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    Home > Chemicals Industry > International Chemical > Bloomberg survey: battery storage has the most investment potential

    Bloomberg survey: battery storage has the most investment potential

    • Last Update: 2023-02-02
    • Source: Internet
    • Author: User
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    At least $369 billion
    .
    This is the amount
    of funding provided by the landmark Inflation Reduction Act (IRA) to support clean energy.
    As soon as the news came out, investors flocked to it
    .
    There are huge opportunities
    ranging from renewable and nuclear energy to electric vehicles and technologies such as batteries, hydrogen and carbon capture, utilization and storage.

    In Bloomberg's survey of terminals and readers, the battery storage market was selected as the area
    with the most potential.
    Of the 691 respondents, about 27 percent chose battery storage as their first choice
    .
    Solar and wind companies came in second with 18 percent, followed by green hydrogen, carbon capture and electric vehicle manufacturers
    .

    Ion Yadigaroglu, co-founder of Capricorn Investment Group, specifically mentioned battery storage over more established industries
    like solar and wind.
    The group manages assets of about $10 billion
    .

    Yadigaroglu said much of the renewable energy goes to batteries before it is finally used, and currently "the cost of storing that energy is higher than the cost of production.
    "
    As a result, batteries offer a larger "findable market with more room for improvement from a technical point of view.
    "

    Investment firm J.
    Katerina Kosmopoulou, a partner at Stern & Co.
    , said the company is interested
    in hydrogen.
    "It's an emerging technology.
    .
    .
    But in the next 10 years, it will play a role
    in the decarbonization of the economy.

    Sean O'Sullivan founder of venture capital firm SOSV said the company focuses on start-ups in battery recycling, cement and textile production, and grid-level
    energy storage.

    David Giordano, global head of climate infrastructure at BlackRock, the world's largest asset manager, said hydrogen and carbon capture could be the two biggest winners for IRAs, and "new and increased subsidies should attract investors to invest in these developing technologies
    .
    " ”

    Globally, Bloomberg surveys show that battery storage is the most valuable product
    for respondents from the Americas, EMEA, and Asia Pacific.
    Green hydrogen, solar and wind ranked second and third
    respectively.

    With concerns about rising interest rates and high crude prices remaining, not everyone is overly optimistic
    about oil prices in the near term.
    Martin Todd, portfolio manager at Federated Hermes, said: "If you think about areas like green hydrogen and carbon capture, they're opportunities
    in 20, 30 years.
    " The company manages nearly $625 billion in assets
    .
    "In the current interest rate environment, investors may not be as willing to explore these opportunities
    as they were more than a year ago.
    "

    At least $369 billion
    .
    This is the amount
    of funding provided by the landmark Inflation Reduction Act (IRA) to support clean energy.
    As soon as the news came out, investors flocked to it
    .
    There are huge opportunities
    ranging from renewable and nuclear energy to electric vehicles and technologies such as batteries, hydrogen and carbon capture, utilization and storage.

    In Bloomberg's survey of terminals and readers, the battery storage market was selected as the area
    with the most potential.
    Of the 691 respondents, about 27 percent chose battery storage as their first choice
    .
    Solar and wind companies came in second with 18 percent, followed by green hydrogen, carbon capture and electric vehicle manufacturers
    .

    Ion Yadigaroglu, co-founder of Capricorn Investment Group, specifically mentioned battery storage over more established industries
    like solar and wind.
    The group manages assets of about $10 billion
    .

    Yadigaroglu said much of the renewable energy goes to batteries before it is finally used, and currently "the cost of storing that energy is higher than the cost of production.
    "
    As a result, batteries offer a larger "findable market with more room for improvement from a technical point of view.
    "

    Investment firm J.
    Katerina Kosmopoulou, a partner at Stern & Co.
    , said the company is interested
    in hydrogen.
    "It's an emerging technology.
    .
    .
    But in the next 10 years, it will play a role
    in the decarbonization of the economy.

    Sean O'Sullivan founder of venture capital firm SOSV said the company focuses on start-ups in battery recycling, cement and textile production, and grid-level
    energy storage.

    David Giordano, global head of climate infrastructure at BlackRock, the world's largest asset manager, said hydrogen and carbon capture could be the two biggest winners for IRAs, and "new and increased subsidies should attract investors to invest in these developing technologies
    .
    " ”

    Globally, Bloomberg surveys show that battery storage is the most valuable product
    for respondents from the Americas, EMEA, and Asia Pacific.
    Green hydrogen, solar and wind ranked second and third
    respectively.

    With concerns about rising interest rates and high crude prices remaining, not everyone is overly optimistic
    about oil prices in the near term.
    Martin Todd, portfolio manager at Federated Hermes, said: "If you think about areas like green hydrogen and carbon capture, they're opportunities
    in 20, 30 years.
    " The company manages nearly $625 billion in assets
    .
    "In the current interest rate environment, investors may not be as willing to explore these opportunities
    as they were more than a year ago.
    "

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