28 Dec '12, 10pm

Green Energy Tech at Year's End: 2012 was not a good year, and 2013 is not likely to be better

Green Energy Tech at Year's End: 2012 was not a good year, and 2013 is not likely to be better

Whether seen in a global or a U.S. perspective, and whether it is defined narrowly or broadly, "cleantech" or "greentech" did not do well in the last year compared with most recent previous years. Wind and solar growth rates decelerated, while sales of electric vehicles and hybrids fell well short of hopes and expectations. Improvements in both vehicular and grid-scale storage technologies were likewise incremental at best, while some of the luster came off the smart gird vision, as measurable efficiencies and economies from smart meter deployments proved slow to materialize. When the 2012 figures for all renewable energy investments are finalized and released, they are expected to show for virtually the first time in this century a decline in wind and solar spending rather than increase --a decline that could be as big as 10 percent, insiders say. General factors include ...

Full article: http://spectrum.ieee.org/energywise/energy/renewables/gre...

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