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2005-04-27
A good five years expected for distributed energy
Restructuring Today, April 27, 2005
A new survey finds that many in the energy industry expect wind technologies to see revenue growth for the next five years.
Load control and demand response technologies are expected to turn a profit, too, noted financial services firm Distributed Energy Financial Group (DEFG).
They commissioned the survey.
Distributed energy is a strange way of explaining energy that's used where it's created and thus is not distributed.
About 75% of the 350 industry stakeholders asked by survey firm Market Strategies believe that distributed energy (DE) is well-positioned for growth this year.
While many respondents are confident the alternative energy industry will become profitable over the next three years, some are worried the pace will be slower.
The main driver of future profits hinge on cutting the cost of DE products, DEFG noted.
Demand response technologies are expected to be the most profitable but that will depend on natural gas prices remaining high enough to drive interest in metering and control products.
The Northeast and Pacific regions were found to be the most receptive to use DE products.
The full survey results will be released Friday.
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