Future of Global Cleantech Energy Investing Stabilized by Seven Pillars of Renewable Power

As fossil fuel reserves dwindle, there is a growing need for clean energy supplies. Clean energies have emerged as an alternative for the fossil fuels.
By: SBI Energy
 
June 21, 2010 - PRLog -- SBI Energy, the leading industrial market research firm behind bestselling titles Clean Coal Energy Technologies: Markets and Trends Worldwide and Nuclear Energy Technologies Worldwide: Components and Manufacturing, has added Cleantech Energy Investing to its growing catalog of global reports covering alternative power resources.

Cleantech Energy Investing analyzes the global investment patterns dedicated to developing and commercializing cleantech energy. The report’s scope covers investment growth in seven energy producing technologies (solar, wind, biofuel, hydro, geothermal, nuclear and clean coal) and eleven geographies (the United States, Canada, Brazil, Spain, Germany, the United Kingdom, France, China, India, Japan and Australia).  For each technology, the report provides a short technical background, defines market size and growth, and identifies trends and opportunities.  

As fossil fuel reserves dwindle, there is a growing need for clean energy supplies. Most clean technologies are sound and are emerging as alternatives to fossil fuels.  Nevertheless, investments remain a key growth factor. To compete, clean energy sources must advance to reach the same level of efficiency, maturity and practical use as traditional sources.

In the U.S., solar and wind energy are predicted to be the breakthrough powerhouses of the seven technologies profiled.  SBI Energy forecasts domestic investment growth rates for solar energy could easily top 40% over the next four years. Meanwhile, wind energy projects are underway or planned by 79% of utilities in the U.S. within the next five years.

“Clean energy expansion is pegged to energy policy and federal stimulus funds in the U.S.  Investment growth rates will increase slowly but steadily driven by both political and consumer pressure associated with the green agenda,” says Jean-Francois Denault, SBI Energy analyst and author of the report.

Globally, Europe is the region expected to generate the steadiest growth. Europe's overall investments in cleantech—estimated at $50 billion and with a yearly growth of 2%-3%—are expected to continue for the 2010-2014 period.

Meanwhile, Asia’s growth rate in energy consumption is phenomenal.  Primary energy demand is expected to grow by almost 76% between 2007 and 2030.  Growth in the region is driven mostly by China, India and Japan.  In particular, China, as one of the world's most rapidly growing economies, is at the center of the action in the clean energy industry with goals to invest $22 billion in renewable energy by 2020.

Cleantech in South America is characterized by a potential for rapid growth, but fragile economies have more urgent priorities for the short term meaning most projects in the region are either biofuel-based (as is the case in Brazil) or use established technologies (such as hydro power).  Without opportunities for important financial assistance, it is very hard to jumpstart hedgier technologies (such as solar, wave or tidal).  While political risks hinder growth, privatization of large assets (such as hydro and nuclear facilities) provides big growth opportunities.  SBI Energy expects regional growth in South America will vary substantially from one country to the next.  

For further information, visit: http://www.sbireports.com/redirect.asp?progid=79202&produ....

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SBI Energy, a division of MarketResearch.com, publishes research reports in the industrial, energy, building/construction, and automotive/transportation markets. SBI Energy also offers a full range of custom research services. To learn more, visit www.sbireports.com. Follow us on LinkedIn and Twitter.
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Source:SBI Energy
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Tags:Energy, Solar, Wind, Biofuel, Hydro, Geothermal, Nuclear, Clean Coal, Clean Energy Investing, Europe, China, U S
Industry:Energy, Electronics, Government
Location:New York City - New York - United States
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Page Updated Last on: Jun 21, 2010



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