The recession has taken over the world economy and the investors are wary about where to making investments. However, the energy sector is one of the few sectors that remain unaffected by recession. Irrespective of the incessantly rising prices of fossil fuels, the energy demand shows no signs of slowing down. With the majority of the world economy dependent on energy for its functioning, it is evident that this demand is going to rise further in coming years.
As predicted by a report, eh world energy demand will rise by 40% by 2030. This calls for the usage of other energy sources beside the fossil fuels. This high demand is now compelling the world to shift to new energy technologies that are renewable and sustainable in the future. As such renewable energy sources like sun, water and wind have grown in usage. These energy sources are not just unlimited in availability and environment-friendly but are also highly lucrative.
The world energy research has taken up the task of bringing to people’s attention the huge investment potential lying untapped in the energy sector and how to benefit from it. It enables the investors to choose from a wide range of investment options that suit their specific needs and demands.
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02-18-2010, 08:30 AM
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