Environmental Factors and Low Cost Propel the European Flywheel UPS Market Forward - 0 views
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Energy Net on 30 Sep 08Amid growing concerns over the preservation of the environment, the quest for energy efficient and greener technologies is intensifying in Europe, especially after the signing of the Kyoto Protocol. Green initiatives have encouraged the gravitation towards environmentally friendly technologies such as flywheel UPS systems. The European Commission energy efficiency action plan has also helped drive the uptake of flywheel UPS systems. New analysis from Frost & Sullivan (http://www.powersupplies.frost.com), European Flywheel UPS Markets, finds that market earned revenues of over €25.4 million in 2007 and estimates this to reach €58 million in 2014. "Although the technology has been in existence for a long time, it has seen widespread acceptance and increased uptake only over the past three or four years," says Frost & Sullivan programme manager Malavika Tohani. "Flywheel UPS systems use kinetic energy, eliminating harmful emissions and disposal issues and reducing the impact on the environment."