Alternative energy is seeing an unprecedented upsurge and efforts are afoot to expand the current share of alternative energy in the global energy matrix. However, this will only very marginally impact the current reliance on fossil fuels. Growth markets are already on course to increasing coal production in anticipation of emerging energy needs. The mining industry, on the other hand, is grappling with the sliding prices of metals such as gold, silver, coal, and copper. In recent years, investors have stayed away from the mining industry and this will remain unchanged till an upswing in the market occurs.
- Electric power
- Natural gas
- Nuclear power
- Renewable energy (including hydroelectric power, wind power, solar power and alternative fuels)