Deep Dive: Renewables key to 'plug the chasm' in energy transition

Diversification is essential

Renewables provide a valuable opportunity for investors as the climate transition ramps up, while also allowing for vast diversification within the sector, according to experts.

Speaking to Investment Week, Nitesh Shah, head of commodities and macroeconomic research for Europe at WisdomTree, argued the gap between environmental goals and current policies is "so wide" that all green technologies are likely to see massive boosts to "plug the chasm" in the coming decades. Emma Wall, head of investment analysis and research at Hargreaves Lansdown, agreed, noting that as oil and gas prices have soared with the Russian invasion of Ukraine, renewable energy "holds the answer to this problem", leaving the UK able to both meet net zero commitments and target energy indep...