Green Energy Solutions|Living a greener life
Dec
27
C. Hand asked:
Hoboken, NJ (June 2008)—Sure, you’d like to “go green” in your investments. If you could find some financially sound options, why not? As environmental issues have heated up and gained more and more press, you’ve embraced the concept of saving the planet. You’ve changed your light bulbs, strived to live the “reduce, reuse, and recycle” mantra, and even traded in your gas-guzzling SUV for a hybrid. (Well, at least you’ve considered it!) Problem is, you need to feel secure about your retirement years—and the concept of green investing just seems a little too, well, trendy for comfort.
Jim Mellon and Al Chalabi say such fears are unfounded. In fact, the opposite is true. As our planet’s dwindling resources become ever more scarce, and the need to find alternate energy sources becomes more pressing, green investing will start paying off in a big way. Getting in the right markets now can help you create a prosperous future—and in an age where traditional retirement avenues are failing, that’s no small feat.
“As baby boomers age and retire and modern medicine keeps us all alive longer, the pension plans set up by corporations and governments are becoming ever more strained,” says Mellon, coauthor along with Al Chalabi of the new book The Top 10 Investments for the Next 10 Years: BigIdeas, MoneyFountains and Your Path to Prosperity (Wiley, February 2008, ISBN: 978-1-84112-802-3, $29.95). “You simply can’t rely on those sources to keep you going when it’s time for you to retire. That’s why it is so important to be a savvy investor now. And going green with at least some of your investments is a sure moneymaker.”
The authors explain that, in investment terms, the biggest theme of all over the next ten years will be the broadly defined “green” movement. New methods of generating power, conservation measures, and changing fiscal regimes in relation to the use of power will create some of the biggest global investment opportunities.
“Significant amounts of capital in almost every part of the world are already being deployed to take advantage of these trends,” says Mellon. “New plants are being built to manufacture photovoltaic cells for solar power projects. Hydrogen fuel cells are being developed at a rapid rate to a point near commercialization. And nuclear power stations are being planned or built in quantity. In addition, wind farms now dot many landscapes. The whole ‘renewables and new energy’ industry is on the cusp of a breathtaking advance.”
Wondering how you can take advantage of these growing green opportunities? Here are just a few tips that could help you prosper:
Put your money in renewables. Most developed nations are racing to figure out how to make the move to green energy. From wind farms to tidal and wave projects; from waste-to-heat projects to more extensive nuclear generation; with, of course, solar power coming up on the rails—the race is on to transform the electrical energy generating landscape of the world.
“Perhaps the most visible of these initiatives occurs in the form of wind power,” says Mellon. “All across Europe, wind farms are sprouting like mushrooms. An industry once derided as a novelty is now a multi-billion euro/dollar sector all on its own. But beware: If you choose to invest in the wind farm sector, do your research first. This is a capital-intensive business, subject to a lot of government interference and scrutiny, and some sophisticated investors have already gotten there first and creamed off some of the good potential returns.”
Invest in these conservation companies. Companies involved in conservation, wind power, and nuclear power are likely to see significant growth in coming years, and that’s good news for the environment and their investors. One company worth looking into in those areas is Fuel Tech, a US company that is working to cut a substantial percentage of carbon emissions from fuel combustion units. Or check out Clean Air Power, which is a London-listed company working to get trucks to use natural gas. And, of course, there is nuclear. In this area investors might want to look at Niger Uranium, a London-listed company exploring for uranium in Africa.
“Like any realm of investing, it’s one thing to know the options are out there, and a completely different story knowing exactly which companies to look into,” says Mellon. “These are all great green options.”
G is for Green…and Germany. Germany is the world’s biggest consumer of PV cells—which are used to make solar panels—because of the favorable fiscal and monetary regime for solar power in that country. Today, the country accounts for half of all the solar PVs installed in the world. The reason that the German market is growing so fast is because of the so-called Feed-in-Tariff. This means that anyone connected to the grid (and that includes private homes) gets a guaranteed payment for putting green electricity into the grid of about four times the market rate—and that goes for solar PV, wind, or hydroelectricity.
“Germany has been so aggressive in promoting solar power that several world-beating companies have grown up to satisfy the local—and subsidized—domestic demand,” says Mellon. “Q-Cells is one example—the company started making PV cells in Germany in 2000 with 19 staff members. Today, it has over 1,500. It exports half of its product and is the world’s second largest maker of PV cells, after Sharp of Japan. And if you’re looking to invest, the company might be good place to start.”
