What Is Alternative Energy?

The term "alternative energy" encompasses companies involved in developing technologies that reduce our reliance on traditional fossil fuels such as coal, oil, and natural gas.  These companies are involved in developing:  1) new energy sources (e.g., wind, solar, bioenergy, geothermal, wave /tidal power, and small-scale hydro); 2) conservation and efficiency technologies; and 3) storage mechanisms such as fuel cells and batteries. 

Because alternative energy has captured public, media, and political attention as a potential solution to the pressing issue of climate change, the prospects for alternative energy sources appear bright, and potentially profitable, over the long term.

For more information on alternative energy, please see our white paper.