(PRWEB) March 8, 2005
Worldwide initiatives to reverse the growing dependence on oil lead to high growth rates for clean energies. The R & D spending in USA, China, Japan and Europe reach more than 25 bn US $. Nanotechnology and molecular technologies play a key role in the development and the efficiency of the energy systems and the costs. This will dramatically improve the technologies and applications. USA and Japan lead the technology today.
In 2005 the market will reach 130 bn US $ and create 1.2 million jobs. Hkc22.com anticipates 255 bn US $ by 2010 and 429 bn US$ by 2015 with 3 million jobs. China will be the biggest single market worldwide.
The markets include hydrogen, hydropower, wind power, photovoltaics, solarthermal, geothermal, biomass, biofuel and service/maintenance.
15 percent of the world population consume more than 70 percent of the energy and 40 percent have still no access to energy at all.
There is a heavy and aggressive competition between countries and companies on new technologies and systems and to get most of the jobs available. The winner will achieve the environmental protection and sustainability.
This is based on a new released study of hkc22.com please see
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