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BY Tali Aaron : February 25

Green Tech may be Good for the Environment but Bad for Business

utility scale solar


The good news is that 70 percent of the nation's electric utility companies plan to integrate wind and solar energy projects and "Smart Grid" technology in the next few years to curb carbon emissions. But a recent survey of 329 power station managers conducted by Black & Veatch indicated that such renewable energy and smart grid investments may take a while to pay off for both consumers and power companies.

According to the survey, major utility managers are not optimistic about green tech profits. "Their expected leading role in curbing carbon emissions would hit utility costs very hard," explained Black & Veatch manager William Kemp. "Electric utilities will be hard pressed to satisfy both customers and investors over the next few years." The report also noted that utility companies are also facing the repercussions of spending up to "15 to 20 percent of [their] pre-tax earnings to get customers to use less of [their] product."

via cnet

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Posted in: Alternative Energy, Solar Energy, Wind Energy
Tags: greentech atsiliepimai (3)   erie-tech.com (3)   green technology (49)   global warming (53)   investments (9)   Environment (308)   carbon emissions (50)   cleantech (324)   green tech (17)   clean tech (193)   solar energy (223)   
Last Modified: February 25, 2010 at 12:45 pm
First Published: February 25, 2010 at 12:37 pm

9 Responses to Green Tech may be Good for the Environment but Bad for Business

  2. buildaroo on July 16, 2012 at 9:42 am


    Green Tech may be Good for the Environment but Bad for Business http://t.co/jfPPqvEd #eco #cleantech #greenbuilding #renewableenergy

    Reply
  3. buildaroo on May 6, 2011 at 1:55 pm


    Green Tech may be Good for the Environment but Bad for Business http://bit.ly/9IQP1S #eco #cleantech #greenbuilding #renewableenergy

    Reply
  4. buildaroo on November 2, 2010 at 6:02 am


    Green Tech may be Good for the Environment but Bad for Business http://bit.ly/9IQP1S #eco #cleantech #greenbuilding #renewableenergy

    Reply
  5. Vinod Kholsa Gives Green Technologies the Green Light | Tech News, Reviews, Business, Health News and More on March 24, 2010 at 2:08 am


    [...] driven by the relative costs of renewable energy versus those of fossil fuels. He compared current forecasts of green energy growth to a 1980 McKinsey study that estimated there would be one million mobile phones sold in 2000 (the [...]

    Reply
  6. Vinod Kholsa Gives Green Technologies the Green Light&nbsp- buildaroo.com on March 5, 2010 at 12:12 pm


    [...] driven by the relative costs of renewable energy versus those of fossil fuels. He compared current forecasts of green energy growth to a 1980 McKinsey study that estimated there would be one million mobile phones sold in 2000 (the [...]

    Reply
  7. Wo-Built Inc on February 25, 2010 at 11:27 pm


    RT @buildaroo: Green tech may be good 4 environment but bad 4 business. What do you think? http://bit.ly/9IQP1S #renewableenergy #cleant ...

    Reply
  8. Green Tech may be Good for the Environment but Bad for Business … · Staringfrog.com on February 25, 2010 at 10:15 pm


    [...] See the article here: Green Tech may be Good for the Environment but Bad for Business … [...]

    Reply
  9. Theresa Stroisch on February 25, 2010 at 9:02 pm


    RT @buildaroo: Green tech may be good 4 environment but bad 4 business. http://bit.ly/9IQP1S #renewableenergy #cleantech #eco #green

    Reply
  10. wobuilt on February 25, 2010 at 11:27 pm


    RT @buildaroo: Green tech may be good 4 environment but bad 4 business. What do you think? http://buildaroo.com/news/article/green-... #renewableenergy #cleant ...

    Reply

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