Report Says Clean-Energy Markets Will Reach $92 Billion by 2013

San Francisco, CA-based energy research firm Clean Edge, Inc. recently announced the release of a new report, titled "Clean Energy Trends 2004," which predicts that three "high-growth" clean energy markets -- wind, solar and fuel cells -- are poised to grow from the present total of $12.9 billion to $92 billion by 2013.

According to Clean Edge, the report, which examines factors influencing clean-energy markets, tracks five "key" trends that support the predicted growth, including "how some innovative utilities are using clean energy as a price hedge for customers; how China is poised to embrace new technologies; and how Europe is the leader in wind production with 70 percent of the global market."

Clean Edge said the report also cites three factors that will be essential in bringing clean energy to the mainstream -- more supportive government policies; more funding for research and development and commercialization; and continued technological advancements.

"New government policies and continued investment from venture capitalists and multinationals are playing a critical role in what we see as a bright future for clean-energy growth," said Clean Edge co-founder Ron Pernick.

The Clean Energy Trends 2004 report is available for download from the Clean Edge website at http://www.cleanedge.com.