One area that seems to be overlooked in the energy transition is nuclear energy. This is an existing zero-emission technology that currently provides over 18% of electrical capacity in the US. At the most recent COP 28 gathering of nations to address global climate change, a declaration was signed to triple nuclear capacity by 2050.
This is a really big deal. We’ve invited Jay Surina, Managing Partner at Pelican Energy to educate us on the current state of nuclear energy. What Jay has to say may surprise you. New reactor designs promise to expand nuclear power tremendously. Cheaper, emission-free baseload energy could be a game changer for the global economy.
This podcast was recorded on February, 27th 2024. The respective opinions expressed are those of Mr. Surina and the Biltmore Family Office, LLC investment team. The opinions referenced are as of the date of this podcast and are subject to change without notice. This material is for informational use only and should not be considered investment advice. The information discussed herein is not a recommendation to buy or sell a particular security or to invest in any particular sector. Forward-looking statements are not guaranteed. BFO reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs and there is no guarantee that their assessment of investments will be accurate. The discussions, outlook and viewpoints featured are not intended to be investment advice and do not take into account specific client investment objectives. Before investing, an investor should consider his or her investment goals and risk comfort levels and consult with his or her investment adviser and tax professional.
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