The gist here is more funding, more investing and more returns on investments… if investor stop being emotional and start being rational.
- Solar continues its march. We should see more desert land appropriation and solar farms pooping here and there using vapor and photosynthesis.
- Wind, the other obvious winner. Wind will continue to be more and more appealing and more farms will be built worldwide.
- Geo-thermal won’t get nearly as big a boost as it did this year. We think it will find a bigger place in the picture for 2010.
- Sea power through tidal and and wave harnessing will grow bigger in the northern sea., especially in Scotland.
- Ethanol… What can you say. Governments will do what they do best, throw millions at a technology that will threaten the price of food as it reroutes the much needed water away from crops. Simply scary the lack of foresight.
- Nuclear. There will be a push in the U.S. and technology from France will try to open up the market. People are still not sold on it, so we don’t expect nuclear to mainstream.
- Bio-mass. Nothing much here either, innovations will continue and research will push the envelop but the problem is retooling engines and delivery infrastructure.
- Speaking of delivery infrastructure, Hydrogen will continue its hype from 2008 but with little hope of seeing more on the road. The problem is still that creating hydrogen is energy consuming. Turning it back to electricity is not as efficient as using batteries and the infrastructure just isn’t there. It must make one wonder, who benefits from hydrogen?
- More solar panel and wind turbine incentives, at least in the U.S. With the incoming Obama team, we should see a more serious push into alternative energy and incentives with alternative energy units to boost the sagging economy.
- The best for the last, is clean coal a myth? It’s hard to say but the words clean coal sound like an oxymoron. Another important fact, besides its high polluting factor is that the reserves won’t last forever.
All in all, 2009 should be a year where alternative energy gains momentum and finds a bigger role in our energy production. We expect to see certain states in the U.S. lead the way, mostly California, Nevada with solar and geo-thermal. With the news administration in the country, alternative energy will play an important role in revitalizing the downturn in economy. All of it will be a welcome relief and push for eletric cars.