Five green investing trends to watch

Investor interest in renewable energy companies has been boosted by government pledges of billions of dollars for funding projects and expansion of the electricity grid. For the interested investor, there are several trends to keep an eye on as you consider possible green energy options.

In a report released in March, Clean Edge Inc., a research and publishing firm, summarized five major trends. Clean Edge has tracked the renewable fuels market for nearly a decade. The report, "Clean Energy Trends 2009" is available at http://www.cleanedge.com.

1. The Smart Grid: Electricity transmission controlled by switches, routers and software working together in new ways to increase efficiency. The federal government stimulus package includes $11 billion in smart grid development.

Who to watch: BPL Global Ltd., GridPoint Inc., Optimal Technologies Inc.

2. Grid Infrastructure: President Obama has made upgrading and expanding the antiquated U.S. power grid a top priority and his economic stimulus plan provides $17 billion over fiscal 2009 for grid improvements. Texas is spending $5 billion to transmit wind power to population centers. In February, Michigan-based ITC Holdings proposed what would be the world's largest clean-energy transmission network, a $10-12 billion effort. Completion is targeted for 2020.

Who to watch: Electric Reliability Council of Texas Inc., ITC Holdings Corp., Oncor.

3. Power Storage: Methods of storing wind and solar power for times when the wind isn't blowing and sun isn't shining are emerging. More than $300 million of venture capital has been invested in various storage ideas in the past year.

Who to watch: A123 Systems, Deeya Energy, NGK Insulators Ltd.

4: New Global Clean-Energy Markets: Many countries are developing renewable energy projects. Turkey, Tunisia and Poland all significantly increased wind capacity in 2008. France, heavily reliant on nuclear power, has launched a significant ramp-up in wind and solar and has a target of 23 percent renewable energy by 2020. Greece is offering incentives to encourage the development of solar and wind power.

Who to watch: Continental Wind Partners LLC, EDF Energies Nouvelles, Iberdrola Renewables Inc.

5. Micropower Development: Research is under way to change large national power distribution grids into smaller networks of local grids called microgrids. This concept would help avoid the risk of widespread blackouts from natural storm-related causes or terrorists seeking to disable the power system. It also places power production closer to the users, improving efficiency of delivery.

Who to watch: Consortium for Electric Reliability Technology Solutions, New Energy and Industrial Technology Development Organization, NextEnergy.

Related News

Maritime Link reaches Nova Scotia

Maritime Link almost a reality, as first power cable reaches Nova Scotia

HALIFAX - The longest sub-sea electricity cable in North America now connects Nova Scotia and Newfoundland and Labrador, according to the company behind the $1.7-billion Maritime Link project.  

The first of the project's two high-voltage power transmission cables was anchored at Point Aconi, N.S., on Sunday. 

The 170-kilometre long cable across the Cabot Strait will connect the power grids in the two provinces. The link will allow power to flow between the two provinces, and bring to Nova Scotia electricity generated by the massive Muskrat Falls hydroelectric project in Labrador. 

Ultimately, the Maritime Link will help Nova Scotia reach the renewable energy…

READ MORE
Coal-fired thermal power plant Detmarovice

Cabinet Of Ministers Of Ukraine - Prime Minister: Our Goal In The Energy Sector Is To Synchronize Ukraine's Integrated Power System With Entso-e

READ MORE

broken power lines

Canadian Scientists say power utilities need to adapt to climate change

READ MORE

russia-and-ukraine-accuse-each-other-of-violating-energy-ceasefire

Russia and Ukraine Accuse Each Other of Violating Energy Ceasefire

READ MORE

Turkish powership to generate electricity from LNG in Senegal

READ MORE