Alternative Energy (Emerging Industry Overview)

This paper provides an overview of the alternative energy industry, primarily in the United States. Alternative energy includes renewable energy sources such as wind, solar, and hydroelectric power, and alternative vehicle fuels such as natural gas, electricity and biodiesel.

Emerging Industry Overview: Alternative Energy

Industry Snapshot

The alternative energy industry is comprised of two main segments: renewable energy sources such as wind, solar, and hydroelectric power, and alternative vehicle fuels such as natural gas, electricity, and biodiesel. During the later years of the first decade of the twenty-first century, both of these segments were growing worldwide as countries sought sources of energy that were both environmentally friendly and economically viable.

Within the lifetimes of most who read this, the supply of world crude oil will have peaked (estimated around 2015), and natural gas liquids (NGL) will also have peaked...

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