Invest in the elements. Big money is in investing in the extractive industries, which mine the key components of solar panels. Gallium, indium, germanium, and other materials are vital to the PV story, and the companies that mine and extract these components are a great place to invest your money.
“Jellon Limited is doing it,” says Mellon. “Other promising options include: Recyclex, a French company producing gallium amongst other metals; New Jersey Mining Company, which produces gallium from mining operations in Idaho; Gold Canyon Resources, which has prospective gallium deposits in Nevada; Bluglass, an Australian producer of gallium; Dowa Mining, listed in Japan, it is the world’s largest producer of Gallium; and AXT INC, a NASDAQ-listed maker of satellite solar panels, mainly producing semiconductor substrates for electronic and optoelectronic uses.”
“Carbon” trading in the European Union shows promise. Countries that are part of the Kyoto Protocol have been forced to figure out how to limit their carbon emissions without damaging the economies in their countries. One way many European countries are doing this is through an Emissions Trading Scheme in which each country can emit one ton of carbon dioxide. The country then assigns permits to their biggest emitters allowing them certain amounts of emissions. Any company not needing its whole allocation is then free to sell the surplus in the ETS market where the buyers are typically companies that need more than their allocations.
“The idea is that, because there is value to these permits, companies will be encouraged to invest in green technologies, especially as the ‘cap’ on total allowable emissions gets progressively lower, making fewer of the permits available in future years,” says Mellon. “The ETS market is becoming a large and interesting one. Investors may wish to consider looking at funds that offer an entry to investing in such permits—one such is Climate Change Capital, listed on the London Stock Exchange.”
Learn more about camelina. Although most “bio fuels”—crop-based fuels—make very little ecological or financial sense, there is one crop that would be worth investors’ keeping an eye on. “This crop is ‘camelina,’ which is an interesting low-cost feedstock for biodiesel,” says Mellon. “It has high energy, is non-food (so that food production is being diverted into energy), uses marginal land that requires no irrigation, is sustainable, and has a very low cost per liter. There are no publicly available companies in this space as of yet, but if you’re interested, keep an eye out for some of them to pop up. Check out www.camelinacompany.com.”
A move away from landfills will be profitable. Another area of potential interest is waste-to-energy systems. Here, the problems from using landfill sites in many industrialized countries—including the space constraints and the by-production of dangerous methane gas—are opening the doors for a new industry to develop.
“The waste-to-energy industry is one that seeks to turn waste into energy by burning it, or by using the by-product methane gas, which results from disposal of any organic waste, to generate heat and electricity,” says Mellon. “Companies involved in the waste industry worldwide include UK companies Shanks and Biffa, both listed on the London Stock Exchange. These companies are already involved in landfill site management, waste collection, recycling, and disposal. Another is the Japanese company Daiseki, which is that country’s only nationwide industrial waste operator. Other promising opportunities are with Séché Environnement in France and Lasila Tikanoja of Finland, both involved in new recycling technologies.”
Energy-saving will help you save in more ways than one. Within the next few years, energy-saving gadgets could be commonplace in all households. Already people are switching to low-energy lightbulbs, and other products are sure to follow. “Imagine all the computers that are turned on in the world right now,” says Mellon. “How much energy would be saved globally if each new PC sold came with a fan or cooling device that was just 5 percent more efficient? The same goes for TVs, fridges, heaters, air conditioners, etc. With energy-savings, it’s a numbers game—historically, we haven’t bothered to fine-tune energy consumption of devices because energy supply has not been an issue. But now there are just so many devices in every household that it’s really adding to the problem. Look for more companies to pop up that will provide energy-saving solutions for the household appliances we use every day.”
Overwhelmed? Invest in an ETF. The sheer volume of opportunities in the green market can be overwhelming for any investor. Luckily, investors can take advantage of this market by investing in alternative energy in a more general sense through the Market Vectors Global Alternative Energy ETF, which trades in the US under the symbol GEX. The holdings of the fund range between 1 and 11 percent. Before the fund invests, companies must meet the following requirements: 1) Represent the 30 stocks in the Ardour Global IndexSM (composite) with the highest average trading volume and market capitalization, 2) Have a market cap exceeding $100 million, 3) Have a three-month trading price greater than $1.00, 4) Be involved in the business of the alternative energy industry (i.e., derive over 50 percent of total revenues from the industry).You can read more about this ETF by visiting www.vaneck.com.
