Adapting to a volatile energy transition – BNP Paribas Asset Management

Since 2002, the International Energy Agency (IEA) has consistently been under-forecasting the pace of solar power adoption. In 2023, solar power capacity additions are again beating its predictions.

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... BNP Paribas Asset Management believe the adoption of sustainable technologies such as solar energy continues to accelerate. They also believe climate issues will get worse before they get better. While this mix of rapid adoption and deepening climate change can be seen as appealing to investors with an eye for related opportunities, we should not gloss over recent (investment) issues. The sheer scale of the physical infrastructure that must be revamped, demolished or replaced is almost beyond comprehension.

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