All articles tagged with #power infrastructure
Goldman Sachs says power-infrastructure stocks stand to benefit from secular growth driven by AI investments and geopolitics, naming beneficiaries such as Caterpillar, GE Vernova, NextEra Energy, and Vertiv Holdings, which have outperformed many other secular-growth stocks this year.
Russian drone attacks on Ukraine's power facilities have left nearly 60,000 without electricity, prompting Ukrainian President Zelenskiy to vow retaliatory strikes deep inside Russia, amid ongoing intensified conflict and recent claims of territorial gains by Russia.
Aging power infrastructure and the impacts of climate change are increasing the risk of utilities starting wildfires, as seen in the case of the Smokehouse Creek Fire in Texas. Many utilities lack the technology to detect overheating power lines, and climate change is exacerbating the risk with drier vegetation and hotter weather. While some utilities are investing in solutions like weather sensors and proactive shutoffs, others are not prioritizing wildfire prevention, which could impact both safety and the affordability of electric bills.