The Five Best UK Renewable Energy Stocks to Invest In
If you’re looking to make an investment in the future of energy in the UK, then renewables would seem to be a reasonably safe bet. The Energy Secretary, Ed Miliband, recently declared the global transition to renewables ‘unstoppable’ – and recently, more than half of energy used in the UK has come from renewable sources. If these trends continue, a number of major firms seem likely to benefit.
The Importance of Investing in Renewable Energy Stocks
If you want your investment portfolio to reflect environmentalist values, and help the UK towards its net zero targets, then including a few renewable-related stocks is a great way to do it. Here, we’ll take a look at five of the best.
SSE (LSE: SSE)
Once known as Scottish and Southern Energy, this formidable company is headquartered in Perth. Founded in 1998, it now plays a crucial role in the UK’s energy future, thanks to an armada of offshore wind turbines, and many inland hydroelectricity projects. You can discover more about SSE's renewable energy projects and their impact on the UK’s transition to net zero in the company’s reports.
Greencoat UK Wind (LSE: UKW)
Greencoat is another firm that’s heavily tied to wind power in the UK – of both the onshore and offshore variety. It’s listed on the FTSE 250, and its dividend strategy is tied to inflation, as measured using the Retail Price Index. It’s committed to reinvesting excess cash flow, and thereby preserving the value of its capital.
ITM Power (LSE: ITM)
Founded in 2001, ITM is an innovative firm specialising in energy storage as well as generation. Given the importance of storage in supplementing renewables, and making them viable as a long-term solution for the UK’s energy needs. The company has pioneered electrolysers, which are used to extract hydrogen from ordinary tap water. It has partnered with major global firms like Shell and Hyundai.
Ceres Power Holdings (LSE: CWR)
This medium-sized firm carries the LSE Green Economy Mark, which indicates that more than half of its activities are ‘green’. It’s an offshoot of a decade-long research program at Imperial College London, and now develops solid oxide fuel and electrolyser cells.
AFC Energy (LSE: AFC)
The UK’s energy future will be, in part, dependent on establishing a good charging infrastructure for battery-powered vehicles. But the focus of this business is a little different. It’s centred on working out new ways to remove diesel generators from specific industries, using an innovative new variety of hydrogen fuel cells.
Read more...
The Importance of Investing in Renewable Energy Stocks
If you want your investment portfolio to reflect environmentalist values, and help the UK towards its net zero targets, then including a few renewable-related stocks is a great way to do it. Here, we’ll take a look at five of the best.
SSE (LSE: SSE)
Once known as Scottish and Southern Energy, this formidable company is headquartered in Perth. Founded in 1998, it now plays a crucial role in the UK’s energy future, thanks to an armada of offshore wind turbines, and many inland hydroelectricity projects. You can discover more about SSE's renewable energy projects and their impact on the UK’s transition to net zero in the company’s reports.
Greencoat UK Wind (LSE: UKW)
Greencoat is another firm that’s heavily tied to wind power in the UK – of both the onshore and offshore variety. It’s listed on the FTSE 250, and its dividend strategy is tied to inflation, as measured using the Retail Price Index. It’s committed to reinvesting excess cash flow, and thereby preserving the value of its capital.
ITM Power (LSE: ITM)
Founded in 2001, ITM is an innovative firm specialising in energy storage as well as generation. Given the importance of storage in supplementing renewables, and making them viable as a long-term solution for the UK’s energy needs. The company has pioneered electrolysers, which are used to extract hydrogen from ordinary tap water. It has partnered with major global firms like Shell and Hyundai.
Ceres Power Holdings (LSE: CWR)
This medium-sized firm carries the LSE Green Economy Mark, which indicates that more than half of its activities are ‘green’. It’s an offshoot of a decade-long research program at Imperial College London, and now develops solid oxide fuel and electrolyser cells.
AFC Energy (LSE: AFC)
The UK’s energy future will be, in part, dependent on establishing a good charging infrastructure for battery-powered vehicles. But the focus of this business is a little different. It’s centred on working out new ways to remove diesel generators from specific industries, using an innovative new variety of hydrogen fuel cells.
