Global X, an investment management company that specialises in the creation and distribution of ETFs, launched one of the first ETFs with exposure to nuclear and uranium. Richard Siaw, its director for Asia, says that after more than a decade of hesitation following the Fukushima incident, nuclear energy has made a remarkable comeback recently, although it is relatively unknown to the wider public. Three factors underpin the return of nuclear energy: energy security, technological advancements and decarbonisation goals.
Nuclear energy has long been a sensitive topic, largely due to accidents that caused lasting harm to human health and the environment. Yet, it has made a comeback in recent years.
Proponents and investors are observing rapid developments in the design of nuclear power plants and a spike in energy demand for data centres and AI. The convergence of these factors makes nuclear energy an attractive long-term investment.
