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Investing in energy? Look out for EV penetration rates and cost of renewables

But S African investment firm specialising in the energy sector believes fossil fuels still have a place in the global energy mix

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"There isn't one single source like nuclear and liquefied natural gas which is going to solve all problems. Specific energy sources will be very useful in specific areas, so oil will still have a key role to play for petrochemicals, and in some areas in transportation." - Tom Nelson, head of natural resources at Investec Asset Management

Singapore

INVESTORS who don't want to be left behind by the energy transition will need to keep an eye on a few indicators; these include the global demand for oil, electric vehicle (EV) penetration and the cost of technology for renewable energy sources such as solar and wind, says...

sentifi.com

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