Rising global energy demand, highly volatile oil & gas prices, increasing complicated regulatory and environmental pressure have put great "deal" to other alternative energy sources in this decade. There is increased awareness and commitments across ....see more
The growing demand for energy is expected to exhaust the world’s crude oil reserves in another 40 years. The market price of crude oil reached $145 per barrel in the third quarter of 2008. Though the cost per barrel was around $60 in 2009, it is expected to rise in the next few years. These factors and fluctuating costs have created the need for other resources to meet the growing demand for fuel oil.
Global Wind Turbine Market, a rapidly growing market segment of global energy, has recorded double digit annual growth in past ten years and the market is expected to maintain this growth till 2015 by reinstalling and addition of new generation turbines as well as increasing the size and efficiency of the turbines.
This report provides indepth market assessment of the renewable energy. In this report, we have analysed the commercilisation angle for the technologies including Hydroelectricity, solar hot water/heating, geothermal energy, wind power, solar power, and ocean energy.
The increasing demand for energy-saving and environment-friendly technology is driving the growth of the global phase change material (PCM) market. The global PCM market is expected to grow from $300.8 million in 2009 to $1,488.1 million in 2015, at an estimated CAGR of 31.7% from 2010 to 2015. The paraffin-based PCM market commands the largest share of the overall PCM market in terms of value, while salt hydrate-based PCMs lead the market in terms of volume.