT:SYHBF ) CEO Jordan Trimble  announced that he is continuing to make deals acquiring high grade Uranium prospects for cash and shares. “We still see a lot of upside from here and we’re hoping to unlock that value again through the drilling and through the strategic partnerships of some of our other projects,” he said in an interview Friday. Click here to read the complete interview with Mr. Trimble.

America’s youth largely supports clean energy, new technologies, and ways they can lower their energy bills and CO2 output. So with the growth in population comes a spike in IOT connected devices, and new energy-hungry technologies, grid stability and reliability must receive more attention.

That being the case there is a Key role for nuclear power in the future of energy, as renewables continue to displace fossil fuels.

Stephen Antony President/CEO of Lakewood, CO-based Energy Fuels (NYSE:UUUU) writes: “Today’s culture, whether seen through a private, corporate or government lens, is increasingly becoming digitized including artificial intelligence (AI), block-chain, robotics, and digital twin technology, all of which will require increasing levels of reliable power sources around the clock.

“While renewables are growing, there’s concern they are actually creating blackouts, a major concern considering our modern economy is becoming more and more energy intensive and reliant on stable sources of electricity. Germany, a leading nation when it comes to renewables, is demonstrating that closing nuclear power plants and rolling out huge numbers of wind turbines and solar panels may be counterproductive.

“In fact, CO2 emissions in Germany are rising, energy prices are increasing, and because of the focus on renewables, the country is experiencing grid instability, often requiring power companies to be paid to shut down their operations in order to prevent damage to the grid.

“Of course, there continues to be widespread efficiency and conservation efforts in Germany and around the world, yet these initiatives will only take us so far.”

US President Donald Trump’s cancellation of the Clean Power Plan last week adds yet another facet to the debate, in that President Trump’s Energy Independence Policy specifically supports the production of domestic nuclear energy resources.

Last years’ legislation in Illinois and New York attempts to level the playing field for nuclear, and can provide good examples for the Trump Administration to consider when planning future energy legislation.

We cannot  ignore the new pressures on our power grids, including decentralized micro-grids, which are growing quickly.

“Energy storage solutions and conservation efforts will help, but much more needs to be done to effectively balance the grid. It would be extremely foolish if, despite seeing increasing energy needs on the horizon, we fail to provide the proper infrastructure,” Mr. Anthony wrote.

So now, the case for consistent sources of clean base-load power generation, like that supplied by the nuclear sector, is more critical than ever despite what you might read or hear in the media that suggest otherwise.

Symbol Last Trade Date Change Open High Low Volume
NYSEArca:URA 15.2 7 April 2017 0.10 15.21 15.26 15.02 536,600
HeffX-LTN Analysis for URA: Overall Short Intermediate Long
Neutral (-0.22) Bearish (-0.39) Neutral (-0.21) Neutral (-0.07)
Have a terrific week.

 

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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