Research and Markets, an international market research firm, has issued a report entitled ‘Green Energy in the US: Renewable Investment, Capacity Growth and Future Outlook.’ According to the report, wind was the fastest growing source of power generation in the U.S. during 2006. Research and Markets also found that renewable sources contributed approximately 9.5% to U.S. total electric generation in 2006, generating 385 kWh of electricity.
Legislation that introduces an effective cap and trade system by placing a price on carbon emission could enhance the growth of renewable energy by making it more competitive with conventional sources, the company adds.
Other key topics examined in the report include U.S. energy consumption, possible future legislative action against climate change, the global market positioning of U.S. renewable energy technologies, and the growth potential for specific forms of renewable energy.
Further information is available at www.researchandmarkets.com/reports/c60376