For now, it may not have a big impact on the near-term price action of Bloom Energy shares. This possible catalyst for a BE stock bump is still in its early stages. Recently, the company signed a deal with Idaho National Laboratory to run experiments using nuclear energy to generate clean hydrogen. But when you dive into the details, there may be a nuclear connection with BE stock. ![]() Source: Sundry Photography / Īt first glance, oxide fuel cell company Bloom Energy has little to do with the Buffett/Gates deal. Ocean Power Technologies (NASDAQ: OPTT).So with the business community charging ahead toward a carbon-free future, which companies could benefit? These seven clean energy stocks have already gotten investors’ attention and could be just starting to heat up: And if nuclear power is part of the equation, the uranium sector may go along for the ride with conventional clean energy sources. Yet the private sector isn’t slowing down with its green pivot. A subsequent boom in nuclear power may take years to play out, and the government may be slow to implement policy changes. Sure, this project is only in its infancy. Advanced nuclear reactors are safer than traditional reactors and could help the world make the full shift away from fossil fuels. Uranium-based energy has gotten negative publicity, but has significantly improved in quality over the years. The clean energy sector does include nuclear power, but is largely focused on solar, wind and other less-controversial sources. Gates’ Terrapower is partnering with PaciCorp, which is owned by Buffett’s Berkshire Hathaway (NYSE: BRK-A, NYSE: BRK-B), to build an advanced nuclear reactor on the site of an old coal plant in Wyoming. The White House may still be working on its game plan to go green.īut a recent deal involving Bill Gates and Warren Buffett highlights how the business community is charging ahead with clean energy. This makes sense, given that Congress is still kicking the tires of President Joe Biden’s ambitious multi-trillion dollar green energy plan. After zooming on “blue wave” election results, clean energy stocks have cooled in recent months.
0 Comments
Leave a Reply. |