Climate Change Puts Renewables Under Increased Pressure

Investor Brand Network
Today at 2:05pm UTC

The ongoing transition from fossil fuels to renewables is currently facing a challenge that is simultaneously ironic and pressing as the climate instability that renewables are built to address is now degrading their performance. Extreme heat reduces solar output, volatile precipitation undermines hydropower, and intensifying storms are forcing wind turbines into protective shutdowns. The global warming that makes the transition necessary is making it harder to execute.

As the energy transition progresses, more thought needs to be given to leveraging electric vehicles and marine vessels, such as those being electrified by companies like Vision Marine Technologies Inc. (NASDAQ: VMAR), as integrated energy storage systems to stabilize grids when extreme weather…

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