Clean Energy Market - Global Industry Analysis, Market Size, Share, Growth, Trends & Forecast, 2014 – 2020
Clean energy is becoming progressively more competitive with newly built conventional power plants. In Europe, decreasing wholesale prices initiating from slow demand of power, overcapacity, low CO2 costs and rising penetration of renewable are some of the factors responsible for declining investment in clean energy market. As a result, policy incentives are required to drive progress in clean energy technologies. Surge in the industrialization all over the world have created innovative technologies that have a major and positive effect on human life. Rise in the rates of pollution, environmental concerns as well as human health has urged the need for maximizing the energy production cleaner energy sources. Furthermore, high rate of pollution due to burning conventional fuels such as petroleum and coal can be decreased by increasing the utilization of cleaner energy sources, thus creating an enormous demand from the global clean energy market. Emerging technologies in clean energy market can capture new niche markets through the implementation of new business models. Therefore, market creation, technology penetration and developments of emerging technologies are some of the key measures of progress in the deployment of clean energy.
Clean energy is becoming progressively more competitive with newly built conventional power plants. In Europe, decreasing wholesale prices initiating from slow demand of power, overcapacity, low CO2 costs and rising penetration of renewable are some of the factors responsible for declining investment in clean energy market. As a result, policy incentives are required to drive progress in clean energy technologies. Surge in the industrialization all over the world have created innovative technologies that have a major and positive effect on human life. Rise in the rates of pollution, environmental concerns as well as human health has urged the need for maximizing the energy production cleaner energy sources. Furthermore, high rate of pollution due to burning conventional fuels such as petroleum and coal can be decreased by increasing the utilization of cleaner energy sources, thus creating an enormous demand from the global clean energy market. Emerging technologies in clean energy market can capture new niche markets through the implementation of new business models. Therefore, market creation, technology penetration and developments of emerging technologies are some of the key measures of progress in the deployment of clean energy.
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