Uranium stone is seen at a news conference of Macusani Yellowcake and Plateau Energy in Lima, Peru July 16, 2018. Investors in uranium have sharply outperformed investors in clean energy and oil & gas majorsThe significance of that change extends well beyond Finland's power market, which gets over a third of its electricity from nuclear plants. The Global X Uranium ETF , the world's largest ETF exposed to the uranium space, is up 31% year-to-date, while Canada's first uranium ETF, the Horizons Global Uranium Index ETF (HURA.TO), is up over 45%, LSEG data shows. However, even with the broad new backing for nuclear, it is far from certain that a significant increase in nuclear power output will actually materialise. In addition, the cost of building new nuclear plants has sky-rocketed in recent years.

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Persons: Macusani, Mariana Bazo, NuScale, Gavin Maguire, Sonali Paul Organizations: Plateau Energy, REUTERS, Finland's Green Party, Green Party, Green, Finland Green Party, World Nuclear Association, Uranium, CME, France's EDF, EDF, Institute for Energy Economics, Reuters, Thomson Locations: Lima , Peru, LITTLETON , Colorado, Spain, Belgium, Sweden, Germany, Kazakhstan, Uzbekistan, Russia, Niger, China, Europe, United States, England, U.S