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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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For years, the narrative surrounding the nuclear energy sector was one of managed decline, with regulatory filings dominated by decommissioning schedules and site closures. However, a recent wave of global permit approvals and construction applications indicates a fundamental shift is underway. This regulatory momentum is providing a performance tailwind for the Range Nuclear Renaissance ETF (NUKZ), which offers exposure to companies across the nuclear energy ecosystem.
A major milestone for the domestic industry occurred this month when the Nuclear Regulatory Commission (NRC) approved a 20-year license renewal for the Diablo Canyon Power Plant. The extension keeps California’s largest source of carbon-free electricity operating through 2045, reversing earlier plans for a 2025 shutdown.
The decision reflects a growing bipartisan recognition of nuclear’s role in grid stability. For NUKZ, which holds PG&E Corp (PCG), the approval improves long-term cash flow visibility that had been previously uncertain.
Momentum is also building internationally as countries pursue new nuclear capacity. Poland recently submitted a construction license application for its first nuclear plant, featuring three Westinghouse AP1000 units. In Canada, Ontario Power Generation (OPG) applied for an operating license for the GE Vernova BWRX-300 Small Modular Reactor (SMR) project, a development that is significant for GE Vernova (GEV), a top holding in the NUKZ portfolio.
Innovation in the microreactor space is advancing as well. Nano Nuclear submitted a construction permit for its Kronos microreactor at the University of Illinois. Taken together, the move from decommissioning-focused documentation toward active construction permits across multiple reactor scales signals a notable departure from the sector’s prior decade.
NUKZ is up over 83% in the past year, reflecting renewed investor optimism about the nuclear renaissance. The ETF’s allocation to industrials and utilities is designed to capture value across the nuclear construction and operating value chain. With permitting activity continuing to improve, the segment remains positioned as a compelling investment opportunity.

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