The Opportunity

The volatility of oil markets, the widely acknowledged threat of global warming from greenhouse gases, and a national political commitment to R&D for alternative fuel technologies and the purchasing of energy from renewable sources have all aligned to produce major business opportunities in an otherwise tough economy.

About $61.3 billion in stimulus spending on energy programs are being unleashed by The American Recovery and Reinvestment Act. In addition to major federal, state and local tax incentives, the U.S. Department of Energy currently plans to spend billions of dollars on R&D for clean, renewable energy, as well as distributing more than $3.3 billion in smart grid technology development grants, and an additional $615 million for smart grid storage, monitoring and technology viability assessment programs.

John Chambers, CEO of Cisco Systems, recently told reporters he foresees a $100 billion business opportunity in communications equipment that will upgrade aging electrical infrastructure into a more efficient smart grid.

Without question, renewable energies and smart grid technologies are among the most exciting and potentially profitable business opportunities that exist today. A recent survey of the National Venture Capital Association’s membership concluded that the clean energy industry has the highest potential in the entire economy for future stability and growth.

That’s why Smart Energy Group is pleased to offer its Clean Energy and Smart Grid Technology Directory, which contains details on hundreds of the most important companies and contact info on thousands of the leading individuals in the clean energy and smart grid industries in North America. It is available in both print and CD database form.