The war with Iran has upended the global energy markets. It has caused the biggest supply disruption in decades due to Iran's attacks on oil tankers exiting the Persian Gulf through the Strait of Hormuz, which handled 20% of global oil and liquified natural gas (LNG) volumes before the war. The longer the war rages, the bigger the global energy crisis could become. On a more positive note, the U.S. is seeking to end the conflict. If that happens, energy prices could fall sharply. This uncertainty is making ...

Artificial intelligence (AI) is likely to change the world as we know it. That's the headline that has had investors enthralled with AI chipmakers like Nvidia (NVDA 0.33%) and AI service companies like SoundHound (SOUN 7.69%). However, in reality, AI is just a fancy computer program. Those programs won't run without a reliable power source.And that is why long-term investors looking to ride the AI wave will probably find more mundane businesses like Brookfield Renewable (BEP +2.19%)(BEPC +2.37%), NextEra En ...

17 March 2026 Global Energy Storage Future of Tech: Can China achieve AI supremacy? Neil Beveridge, Ph.D. +852 2123 2648 neil.beveridge@bernsteinsg.com Hengliang Zhang +852 2123 2629 hengliang.zhang@bernsteinsg.com Zheng Cui +852 2123 2694 zheng.cui@bernsteinsg.com Francis Ma +852 2123 2626 francis.ma@bernsteinsg.com AI supremacy is dependent on several factors, but a key measure is compute power. AI capability scales as a power law with compute. The U.S. currently leads China with 35 ZFLOPs of AI compute ( ...

Sunrun Inc. (NASDAQ:RUN) is among the 11 Most Undervalued Renewable Energy Stocks to Invest In. On March 3, Freedom Capital downgraded Sunrun Inc. (NASDAQ:RUN) to Hold from Buy with a price target of $12, down from $22.70. The firm said the company reported fourth-quarter revenue well above consensus expectations but issued a neutral outlook for 2026. According to the analyst, Sunrun’s valuation appears elevated relative to peers in the residential solar sector. The same day, GLJ Research lowered its pric ...

In this article, we will discuss: Goldman Sachs Solar and Green Energy Stocks: Top 10 Stock Picks.On March 10, 2026, Reuters cited a Solar Energy Industries Association and Wood Mackenzie study that found that solar installations fell in 2025 after Donald Trump’s policy changes disrupted renewable-energy incentives. Developers constructed 43 gigawatts of solar capacity in 2025, a decrease from over 50 GW in 2024. According to the report, Trump’s “One Big Beautiful Bill Act” eliminated subsidies and tax adva ...

Core Viewpoint - Eight major European energy companies, including Statkraft, are urging EU leaders to protect existing market mechanisms and accelerate the clean energy transition to enhance Europe's competitiveness [1][2]. Group 1: Market Mechanisms and Competitiveness - The companies warn against dismantling effective market mechanisms that support investment, security of supply, and affordable energy across Europe [2]. - Weakening the EU Emissions Trading System (EU ETS) could increase uncertainty and hinder necessary investments in the power sector, which is crucial for achieving the EU's goal of reducing emissions by 90% by 2040 [3]. - The EU ETS provides a clear price signal that guides long-term investments in renewable energy, flexibility, and electrification, serving as the backbone of Europe's net zero strategy [3]. Group 2: Energy Transition and Policy Frameworks - Europe is at a critical juncture where it must either accelerate the energy transition and innovation or risk undermining decades of progress in energy and industrial transformation [4]. - Predictable policy frameworks are essential to unlock significant investments needed for fossil-free, domestically produced electricity at scale [4]. - Access to sufficient and affordable electricity is central to addressing the competitiveness challenges faced by parts of the European industry [4]. Group 3: Integrated Electricity Market - Europe's integrated electricity market has resulted in lower costs, higher efficiency, and greater security of supply [5]. - Marginal pricing ensures electricity is produced and consumed at the lowest possible cost while providing investment signals for new generation and flexibility [5]. - Fragmentation of the market would lead to higher costs for consumers and weaken Europe's global competitiveness [5]. Group 4: ETS Revenues and Industrial Support - The letter emphasizes that ETS revenues present a significant opportunity to support European industry during the transition and electrification without adding pressure on public finances [6]. - The companies encourage EU leaders to facilitate efficient redistribution of ETS revenues and to quickly establish the Industrial Decarbonisation Bank as part of the Clean Industrial Deal [6].

