Nanotechnology Now







Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Merrill Lynch Research Calls Cleantech the Sixth Technology Revolution

Abstract:
Energy concerns will not disappear despite the falling price of oil, so investors can expect significant long-term opportunities in the cleantech space, according to a new thematic report published by Steven Milunovich, Merrill Lynch Cleantech Strategist.

Merrill Lynch Research Calls Cleantech the Sixth Technology Revolution

New York, NY | Posted on November 24th, 2008

Mr. Milunovich believes the sixth technology revolution will be driven by clean technology - the application of technology to optimize the use of natural resources - and biotech. He sees a return to renewable resources given the problems of global warming, energy dependence, and scarcity of fossil fuels. The current pressure on cleantech stocks may continue for now, but the combination of friendlier government policies and economic improvement should lead to investment opportunities in 2010-11. Thus Mr. Milunovich is bullish on cleantech in the long term. "History shows that technology revolutions occur about every 50 years. We believe cleantech is at the beginning of a high-growth period much like computing was in the early 1970s. The application of technology to resource problems should cause profound changes in the energy, utility, and automotive industries." says Mr. Milunovich.

Energy efficiency a large opportunity

Boosting efficiency is the low-hanging fruit of cleantech. Although efficiency measures will not reduce demand as some think, investors need to be aware of the demand-side opportunities in areas such as lighting, demand response, and building materials. Electric vehicles would be important in linking for the first time the oil and non-oil parts of the energy world.

Cleantech could help decentralize the energy economy

Energy markets today are mostly centralized. While solar and wind farms may continue this trend, Mr. Milunovich believes decentralized energy generation and monitoring through solar panels, distributed intelligence and microgrids may prove the wave of the future. Cleantech therefore may evolve toward a horizontal, distributed industry.

The disruptive role of venture capital

Critical to the success of alternative energy is the support of venture capitalists and the attraction of entrepreneurial managements. The venture capital model encourages innovative thinking and the adoption of new technologies. "Venture capitalists understand that digital technology is moving from the microscopic to macroscopic world," says Mr. Milunovich. "Subsidies are needed to support cleantech in the short run, but the industry must succeed on stand-alone economics over time."

Portfolio approach the likely cleantech investment strategy

Although investors should take a diversified approach at this early stage, Merrill Lynch Research has identified the solar industry as the long-term technology frontrunner, since the sun is by far the Earth's largest energy source and solar enjoys the fastest price-performance improvements. Wind also is promising, with biofuels and geothermal dark horses.

Steven Milunovich is cleantech strategist and analyst at Merrill Lynch. Mr. Milunovich brings to this role extensive analytical experience, an in-depth knowledge of disruptive technologies, and a strong understanding of the needs of investors and venture capitalists. He has spent 23 years on Wall Street, most recently as a Managing Director at Merrill Lynch. During that time, Steve was widely recognized as a top computer hardware industry analyst and technology strategist. He appeared 20 times on the Institutional Investor All-America Research Team, including ranking as the top IT Hardware analyst from 1989-2000.

####

About Merrill Lynch
Merrill Lynch is one of the world's leading wealth management, capital markets and advisory companies, with offices in 40 countries and territories and total client assets of approximately $1.5 trillion at September 26, 2008. As an investment bank, it is a leading global trader and underwriter of securities and derivatives across a broad range of asset classes and serves as a strategic advisor to corporations, governments, institutions and individuals worldwide. Merrill Lynch owns approximately half of BlackRock, one of the world's largest publicly traded investment management companies, with approximately $1.3 trillion in assets under management at September 30, 2008.

For more information, please click here

Contacts:
Merrill Lynch
Research Communications:
Susan McCabe Walley
+1 212 449 0389

or
Elena Mehas
+1 212 449 8371

Copyright © Business Wire 2008

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Nanotech-enabled moisturizer speeds healing of diabetic skin wounds: Spherical nucleic acids silence gene that interferes with wound healing April 24th, 2015

Fast and accurate 3-D imaging technique to track optically trapped particles April 24th, 2015

Pseudoparticles travel through photoactive material: KIT scientists measure important process in the conversion of light energy -- publication in Nature Communications April 24th, 2015

Scientists Use Nanoscale Building Blocks and DNA 'Glue' to Shape 3D Superlattices: New approach to designing ordered composite materials for possible energy applications April 23rd, 2015

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

Harris & Harris Group Sponsors NYC American Heart Association's Health Sciences Innovation Investment Forum: Co-founder of Harris & Harris Group Portfolio Company TARA Biosystems to Speak About the Value of Tissue Engineering Technology April 21st, 2015

Long Island Capital Alliance Announces Participants for Brookhaven National Laboratory Technology Transfer Capital Forum on May 8: Keynote Speaker Dr. Doon Gibbs, Director of Brookhaven National Laboratory April 16th, 2015

Harris & Harris Group Portfolio Company OpGen Files Amended Registration Statement for Proposed Public Offering April 8th, 2015

Hong Kong Investors Bullish on Dais Analytic Invest $5.75M, Provide $60M Contract, and Create New Joint Venture Company March 26th, 2015

Possible Futures

Printing Silicon on Paper, with Lasers April 21st, 2015

A glass fiber that brings light to a standstill: By coupling photons to atoms, light in a glass fiber can be slowed down to the speed of an express train; for a short while it can even be brought to a complete stop April 9th, 2015

Nanotechnology in Medical Devices Market is expected to reach $8.5 Billion by 2019 March 25th, 2015

Nanotechnology Enabled Drug Delivery to Influence Future Diagnosis and Treatments of Diseases March 21st, 2015

Investments/IPO's/Splits

Harris & Harris Group Sponsors NYC American Heart Association's Health Sciences Innovation Investment Forum: Co-founder of Harris & Harris Group Portfolio Company TARA Biosystems to Speak About the Value of Tissue Engineering Technology April 21st, 2015

Long Island Capital Alliance Announces Participants for Brookhaven National Laboratory Technology Transfer Capital Forum on May 8: Keynote Speaker Dr. Doon Gibbs, Director of Brookhaven National Laboratory April 16th, 2015

Graphenea embarks on a new era April 16th, 2015

Harris & Harris Group Portfolio Company OpGen Files Amended Registration Statement for Proposed Public Offering April 8th, 2015

Announcements

Nanotech-enabled moisturizer speeds healing of diabetic skin wounds: Spherical nucleic acids silence gene that interferes with wound healing April 24th, 2015

Fast and accurate 3-D imaging technique to track optically trapped particles April 24th, 2015

Pseudoparticles travel through photoactive material: KIT scientists measure important process in the conversion of light energy -- publication in Nature Communications April 24th, 2015

Surface matters: Huge reduction of heat conduction observed in flat silicon channels April 23rd, 2015

Energy

Pseudoparticles travel through photoactive material: KIT scientists measure important process in the conversion of light energy -- publication in Nature Communications April 24th, 2015

Scientists Use Nanoscale Building Blocks and DNA 'Glue' to Shape 3D Superlattices: New approach to designing ordered composite materials for possible energy applications April 23rd, 2015

'Holey' graphene for energy storage: Charged holes in graphene increase energy storage capacity April 22nd, 2015

Expanding the reach of metallic glass April 22nd, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project