Even so, popular plays like Bloom Energy, FuelCell Energy and Plug Power are still up from their pre-boom price levels. Last year’s hydrogen fuel cell stock bubble may have already popped.

But buying CCJ stock ahead of a possible nuclear power boom could be a wise move in hindsight. It may take a while for uranium to experience another surge. But the price of uranium would likely see a substantial boost from its current market level around $32 per pound. Maybe not to extreme prices, like the $140 per pound briefly seen in 2007. This, in turn, could result in a big increase in uranium prices. But if the Buffett/Gates project is a success, it could signal that nuclear energy is making a comeback as a major electricity source. This has been consistent for the past 30 years, even as many power plants have been decommissioned. Right now, nuclear power generates 20% of America’s electricity. But if the TerraPower/PacifiCorp deal is just the start of a nuclear power wave in the U.S., Cameco shares may have more room to rally. Up more than 90% in the past year, you may think you missed the chance to ride the CCJ stock rebound. China, India, Egypt and Turkey have been investing in new nuclear reactors, which has already driven more interest in uranium plays like CCJ stock. The Gates/Buffett deal may be making headlines, but there’s already been a wave in nuclear power usage outside the United States. But their profit timeline and clean-hydrogen experiment means BE stock may be the best way to play this clean energy trend. But Bloom Energy has the shortest timeline to profitability. Besides BE stock, there’s FuelCell Energy (NASDAQ: FCEL) and Plug Power (NASDAQ: PLUG). Sure, there are many hydrogen fuel cell plays out there. This may be enough to send shares up from their current price of $24 and toward previous highs. Yet projections still call for this industry to grow at a healthy clip through 2027. Unfortunately, the president’s still-pending bill favors the battery-run electric vehicle (EV) space more than the hydrogen fuel cell industry.

In the near term, Bloom Energy could be helped by more indicators that hydrogen will play a role in a post-fossil fuel world. For now, it may not have a big impact on the near-term price action of Bloom Energy shares. This possible catalyst for a BE stock bump is still in its early stages. Recently, the company signed a deal with Idaho National Laboratory to run experiments using nuclear energy to generate clean hydrogen. But when you dive into the details, there may be a nuclear connection with BE stock. Source: Sundry Photography / Īt first glance, oxide fuel cell company Bloom Energy has little to do with the Buffett/Gates deal. Ocean Power Technologies (NASDAQ: OPTT).So with the business community charging ahead toward a carbon-free future, which companies could benefit? These seven clean energy stocks have already gotten investors’ attention and could be just starting to heat up: And if nuclear power is part of the equation, the uranium sector may go along for the ride with conventional clean energy sources. Yet the private sector isn’t slowing down with its green pivot. A subsequent boom in nuclear power may take years to play out, and the government may be slow to implement policy changes. Sure, this project is only in its infancy. Advanced nuclear reactors are safer than traditional reactors and could help the world make the full shift away from fossil fuels. Uranium-based energy has gotten negative publicity, but has significantly improved in quality over the years. The clean energy sector does include nuclear power, but is largely focused on solar, wind and other less-controversial sources. Gates’ Terrapower is partnering with PaciCorp, which is owned by Buffett’s Berkshire Hathaway (NYSE: BRK-A, NYSE: BRK-B), to build an advanced nuclear reactor on the site of an old coal plant in Wyoming. The White House may still be working on its game plan to go green.īut a recent deal involving Bill Gates and Warren Buffett highlights how the business community is charging ahead with clean energy. This makes sense, given that Congress is still kicking the tires of President Joe Biden’s ambitious multi-trillion dollar green energy plan. After zooming on “blue wave” election results, clean energy stocks have cooled in recent months.

Natron energy stock ticker symbol