How to Make Money with the Coming Boom in Renewable Energy

Energy is the problem number 1 of the world. They who are able to satisfy the overwhelming demand for power will be the great wealth creator. The bell strikes for the producers of renewable energy, also because the governments of the most important states USA, China and Germany invest tremendous sums in renewable energy programs in order to stimulate the economy. This offers the chance to make money by investing in clean energy stocks and funds.
Many people might relax because the fuel prices at the petrol stations have fallen significantly since recent summer 2008. A barrel of oil is actual USD 45 compared to USD 140 in July 2008. The financial crisis has been the predominant issue since autumn 2008. The situation, however, is very treacherous. The global marginal oil price is USD 65 a barrel. The actual price is not an attractive incentive to invest in oil production. Investments of 20 trillion Dollars in energy production are worldwide needed according to the International Energy Agency. The really big remaining oil reserves are out of the control of Western States. They are situated mainly in the Middle East and Russia.

Energy is the problem number 1

All the oil fields under western states control have already passed peak oil. Most of their deposits are consumed. Their production plunges steadily since then. Experts estimate that peak oil will also be a fact for the remaining huge oil fields within the next 10 to 20 years. The next oil crisis could shake the world like an economic tsunami.

Energy is the global problem number 1. The world of tomorrow with the end of oil is dawning. Peak oil will be a singular event in the human history and nobody knows how the world will be able to manage it. Do we prepare properly for that event or does the world drift into an unparalleled chaos? Nobody knows, but we know that they are king, who can satisfy the gigantic hunger for energy. This will be the next big wealth creating sector of the economy.

Make money with the next wealth creating sector of the economy

"We know the country that harnesses the power of clean, renewable energy will lead the 21st century," said President Obama recently. His budget proposes to invest USD 15 billion a year on wind and solar power, advanced biofuels etc. Solar power companies, wind power generator producers already experience high growth rates, but this is still the beginning of the new energy industry. Germany already has invested high volumes to renewable energy. Other countries join in with huge investment programs. China will be the most important market for renewable energy. It’s the only way if the world does not want to risk falling back into Stone Age.

Promising investment opportunities

There are already profitable companies at the market of solar power, e.g. Sun Power, Yingli, Solarworld, Q-Cells, First Solar, Iberdrola Renovables and others. The market leader in the field of wind power is Vestas Wind Systems.

The most interesting companies will be those that solve key issues of the coming energy industry:

A key issue is to make photovoltaic more energy efficient and competitive. The company that is able to develop solar cells that produce electricity that price equalizes the price of electricity from conventional power plants, e.g. coal, gas, hydro or nuclear will gain the big rally. Their stocks will skyrocket tremendously.

Another key issue is to store high volumes of energy that comes from wind power or solar power. This will help to manage a consistent supply of electricity from renewable sources and stabilize the electricity grid in a future time without electricity from nuclear and fossil sources.

More and more cars will run on electric engines. They need very light and highly efficient batteries. A loaded battery should last for at least a 500 kilometers or 300 miles drive. The race for the lightest and strongest battery is open.

These are the sectors that create wealth in the near future. The coming billionaires next Bill Gates will emerge these industries. Investors in stocks will also make a lot of money. Private investors can diversify their risks and participate at the coming boom by investing in one of the different green, new energy or clean energy funds. More about how to make money can be read at Make Money Tip along with free tools to manage personal finances and a link to the best free financial market course on the web.
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   By Lil Waldner
Published: 3/3/2009
 
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