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Promising Renewable Energy Technologies Abound in 2010, But Remain Too Costly to be Competitive Says Plunkett Research

 

HOUSTON, Texas. January 11, 2010 –

Plunkett Research, Ltd. has released their newest market research and competitive analysis report, Plunkett’s Renewable, Alternative & Hydrogen Energy Industry Almanac, 2010 edition. This carefully-researched book is a complete alternative and renewable energy market research and business intelligence tool which identifies and analyzes major trends shaping the alternative, renewable and hydrogen energy industry.

According to Jack W. Plunkett, CEO of Plunkett Research, Ltd., “a vast number of promising renewable energy technologies have been refined in recent years. The problem remains that most are nowhere near competitive on a cost basis compared to conventional power such as natural gas. Except for hydroelectric dams and certain waste-to-energy projects, nearly all renewable development requires significant government incentive to help cover the costs. As new technologies go into high-volume commercial production, the need for government incentives may decline.”

Major trends affecting the alternative energy industry and analyzed in Plunkett’s report include:
Fuel cells and hydrogen power research continue, but commercialization will not happen soon.
Electric cars and plug-in Hybrids (PHEVs) will quickly gain popularity.
Wind farms will move offshore in a big way, particularly in Europe.
Homes and commercial buildings go green as low energy use builds value and ROI.
The energy industry takes a new look at nuclear power—the number of new nuclear projects will grow dramatically.
Nanotechnology sees applications in fuel cells and solar power, including nano tech used in thin-film solar.
Superconductivity starts to come of age—larger commercial applications launched.

“Since government units worldwide are demanding that a growing percentage of electric generation come from renewable sources, we are going to see an interesting mix of new technologies implemented by a wide variety of providers. These will include new nuclear plants, more wind, more-efficient solar, more use of methane and waste, as well as experimentation with cleaner coal, geothermal and wave power,” says Jack Plunkett.

You’ll find a complete overview, industry analysis and market research report in one superb, value-priced package provided in Plunkett’s Renewable, Alternative & Hydrogen Energy Industry Almanac, 2010 edition. This extensive and easy-to-use report, full of rich data detailing the current trends and changes of the alternative and renewable energy industry, is a valuable source of information.

A complimentary Introduction to the Renewable and Alternative Energy Industry can be viewed at Plunkett’s website.

About Plunkett Research, Ltd.
Plunkett Research is a leading provider of industry trends analysis and market research. Our reports and data services are used by the world’s top corporations, consultants, universities, libraries and government agencies. Plunkett’s products save time and effort when you need competitive intelligence, market research or marketing data. We cover such industries as healthcare, ecommerce, computers, energy and utilities, entertainment, retailand telecommunications.


 
 
 

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