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European Renewable Energy...Expected to Double Market (Eur14.5 B by 2010)

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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-15-06 10:44 AM
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European Renewable Energy...Expected to Double Market (Eur14.5 B by 2010)
http://biz.yahoo.com/prnews/061114/uktu018.html?.v=56

LONDON, November 14 /PRNewswire/ -- Increasing awareness about renewable energy and favourable government legislations such as the Directive on Renewable Energy Sources (RES) are expected to drive the European renewable energy market.

New analysis from Frost & Sullivan ( www.financialservices.frost.com), European Renewable Energy Market - Investment Analysis and Growth Opportunities, reveals this market earned EUR8.89 billion in 2005 and estimates this to reach EUR14.54 billion in 2010.

If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants with an overview of the European Renewable Energy Market - Investment Analysis and Growth Opportunities, then send an e-mail to Chiara Carella, Corporate Communications, at chiara.carella@frost.com, with your full name, company name, title, telephone number, fax number and e-mail address. Upon receipt of the above information, an overview will be sent to you by e-mail.

"The RES directive of September 2001 introduced different national targets for each member country of the European Union," says Frost & Sullivan Financial Analyst Ms. Saranya Sundaram. "It established indicative targets for the consumption of electricity generated from renewable energy sources, with the overall EU target set at 22 per cent in 2010."

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