“It is not for us to judge whether or not we may all be burnt to cinders by the sun in 30 years or so, unless these developments are successful,” says Mellon. “It is enough for us to say only that these green opportunities are a gold rush at its very earliest stages, and it’s a gold rush that every serious investor should consider.
“That said, investors should remember to always diversify their investments,” he continues. “The green realm is full of promise, but having too many eggs in one basket always carries risks. There are other great opportunities out there with real estate, commodities, and more. To ensure your investments have made the most for you over the next ten years, you’ll want to check those out as well.”
# # #
About the Book:
The Top 10 Investments for the Next 10 Years: BigIdeas, MoneyFountains and Your Path to Prosperity (Wiley, February 2008, ISBN: 978-1-84112-802-3, $29.95) is available at bookstores nationwide, from major online booksellers, and direct from the publisher by calling 800-225-5945. In Canada, call 800-567-4797.
Fernanda
Hoboken, NJ (June 2008)—Sure, you’d like to “go green” in your investments. If you could find some financially sound options, why not? As environmental issues have heated up and gained more and more press, you’ve embraced the concept of saving the planet. You’ve changed your light bulbs, strived to live the “reduce, reuse, and recycle” mantra, and even traded in your gas-guzzling SUV for a hybrid. (Well, at least you’ve considered it!) Problem is, you need to feel secure about your retirement years—and the concept of green investing just seems a little too, well, trendy for comfort.
Jim Mellon and Al Chalabi say such fears are unfounded. In fact, the opposite is true. As our planet’s dwindling resources become ever more scarce, and the need to find alternate energy sources becomes more pressing, green investing will start paying off in a big way. Getting in the right markets now can help you create a prosperous future—and in an age where traditional retirement avenues are failing, that’s no small feat.
“As baby boomers age and retire and modern medicine keeps us all alive longer, the pension plans set up by corporations and governments are becoming ever more strained,” says Mellon, coauthor along with Al Chalabi of the new book The Top 10 Investments for the Next 10 Years: BigIdeas, MoneyFountains and Your Path to Prosperity (Wiley, February 2008, ISBN: 978-1-84112-802-3, $29.95). “You simply can’t rely on those sources to keep you going when it’s time for you to retire. That’s why it is so important to be a savvy investor now. And going green with at least some of your investments is a sure moneymaker.”
The authors explain that, in investment terms, the biggest theme of all over the next ten years will be the broadly defined “green” movement. New methods of generating power, conservation measures, and changing fiscal regimes in relation to the use of power will create some of the biggest global investment opportunities.
“Significant amounts of capital in almost every part of the world are already being deployed to take advantage of these trends,” says Mellon. “New plants are being built to manufacture photovoltaic cells for solar power projects. Hydrogen fuel cells are being developed at a rapid rate to a point near commercialization. And nuclear power stations are being planned or built in quantity. In addition, wind farms now dot many landscapes. The whole ‘renewables and new energy’ industry is on the cusp of a breathtaking advance.”
Wondering how you can take advantage of these growing green opportunities? Here are just a few tips that could help you prosper:
Put your money in renewables. Most developed nations are racing to figure out how to make the move to green energy. From wind farms to tidal and wave projects; from waste-to-heat projects to more extensive nuclear generation; with, of course, solar power coming up on the rails—the race is on to transform the electrical energy generating landscape of the world.
“Perhaps the most visible of these initiatives occurs in the form of wind power,” says Mellon. “All across Europe, wind farms are sprouting like mushrooms. An industry once derided as a novelty is now a multi-billion euro/dollar sector all on its own. But beware: If you choose to invest in the wind farm sector, do your research first. This is a capital-intensive business, subject to a lot of government interference and scrutiny, and some sophisticated investors have already gotten there first and creamed off some of the good potential returns.”
