Renewable energy: This includes energy derived from natural resources that are constantly replenished, such as solar, wind, hydro, geothermal, and biomass. Renewable energy can reduce greenhouse gas emissions, diversify energy supply, and create jobs and economic growth.
Nuclear energy: This involves energy generated from the splitting of atoms, which releases a large amount of heat and electricity. Nuclear energy can provide reliable and low-carbon power, but also poses challenges such as safety, waste management, and proliferation risks.
Hydrogen energy: This refers to energy produced from the chemical reaction of hydrogen and oxygen, which results in water and electricity. Hydrogen energy can be used as a fuel for vehicles, power plants, and other applications, and can be produced from various sources, such as natural gas, water, or renewable energy.
Carbon capture and storage (CCS): This is a technology that captures carbon dioxide emissions from industrial processes or power generation, and stores them underground or in other locations, preventing them from entering the atmosphere. CCS can help mitigate climate change, enhance oil recovery, and create new markets for carbon products.
There are many stocks in the new energy industry that offer investors exposure to the growth and innovation in this sector. Some of the stocks that I found from my web search are:
Brookfield Renewable Corp (BEPC): This is one of the world’s largest renewable power companies, with a portfolio of over 19,000 megawatts of capacity across hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia.
NextEra Energy, Inc (NEE): This is one of the world’s largest producers of wind and solar energy, with over 28,000 megawatts of net generating capacity in the U.S. and Canada. It also owns Florida Power & Light Company, the largest electric utility in Florida.
First Solar Inc. (FSLR): This is one of the leading manufacturers of solar modules and systems, with over 25 gigawatts of installed capacity worldwide. It also provides engineering, procurement, and construction services, as well as operations and maintenance services, for solar projects.
General Electric (GE): This is a diversified industrial conglomerate that operates in various segments, including power, renewable energy, aviation, healthcare, and digital. It offers products and solutions for various energy applications, such as gas turbines, wind turbines, solar inverters, batteries, and grid solutions.
Southwestern Energy Company (SWN): This is one of the largest natural gas producers in the U.S., with operations in the Appalachian Basin. It also produces natural gas liquids, such as ethane, propane, and butane, which are used as feedstocks for petrochemicals and fuels.
SM Energy Company (SM): This is an independent oil and natural gas company that operates in the Permian Basin and the Eagle Ford Shale in Texas. It focuses on developing high-margin assets with low operating costs and strong growth potential.
Clearway Energy (CWEN): This is a renewable energy company that owns and operates a portfolio of over 7,000 megawatts of wind, solar, and natural gas assets in the U.S. It also provides energy solutions to commercial and industrial customers, such as power purchase agreements, distributed generation, and energy efficiency.
These are some of the stocks in the new energy industry that you can watch and research further. However, you should also do your own due diligence and analysis before investing in any stock, as the energy sector is subject to various risks and uncertainties.