Cathie Wood’s Ark Invest Says Nuclear Energy Could Overtake Solar As Cheapest Power Source: Here’s A List Of Nuclear Energy Linked ETFs To Consider Rishabh Mishra Markets

After grappling with regulatory hurdles, rising capital costs, and rapidly declining costs of renewables like solar, Cathie Wood‘s Ark Invest highlights in its new research that nuclear energy can potentially emerge as the lowest-cost source of electricity, outcompeting solar.

What Happened: A new research note from Sam Korus, the director of research for autonomous technology and robotics at Ark, published on May 14, highlights that nuclear power’s promise of reliable baseload energy was overshadowed by soaring expenses, particularly after the 1970s.

While solar costs have plummeted, Ark Invest’s analysis highlights a crucial, often overlooked factor: utilization rates.

“A quick glance suggests nuclear wouldn’t be as low as solar on a cost-per-watt basis,” the research note explains, “but importantly, the first glance misses a key point: nuclear plants operate at more than 80% utilization, while solar plants operate at a capacity utilization rate in the low 20s%.”

When adjusted for this, the playing field dramatically shifts, explains Korus in his research.

The research proposes four potential cost scenarios for nuclear, …

Full story available on Benzinga.com

After grappling with regulatory hurdles, rising capital costs, and rapidly declining costs of renewables like solar, Cathie Wood‘s Ark Invest highlights in its new research that nuclear energy can potentially emerge as the lowest-cost source of electricity, outcompeting solar.

What Happened: A new research note from Sam Korus, the director of research for autonomous technology and robotics at Ark, published on May 14, highlights that nuclear power’s promise of reliable baseload energy was overshadowed by soaring expenses, particularly after the 1970s.

While solar costs have plummeted, Ark Invest’s analysis highlights a crucial, often overlooked factor: utilization rates.

“A quick glance suggests nuclear wouldn’t be as low as solar on a cost-per-watt basis,” the research note explains, “but importantly, the first glance misses a key point: nuclear plants operate at more than 80% utilization, while solar plants operate at a capacity utilization rate in the low 20s%.”

When adjusted for this, the playing field dramatically shifts, explains Korus in his research.

The research proposes four potential cost scenarios for nuclear, …

Full story available on Benzinga.com

 After grappling with regulatory hurdles, rising capital costs, and rapidly declining costs of renewables like solar, Cathie Wood‘s Ark Invest highlights in its new research that nuclear energy can potentially emerge as the lowest-cost source of electricity, outcompeting solar.
What Happened: A new research note from Sam Korus, the director of research for autonomous technology and robotics at Ark, published on May 14, highlights that nuclear power’s promise of reliable baseload energy was overshadowed by soaring expenses, particularly after the 1970s.
While solar costs have plummeted, Ark Invest’s analysis highlights a crucial, often overlooked factor: utilization rates.
“A quick glance suggests nuclear wouldn’t be as low as solar on a cost-per-watt basis,” the research note explains, “but importantly, the first glance misses a key point: nuclear plants operate at more than 80% utilization, while solar plants operate at a capacity utilization rate in the low 20s%.”
When adjusted for this, the playing field dramatically shifts, explains Korus in his research.
The research proposes four potential cost scenarios for nuclear, …Full story available on Benzinga.com   Read MoreAnalyst Color, ARK Invest, BWXT, CEG, costs, energy, Equities, ETR, LEU, LTBR, Market Summary, News, NLR, nuclear energy, NUKZ, OKLO, QQQ, Sam Korus, Sector ETFs, SMR, Solar, solar energy, SPY, TLN, URAN, URAX, URNM, utilization, Broad U.S. Equity ETFs, Futures, Markets, Analyst Ratings, ETFs, General, URAN, NLR, US57060U7046, SPY, US78462F1030, CEG, ETR, US29364G1031, LTBR, US53224K1043, QQQ, US73935A1043, LEU, TLN, BWXT, URNM, SMR, OKLO, NUKZ, URAX, Sector ETFs, News, Analyst Color, Equities, Market Summary, Broad U.S. Equity ETFs, Futures, Markets, Analyst Ratings, ETFs, General, Benzinga Markets