📈 4 Stocks to Watch From the Challenging Electric Power Industry - Yahoo Canada Finance

The Zacks Utility – Electric Power industry stocks have been transitioning toward clean sources of fuel and focusing on lower carbon emissions. The support from the government is aiding the industry’s transition toward clean energy sources to produce electricity. Utilities are also focused on strengthening the grid as well as transmission and distribution infrastructure. The huge infrastructure of the utilities faces the impact of the hurricane season each year. Infrastructure enhancement around the year increases the resilience of the entire system, reduces outages and allows operators to restore power quickly for customers affected by storms.NextEra Energy Inc. NEE, with its expanding clean power generation portfolio and customer base, renewable operations and well-chalked-out capital investments to strengthen infrastructure, ...

Yahoo     Mar 21, 2024