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Turning Power Plant Challenges into Clean Technology Opportunities In today's world, our rising energy demands have led to an undeniable reliance on fossil fuels and a dependence on a power infrastructure that has had serious negative environmental impacts. Key issues associated with our continued utilization of fossil fuel-fired power plants surround environmental risk from greenhouse gas emissions, water contamination as well as problems of water scarcity. Working to restore balance and turn power generation challenges into opportunities are clean energy companies such as Beacon Power Corp (NASDAQ: BCON), XsunX, Inc. (OTCBB: XSNX) and NRG Energy, Inc. (NYSE: NRG), with ITT Corporation (NYSE: ITT) and Hendrx Corp (OTCBB: HDRX) providing solutions to protect our water quality and supply. Over the past few years protecting our environment has become a major priority within the United States and abroad. Concern over the impact that our dependence on harmful fossil fuels has had on our surroundings is far from being a new theme; however it had found renewed life by the fact that it has become economically viable, reflecting money making opportunities for both investors and businesses alike. From a stock market perspective, while the demand for alternative sources of power and energy remains very strong as fuel prices and geopolitical tensions remain volatile, many companies within the renewable energy arena have seen their stock price decline significantly over the past several months. Short term, despite current market complacency, we may see an immediate spike as a result of a rise in oil prices or a power grid failure. Long term the potential for growth is supported by the constant flow of investments into the clean tech space and the continued presence of market drivers. Evidence of the downward pressure felt by many alternative energy companies is seen through the movement in stock value of the portfolio that comprises the Distributed Energy Stock Index (DESI), which is made up of 41 stocks whose primary focus is distributed energy and technology solutions. Despite the declines, the existing market drivers and solid demand is believed to bode well for early 2007 performance. Overall, it is apparent that we are in the midst of a shift to a more environmentally conscious approach to energy production. This movement is sparked in large part by the increasing level consumer awareness, government and legislative support as well as by the fact that thinking environmentally has become good for business. Working to protect our resources and our surroundings has become a viable growth strategy for those implementing 'green' strategies, and for the technology providers that create solutions to the problems associated with a fossil fuel economy.
Article Source: http://www.bestglobalwarmingarticles.com
Article Directory: www.goarticles.com ©Copyright InvestorIdeas 2006 About the Author: Ann-Marie Fleming completed her MBA in the United States, where she attended Webster University. She also holds an Honors B.A from the University of Toronto. She has over sixteen years of experience within the financial industry to include retail banking and brokerage, investment banking, and mortgage brokerage within the United States and Canada, with a firm...
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