Given the potential for new technologies to advance wind power to being a major source of electricity generation in the United States and the world, investors may want to consider adding the energy source to their portfolios. While broad-based renewable energy funds like exchange-traded fund (ETF) PowerShares Clean Energy Portfolio (PBW) do include exposure, there are ways to directly bet on wind power’s success.
Wind power has already grown quite impressively. And yet, its best days are ahead. New advancements in technology and turbine size/efficiency should help the energy form become a major source of electricity generation. The time for investors to strike is now.