Wednesday, October 31, 2007
No More Renewable Energy By 2010?
The cheapest and most available source of new energy is the energy we waste.
ZDNet has a story on renewable energy Demand Exceeds Supply Of Renewable Energy By 2010
There’s a new report out of the National Renewable Energy Laboratory (NREL) that suggests demand for renewable energy will outpace supply by the year 2010.
The paper, which was funded by the U.S. Environmental Protection Agency’s Green Power Partnership, postulates that the combination of state- and federal-level programs requiring a shift to some level of renewable energy usage as well as other incentives encouraging both consumers and companies to add renewable energy to their electricity mix are creating a boom in demand.
Altogether 25 states and the District of Columbia have enacted legislation mandating that renewable energy account for between 2 percent and 30 percent of their power supply over the next five to 15 years.
Lots of disruption taking place in CleanTech.
Investment Areas To Watch In CleanTech
Producing renewable energy has shifted from analog to digital and that is creating some exciting investment opportunities. Stay tuned.