By Andrey Dashkov, analyst, Casey Research
Take a look at the picture below…
It’s a shot of wind turbines.
Can you guess which company has it on its front page?
The $154 billion oil giant TotalEnergies (formerly known as Total SA).
What this means is clear to me: The world is moving toward clean energy.
No matter how you feel about it… this trend is unstoppable.
Even oil giants admit it… and are now investing in clean energy.
So we might as well take advantage and make profit… in an area of the clean energy sector that doesn’t get much mainstream attention.
But I think it’s very exciting. And it’s solving a multibillion-dollar problem.
I’ll tell you more about it below… and how you can use it to boost your portfolio…
The “Green Trend” Is Unstoppable
The clean energy revolution is already happening.
According to the International Renewable Energy Agency, by 2050, 85% of the electricity generated globally will come from renewable sources.
Right now, clean energy already produces almost 40% of total global electricity.
Coal’s share, meanwhile, is 35%.
In other words, the share of fuel-free electricity will more than double in the coming decades.
And when it comes to sources of clean energy… solar and wind are two of the most popular ones.
But the problem is, these forms of energy are “variable.”
This means they don’t actively produce energy all the time. Solar panels only work during the daytime. And wind turbines only turn when there’s wind.
On their own, they can’t bring in constant electricity. And since consumers will need to power their households 24/7, the grid needs to adapt.
That’s where energy-storing batteries come in.
Introducing Grid 2.0
Simply put, energy-storing batteries capture the energy produced during the source’s “on” period, so that it’s used during the “off” period.
With solar panels, the battery would store excess energy created on a sunny day, then use it to make electricity throughout the night or on a rainy day.
This process requires large-scale batteries. Ones that can power your whole house, for example.
I think these batteries will improve the whole clean energy market.
And there’s already money flowing into the space…
The global market for residential energy storage will likely grow from about $7 billion in 2020 to over $46 billion in 2030. That’s more than a sixfold increase.
And global battery storage capacity could soar by 58 times between now and 2050, to over 1,676 gigawatts (GW).
Plus, global investment in energy storage infrastructure could reach more than $262 billion by 2030.
In other words, both household and business customers will turn to these batteries as the clean energy revolution gains steam.
And the most popular energy-storing batteries need one key material… Which is why I think it’s one of the best commodity investments of this decade.
The Best Commodity Investment of the Decade
Those of you who’ve been following along in these pages may have guessed the key material needed for these energy-storing batteries: lithium.
Lithium is a key metal that goes into batteries. It’s something we’ve talked about a lot here at the Dispatch. It’s used to build electric vehicle (EV) batteries, for example.
But lithium’s needed for clean energy-storing batteries, as well… in greater amounts.
For example, a Tesla Powerwall battery, which stores solar energy in your home, holds about twice the amount of lithium as a Tesla Model 3 EV battery.
And as the push toward a greener future continues, we’ll need a lot more energy-storing batteries… and even more lithium to make them.
As more money flows into the space, I expect the underlying metal to surge.
And now’s the perfect time to take advantage – before these batteries become more mainstream.
One of the best ways to get exposure is through the Global X Lithium & Battery Tech ETF (LIT). It holds a broad basket of companies involved in lithium mining, refining, and battery production. Just remember to position size appropriately.
Analyst, Casey Research
Casey Research Is Hiring… Could You Be the One for the Job?
Casey Research is searching for a highly experienced, connected, credible senior research analyst. What makes you tick? All things electric vehicles.
You believe in the technology… you believe it will change the layout of the world… and you understand the enormous investment opportunities in the EV sector.
You also have big ideas about what’s ahead for the electric vehicle industry… and which niche areas of the market are set to boom based on the demand for metals, tech, charging stations, safety, you name it.
To put it simply, if you have smart ideas… you have a vision for the EV market… and you can demonstrate how investors can make money from it, we want to talk with you.
The outcome: potentially partner with the Casey Research team to help lead our EV research efforts.
Immerse yourself in everything related to electric vehicles
Be the go-to expert for EV investment analysis and commentary
Research and analyze trends in the EV industry
Augment existing research on EV-related companies
Help develop investment themes and ideas
Build on existing industry contacts, travel to trade shows, industry events, and conferences
Ideally several years in the EV industry, working for a related company, in consulting, or private equity
Bachelor’s degree a plus but not required for a real industry expert
Demonstrable industry connections/network
Deep understanding of EV supply chain
Strong analytical skills
Can handle multiple, complex issues, and prioritize in demanding situations
Sedentary work that primarily involves sitting/standing
Visual acuity for reading and using the computer
Ability to hear
Ability to freely move about the office
Ability to use the phone/computer/keyboard/mouse/general office equipment for extended periods of time
Ability to communicate well with others in order to exchange information
Fluency in the English language
If you think this sounds like you, send a message to [email protected] with the subject line: Your Go-To EV Expert.
About Legacy Research Group
From the beginning, independence has been the key to our success. Unlike the mainstream press, we don’t make our money from corporate advertisers. And unlike Wall Street, we don’t take commissions or fees from the companies we cover in our newsletters.
Instead, we offer ideas, opinions, and recommendations.
Our mission is to provide readers with a broad view of the world. So, we ask questions. We research and test. But we do not claim to have the last word on every issue. We explore ideas with our readers… so they can decide for themselves.
That means we don’t have a one-size-fits-all approach to finance and investing… Just like each of our readers has his or her own personal investing style.