(PRWEB) August 26, 2011
According to the Artemis Project, the San Francisco- based water consulting group, the natural gas opportunity in the Eastern US brings together a unique combination of drivers that will propel promising water tech innovation forward.
A new report from the Artemis Project,?The Marcellus Effect,? explains how the water tech companies emerging from the Marcellus Shale Gas operations will create a new era of water management that will go beyond natural gas drilling. It also represents a unique opportunity for investors.
?There is an urgent need for reliable water management solutions and this need has created a game-changing vacuum,? states Laura Shenkar, Principal at The Artemis Project. ?The situation in Marcellus has opened a window of opportunity where technology and innovation trump the positions held by established companies, allowing these emerging companies to gain access to end customers. ?
Forbes noted earlier this week that ?As U.S. shale gas resources and hydraulic fracturing, or fracking, have entered the national consciousness, protests from nearby residents, then regulation, have followed. Yet rather than being bad for business, this regulation is actually spurring a new market in water technologies.?
Ten of the 2011 Artemis Project Top 50 companies have significant activities in shale gas drilling. Although each of these companies is just beginning operations in Marcellus, their experiences provide a unique view of the overall market opportunity, as well as insights into the market for water technology in Marcellus that will emerge in the next 18 months.