Renewable Energy Taking off in Power Markets

The rapid growth in renewable energy is being driven by improving economics, technology advances and increasingly favorable government policies according to Global Energy Decisions (Global Energy), a leading provider of energy industry software, intelligence, maps and advisory services.

A new wall map released this week by Global Energy shows installed renewable energy capacity jumped over 25% (19,188 megawatts to 24,020 megawatts) from Jan 2005 to Jan 2006.

Planned projects on the drawing boards increased nearly 35% as well, going from 35,818 megawatts to 48,202 megawatts. The new “2006 Renewable Energy” wall map from Global Energy Maps shows the complete renewable energy picture. The map includes: new and existing renewable energy projects, transmission infrastructure, regulatory status, and facility information. Plus, the industry’s first comprehensive, nation-wide composite of the latest detailed wind resource measurements.

Details can be found at:

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