Hype aside, renewable energy emerging as viable long-term energy industry business opportunity

10/22/2001
Renewable energy development is beginning to emerge as a viable, long-term business opportunity for energy companies.The subject of renewable energy presents the average businessperson or investor with a number of difficulties.First, it is often associated with "new age" quirky thinking, when in reality renewables are the oldest and most proven form of energy generation. Click here to enlarge imageSecond, the subject suffers from overly extravagant resource-based claims that are far from realizable. (For example, the global wind resource is vast; however, the proportion that can be economically captured for power generation remains small.)Third, it is full of inconsistency-in definition,...
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