3 Ways to Invest in the Nuclear Energy Renaissance

The nuclear energy industry is making a strong comeback in 2024, fueled by the global demand for clean and dependable energy sources. Recent developments, like Constellation Energy's (CEG) deal with Microsoft (MSFT) to restart a Three Mile Island reactor, showcase the renewed interest in nuclear power from major tech companies looking to fuel their artificial intelligence (AI) ambitions without adding to their carbon footprint.

The global investment landscape reflects this nuclear resurgence, with total investment in nuclear power expected to hit $80 billion in 2024, nearly doubling the 2018 figure. This growth is part of a broader energy investment boom, with global energy investment set to surpass $3 trillion for the first time in 2024, and $2 trillion allocated to clean energy technologies and infrastructure.