'Old energy is not dead - but growth opportunities are in new energy'

It’s The Pro Adviser Podcast

Hannah Godfrey
clock • 1 min read

In this week’s episode of The Pro Adviser Podcast, Hannah Godfrey talks to Guinness Asset Management fund managers Jonathan Waghorn and Will Riley, who together manage the firm’s traditional energy fund and the sustainable energy fund.

Conventional energy makes up 85% of the world energy market, but the greatest growth opportunities lie in sustainable energy, according to Riley (pictured, left).  The fund manager reckons there will be a major expansion of wind and solar generating capacity over the next 10 years, and the penetration of electric vehicles, now about 3% of global auto sales, in 5 years will be at 20% and in 10 years 50%.  That said, Waghorn (pictured, right)is of the opinion conventional energy is by no means dead, and suggests demand is still peaking for oil and gas, and in particular there is money t...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

OBR leak 'embarrassing' as Selby calls for pension stability after Autumn Budget

OBR leak 'embarrassing' as Selby calls for pension stability after Autumn Budget

AJ Bell’s Tom Selby joins Sahar Nazir in the studio to unpack the Budget

Sahar Nazir
clock 28 November 2025 • 1 min read
Andrew Goodwin: Advisers shouldn't have to be told to improve

Andrew Goodwin: Advisers shouldn't have to be told to improve

'The fact is that nobody stays ahead of the curve by standing still'

Andrew Goodwin
clock 28 November 2025 • 4 min read
Treasury Committee chair welcomes plan to replace Lifetime ISA

Treasury Committee chair welcomes plan to replace Lifetime ISA

LISA is ‘too complex'

Sahar Nazir
clock 28 November 2025 • 2 min read