Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

Equity Research Firm

Thematic (Sector/Industry)

United states Energy / Thematic (Sector/Industry)

<ul><li>Factors that are accelerating the electricity consumption outlook include: the rise of datacenters and AI (see figure on top right), electrification of everything from vehicles to buildings and oil &amp; gas infrastructure, onshoring and reshoring of industry, more severe weather patterns, and clean hydrogen (electrolysis).</li><li>Growing Backlog of Power Projects There are a significant number of new power generation projects that are coming online and that have been proposed in the US.</li><li>However, growing backlogs suggest that the projects may not be getting approved as fast as developers would like to see (see Figure 5).</li></ul>

Factors that are accelerating the electricity consumption outlook include: the rise of datacenters and AI (see figure on top right), electrification of everything from vehicles to buildings and oil &amp; gas infrastructure, onshoring and reshoring of industry, more severe weather patterns, and clean hydrogen (electrolysis).Growing Backlog of Power Projects There are a significant number of new power generation projects that are coming online and that have been proposed in the US.However, growing backlogs suggest that the projects may not be getting approved as fast as developers would like to see (see Figure 5).

Structural Rise in the Cost of Grid Electricity to Support Rooftop Solar Installations