Alternative Power and Energy Storage Service Launched

Solar and biofuel technologies have been the investment darlings of the past two years in the cleantech field. But now alternative power and energy storage technologies - including advanced batteries, supercapacitors, and fuel cells, addressing a $10 billion global market - are entering the limelight: These technologies captured $539 million of venture capital investment last year, up 142% over 2005. The new LR Power Intelligence service from Lux Research helps executives and investors track the innovation in this rapidly-changing field through primary research and insider knowledge.

"Energy storage technologies unlock the promise of renewable energy generation, cleaner-running vehicles, and more powerful consumer electronics devices," said Lux Research President Matthew M. Nordan, announcing the new service from the stage at the firm's Lux Executive Summit conference today - sold out to capacity at the Charles Hotel in Cambridge, MA. "This field is incredibly diverse, with technologies ranging from the high-efficiency lithium-ion batteries going into new hybrid electric drivetrains to compressed air energy storage technologies being deployed to time-shift wind power. Our new service continuously monitors the world's top innovators in the field, helping our corporate and financial clients make effective partnership and investment decisions."