A new report predicts that global investment in water desalination projects will triple over a five-year period from 2011 to 2016, driven by improvements in technology and a surge in companies entering the sector. According to Global Water Intelligence, investments in desalination plant installations will grow from $5 billion last year to $8.9 billion this year; by 2016, the report says, the sector could reach $17 billion. A critical factor has been the emergence of technologies that require less energy to make potable water from seawater, including a process called forward osmosis that uses less heat and power than existing reverse osmosis plants and could cut the cost of desalination by as much as 30 percent. Also driving this surge is growing demand in developing nations already facing water shortages, including China and India. “Those huge economies will not be able to step forward without a solution to water scarcity, and one of the solutions is going to be desalination,” Avshalom Felber, CEO of Israel-based IDE Technologies, told Bloomberg News.
Desalination Sector Surges as Technology Improves, Demand Grows
More From E360
-
Climate
Why Germany Is Building an Ark for U.S. Climate Data
-
INTERVIEW
From Indigenous Loss, a Potent Legal Argument on Climate
-
Biodiversity
Sargassum Superbloom: Seaweed Scourge or Ecological Boon?
-
Oceans
A Surge of Marine Heat Waves Threatens to Scramble Ocean Life
-
Policy
A Hard-Won Rule to Cut Chemical Plant Pollution Is Being Unraveled
-
E360 FILM CONTEST WINNER
Filipino Cacao Growers Learn to Live With a Hotter Climate
-
E360 FILM CONTEST
A Bicycle Journey Across Brazil to Find a Vanishing Savanna
-
OPINION
For America’s Rarest Wildlife, Survival May Hinge on a Single Word
-
E360 Film Contest
Who Gets to Decide the Fate of a Pristine Alaskan Rainforest?
-
Biodiversity
‘Wastelands’ No More: India Charts a Future for Its Grasslands
-
Climate
After Decades of Drought, Water Is Rising in the African Sahel
-
Cities
In Steel Country, the Fight for Clean Air Faces New Obstacles