Green Energy Index Up 40%, But The Rally Is Dangerously Narrow ...Middle East

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Green Energy Index Up 40%, But The Rally Is Dangerously Narrow
Green energy equities are continuing their growth phase, supported by geopolitical disruption and structural demand shifts, although the recovery remains incomplete and uneven across segments and companies. After losing nearly 60% of its value between its 2021 peak and the November 2023 trough, the Rystad Energy Green Energy Index has rebounded, returning almost 40% over the prior year and 9% in the first quarter this year. The index stands at around 88 (versus a January 2021 baseline of 100), still roughly 38% below its 2021 peak, but over a year…

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