The Global Wind Energy Council (GWEC) recently predicted that the world’s wind power capacity will increase by 160 percent in the next five years, and adding this additional 250.5 GW of wind energy will require 167,000 tonnes of rare earth metals.
It is estimated that over 90% of the world's rare earth metals are exported from China, and these are crucial to the new generation of ultra-efficient windpower turbines. As China itself plans to construct another 130+ Gigawatts of wind capacity over the next decade, how long are these rare earth minerals and metals going to be available for export?
Neodymium, praseodymium, dysprosium, and terbium are all rare earth metals whose pricing and availability globally could be affected by internal Chinese demand.
Thursday, December 23, 2010
Sunday, December 12, 2010
Clean Energy Technology a conscious, rewarding investment
After reading about a study comparing returns of green ethical mutual funds with comparable non socially responsible funds, this comparison of ethical investing returns to average mutual funds returns made me happy that investors putting their money where their minds are can also be rewarded in the wallet.
Clean Energy Technology and Green Stocks Investing websites:
Best Windpower stocks for 2011
Green Energy Company Links list
Green Chip Stocks investing website
PV Intell Solar Photovoltaic Energy companies guide
Clean Green Mutual Funds Sustainable responsible investing blog
SolarBuzz leading solar energy industry portal
WindIntell.com Publicly-listed Wind Power stocks
Solar Intell Solar Energy Companies, Clean Power Investing
Geothermal Power Stocks Investments Companies list
Water Technology, Wave Energy Tidal Power Water Purification website