March 25, 2005— A report by Clean Edge Inc, an energy research and publishing firm, predicts a boom in clean energy technologies.
According to the report, markets for solar energy, wind energy, and fuel cells are poised to grow from $16 billion in global revenues in 2004 to more than $100 billion by 2014. The report predicts that over the next ten years, markets for solar photovoltaic devices will grow from $7.2 billion to $39.2 billion; wind power installations will expand from $8 billion to $48.1 billion; and fuel cells and distributed hydrogen will grow from $900 million to $15.1 billion.
Some of this is due to technology breakthroughs—some real, some potential—that continue unabated, notes the reports introduction. But it may be the far less scientific world of politics that leads the way.
To read the report, visit the Clean Edge Web site.
