Growing Renewable Energy Markets and Trends
This recent report published by helmut kaiser consultancy is an interesting lecture in order to get an idea of how the global renewable energy market would evolve during the next decade.
Increasing demand thanks to social and political awareness and decreasing prices are yielding the renewable energy as a really interesting option especially for the developing countries. Advances in fields like nanotechnology, which should help the storage and efficient use of the energy, are also expected to boost use of renewable energy sources.
Abstract:
The energy mix will be more regenerative and sustainable. The market volume of renewable energy worldwide will increase from US$ 95.8 billion in 2007 to US$ 124.4 billion in 2010 and reach US$ 198.1 billion in 2015.The energy mix of the future will be more regenerative and sustainable. The generation and storage of renewable energy will be the fastest growing sector in energy market for next 20 years…