Trading Ideas
3 Ocean Power Stocks to Hydro-Power Your Portfolio
The ocean is incredibly powerful. Have you ever got caught in a riptide? It can make even the strongest swimmers look like a floating log. Companies are now beginning to use the ocean’s power to generate significant amounts of energy. Investing in ocean power stocks can help investors gain exposure to this innovative renewable energy technology.
Ocean-generated electricity has endless potential for the companies that can capture it. Recently, the U.S Energy Information Administration noted the potential energy from U.S. coastline waves could reach 2.64 trillion KWh. In other words, 64% of the total U.S. electricity generated in 2019.
With the ability …read more […]