In an article last April I wrote that despite the events at the Fukushima, Japan “power generation from nuclear energy is set to rise in many countries.”. I came across an interesting article in The Wall Street Journal this week on this topic.From the article: Developing countries with an insatiable thirst for electricity are going …
Continue reading ‘Nuclear Power Growth Continues in Developing Countries’ »
I came across the following interesting chart showing the sources of power generation in the OECD countries of North America: Source: International Energy Outlook 2011, U.S. Energy Information Administration Coal is the major source of electricity generation in the U.S.. Accounting for about 50% of the fuel source in 2008, it is projected to decline …
Continue reading ‘Comparing Sources of Electricity Generation in North American OECD Countries’ »
Most European equity markets were down by digits last year due to the debt crisis. Along with stocks from other sectors investors also dumped the traditionally stable utility stocks. The STOXX® Europe 600 Utilities Index reached a high of over 600 before the global financial crisis (GFC) of 2008 in US dollar terms. On 1/20/12 …
Continue reading ‘Looking for Opportunities Among Europe’s Largest Electricity Companies’ »
Utility stocks are generally considered to be defensive stocks. However in recent years they have been volatile and many have not recovered fully from the March 2009 lows. The following chart shows the relative performance of SPDR S&P International Utilities Sector ETF (IPU) and WisdomTree Global ex-US Utilities ETF (DBU): Click to enlarge Both …
With the winter approaching soon, all six of the major utility firms in UK have increased prices for the second time this year, according to a report in This is Money website. Most of the price increases for electricity and gas are in the double digits. The six major energy suppliers in the British market …