The Electrical Grid Is Changing. This Deal Shows Which Stocks Can Benefit. - Barron's
The Electrical Grid Is Changing. This Deal Shows Which Stocks Can Benefit. - Barron's
The Electrical Grid Is Changing. This Deal Shows Which Stocks Can Benefit.
Updated Dec 14, 2023, 10:53 am EST / Original Dec 14, 2023, 8:01 am EST
As the electricity grid becomes more complex and the power-generation business evolves, companies are organizing themselves to meet new demands.
Related Knowledge Center: ENERGY BASICS: renewables
Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.