Alternative Energy Investments Will Soar to $200 Billion Worldwide in 2010

Thursday, December 3rd, 2009

Wind energy field in PanamaGlobal investments in alternative energy projects will rise nearly 50 percent in 2010, climbing from $130 billion this year to $200 billion next year.

In a survey of the green energy market, Bloomberg News reports that despite the dim prospects of forging a climate treaty in Copenhagen this month, companies and governments are moving rapidly ahead to build wind power farms, large solar arrays, and other green energy projects.

Thanks in large part to state-funded economic stimulus programs, government spending on green energy will more than double in 2010 to about $60 billion, according to the report.

Analysts said that with China, the European Union (EU), and individual U.S. states aggressively adopting regulations and incentives promoting green energy, the field will continue to rapidly develop even if a global climate treaty is not signed.
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Big Support, Potential for Mid-Atlantic Wind Power

Thursday, October 1st, 2009

atlanticwindcheung
This article by Susan Kraemer, appearing courtesy of Celsias, was originally posted on CleanTechnica.

An amazingly high percentage of people who live down the Mid-Atlantic Seaboard from New York to Virginia want wind turbines off their coast.

Even if they can be seen from the shoreline, 67 percent support off-shore wind power, according to a new  poll of coastal residents of New York, New Jersey, Delaware, Maryland, and Virginia .

If the turbines are out of sight, the level of support goes up to an astounding 82 percent.

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Greasing the gears of offshore wind

Friday, March 27th, 2009

Siemens press pictureVincent’s post from the The European Wind Energy Conference got me thinking about U.S. offshore wind potential.

Wind on the water has been all the buzz in Michigan. The state’s portion of the Great Lakes has the potential to produce an astounding 322,000 megawatts of electricity from wind, according to a study earlier this year from the Land Policy Institute at Michigan State University.

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