Invest in these conservation companies. Companies involved in conservation, wind power, and nuclear power are likely to see significant growth in coming years, and that’s good news for the environment and their investors. One company worth looking into in those areas is Fuel Tech, a US company that is working to cut a substantial percentage of carbon emissions from fuel combustion units. Or check out Clean Air Power, which is a London-listed company working to get trucks to use natural gas. And, of course, there is nuclear. In this area investors might want to look at Niger Uranium, a London-listed company exploring for uranium in Africa.
“Like any realm of investing, it’s one thing to know the options are out there, and a completely different story knowing exactly which companies to look into,” says Mellon. “These are all great green options.”
G is for Green…and Germany. Germany is the world’s biggest consumer of PV cells—which are used to make solar panels—because of the favorable fiscal and monetary regime for solar power in that country. Today, the country accounts for half of all the solar PVs installed in the world. The reason that the German market is growing so fast is because of the so-called Feed-in-Tariff. This means that anyone connected to the grid (and that includes private homes) gets a guaranteed payment for putting green electricity into the grid of about four times the market rate—and that goes for solar PV, wind, or hydroelectricity.
“Germany has been so aggressive in promoting solar power that several world-beating companies have grown up to satisfy the local—and subsidized—domestic demand,” says Mellon. “Q-Cells is one example—the company started making PV cells in Germany in 2000 with 19 staff members. Today, it has over 1,500. It exports half of its product and is the world’s second largest maker of PV cells, after Sharp of Japan. And if you’re looking to invest, the company might be good place to start.”
Invest in the elements. Big money is in investing in the extractive industries, which mine the key components of solar panels. Gallium, indium, germanium, and other materials are vital to the PV story, and the companies that mine and extract these components are a great place to invest your money.
“Jellon Limited is doing it,” says Mellon. “Other promising options include: Recyclex, a French company producing gallium amongst other metals; New Jersey Mining Company, which produces gallium from mining operations in Idaho; Gold Canyon Resources, which has prospective gallium deposits in Nevada; Bluglass, an Australian producer of gallium; Dowa Mining, listed in Japan, it is the world’s largest producer of Gallium; and AXT INC, a NASDAQ-listed maker of satellite solar panels, mainly producing semiconductor substrates for electronic and optoelectronic uses.”
“Carbon” trading in the European Union shows promise. Countries that are part of the Kyoto Protocol have been forced to figure out how to limit their carbon emissions without damaging the economies in their countries. One way many European countries are doing this is through an Emissions Trading Scheme in which each country can emit one ton of carbon dioxide. The country then assigns permits to their biggest emitters allowing them certain amounts of emissions. Any company not needing its whole allocation is then free to sell the surplus in the ETS market where the buyers are typically companies that need more than their allocations.
“The idea is that, because there is value to these permits, companies will be encouraged to invest in green technologies, especially as the ‘cap’ on total allowable emissions gets progressively lower, making fewer of the permits available in future years,” says Mellon. “The ETS market is becoming a large and interesting one. Investors may wish to consider looking at funds that offer an entry to investing in such permits—one such is Climate Change Capital, listed on the London Stock Exchange.”
Learn more about camelina. Although most “bio fuels”—crop-based fuels—make very little ecological or financial sense, there is one crop that would be worth investors’ keeping an eye on. “This crop is ‘camelina,’ which is an interesting low-cost feedstock for biodiesel,” says Mellon. “It has high energy, is non-food (so that food production is being diverted into energy), uses marginal land that requires no irrigation, is sustainable, and has a very low cost per liter. There are no publicly available companies in this space as of yet, but if you’re interested, keep an eye out for some of them to pop up. Check out www.camelinacompany.com.”
A move away from landfills will be profitable. Another area of potential interest is waste-to-energy systems. Here, the problems from using landfill sites in many industrialized countries—including the space constraints and the by-production of dangerous methane gas—are opening the doors for a new industry to develop.
“The waste-to-energy industry is one that seeks to turn waste into energy by burning it, or by using the by-product methane gas, which results from disposal of any organic waste, to generate heat and electricity,” says Mellon. “Companies involved in the waste industry worldwide include UK companies Shanks and Biffa, both listed on the London Stock Exchange. These companies are already involved in landfill site management, waste collection, recycling, and disposal. Another is the Japanese company Daiseki, which is that country’s only nationwide industrial waste operator. Other promising opportunities are with Séché Environnement in France and Lasila Tikanoja of Finland, both involved in new recycling technologies.”
