ENERGY SOURCES

Joy Mapel

Coal and Nuclear energy

  • Coal and nuclear power generation is gradually retreating from the market due to environmental concerns. In 2011, shale was contributing just over 34% to the total natural gas production, which is expected to reach 50% by 204. Solar stocks have shown solid growth during the last few quarters and are a safe alternative to fossil fuels and nuclear.

Support of gas and oil sector

As coal and nuclear power generation is gradually retreating from the market due to environmental concerns, there is room for other renewable resources to fill the gap. We have witnessed significant growth in natural gas usage in vehicles and power generation which has drastically increased the demand for shale gas. Back in 2011, shale was contributing just over 34% to the total natural gas production which is expected to reach 50% by 2040. The improving U.S. economy will further increase the demand for energy and, therefore, the demand for and investment in shale gas will also rise.