Our Top Technical Strategist Explains How to Invest in the 'Age of Electricity'

“The world has entered the age of electricity,” according to International Energy Agency (IEA) chief Fatih Birol. In a Jan. 19 commentary, Birol wrote that “Oil and gas will still be widely used for many years to come, but the use of electricity is growing twice as fast as overall energy demand.”

That’s why renewable energy is an investment theme that simply isn’t going away, regardless of U.S. policy rollbacks on some “green” initiatives. Birol notes that “renewables are meeting much if not all of the rising demand for electricity, often because they are the most competitive option” – and in markets like India, “Solar is leading the way.”