Energy-saving will help you save in more ways than one. Within the next few years, energy-saving gadgets could be commonplace in all households. Already people are switching to low-energy lightbulbs, and other products are sure to follow. “Imagine all the computers that are turned on in the world right now,” says Mellon. “How much energy would be saved globally if each new PC sold came with a fan or cooling device that was just 5 percent more efficient? The same goes for TVs, fridges, heaters, air conditioners, etc. With energy-savings, it’s a numbers game—historically, we haven’t bothered to fine-tune energy consumption of devices because energy supply has not been an issue. But now there are just so many devices in every household that it’s really adding to the problem. Look for more companies to pop up that will provide energy-saving solutions for the household appliances we use every day.”
Overwhelmed? Invest in an ETF. The sheer volume of opportunities in the green market can be overwhelming for any investor. Luckily, investors can take advantage of this market by investing in alternative energy in a more general sense through the Market Vectors Global Alternative Energy ETF, which trades in the US under the symbol GEX. The holdings of the fund range between 1 and 11 percent. Before the fund invests, companies must meet the following requirements: 1) Represent the 30 stocks in the Ardour Global IndexSM (composite) with the highest average trading volume and market capitalization, 2) Have a market cap exceeding $100 million, 3) Have a three-month trading price greater than $1.00, 4) Be involved in the business of the alternative energy industry (i.e., derive over 50 percent of total revenues from the industry).You can read more about this ETF by visiting www.vaneck.com.
“It is not for us to judge whether or not we may all be burnt to cinders by the sun in 30 years or so, unless these developments are successful,” says Mellon. “It is enough for us to say only that these green opportunities are a gold rush at its very earliest stages, and it’s a gold rush that every serious investor should consider.
“That said, investors should remember to always diversify their investments,” he continues. “The green realm is full of promise, but having too many eggs in one basket always carries risks. There are other great opportunities out there with real estate, commodities, and more. To ensure your investments have made the most for you over the next ten years, you’ll want to check those out as well.”
# # #
About the Book:
The Top 10 Investments for the Next 10 Years: BigIdeas, MoneyFountains and Your Path to Prosperity (Wiley, February 2008, ISBN: 978-1-84112-802-3, $29.95) is available at bookstores nationwide, from major online booksellers, and direct from the publisher by calling 800-225-5945. In Canada, call 800-567-4797.
Fernanda
Comments Off
Dec
26
Filed Under (Green) by
Chris Jensen asked:
Step one is to hire an energy auditor. We need to turn to the experts, to people who are best at it when we need something done. They could tell you about what is making you poorer by heating and cooling your home as well as other areas.
If you are not sure where they are located then just run a google search. Perhaps you might consider looking up the yellow pages otherwise. These guys have got some high-tech tools which include infrared cameras, pressurizing fans, moisture meters and smoke blowers (or pencils).
He might even get a brand new house fan fitted to the outside doorway. It creates pressure, holding out a smoke pencil could help you understanding where you are becoming poorer. He might want to use a moisture meter to figure out extra moist places of your house. High RH or Relative Humidity can make a home’s inhabitants feel uncomfortable and add to high energy costs.
Second step is to find effective solutions. I have got a problem. You have found a guy to investigate it. Now is the time to fix it. Mostly he is going to suggest solutions. Sometimes you might be able to fix it yourself or at times you might need those experts to do it for you. It may be as simple as caulking gaps on the exterior of the homes siding with a good silicone sealant and adding insulative foam electric outlet sealers to go behind your home’s electrical outlet switch plates with plug in outlet covers to reduce drafts and air loss.
Other more extensive energy saving features may aid in lowering fuel costs as well. Among these are adding attic insulation, Low E glass windows, high SEER HVAC system (13 or better), tankless water heater and Energy Star appliances.
Couple example cases, this place had absolutely no insulation in the walls, though it did have a little insulation at the attic. On pier and beam with hardwood floors, there was no insulation underneath the home as well. On acting on the experts suggestion, believe it or not, the gas and electricity bills dropped down. It’s a perfect way to check your energy efficiency.
This expert is going to help you determine how to modify your house into an energy effective place which conserves energy. She conducted another audit on this one model 2 story with zoned HVAC. There was one heater and an aircon unit at all levels. At this audit, she learned more about the way air flow works. Apparently if you leave the bedroom doors open, then the HVAC is going to work better. So if you get an expert, he is going to help you modify older homes in energy effective, even though they weren’t meant to be that way.
