Categories: Energy Stocks
Topics: Investing in Energy

How the World is Investing in Energy Independence

The war in Ukraine hasn’t yet escalated into a World War 3-level conflict, but its effects will be far-reaching. 

Because of Russia’s actions, we’ll see more of a push toward political and economic autonomy over the next few years. 

It’s not a new trend. 

The rise of populism over the past few years, alongside the pandemic and supply chain disruptions, saw more people calling for leaders in their countries to put those countries first. 

Putin’s war is simply supercharging the trend. 

We’re already seeing it in Europe. Last week, Ukraine and Moldova successfully connected to the Continental European power system. This means the countries are now connected to Europe’s power grid rather than Russia’s. They now have more stability concerning how their citizens get power. 

It was a move that had been in the making since Crimea was annexed in 2014. Once Russia’s invasion began, Kyiv sent an emergency request to complete it. What should have taken over a year took only three weeks. 

Elsewhere in Europe, leaders are making plans to distance themselves from Russian energy. The European Commission recently released a report that, among other things, suggests wider adoption of heat pumps to help reduce the need for imported gas from Russia. These are efficient devices that work on the same principles as air conditioners but in reverse. 

The report stated that these devices could reduce reliance on Russian gas and lower the impact on climate because they use about half the energy of a gas boiler. 

The commission wants to build 10 million units over the next five years. It also wants to double the current number of installations within the next year.  

These two recent developments come on the heels of the overall wider push across the world for nuclear energy and renewables to get away from hostile regimes like Russia.

Here in the US, we’ve heard the soundbites from both the Trump and Biden administrations about relying less on Chinese imports. More investment is being put into the mining of rare earths from mines here because China has the global market on rare earths cornered. 

We rely on these metals for electronics as well as military equipment, so we want to do it ourselves. 

And we’re thinking the same as Europe in becoming more self-reliant for our own energy needs. 

We too want to build out more nuclear energy plants to generate power. That, and the push for more renewable sources of power generation here in the US, are set to reshape domestic energy policy. 

But that policy won’t mean anything without the infrastructure to support it. 

The hard work of being independent means having the support network in place to make the plan work. 

Here in the US, that means reworking our power grid to support the 21st-century technology that will give us the independence we want. 

One company is already ahead of its competition in doing just that. 

Storage, resilience, efficiency - these are all challenges that need to be faced to meet changing power needs and gain autonomy. 

The technology this company is developing will make it a reality. It will bring in the kinds of profits investors dream about. 

Learn all the details here and see just how you can profit from energy independence.

Ryan Stancil
Editor, Daily Profit Cycle