Three of the richest people on the planet (Bill Gates, Jeff Bezos, Jack Ma) along with other investors are pouring billions into clean-tech energy ventures.
As retirements of existing coal plants continue and funding for gas-fired energy declines, breakthrough technologies that will power the next energy revolution are being built.
Investment in all sorts of energy technology is rapidly advancing and investors are devoting billions to further advancements.
Consider the following:
- Investment in coal and gas-fired power generation has experienced a second year of declines.
- Renewable energy will surpass coal-based energy by 2030.
- More money has been invested in energy transmission and storage technology in the last 5 years than was invested in the previous 30 years.
The current pattern is following the history of Governments requiring divestiture away from fossil fuels if followed by lots of investment in various technologies. This will identify the most promising followed by the largest institutional investments.
The future will certainly bring challenges and technology will attempt to offer solutions.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.