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Renewable Energy and the Economic Crisis
The financial and housing crises have hit the broader economy hard, with automobile and retail sales weakening substantially in the past two months.  How will the renewable energy sector be affected?  Two main concerns were highlighted in a New York Times article on October 20:
"The struggles of financial institutions are raising fears that investment capital for big renewable energy projects is likely to get tighter.

Advocates are concerned that if the prices for oil and gas keep falling, the incentive for utilities and consumers to buy expensive renewable energy will shrink. That is what happened in the 1980s when a decade of advances for alternative energy collapsed amid falling prices for conventional fuels."

On the other hand, unlike in the 1980s, concerns about climate change may lead to legislation that raises the price of conventional, greenhouse gas emitting energy sources, increasing the competitiveness of alternative energies. 

Which trends do you see as more important, and where do you see renewable energy investment in two to three years?

Posted 28 November 2008 by Brendan Moore

Tagged under: Alternative/Renewable, Policy


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RE: Renewable Energy and the Economic Crisis
Posted 11 September 2009 by yani chaidir
The Geothermal Energy should be developed for got low cost energy such as Capex with simple process system
RE: Renewable Energy and the Economic Crisis
Posted 09 January 2009 by Brendan
Mr. Rogante,

Thanks for commenting. What do you think will be the economic effect if these new nuclear plants are built in the US and Russia?
RE: Renewable Energy and the Economic Crisis
Posted 06 January 2009 by Massimo Rogante
Around the world, nuclear energy is earning more and more an essential role in the politics concerning energy. In the United States, 35 new reactors at the moment are in phase of project, and a inquiry of the past September revealed that the present support of the American public to nuclear energy is without precedents, about 74%, a record if compared to 63% of the past April. In Russia, a project of the Ministry dell' Industry and Energy exists for the accomplishment of about 40 reactors within the year 2020. A comparative study carried out in France on the costs of production of electric energy, confirmed that nuclear energy remains the more economical choice. Some Companies, in Europe, are already offering the actual customers the opportunity to use nuclear energy as a source of electricity, and also to favour much more the interest of environment.
We can also retain that nuclear energy has perhaps the smaller impact on environment, with respect to whatever other source of energy.
Nuclear reactors so, are more and more considered, also from the environmentalists, like sources of clean energy. Whenever coal and gas sources will be asked to have to pay the result of their emissions, nuclear energy even more will be wished as a good alternative.
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