NewEnergyNews: NEW ENERGY BECOMING BIG ENERGY

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YESTERDAY

  • TODAY’S STUDY: Study Shows Solar Is NOT Going Just To The Rich
  • QUICK NEWS, June 18: Buying A Home In A Time Of Climate Change; New Reasons To Buy New Energy
  • THE DAY BEFORE

  • Weekend Video: There Is No ‘New Ice Age’
  • Weekend Video: Talking Offshore Wind
  • Weekend Video: The Stuff Of Tomorrow’s New Energy
  • THE DAY BEFORE THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-Are Climate Change Denial And Racism Connected?
  • FRIDAY WORLD HEADLINE-Around The World, New Energy Is Booming
  • FRIDAY WORLD HEADLINE-EVs To Boost India Power Delivery
  • THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT THURSDAY, June 14:

  • TTTA Thursday-Cut Premature Births By Closing Coal
  • TTTA Thursday-U.S. Ocean Wind Gets Stronger
  • TTTA Thursday-Nothing Can Hold Solar Back
  • THE LAST DAY UP HERE

  • ORIGINAL REPORTING: Join or die: How utilities are coping with 100% renewable energy goals
  • ORIGINAL REPORTING: Massachusetts and California provide different lessons on growing community solar
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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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  • TODAY AT NewEnergyNews, July 19:

  • TODAY’S STUDY: New Energy – A Global Overview
  • QUICK NEWS, June 19: Things To Do About Climate Change; Why Customer Choice

    Tuesday, March 18, 2008

    NEW ENERGY BECOMING BIG ENERGY

    A new report shows $77.3 billion in New Energy sales last year. Compared to ExxonMobil’s $404 billion 2007 sales, it is not an overwhelming figure and Exxon is only the one of many oil companies. And there are other traditional energies, like coal and nuclear.

    But the very difference between the two figures indicates, in a world with incessantly rising demand and habit-changing climate change concerns, that New Energy has a lot of growth opportunity. The report predicts venture capital will continue to flow to New Energy and world revenues will be $254.5 billion in a decade.

    New Energy is just getting started. And nobody is talking about peak sun or peak wind.


    click to enlarge

    Alternative forms of energy becoming mainstream; Higher revenues show green tech gaining traction, report says
    David R. Baker, March 15, 2008 (SF Chronicle via Houston Chronicle)

    WHO
    Clean Edge (Ron Pernick, co-founder & Clint Wilder, report author)

    click to enlarge

    WHAT
    Clean-Energy Trends 2008, a new Clean Edge study reports New Energy worldwide sales grew 40% last year, signaling its readiness to take a place among the world’s important energy sources.

    WHEN
    - 2007 New Energy worldwide sales: $77.3 billion
    - 2007 wind energy industry sales: $30.1 billion
    - 2007 ethanol/biodiesel sales: $25.4 billion
    - 2007 solar photovoltaic sales: $20.3 billion

    click to enlarge

    WHERE
    - Wind energy industry revenues grew 68%.
    - Ethanol/biodiesel revenues grew 24%.
    - Solar photovoltaic revenues grew 30%.
    - Clean Edge is based in San Francisco and Portland, Ore.

    WHY
    - While much of the investment in New Energy goes to startups that produce no sales, the jump in sales shows that some companies, (ex: General Electric sales of wind turbines) are doping substantial business.
    - One factor spurring New Energy’s growth: The price of oil has tripled in the last 5 years.

    click to enlarge

    QUOTES
    - Pernick, Clean Edge: "Clean energy has moved from the margins to the mainstream, and the proof is in these numbers…"
    - Wilder, Clean Edge report author: "As the price of oil goes up, up and up, that obviously makes investments in clean energy alternatives more attractive to investors of all shapes and sizes…"

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