Securing unlimited clean, safe and carbon-free energy for the rest of time would be revolutionary for the world economy. Is this now within sight?
We're on the cusp of a revolution in the energy industry. It's one that could redraw the energy map of the world, give humanity the ability to tap essentially unlimited power sources, and – if you make the right investments – make a fortune for investors.
In short, we're living through a change in the way the world produces and consumes energy. It is a transition that's well under way. And it's being driven by the convergence of several key technological trends that are showing no sign of abating.
While you wouldn't be alone in thinking that solar power was further away than ever, you could be wrong. Solar is on the brink of becoming the world's dominant energy source.
Take advantage of the low-cost exchange-traded funds disrupting the market.
The small Gulf state of Qatar has left Opec, the oil producers cartel, saying it wants to concentrate on gas production.
Since early October, the oil price has fallen by a third to a one-year low of around $60 a barrel. But plenty of people will benefit from that.
Things are looking up for the price of uranium. In mid-2018, the spot price stood at $23 per pound, roughly the same as two years ago. Now it is up by around a quarter.
A couple of years ago, Dominic Frisby picked oil as the best five-year trade you could make. Now it’s in the doldrums, he revisits his trade to ask: what next?
The oil price has fallen along with virtually every other asset. But keep an eye on it, says John Stepek. An upturn could signal a wider market recovery.
The green energy sector is growing, but investors shouldn’t rush in to renewable energy investment funds.