JP Morgan | This week saw the start of COP26 – the 26th Conference of the Parties – where world leaders from nearly 200 countries will review the climate commitments made in the 2015 Paris Agreement. As we discussed in our recent post, What can we expect from COP26 and what will it mean for investors, securing the finance needed for the energy transition will be a key part of…
Utilities in Europe have made a sudden stock market comeback since late July, after performing well in May, underpinned by strong Q1 earnings and some speculation about possible further consolidation in the industry. Q2 results have also been solid and fuelled earnings upgrades.
It’s not going to get any easier for clean energy sector soon. Although it is gaining in public image, global investors will remain cautious as long as gas prices remain low.