Unavoidable Trend in Renewable Energy: Consolidation
My colleague who sent me this piece on ocean wave energy jokingly disapproved of my unenthusiastic response: “Always the cynic! Merry Christmas!” I write back:
Ha! Well, I believe in consolidation, since I’ve seen it happen so many times. In 2008/09, I used to go to all the electric vehicle shows when they were geographically convenient. There were hundreds of booths, mostly occupied by vendors who were hopeful to be successful in this budding industry—maybe a dozen of would-be OEMs, and scads of purveyors of charging infrastructure and other accoutrements. Now, there are so few potential players in the EV community, most of those shows no longer even exist. (more…)