"Market Vectors Global Nuclear (ASE: NLR) offers investors a well-diversified play on the booming nuclear power industry," notes Paul Tracy.

The editor of The ETF Investor -- a top notch service that offers in-depth analysis of exchange-traded funds -- turns its analysis towards the outlook for the nuclear power sector.

"The ETF is designed to track the performance of companies that derive at least half their total revenues from the nuclear power business. That list includes firms that build nuclear power plants, mine uranium, and generate electricity in nuclear plants.

"Demand for electricity is surging globally, with most of that growth coming from fast-growing emerging markets like China and India. In fact, according to the Department of Energy, Chinese and Indian power demand is expected to nearly triple between now and 2030.

"These nations (and many others) are choosing to expand their nuclear power plant capacity to meet some of that demand. China has been aggressively opening new plants in recent years and has plans to open dozens more in an effort to triple nuclear's share of Chinese electricity supply by 2030.