“We
expect
that
nuclear’s
loss
could
be
natural
gas,
energy
efficiency
and
renewables’
gain,
as
new
and
old
generating
capacity
is
replaced
by
other
low-carbon
forms
of
power
generation
and
energy
savings,”
the
bank
says.
HSBC
says
that
equity
markets
have
responded
in
a
“reasonable”
way
to
the
crisis,
with
European
nuclear
operators
losing
around
8%
of
their
value
while
renewable
stocks
globally
have
risen
between
10%
and
15%
on
average.
The
bank
says
that
the
levelised
cost
of
renewable
energy,
especially
wind
“could
look
more
attractive
in
a
post-Fukushima
world.”
HSBC
expects
arise
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