Alternative Energy

The global clean-energy market will grow to $92 billion by 2013, about seven times its current size of $13 billion (Source: Business Week, 2004). All 'alternative' sources (nuclear, wind, solar, hydro, biomass) now comprise about 17% of global energy use (11% excluding nuclear energy). Alternative energy is growing 30% per year, backed by wide public support and strong corporate investment (Source: TechCast, 2007). The Foothills Region’s pursuit of the sector in the form of manufacturing, research and development, and installation, leverages and extends Alberta’s reputation and expertise as an energy leader. Targeted activities are solar, wind, geo-thermal and bio-fuels.

Anchor company located in the Foothills Region: Western Bio-Diesel Inc.