Renewable Energy Market in Europe 2014-2018

The Renewable Energy Market

The Renewable Energy Market ( Thermal Magazine )
Renewable energy sources include solar, wind, biomass, geothermal, biofuels, and other sources that do not cause an adverse impact on the environment as fossil fuels do. Alternative energy technologies reduce emissions, reduce dependency on traditional hydrocarbon oil sources, increase energy security, and are non-polluting. Renewable energy sources are growing in importance today because of environmental reasons and the rising prices of fossil fuels across the world.

The demand for energy in Europe is increasing amidst high and unstable energy prices. Climate change, along with an increasing dependency on energy imports, is among the few risks being faced by the European economy today. With people in most parts of the world experiencing unprecedented high prices of fuel, and the cost of heating homes in winter projected to soar, the importance of finding alternative ways to lower energy costs has risen. Fossil fuels are the primary sources of energy and they are depleting at a phenomenal rate, creating a rapacious hunger for them.

TechNavio’s analysts forecast the Renewable Energy market in Europe will grow at a CAGR of 8.56 percent over the period 2013-2018.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global GIS market in the Government sector for the period 2014-2018.
The Renewable Energy market in Europe can be segmented into four technologies: Wind, Solar, Biomass and Geothermal.
TechNavio’s report, the Renewable Energy Market in Europe 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe; it also covers the Renewable Energy market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Leading Countries
– Germany
– Italy
– Spain

Key Vendors

– Dong Energy A/S
– Enel Spa
– Statkraft AS

Other Prominent Vendors

– Iberdrola Renovables Energia SA
– Gamesa Corporación Tecnológica
– GDF Suez

Key Market Driver

– Need for Clean Sources of Energy.
– For a full, detailed list, view our report.

Key Market Challenge

– High Power Generation Cost.
– For a full, detailed list, view our report.

Key Market Trend

– Reliable and Resilient Energy Source.
– For a full, detailed list, view our report.

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