Despite a difficult year, the fundamental drivers for clean energy remain intact internationally, resulting in record 2012 deployment and projected growth rates that could double total market value within a decade.
This positive outlook comes from the 12th annual Clean Edge Annual Trends Report, which tracks developments and expected expansion in clean energy markets, and is published by clean-tech research and advisory firm Clean Edge, Inc.
Clean Edge projects the global biofuel, wind, and solar markets will nearly double in total value from $248.7 billion in 2012 to $426.1 billion by 2022. These eye-popping projections are even more compelling when compared to the Clean Edge 2012 report, which only expected total market value of $385.8 billion by 2021.
So much for clean energy being some sort of niche market, or whatever other falsehoods the dirty energy folks like to perpetuate.