Michael Covel

General Electric (GE) and British Petroleum (BP) have entered this $30 Billion market.

Trading under (WYSK)
Current Price: $0.73
Short Term Outlook: EXPLOSIVE
Industry: Energy
Untapped and barely known to investors, this industry has quietly become one of the most vibrant and rapidly growing segments of the alternate energy market.

HERES WHY:

1. The Global Wind Power Market could be worth $30 Billion Dollars a year by 2010.
2. European Wind Energy Association found that by the year 2020, wind could provide 12% of the world electricity supplies, meeting the needs of 600 million European households.
3. Wind energy could supply 20 % of the nation.s electricity, according to Battelle Pacific Northwest Laboratory, a Federal research lab.
4. Wind plants now power the equivalent of 7.5 million average American homes (16 million average European homes) worldwide.
5. Wind is the world’s fastest-growing energy source on a percentage basis, with installed generating capacity increasing by an average 32% annually for the last five years (1998-2002).
6. Blue chip companies world wide are entering the Green Power Generation industry. A few are: General Electric (GE), and British Petroleum (BP).
7. Annual turnover of more than US $5 billion per year.
8. Has been growing at an average rate of 40% annually over the past 5 years.