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March 17, 2006
Alt energy a sizable market in Europe
Startups targeting alternative energy and eco-tech have a sizable market to address, one that is growing at a 5 percent rate, according to Europe's Environment Commissioner, Stavros Dimas who was speaking at the European Business Summit in Brussels yesterday.
Expenditure on eco-industries – which include hybrid cars and renewable energy technologies – accounts for 200 billion euros annually, more than two per cent of the EU’s GDP. The sector has experienced annual growth of around five per cent.
Read - Energy issues dominate eco-innovation debate
Read - The future is eco-technology
Posted on March 17, 2006 05:41 PM | Posted to Alternative Energy | Permalink
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