Core Viewpoint - The world is undergoing a significant energy transition from dirtier energy sources to cleaner ones, presenting various investment opportunities in companies like Brookfield Renewable, NextEra Energy, and TotalEnergies [1] Brookfield Renewable - Brookfield Renewable is fully committed to clean energy, with a diverse portfolio including hydroelectric, solar, wind, battery storage, and nuclear power across multiple continents [2] - The company has demonstrated strong financial performance, with an average funds from operations growth of 8% over the past decade and a 5% annual increase in distributions [4] - Brookfield Renewable offers two share classes: a partnership share with a distribution yield of 5.2% and a corporate share with a yield of 3.8%, catering to different investor preferences [6] NextEra Energy - NextEra Energy operates one of the largest regulated electric utilities in the U.S. and has built a substantial solar and wind power business, achieving an 11% annualized dividend growth over the past decade [7] - The company's current dividend yield is 2.7%, which is above the utility average of nearly 2.5%, indicating strong performance [9] - Management anticipates a slowdown in dividend growth to 6% in 2027 and 2028, but the long-term growth prospects remain positive due to the shift towards cleaner energy [9] TotalEnergies - TotalEnergies is an integrated energy company that combines oil and natural gas operations with a commitment to investing in clean energy, making it a more complex investment choice for those focused solely on clean energy [10] - The integrated power division, which includes clean energy assets, is projected to account for approximately 12% of the company's business by 2025 [12] - The stock offers a dividend yield of 4.8%, but U.S. investors must consider French dividend taxes, which can be partially reclaimed [12] Investment Strategies - Investors can choose to fully commit to clean energy with Brookfield Renewable, opt for a more conservative approach with NextEra Energy's utility business, or recognize the dual benefits of carbon fuels and clean energy through TotalEnergies [13]

Group 1 - Brookfield Renewable Partners operates in the renewable energy sector, focusing on hydroelectric dams, wind farms, and solar power plants, and went public in 2005 as a limited partnership [1] - In 2020, Brookfield Renewable Corporation was created, structured as a regular corporation, which has made it more appealing to investors due to the avoidance of partnership tax forms [2] - Brookfield Renewable has a significant operational capacity of 47 GW of renewable energy worldwide and a pipeline of over 200 GW in development [3] Group 2 - The company has secured long-term renewable power agreements with major tech companies like Microsoft and Google, incorporating "inflation escalators" in most contracts to adjust prices with inflation [4] - Analysts project that from 2025 to 2028, Brookfield Renewable Corporation's revenue and adjusted EBITDA will grow at CAGRs of 28.5% and 7.9%, respectively, driven by increasing demand for renewable energy [6] - With an enterprise value of $64 billion, the stock is considered reasonably valued, and if growth estimates are met, the enterprise value could rise nearly 90% to $87 billion over the next five years, with a potential total return exceeding 100% [7]

Core Insights - Vistra Corp. (NYSE:VST) is recognized as one of the best-performing nuclear energy stocks according to analysts [1] Group 1: Analyst Ratings and Price Targets - BMO Capital raised its share price target for Vistra Corp. to $241 from $240 while maintaining an Outperform rating, citing increased customer interest in its 1.8-gigawatt nuclear facility and strong free cash flow generation [2] - Wells Fargo adjusted its price target for Vistra Corp. to $234 from $236, keeping an Overweight rating, noting that the company's earnings exceeded expectations and its guidance was met [3] Group 2: Business Developments - Vistra Corp. is making significant progress in supplying nuclear power to data centers, having signed power purchase agreements with major tech companies such as Amazon and Meta [3] - The company has a diverse power generation portfolio of 44,000 megawatts, which includes nuclear, coal, solar, gas, and other energy sources [4]

Core Insights - Statkraft reported strong underlying results in Q4 2025, driven by higher Nordic power prices and record production levels [1][3] - The company achieved a full-year production of over 70 TWh for the first time, while cost reductions and portfolio focus improved competitiveness and reduced net debt [1][3] Financial Performance - Q4 power generation reached 19.4 TWh, the highest for any fourth quarter, with underlying EBITDA of NOK 8.3 billion, up from NOK 7.1 billion [8] - For the full year, total power generation was 72.1 TWh, with an underlying EBITDA of NOK 26.8 billion, but a net loss of NOK 0.4 billion due to impairments and high tax costs [8][9] - Profit before tax for Q4 was NOK 4.3 billion, while the full-year profit before tax was NOK 11.4 billion, significantly lower than NOK 20.6 billion in 2024 [9] Strategic Developments - Statkraft executed its strategy by divesting non-core assets valued at NOK 15.8 billion, reducing headcount, and focusing investments on core technologies [4][5] - The company discontinued development of new hydrogen projects and further offshore wind activities [4] Investment and Capacity - Total investment decisions in 2025 amounted to 722 MW of new renewable capacity, with 700 MW added to operations [6] - Statkraft maintains an annual investment capacity of NOK 16–20 billion, depending on market conditions [6] Segment Performance - The Nordics segment was the main contributor in Q4, benefiting from higher prices and strong hydropower generation [7] - The European segment faced challenges due to lower power prices and weak margins for gas-fired power plants in Germany [7] - International results declined due to higher curtailment for wind assets and lower hydropower availability in Brazil [7] Outlook - Statkraft enters 2026 with a strengthened balance sheet, a more focused portfolio, and a clear strategy for disciplined growth in renewable power generation [11]