Renewables Stocks Spike On Fears Of War-Provoked Energy Shortage

Russia’s brutal invasion of Ukraine on Thursday not only pushed oil prices over $100 in the afternoon, but also led to a spike in renewable energy stocks, bolstered by skyrocketing fears of a war-provoked energy shortage. On Thursday, NextEra Energy, the largest producer of solar and wind power in the world, saw its stock gain 4.3% by the close of the market, while others saw even bigger gains.  Sunrun stock (NASDAQ:RUN) gained nearly 22%, and Enphase (NASDAQ:ENPH) was up over 16%.  Brookfield Renewable Partners (NYSE:BEP) gained…