The last decade has seen carbon-free renewables, with the help of low cost natural gas, start to displace coal and oil from the developed world's electricity supply.
The International Energy Agency predicts that between 2019 and 2024, the world will add enough renewable generation capacity to power the entire United States. The continued build-out of renewables, and the need to upgrade and expand energy transmission networks, is expected to underpin stable earnings growth across the utilities sector. Consumers and the environment stand benefit from increasing supplies of clean, affordable energy. Our strategy invests in NextEra Energy, a large cap US utility whose assets include regulated utility businesses and clean energy leader NextEra Energy Resources.
Australia has one of the world’s greatest solar opportunities, but are we doing enough?
First Sentier Investors’ Global Listed Infrastructure Portfolio Manager, Rebecca Sherlock explores the Australian solar landscape.
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