Following abysmal performance from 2008-12, alternative energy funds have rebounded in 2013, and today's high crude oil prices are increasing the economic viability of alternative energy. Is this the time to take a closer look at the 30 alternative energy mutual funds/ETFs currently on the market?
To evaluate big-picture trends in alternative energy consumption, capacity and growth, download the informative report Renewables 2013 Global Status Report from the Renewable Energy Policy Network for the 21st Century.
The industry's biggest growth drivers in 2012 were solar photovoltaic (PV) energy, in which global capacity increased by 42 percent, and concentrating solar thermal power (CSP), where capacity grew by 61 percent. Spain is driving development of CSP.
Recommended For You
During 2012, the U.S. added 3.3 gigawatts (GWs) of solar PV capacity, increasing its total by 85 percent in one year. Germany, by far the world leader in PV, added 7.6 GW last year. According to the Solar Energy Industry Association, the average price of a completed PV home electricity-generating system in the U.S. dropped by 24 percent during the year.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
