New Ways to Tap Solar Could Yield Better Alpha Than Natural Gas

With so many natural gas companies trading near multi-year highs or 52-week highs, it may be wise for investors to consider other areas within the energy complex that can yield better alpha. This has me thinking storage and enhanced oil recovery could make BP (NYSE: BP  ) and ExxonMobil (NYSE: XOM  )  gain traction with investors with a new focus on renewable energy. Using thermal heat in molten salt to store energy in the ground is gaining traction with NRG  (NYSE: NRG  )  and Google  (NASDAQ: GOOGL  )  investing in Ivanpah, a massive 392-megawatt solar project in the Mojave Desert in California. 

Tapping new ideas to store energy or even boost oil and gas production while keeping carbon output lower could make companies like Glasspoint, which is funded by Royal Dutch Shell (NYSE: RDS-A  ) , a name to watch. This idea of using solar like never before should shed a new kind of light on renewables that even oil and gas investors may get behind. 

Invest in the American energy boom
Record oil and natural gas production is revolutionizing the United States' energy position. Finding the right plays while historic amounts of capital expenditures are flooding the industry will pad your investment nest egg. For this reason, the Motley Fool is offering a comprehensive look at three energy companies set to soar during this transformation in the energy industry. To find out which three companies are spreading their wings, check out the special free report, "3 Stocks for the American Energy Bonanza." Don’t miss out on this timely opportunity; click here to access your report -- it’s absolutely free. 

 


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2699490, ~/Articles/ArticleHandler.aspx, 7/22/2014 9:28:46 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement