EER REPORT RENEWABLE ENERGY – EUROPE ENERGY RESEARCH
May 5th, 2006
BY ALAN OSBORN
European investment in renewable energy will exceed $60 billion by 2011, excluding large-scale hydroelectricity, predicts Emerging Energy Research (EER) a research and advisory company based in Spain and the United States. The firm says that the top 20 utilities have already set aside $13.3 billion for renewable energy ventures - "primarily onshore wind farms but also offshore wind, wave and tidal energy, solar, biomass and small-scale hydroelectric projects." The new focus on renewable energy is partly driven by high fuel prices and ...
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