Upsurge in Renewable Energy and Nuclear ETFs
The rising global demand for electricity and the shift towards carbon-neutral energy policies have driven up the stocks of renewable energy, nuclear industries, and electrical infrastructure corporations. This trend is evidenced by the high returns of various ETFs listed on the Korean stock exchange. The International Energy Agency (IEA) has forecasted a continuous rise in global energy demand, with an anticipated rapid growth in renewable energy capacity fueled by the expansion of the electric vehicle market.
Recently, ETFs focusing on global nuclear and power infrastructure companies have garnered significant attention. For instance, the PLUS Global Nuclear Value Chain ETF and the RISE Global Nuclear ETF have achieved gains of 12.06% and 12.09%, respectively. This performance is attributed to the increased demand in AI and data centers benefiting power infrastructure companies, signaling potential revenue growth for these businesses. Furthermore, increased AI investments by big tech firms are also seen as a favorable factor contributing to this upward trend.
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