
The SSE STAR New Energy ETF rose over 2.6%, as geopolitical situations strengthen the logic of energy security

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The SSE STAR New Energy ETF rose by more than 2.6%, influenced by the geopolitical situation in the Middle East, which has strengthened the logic of energy security. Institutions pointed out that the development of energy storage has shifted from supporting new energy to energy security. Global geopolitical conflicts have driven up oil and gas prices, promoting the economics of solar storage and electric vehicles. Putin is considering an early halt to energy supplies to Europe, increasing global attention to energy security, which is expected to drive growth in energy storage demand. The overall valuation of the lithium storage sector is low, with strong fundamentals, and future market policies may further stimulate demand

