Published
11 seconds ago
on
July 3, 2024
| 216 views
-->
By
Selin Oğuz
Graphics & Design
- Athul Alexander
The following content is sponsored by Range ETFs
An investment in any ETF involves significant risk.
See Important Information
×
Range Disclosures
Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s full or summary prospectus, which may be obtained by visiting www.rangeetfs.com/nukz. Read it carefully before investing or sending money.
Risk Disclosures: Investing involves risk, including possible loss of principal. There is no guarantee the Fund will achieve its stated investment objectives. The Fund is non-diversified. Its concentration in an industry or sector can increase the impact of, and potential losses associated with, the risks from investing in those industries/sectors. Investments in the energy industry are subject to significant volatility due to changes in commodity prices. Additional risks include changes in exchange rates, government regulation, world events, economic and political conditions in the countries where energy companies are located or do business, and risks for environmental damage claims. Nuclear companies may be subject to substantial government regulation and contractual fixed pricing, which may increase the cost of doing business and limit the earnings of these companies. A significant portion of revenues of nuclear companies depends on a relatively small number of customers, including governmental entities and utilities. As a result, governmental budget constraints may have a material adverse effect on the stock prices of companies in this sub-industry. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Investments in smaller companies typically exhibit higher volatility. The Fund may invest in securities denominated in foreign currencies. Because the Fund’s NAV is determined in U.S. dollars, the Fund’s NAV could decline if currencies of the underlying securities depreciate against the U.S. dollar or if there are delays or limits on repatriation of such currencies. Currency exchange rates can be very volatile and can change quickly and unpredictably. Distributed by SEI Investments Distribution Co. (SIDCO)
Visualized: 5 Ways Nuclear Can Power the Future
Global electricity consumption from data centers, cryptocurrencies, and artificial intelligence (AI) is poised for a dramatic leap, projected to nearly double between 2022 and 2026.
This surge highlights the ever-growing need for reliable and sustainable energy solutions to power our increasingly digital world.
Created in partnership with Range ETFs, this infographic highlights five reasons why nuclear power may be best suited to meet this growing demand, using data from various sources such as the U.S. Department of Energy and the U.S. Energy Information Administration.
Nuclear Power is…
Data centers and AI systems require substantial and uninterrupted electricity to power their computing and cooling infrastructure. Here’s how nuclear power can be a solution:
1. Low Carbon
Unlike fossil fuels, nuclear power generates electricity without emitting greenhouse gases. And because nuclear plants have long operational lives, their lifecycle emissions are comparable to renewable sources such as wind and solar, according to the UN Economic Commission for Europe, making it a crucial player in the fight against climate change.
2. Flexible
Advancements in nuclear technology have led to the development of smaller, more versatile reactors called small modular reactors (SMRs). These compact reactors can be located virtually anywhere, including right next to data centers. This flexibility reduces transmission loss and ensures a more efficient delivery of power where it is most needed.
3. Dependable
Data centers require uninterrupted power that intermittent energy sources, such as wind and solar, cannot consistently meet.
Nuclear power, on the other hand, is a dispatchable energy source, which means it can be quickly turned on and off to meet electricity demand in real time. This makes it incredibly dependable and fit for powering energy-hungry data centers.
4. Safe
Despite common misconceptions, nuclear power is one of the safest forms of electricity.
| Energy Source | Deaths per TWh of electricity production |
|---|---|
| Coal | 24.62 |
| Oil | 18.43 |
| Natural Gas | 2.82 |
| Hydropower | 1.3 |
| Wind | 0.04 |
| Nuclear | 0.03 |
| Solar | 0.02 |
The death rate per terawatt hour (TWh) of electricity produced from nuclear power is significantly lower than it is for coal, oil, and natural gas. Moreover, modern reactor designs, such as SMRs, now integrate advanced safety features that surpass even those of traditional nuclear reactors, further minimizing risks.
5. Optimal
Nuclear power has the highest capacity factor out of all other common electricity sources. This means that the ratio of its actual electricity output to its maximum possible output is very high.
In other words, nuclear power operates at full capacity 93% of the time, whereas geothermal, the energy source with the second-highest capacity factor, operates at full capacity 71% of the time. Natural gas comes in third place, with a capacity factor of 54%.
Nuclear’s high capacity factor means it can consistently meet large-scale electricity demands, making it an ideal solution for powering the growing number of data centers and AI operations.
The Resurgence of Nuclear Power
The rapid growth of AI and data centers is driving a resurgence of interest in nuclear power. Industry leaders and technology companies are investing in nuclear projects across the U.S. and beyond, recognizing its potential to provide a reliable, sustainable energy source.
As the demand for electricity continues to rise, nuclear power stands out as a leading solution to help ensure a stable and low-carbon energy future.
Consider investing in the bright future of nuclear power.
Learn more about the Range Nuclear Renaissance Index ETF (NUKZ) now.
Related Topics: #nuclear #etf #range #data centers
Click for Comments
var disqus_shortname = "visualcapitalist.disqus.com";
var disqus_title = "5 Ways Nuclear Can Power The Future";
var disqus_url = "https://www.visualcapitalist.com/sp/5-ways-nuclear-can-power-the-future/";
var disqus_identifier = "visualcapitalist.disqus.com-167559";
You may also like
-
Oil and Gas1 week ago
Visualizing Saudi Aramco’s Massive Oil Reserves
Saudi Aramco controls almost 259 billion barrels worth of oil and gas reserves.
-
Stocks1 month ago
Comparing Saudi Aramco’s $1.9T Valuation to Its Rivals
See how much larger Saudi Aramco’s market cap is compared to rivals like Chevron, ExxonMobil, and Shell.
-
Batteries1 month ago
Ranked: The World’s Largest Lithium Producers in 2023
Three countries account for almost 90% of the lithium produced in the world.
-
Energy2 months ago
Who’s Building the Most Solar Energy?
China’s solar capacity triples USA, nearly doubles EU.
-
Energy2 months ago
Mapped: The Age of Energy Projects in Interconnection Queues, by State
This map shows how many energy projects are in interconnection queues by state and how long these projects have been queued up, on average.
-
Automotive2 months ago
Ranked: The Top 10 EV Battery Manufacturers in 2023
Asia dominates this ranking of the world’s largest EV battery manufacturers in 2023.
Subscribe
Please enable JavaScript in your browser to complete this form.Join the 375,000+ subscribers who receive our daily email *Sign Up
The post 5 Ways Nuclear Can Power The Future appeared first on Visual Capitalist.