Tuesday, November 25, 2008
Growth in alternative energy market not about to stop
November 25, 2008: Renewable energy retailers say the market has been growing steadily since the start of the decade.Janek Skarzynski/AFP/Getty ImagesRenewable energy retailers say the market has been growing steadily since the start of the decade.
The dramatic slide in oil prices has caused many to speculate that renewable energy has gone from the "next big thing" to the latest "has been." But renewable energy retailers tell a different story. The alternative energy market, they say, has been growing steadily since the start of the decade and it is not about to stop.
Kevin Pegg, president of retailer and project developer EA Energy Alternatives Ltd. in Victoria, has noticed "a dramatic shift" in the market since he first entered the industry 16 years ago. Back then, people would stare at him blank faced when he spoke of a solar panel. But since 2000, he says, wind, solar and hydro have become household names. More >>>