In case anyone is wondering, 2022 will be all about energy: natural gas, oil, renewables, everything. Natural gas prices rose early on when Vladimir Putin rushed to invade Ukraine and cut off gas supplies to Europe. This, along with high oil prices, contributed significantly to near-record inflation, forcing central bankers to raise interest rates.
This inflation contributed to the passage of the Inflation Reduction Act, which contains several provisions to encourage renewable energy, prepare the grid for its introduction and encourage the development of other alternative energy sources.
Together, these developments, along with what investors told me was a desire for secure returns, have sent dollars toward clean energy. Venture capital activity in the industry is on track to hit 2021 all-time highs in the third quarter, according to a new report from PitchBook.
Source: La Neta Neta
Jason Jack is an experienced technology journalist and author at The Nation View. With a background in computer science and engineering, he has a deep understanding of the latest technology trends and developments. He writes about a wide range of technology topics, including artificial intelligence, machine learning, software development, and cybersecurity.