Veronica
Step one is to hire an energy auditor. We need to turn to the experts, to people who are best at it when we need something done. They could tell you about what is making you poorer by heating and cooling your home as well as other areas.
If you are not sure where they are located then just run a google search. Perhaps you might consider looking up the yellow pages otherwise. These guys have got some high-tech tools which include infrared cameras, pressurizing fans, moisture meters and smoke blowers (or pencils).
He might even get a brand new house fan fitted to the outside doorway. It creates pressure, holding out a smoke pencil could help you understanding where you are becoming poorer. He might want to use a moisture meter to figure out extra moist places of your house. High RH or Relative Humidity can make a home’s inhabitants feel uncomfortable and add to high energy costs.
Second step is to find effective solutions. I have got a problem. You have found a guy to investigate it. Now is the time to fix it. Mostly he is going to suggest solutions. Sometimes you might be able to fix it yourself or at times you might need those experts to do it for you. It may be as simple as caulking gaps on the exterior of the homes siding with a good silicone sealant and adding insulative foam electric outlet sealers to go behind your home’s electrical outlet switch plates with plug in outlet covers to reduce drafts and air loss.
Other more extensive energy saving features may aid in lowering fuel costs as well. Among these are adding attic insulation, Low E glass windows, high SEER HVAC system (13 or better), tankless water heater and Energy Star appliances.
Couple example cases, this place had absolutely no insulation in the walls, though it did have a little insulation at the attic. On pier and beam with hardwood floors, there was no insulation underneath the home as well. On acting on the experts suggestion, believe it or not, the gas and electricity bills dropped down. It’s a perfect way to check your energy efficiency.
This expert is going to help you determine how to modify your house into an energy effective place which conserves energy. She conducted another audit on this one model 2 story with zoned HVAC. There was one heater and an aircon unit at all levels. At this audit, she learned more about the way air flow works. Apparently if you leave the bedroom doors open, then the HVAC is going to work better. So if you get an expert, he is going to help you modify older homes in energy effective, even though they weren’t meant to be that way.
Veronica
Comments Off
Dec
20
Filed Under (Green) by
Madison Greene asked:
One of the biggest challenges the human race faces today is finding and using alternative energy sources. The push for means of generating electricity has been around for over 100 years, but when oil and coal-fired generators produced power inexpensively, the world put the search for alternative energy sources on the back burner for a number of years.
We cannot procrastinate any longer, however, as many of the earth’s natural resources, such as oil, are depleting.
A Short History Lesson on Alternative Energy Sources
The need for an alternate energy source was rekindled in the 1970’s with the oil shortage that created lines at gas stations and produced critical shortages throughout the United States. The search for alternate power generation is not limited to finding new ways of powering vehicles, as supplying cheap power for homes and industries is a continuous endeavor. There have been many advances in the search for alternative energy sources, but the price of the power produced still remains too high.
Wind, water and sun are touted as renewable energy resources with claims that once the technology is perfected, making it more cost effective, they can replace the need for oil and natural gas to turn turbines in the generation process. Even geothermal power production is one of the alternate energy sources being researched.
The Source Of The Energy Depends on The Location
For many people the switch to alternative energy sources is a matter of finding the type of alternative power that works the best in their particular geographical location. Persons who live in areas that have limited exposure to the sun for example, may not be too excited about using solar panels to supply power. When the sun goes down for an extended number of days, the town can go dark.
In some of those areas, wind is not a problem as it seems to blow nearly every day. Using wind power to turn turbines to generate electricity can work there, but may not work in other areas that experience less windy conditions. Another of the alternative energy sources, hydropower uses the power of rivers to turn generators, but the cost of the infrastructure to get power to the people from the generator may still be high for long range use.
With the three major alternative energy sources continuing to be researched and advanced, the need for an answer to out problem becomes more evident every time a person receives their electric bill, or fills their car with gas.
The resources that we have left on the planet are running out. Do your part to keep educated on the latest changes in technology and any up to date with the issues at hand to learn what you can do to help solve the energy crisis.
Kay
One of the biggest challenges the human race faces today is finding and using alternative energy sources. The push for means of generating electricity has been around for over 100 years, but when oil and coal-fired generators produced power inexpensively, the world put the search for alternative energy sources on the back burner for a number of years.
