Investment Ideas For The Coming Power Grid Expansion- Part Three

Michael LebowitzAdvisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.

I continue with my discussion of potential investments that should benefit from the upgrade and expansion of the power grid to accommodate surging demand from AI data centers and EVs. This third and final part of this series focuses on alternative energy sources, utility companies, and other companies related to the power grid infrastructure.

If you haven't read Parts one or two I recommend reading them before continuing.

Alternative and/or renewable energy sources

In 2022, the Department of Energy calculated that renewable energy from solar, wind, hydro, geothermal, and biomass accounted for a fifth of all electricity generation. By 2028, the IEA thinks the percentage will double to 42 percent. Solar and wind power are expected to be the primary alternative energy sources.

renewable energy

Solar, wind, and other alternative energy sources, along with natural gas, coal, and nuclear, will increasingly power our utility plants. Furthermore, suppose the US and other nations continue to strive for net zero emissions by 2050 and other environmental goals. In that case, the demand for existing and new alternative energy sources will surge.