With all the renewable energy being produced lately, we have to have a way to store it. The current focus on fighting climate change should cause demand for energy storage to rise sharply. As consumers continue to lean toward electric vehicles battery makers should see increased growth as well. In addition, utilities are also looking to battery technology for a smarter, more efficient power grid which should also “supercharge” growth among these names.
This Spector™ hopes to take advantage of this trend by investing in makers of battery technology and materials.
Example Holdings: Albemarle (ALB), Tesla (TSLA), Enersys (ENS)