Friday, January 11, 2019

Alternatives for Energy: Powerful Particles


“I love lists.  Always have. When I was 14, I wrote down every dirty word I knew on file cards and placed them in alphabetical order.  I have a thing about collections, and a list is a collection with purchase.”       ― Adam Savage, cohost of MythBusters and Unchained Reaction

The Energy Alternatives lists are no competition for Adam Savage’s dirty word list, but they still have plenty of ‘purchase.’  The annual update of Crystal Equity Research’s Energy Alternatives indices has been completed.  Merger, bankruptcies and just plain old ‘tossing in the towel’ actions took a number of companies out of our broadly defined sector of energy alternatives.  Undeterred by start-up risks, entrepreneurs and inventors have been busy bringing new technologies and solutions to the market.  The Energy Alternatives indices encompass over 750 public and private companies, all of which present interesting investment opportunities for the shrewd investor.
The Atomics Index

The Atomics encompasses groups of companies that extract energy trapped in the mighty atom.  Nuclear reactors, photovoltaic cells and hydrogen electrolysis are the tools of these companies.  Changes in this group have not been numerous.
France’s nuclear industry leader Areva went through reorganization, renaming its nuclear power and renewable energy segments Orano.  France’s Atomic Energy Commission still owns a majority of the now private company.  In the U.S., the uranium fuel supplier for the nuclear power industry, the United States Enrichment Corporation, is now called Centrus Energy and trades under the symbol LEU.
Yellow Cake PLC (YCA:  LON) and Uranium Participation Corporation ( U:  TO) were added to the Nuclear Group.   Yellow Cake staged an initial public offering in mid-2018, to raise capital for its uranium trading activities.  It joins Uranium Participation in making a big bet on price of uranium in the next few years.
Visit the Crystal Equity Research website to view the updated The Atomics Index.  The next post looks at The Mothers of Invention, a wide ranging collection of companies embroidering some interest new technologies around renewable energy.

Neither the author of the Small Cap Strategist web log, Crystal Equity Research nor its affiliates have a beneficial interest in the companies mentioned herein.


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