Trends Transforming Clean Energy Businesses

By Admin
The global economic collapse hit the clean energy industry hard. New “green” technologies that already had difficulty securing loan guaran...

 

The global economic collapse hit the clean energy industry hard.  New “green” technologies that already had difficulty securing loan guarantees from financial institutions prior to the economic downturn found it even more difficult over the last three years.  However, the market is bouncing back as large-scale clean energy projects seem to be gaining investment and development resurfaces. 

 

SEE RELATED STORIES IN THE WDM CONTENT NETWORK

A Twist on the Traditional Wind Farm

NRG Eyes World's Largest Wind Farm

Germany Gets its First Offshore Wind Farm

Pike Research, a market research and consulting firm focusing on clean tech energy markets has identified the trends transforming the clean energy market:

- Revival of direct current (DC) transmission and distribution technologies

- China's rise as the most important global market for waste-to-energy power plants

- New rules for economies of scale, from huge wind turbines as large as 10 megawatts (MW) to small modular nuclear reactors that could power a shopping center or a business complex

- Greater diversification of technology choices in solar, including a resurgence of concentrated solar power (CSP) and concentrated solar PV (CPV)

- More product diversity in the wind power sector, both in terms of design and scale, including more vertical axis and two-bladed turbine designs and the increasing importance of mid-sized turbines (100 kW to 1 MW)

- The movement of power plants to marine sites, including the growth of offshore wind, hydrokinetic wave and tidal generators, and even floating solar photovoltaics (PV) on water-based sites

- Growth in geothermal generation, largely due to state renewable portfolio standards (RPS) in the western US

- Investor-owned utilities returning to ownership/development of new renewable generation projects

More trends and an in-depth look at the above trends can be found in Pike Research’s full report: "Clean Energy: Ten Trends to Watch in 2011 and Beyond"

Share

Featured Articles

UK Government awards £54mn in heat network funding

Funding will support the development of schemes in London, Bedfordshire and Woking that use low-carbon heat sources

Shell posts $11.5bn second quarter profit

Shell's earnings fuelled by ongoing price rises and geopolitical instability as the energy major places greater focus on natural gas investments

bp opens first electric truck fast-charging facilities

Operated by bp’s Aral brand, the retail site at Schwegenheim in Rheinland-Pfalz has two 300kw chargers intended for electric trucks

Shell commits to developing Jackdaw gas field in North Sea

Oil & Gas

Prospex Energy raises £1.87m for Selva gas field development

Oil & Gas

Shanghai Electric Group launches low carbon business

Utilities