Green Energy: The Top Stock Decisions to Make

Utah's largest power company and solar advocates fight over rooftop panels

The future of the world’s electricity generation and supply is most certainly going to be greener and cleaner than it currently is. In fact, governments and countries around the globe are investing heavily in green solutions and technologies to reach greener climate goals and lower the price of electricity generation and supply, too.

Even emerging countries are expanding and developing their energy infrastructures and installations to power up more and more of their cities and regions with consistent and cost-efficient sources of power. While the development and research of green power sources such as hydroelectric power schemes might seem vast, it pales into significance to that of coal-mining and the costs of its mining, refining, and burning processes for the same amount of electricity generated. Look into the best performing green energy stocks 2021 and you’ll see that renewable resource companies are making the biggest leaps in value on the stock market. It is true that the largest sector of the energy stock market is that of fossil fuels and non-renewable resources. However, these companies will need to invest in cleaner and greener energies to remain relevant in the coming decades.

Solar, wind, hydroelectric, and geothermal energy resources are the largest sectors of green technology for energy at the moment. Hydroelectric power is the fastest growing of these green energy solutions, and a number of emerging countries in Asia and Africa have embraced hydroelectric power as their chosen electricity generation resource.

It is important to note that investing in the stock market should not be seen as a get-rich-quick exercise. In fact, long-term investment is the best strategy for any stock market activity. Leading investors on the stock market such as Warren Buffett recommend long-term investment periods of 10 years or more for any stocks as that time period will see a stock cycle through the up-and-down nature of the stock market to reap far higher rewards. Playing the long game in terms of the stock market does make your picks of stocks more important and critical. It means you should pick a stock from a company that is focused on green technology and development, with a sound history in the energy sector for consistency, growth, maturity, and reliability.

Asking yourself whether you would like to invest in green energy stocks for a short-term or a long-term will determine which types of companies, industries, and clean energy solutions you will select. These stock prices for clean and green companies are still growing. The price for these stocks might be considered low now compared to the established stocks of the oil and petroleum companies, but bear in mind that green energy’s manufacturing and business models are vastly different. With governments reversing their policies on electricity generation and supply, transport (think of EV vehicles and the decrease in the use of internal combustion engine vehicles), and heating, using non-renewable energy resources. This is because the use of renewable energy is being legislated by more and more countries around the world. Green technology is therefore assured of a high rate of return for its investors on the stock market now and in the long-term prospect.

What green stocks are the best picks right now? Well, the best clean energy stocks to invest in today are batteries and manufacturing plants for all renewable energy industries, from solar panels to turbines for hydroelectric plants, to wind turbines for wind power generation.