Green industry’attention’ to strengthening global eco-friendly stance
LG Chem, Hanwha Solutions, Ecoro, mention beneficiary
(Photo = Getty Image Bank)
With the official launch of the U.S. Biden administration imminent, there is a prospect that the eco-friendly industry should continue to pay attention in 2021. Stock market experts advised that increasing the share of eco-friendly and renewable energy is one way to increase the return on stock investment.
‘Attention’ in the next year’s green industry to strengthen the global eco-friendly stance
According to the financial investment industry on the 1st, as the global eco-friendly stance is strengthening led by the new US government, governments are also rapidly changing to achieve their carbon reduction goals.
It is analyzed that if various policies for carbon neutrality, such as accelerating energy conversion and innovation in high carbon industries, are implemented as scheduled, the green industry will receive attention in the stock market this year.
Researcher Jeong Yeon-seung of NH Investment & Securities said, “As global new and renewable energy-related policies continued to be strengthened, stock prices of new and renewable energy companies at home and abroad continued to rise last year. This year, major countries announced detailed policies rather than presenting macroscopic policy directions. It will be poured out, and the direction of domestic policy is the same,” he said.
Earlier, President Moon Jae-in declared that carbon neutrality will be achieved in 2050. With the three goals for this, △Strongly promote carbon neutrality in all areas of industry, economy, and society, and foster three new businesses such as renewable energy, hydrogen, and energy information technology (IT) △Create a low-carbon industrial ecosystem △No underprivileged groups and regions It set up a transition to a fair society.
In particular, the growth of hydrogen and offshore wind power is expected to stand out the most this year.
Looking at the domestic market alone, as a follow-up policy, △Hydrogen Power Generation (HPS) is introduced △A direct power transaction contract between renewable energy companies and power consumers is possible △Renewable energy supply certificate (REC) price stabilization policy will follow. Is the explanation.
“For carbon neutrality in the next 2050, it is necessary to improve the efficiency of new and renewable energy, expand the potential, convert the power system, and spread hydrogen energy to compensate for the shortcomings of renewable energy.” As it is inevitable, it will support the mid- to long-term valuation rise of Korean renewable energy companies.”
(Photo = Getty Image Bank)
Experts are a company that is expected to benefit from this year’s declaration of carbon neutrality. LG Chem and Samsung SDI(628,000 +4.49%), Hyundai Motor Company, SKC(94,000 +0.64%)I chose.
In the utility and renewable energy sector, Hanwha Solutions, Doosan Fuel Cell(53,500 +1.33%), CS Wind(177,000 +5.36%)A, as a direct carbon reduction technology, Ecopro, Insun E&T(11,200 +0.45%), END D(35,200 +1.73%) It is expected that such as will benefit.
Han Seung-jae, a researcher at DB Financial Investment, said, “Excluding CATL, there are limited Chinese companies that can supply batteries in markets other than China.” “Three Korean battery companies, among them, LG Chem’s global No.1 production capacity. The battery share will increase,” he predicted.
It is analyzed that as the growth rate of the solar and hydrogen industries is getting faster than expected due to the transition to a global carbon-neutral society, Hanwha Solutions will continue to grow by expanding its business areas in the solar and hydrogen fields through a massive capital increase.
EcoPro is a company that produces equipment for reducing harmful gases and greenhouse gases, and air quality environment plants. Ecopro BM produces cathode materials, the most important raw material for lithium-ion batteries(170,100 +0.65%) It is more famous as a holding company.
Lee Jong-won, a researcher at Sangin Securities, emphasized, “Ecorov BM is expected to be a strong drive in the rechargeable battery sector at the group level as the starting point this year.” .
Eunji Cha, reporter Hankyung.com [email protected]