Publication Number: 3805

Report Title: Renewable Energy Services: An Examination of U.S. and Foreign Markets

Investigation Number: 332-462

Author's name(s): Lisa Ferens Alejandro, Jennifer Baumert, Laura Bloodgood, William Chadwick, John Cutchin, Robert Feinberg, Eric Forden, Samuel Huleatt, David Ingersoll, Dennis Luther, Christopher Mapes, Robert Randall, Elizabeth Ryvkin, Audry Tafoya, Norman Van Toai, Joann Tortorice

Date Published: October 2005

Report Description/Introductory Text: This report examines global markets for renewable energy services as well as issues related to international trade of renewable energy services, for the purpose of providing information for use in conducting trade negotiations and environmental reviews. The renewable energy sectors featured in this report include wind energy, solar energy, biomass energy, geothermal energy, and ocean energy. The report finds that demand for renewable energy services is driven largely by government policies including those that stem from national obligations under international environmental agreements. To a lesser extent, demand for renewable energy services is also derived from technological advances that have improved the cost-competitiveness of renewable energy technologies, concerns regarding the environment and energy security, and other factors. While the wind energy industry is the largest in terms of installed capacity among the five renewable energy sectors discussed in this report, the biomass energy industry is the largest in terms of electricity generation. The United States is the world’s largest market for biomass power and geothermal power, while Germany, Japan, and France are the largest markets for wind power, solar power, and ocean power, respectively. There are few barriers that specifically target trade and investment in the renewable energy services sector, although regulatory barriers that apply separately to related sectors, or horizontally to all industry sectors, may affect trade and investment in the renewable energy industry.

Topics Covered: renewable energy services, renewable energy, solar energy, wind energy, geothermal energy, biomass energy, ocean energy, tidal energy, renewable power, solar power, wind power, geothermal power, energy services, trade, trade barrierssolar energy, wind energy, geothermal energy, biomass energy, ocean energy, tidal energy, renewable power, solar power, wind power, geothermal power, energy services, trade, trade barriers

Countries: Australia, Brazil, Canada, Chile, China, Costa Rica, Denmark, Germany, India, Italy, Japan, Mexico, Korea (South), Spain, Thailand, United States

HTS Numbers: 8502.31, 8541.40, 8419.19

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