Solar Stocks are Soaring as Oil price Spike furthers Bets on Pivot to Renewable Energy

[abu afak]

Yep. This was all part of a plot by the left and Biden
Putin was in on it too I hear ... and China... and Soros (that b@st@rd too!
But AOC (Soros' secret granddaughter) was the real mastermind of this plot.

Actually, it was already an overwhelming movement with the great majority of New Power coming from Renewables.

Solar stocks are soaring as oil price spike furthers bets on pivot to renewable energy​

Solar stocks are soaring as oil price spike furthers bets on pivot to renewable energy
Carla Mozée - 22 hours ago
Business Insider

• Shares of renewable energy companies jumped Tuesday on the back of soaring prices for oil and other fossil fuels.
• Enphase and FuelCell were among the stocks in the wider clean energy group that advanced.
• Brent crude topped $130 a barrel as the US banned imports of Russian oil.

"Shares of renewable energy companies spiked higher Tuesday, highlighting moves by investors to capitalize on shortages of oil and other fossil fuels exacerbated by Russia's invasion of Ukraine.

A batch of solar and hydrogen energy stocks advanced as did exchange-traded funds that house alternative energy shares. As well, the S&P Global Clean Energy Index rose by 6% intraday..."

Solar stocks are soaring as oil price spike furthers bets on pivot to renewable energy

The S&P Global Clean Energy Index pushed higher as renewable energy shares jumped. Meanwhile, the US has banned Russian oil imports.

markets.businessinsider.com

`

 

[jwoodie]

Green Energy stocks are powered by government subsidies and intervention in the free market.

 

[MisterBeale]

One has to wonder. . . how are they going to be able to afford to make these panels.

 

[jbrownson0831]

One has to wonder. . . how are they going to be able to afford to make these panels.

Taxpayer subsidies to the commie companies.

 

[abu afak]

Already happening because SOLAR WAS ALREADY THE CHEAPEST WITHOUT SUBSIDY.
Now, by FAR the cheapest.

• Dec 25, 2021

Renewables made up 92% of new generating capacity in the U.S. in the first half of 2021​

[...]"...data recently released by the Federal Energy Regulatory Commission (FERC) and the U.S. Energy Information Administration (EIA)...

FERC’s latest monthly “Energy Infrastructure Update” report (with data through June 30, 2021) reveals that renewable energy sources accounted for 91.6% – or 10,940 megawatts (MW) – of the 11,940 MW of new capacity added during the first six months of the year. Wind led the capacity additions with 5,617 MW, followed closely by solar (5,279 MW). Further, wind and solar were the only sources of new capacity additions in June 2021.

Renewables now provide more than a quarter (25.1%) of total U.S. available installed generating capacity. A year ago, their share was only 23.0%. Wind is now more than a tenth (10.4%) of the nation’s generating capacity while utility-scale solar is nearly five percent (4.9%) … and that does not include distributed (e.g., rooftop) solar.

Moreover, FERC data suggest that renewables’ share of generating capacity is on track to increase significantly over the next three years (i.e., by June 2024). “High probability” generation capacity additions for wind, minus anticipated retirements, reflect a projected net increase of 21,129 MW while solar is foreseen growing by 44,385 MW. By comparison, net growth for natural gas will be only 13,241 MW. Thus, wind and solar combined are forecast to provide roughly five times more new net generating capacity than natural gas over the next three years.

If these numbers materialize, by June 2024, renewable energy generating capacity should account for almost 30 percent (29.4%) of the nation’s total available installed generating capacity.
.......

Renewables made up 92% of new generating capacity in the U.S. in the first half of 2021​

 

[Donald H]

On a positive note, big oil is going to be faced with needing to start dropping their prices to compete!
At least they will when sales start slumping!

 

[TeeDub]

Yep. This was all part of a plot by the left and Biden
Putin was in on it too I hear ... and China... and Soros (that b@st@rd too!
But AOC (Soros' secret granddaughter) was the real mastermind of this plot.

Actually, it was already an overwhelming movement with the great majority of New Power coming from Renewables.

Solar stocks are soaring as oil price spike furthers bets on pivot to renewable energy​

Solar stocks are soaring as oil price spike furthers bets on pivot to renewable energy
Carla Mozée - 22 hours ago
Business Insider

• Shares of renewable energy companies jumped Tuesday on the back of soaring prices for oil and other fossil fuels.
• Enphase and FuelCell were among the stocks in the wider clean energy group that advanced.
• Brent crude topped $130 a barrel as the US banned imports of Russian oil.

