The Rising Influence of Rising Affluence

[biotech_researcher]

5 Stocks That Should Gain From the Falling Cost of Renewable Energy

“That’s why I found an analysis on renewable energy published this past week by the investment bank UBS so intriguing. It predicts rapid, radical change: Solar and wind could make up some 47% of the world’s power capacity by 2030, up from 20% next year. And the tipping point could be a force more powerful than a subsidy, cap, or how-dare-you from impressive teen scold-lebrity Greta Thunberg.
It is the falling cost of batteries, combined with the profit...”

In short, energy storage costs have fallen by nearly half in five years, and they could drop by another two-thirds or more in the coming decade. That will offset the main knock against solar and wind—that they provide cheap power only when nature cooperates. The result will be a rapid build-out of storage, and a quickening of gains for alternatives. Beneficiaries could include solar-equipment companies like First Solar ? (ticker: FSLR); battery makers like LG Chem ? (051910.Korea) and Samsung SDI ?(006400.Korea); chemical companies like Albemarle ? (ALB); and utilities that already have plenty of wind and solar capacity, like NextEra Energy ?(NEE).




https://www.barrons.com/articles/5-stocks-that-should-gain-from-the-falling-cost-of-renewable-energy-51572649222?