BWEA, UK's leading renewable energy trade association, welcomed the Prime Minister's endorsement today of the enormous potential of renewable energy to create employment in the UK. Studies published by BWEA in October 2008, concluded that wind, wave and tidal energy projects could drive job creation and stimulate sectors of the economy crucial to delivering the country's 2020 renewable energy targets. The report commissioned by BWEA from Bain and Co. in late 2008 reiterated that "the wind industry is now established as one of the highest-growth industries in Europe, growing at an average rate of 12 percent over the last 5 years." Here is a link to the report.
If the energy efficiency across the United States was equivalent to that of the top performing states, the nation could save 1.2 million GWh, equivalent to 30 percent of its annual electricity use, according to a new report from the Rocky Mountain Institute (RMI). The top five performing states, according to the report, are in order New York, Alaska, Connecticut, Delaware and California, all with an electric productivity greater than 6.2. The five worst performing states, with an electric productivity less than 2.3, are South Carolina, Alabama, Kentucky and Mississippi.
Alternative energy systems and the semiconductors used in them could grow at an annual rate of as much as 40 percent over the next several years, according to a new market research report. Solar, wind and fuel cell systems consumed an estimated $800 million in semiconductors in 2008, a figure that could rise to nearly $2 billion by 2012, according to the report from The Information Network (New Tripoli, Penn.). The chips involved are primarily MOSFETs, IGBTs, microcontrollers, DSPs and discretes used to convert the renewable energy from AC to DC power. Some of the anticipated growth will come as the result of the recently passed economic stimulus package that calls for spending about $43 billion on alternative energy including about $4.3 billion on smart electric grids.
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