Electricity

UBS Analysis: Efficiency and Solar Create ‘Difficult Road’ for Global Utility Sector in 2014 : Greentech Media

UBS Analysis: Efficiency and Solar Create ‘Difficult Road’ for Global Utility Sector in 2014 : Greentech Media

The financial services firm UBS is predicting a \”difficult year ahead\” for global investor-owned utilities.

In a recent research paper, UBS equities analysts outlined a combination of challenges for utilities: rising interest rates that will likely push investors toward higher-risk stocks and away from utility stocks, as well as the slowing demand for power worldwide.

The second issue is a structural one that will afflict utilities well beyond 2014. Through 2020, UBS analysts predict negative growth in Europe and Australia, zero growth in the U.S., and substantially slower growth in developing countries where new power supplies are being added most rapidly.

via UBS Analysis: Efficiency and Solar Create ‘Difficult Road’ for Global Utility Sector in 2014 : Greentech Media.

Categories: Electricity, Energy