"Shares of renewable energy companies spiked higher Tuesday, highlighting moves by investors to capitalize on shortages of oil and other fossil fuels exacerbated by Russia's invasion of Ukraine.

A batch of solar and hydrogen energy stocks advanced as did exchange-traded funds that house alternative energy shares. As well, the S&P Global Clean Energy Index rose by 6% intraday..."

Solar stocks are soaring as oil price spike furthers bets on pivot to renewable energy

The S&P Global Clean Energy Index pushed higher as renewable energy shares jumped. Meanwhile, the US has banned Russian oil imports.

markets.businessinsider.com

`

AOC couldn't mastermind a garage sale.

 

[jbrownson0831]

Already happening because SOLAR WAS ALREADY THE CHEAPEST WITHOUT SUBSIDY.
Now, by FAR the cheapest.

• Dec 25, 2021

Renewables made up 92% of new generating capacity in the U.S. in the first half of 2021​

[...]"...data recently released by the Federal Energy Regulatory Commission (FERC) and the U.S. Energy Information Administration (EIA)...

FERC’s latest monthly “Energy Infrastructure Update” report (with data through June 30, 2021) reveals that renewable energy sources accounted for 91.6% – or 10,940 megawatts (MW) – of the 11,940 MW of new capacity added during the first six months of the year. Wind led the capacity additions with 5,617 MW, followed closely by solar (5,279 MW). Further, wind and solar were the only sources of new capacity additions in June 2021.

Renewables now provide more than a quarter (25.1%) of total U.S. available installed generating capacity. A year ago, their share was only 23.0%. Wind is now more than a tenth (10.4%) of the nation’s generating capacity while utility-scale solar is nearly five percent (4.9%) … and that does not include distributed (e.g., rooftop) solar.

Moreover, FERC data suggest that renewables’ share of generating capacity is on track to increase significantly over the next three years (i.e., by June 2024). “High probability” generation capacity additions for wind, minus anticipated retirements, reflect a projected net increase of 21,129 MW while solar is foreseen growing by 44,385 MW. By comparison, net growth for natural gas will be only 13,241 MW. Thus, wind and solar combined are forecast to provide roughly five times more new net generating capacity than natural gas over the next three years.

If these numbers materialize, by June 2024, renewable energy generating capacity should account for almost 30 percent (29.4%) of the nation’s total available installed generating capacity.
.......

Renewables made up 92% of new generating capacity in the U.S. in the first half of 2021​

Ba
lo
ney

 

[Toddsterpatriot]

Yep. This was all part of a plot by the left and Biden
Putin was in on it too I hear ... and China... and Soros (that b@st@rd too!
But AOC (Soros' secret granddaughter) was the real mastermind of this plot.

Actually, it was already an overwhelming movement with the great majority of New Power coming from Renewables.

Solar stocks are soaring as oil price spike furthers bets on pivot to renewable energy​

Solar stocks are soaring as oil price spike furthers bets on pivot to renewable energy
Carla Mozée - 22 hours ago
Business Insider

• Shares of renewable energy companies jumped Tuesday on the back of soaring prices for oil and other fossil fuels.
• Enphase and FuelCell were among the stocks in the wider clean energy group that advanced.
• Brent crude topped $130 a barrel as the US banned imports of Russian oil.

"Shares of renewable energy companies spiked higher Tuesday, highlighting moves by investors to capitalize on shortages of oil and other fossil fuels exacerbated by Russia's invasion of Ukraine.

A batch of solar and hydrogen energy stocks advanced as did exchange-traded funds that house alternative energy shares. As well, the S&P Global Clean Energy Index rose by 6% intraday..."

Solar stocks are soaring as oil price spike furthers bets on pivot to renewable energy

The S&P Global Clean Energy Index pushed higher as renewable energy shares jumped. Meanwhile, the US has banned Russian oil imports.

markets.businessinsider.com

`

Any of them have a larger market cap than Exxon Mobil?

 

[MisterBeale]

 

[AMart]

Green Energy stocks are powered by government subsidies and intervention in the free market.

And the reason is because the elite billionaire class is heavily invested in this industry. They want to a hell of a lot more money on climate hocus pocus.

 

[JoeMoma]

AOC couldn't mastermind a garage sale.

But I hear she is great at making mixed drinks.

 

[abu afak]

EVEN BEFORE THE OIL SPIKE/At HALF the Price.

Solar is now ‘cheapest electricity in history’, confirms IEA

Solar is now ‘cheapest electricity in history’, confirms IEA​

13 October 2020

The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.
www.carbonbrief.org

""The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.

That is according to the International Energy Agency’s World Energy Outlook 2020. The 464-page outlook, published today by the IEA, also outlines the “extraordinarily turbulent” impact of coronavirus and the “highly uncertain” future of global energy use over the next two decades....."

`

 

[jbrownson0831]

EVEN BEFORE THE OIL SPIKE:

Solar is now ‘cheapest electricity in history’, confirms IEA

Solar is now ‘cheapest electricity in history’, confirms IEA​

The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.
www.carbonbrief.org

""The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.

That is according to the International Energy Agency’s World Energy Outlook 2020. The 464-page outlook, published today by the IEA, also outlines the “extraordinarily turbulent” impact of coronavirus and the “highly uncertain” future of global energy use over the next two decades....."

`

Bull-pelosi

 

[jwoodie]

Renewables ma de up 92% of new generating capacity in the U.S. in the first half of 2021

Do you really think that is a meaningful statistic? If other new generating capacity is prohibited, the number should be 100%. So what?

 

[abu afak]

Any of them have a larger market cap than Exxon Mobil?

As a matter of fact it happened 18 months ago during COVID,
XOM has now climbed back though.
It was quite a FAMOUS happening among those of us who ARE Financial professionals.

Renewable energy giant surpasses ExxonMobil in value​

https://www.axios.com/renewable-energy-giant-surpasses-exxonmobil-in-value-8f615d7c-c81b-4042-8f41-a8d747d572ba.html

`

3, 2020

How NextEra Overtook ExxonMobil As The Largest U.S. Energy Company​

How NextEra Overtook ExxonMobil As The Largest U.S. Energy Company

Over the past decade, NextEra has vastly outperformed ExxonMobil in the financial markets, and briefly overtook the company to become the largest energy company in the U.S.

www.forbes.com

`

 

[Toddsterpatriot]

EVEN BEFORE THE OIL SPIKE/At HALF the Price.

Solar is now ‘cheapest electricity in history’, confirms IEA

Solar is now ‘cheapest electricity in history’, confirms IEA​

13 October 2020

The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.
www.carbonbrief.org

""The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.

That is according to the International Energy Agency’s World Energy Outlook 2020. The 464-page outlook, published today by the IEA, also outlines the “extraordinarily turbulent” impact of coronavirus and the “highly uncertain” future of global energy use over the next two decades....."

`

Solar is now ‘cheapest electricity in history’, confirms IEA

Is that why Germans pay triple what we do? All their cheap solar?

 

[Toddsterpatriot]

As a matter of fact it happened 18 months ago during COVID,
XOM has now climbed back though.
It was quite a FAMOUS happening among those of us who ARE Financial professionals.

Renewable energy giant surpasses ExxonMobil in value​

https://www.axios.com/renewable-energy-giant-surpasses-exxonmobil-in-value-8f615d7c-c81b-4042-8f41-a8d747d572ba.html

`

3, 2020

How NextEra Overtook ExxonMobil As The Largest U.S. Energy Company​

How NextEra Overtook ExxonMobil As The Largest U.S. Energy Company

Over the past decade, NextEra has vastly outperformed ExxonMobil in the financial markets, and briefly overtook the company to become the largest energy company in the U.S.

www.forbes.com

`

And now it's less than half.
I guess their green energy isn't cheap enough, eh?

 

[JLW]

Green Energy stocks are powered by government subsidies and intervention in the free market.

LOL..like fossil fuels isn't

Fossil Fuels Received $5.9 Trillion In Subsidies in 2020, Report Finds

e360.yale.edu

 

[Toddsterpatriot]

LOL..like fossil fuels isn't

Fossil Fuels Received $5.9 Trillion In Subsidies in 2020, Report Finds

e360.yale.edu

How much of that is handouts to make it cheaper for poor folks?