Reason #3: There’s No Better Time Than The Present
At the moment, clean energy is starting to be a hot topic of discussion, and for multiple reasons. First and foremost, geopolitical concerns in the Middle East are leading to expectations of further growth in the value of oil, which means higher energy costs for consumers.
Of course, when energy costs rise, clean, alternative options become high-demand assets. So, this could bode well for SES.
Moreover, a changing global climate is starting to take a toll on key economies. For example, California is going through rolling blackouts as fears of fire outbreaks cause electricity providers to turn off lines.
In the past, the global warming conversation has centered around the future. However, the effects of global warming are becoming more clear in the present. As such, we’re likely to see a push for clean energy solutions ahead as energy consumers start to pay more attnetion to their carbon footprint.
With this in mind, SES seems to be consolidating resources in a highly fragmented market. Doing this ahead of the curve could give the company an incredible competitive advantage as the market starts to thrive.
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