The Clean Energy Sector: The Next Half Trillion Dollar Investment Opportunity

Wind and solar have grown from nearly nothing two decades ago to account for 15% of global electricity. The International Energy Agency is expecting as much renewable capacity to be built in the next five years as in the past two decades. All the major car companies have focused almost exclusively on electrification, give or take a few hydrogen concept car projects. Goldman Sachs has predicted that it will absorb a total of 10 trillion euros by 2050 - an average of 400 billion dollars per year. McKinsey & Company, in a report produced for the Hydrogen Council, agree. But if hydrogen is going to fall short of expectations, the corollary is that electrification needs to over-deliver. It may