Global X Wind Energy ETF (WNDY)

Here are a few ETFs that have survived the recent turmoil and gained in double digits over the past month.

Despite many governments and activists worldwide stating that renewable energy is the future, several companies that have invested in the industry have started to struggle. This has culminated in a few renewable energy stocks to sell to avoid portfolio losses.

The price of energy, particularly in the consumer marketplace, can be a major driver of inflation. After all, the type of energy a region or country depends upon has the potential to greatly impact the cost of its goods and services.

Investors who piled into clean energy themes the last few years are experiencing some performance pain this year, as we appear to be experiencing a detour on the road to the clean energy transition. Related themes have been hard hit this year due to a confluence of events.

While there are notable challenges, particularly in the U.S., the long-term outlook for the global wind market remains positive, driven by strong growth in offshore wind capacity and supportive government policies in various regions.

An optimistic global report on the outlook for wind energy issued Monday bodes well for recent announcements in the U.S., which is pushing offshore to try to harness more green-energy replacements for coal, oil and gas.

The path to clean is green: this seems to be a common refrain as the world becomes more reliant on alternative energy in order to reduce carbon contamination in the atmosphere. This creates opportunities for clean energy exchange traded funds (ETFs).

Clean technology sector-related exchange traded funds could gain momentum as European economies take a harder look at their reliance on Russian energy imports and consider alternatives. Europe is trying to wean itself off Russian natural gas, which accounted for about 40% of the bloc's gas consumption last year, the Wall Street Journal reports.

Wind energy reached a major milestone this month, according to data from the Energy Information Administration (EIA). It became the second-largest source of electricity as measured since the EIA began collecting wind energy data.

China has surpassed the United Kingdom and Germany to become the largest offshore wind market globally.

While the state of Texas is the largest coal consumer according to the U.S. Energy Information Administration (EIA), it also has significant wind and solar energy growth. According to a Fortune article, Texas “leads the nation in wind power generation, which accounts for around 20% of Texas´ energy usage, while the state´s solar power industry [.

The demand for alternative energy sources like wind power is growing around the world, but the number of ships necessary to deploy wind turbines is causing a logistics issue. “The short supply of ships capable of deploying giant wind turbines at sea is becoming an even bigger problem as offshore wind ambitions grow,” a The [.

Renewable energy will continue to see strength in 2022 in beyond, paving the way for innovation to take place in areas such as wind energy. In this case, wind energy is being harnessed when weather conditions don't always permit operation at full capacity.

The push towards heavier reliance on renewable energy will mean increased mining for commodities that can be used to build the materials, which makes copper a prime option. “Copper is considered an essential metal for renewables,” Oilprice.com says.

The alternative energy space is expected to get stronger under President Joe Biden's administration.

The thematic issuer's newest funds aim for exposure to wind and solar companies.