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Wind turbines, photovoltaics winners in distributed generation market.(News)(Brief Article)
OYSTER BAY, NY -- In the distributed generation (DG) industry, most of the fuel cell and microturbine companies reported disappointing results for 2003, as they failed to ship expected unit quantities of their products. Wind turbine and photovoltaic companies, however, experienced extraordinary sales, and are expected to translate these sales into solid market share gains on the competition, according to ABI Research.
"Fuel ceils and microturbines have unfortunately not lived up to industry expectations," explains Atakan Ozbek, ABI Research's director of Energy Research. "Despite hundreds of millions of dollars spent on R&D, the relatively quiet power generation markets and the technological uncertainty of fuel cells and microturbines were two major reasons for the pore" performance of these two energy technologies over the past two years."
Although the summer 2003 blackouts in North America and Europe presented a perfect business ...
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