We cannot procrastinate any longer, however, as many of the earth’s natural resources, such as oil, are depleting.
A Short History Lesson on Alternative Energy Sources
The need for an alternate energy source was rekindled in the 1970’s with the oil shortage that created lines at gas stations and produced critical shortages throughout the United States. The search for alternate power generation is not limited to finding new ways of powering vehicles, as supplying cheap power for homes and industries is a continuous endeavor. There have been many advances in the search for alternative energy sources, but the price of the power produced still remains too high.
Wind, water and sun are touted as renewable energy resources with claims that once the technology is perfected, making it more cost effective, they can replace the need for oil and natural gas to turn turbines in the generation process. Even geothermal power production is one of the alternate energy sources being researched.
The Source Of The Energy Depends on The Location
For many people the switch to alternative energy sources is a matter of finding the type of alternative power that works the best in their particular geographical location. Persons who live in areas that have limited exposure to the sun for example, may not be too excited about using solar panels to supply power. When the sun goes down for an extended number of days, the town can go dark.
In some of those areas, wind is not a problem as it seems to blow nearly every day. Using wind power to turn turbines to generate electricity can work there, but may not work in other areas that experience less windy conditions. Another of the alternative energy sources, hydropower uses the power of rivers to turn generators, but the cost of the infrastructure to get power to the people from the generator may still be high for long range use.
With the three major alternative energy sources continuing to be researched and advanced, the need for an answer to out problem becomes more evident every time a person receives their electric bill, or fills their car with gas.
The resources that we have left on the planet are running out. Do your part to keep educated on the latest changes in technology and any up to date with the issues at hand to learn what you can do to help solve the energy crisis.
Kay
Comments Off
Dec
16
Filed Under (Green) by
Valeri Tkatchenko asked:
So many people are searching for pros and cons of solar energy every day, simply because the solar energy is the next best thing to self energy generation and green energy that you will gain for free at no cost to you once you make your own solar panel and enjoy the free energy! I placed a link in this article that will lead you to the place where i found solar panel diagram that i used to build my own solar panel and it works great and cost me under $300 to build myself!
To be honest pros and cons of solar energy is easy to work out! There are so many pros of solar energy that it will take a long time ti list, some of them of cource are: FREE energy, Renewable Energy,Reduction of Green House Gasses and reduction of the global warming effect, a potential to sell excess created energy to the power stations and so on! And there is really only one con and that is the cost to buy the solar panels from manufacturers which cost a fortune! These are the main pros and cons of solar energy and as you can see there are way more pros that there is cons(1). Now that you know what are the pros and cons of solar energy hopefully you can see that solar energy really is worth setting up in your home!
Now i will tell you how we can eluminate the only con there is in solar energy and that is the cost of solar panels and equipment required to set up solar power at home… Now you can make your own solar panel at home using the solar panel diagram that i used and eliminate the cost of setting up your own solar panels at home! You Can Find That Solar Panel Diagram Here!
Talking About The Pros And Cons Of solar energy really shows how efficient,cheap and enironmentally friendly solar energy is and how much money can be saved by making your own solar panel at home. Now once you know how to make your own solar panel with the solar panel diagram that i used you can easily make another solar panel, and make as many as you like doubling the energy you create each time and getting the ability to sell the energy you create back to the power stations and the government there fore making you money!
Start Building Your Own Solar Panels Cheap With The Diagrams And Guides Here!
Tomas
So many people are searching for pros and cons of solar energy every day, simply because the solar energy is the next best thing to self energy generation and green energy that you will gain for free at no cost to you once you make your own solar panel and enjoy the free energy! I placed a link in this article that will lead you to the place where i found solar panel diagram that i used to build my own solar panel and it works great and cost me under $300 to build myself!
To be honest pros and cons of solar energy is easy to work out! There are so many pros of solar energy that it will take a long time ti list, some of them of cource are: FREE energy, Renewable Energy,Reduction of Green House Gasses and reduction of the global warming effect, a potential to sell excess created energy to the power stations and so on! And there is really only one con and that is the cost to buy the solar panels from manufacturers which cost a fortune! These are the main pros and cons of solar energy and as you can see there are way more pros that there is cons(1). Now that you know what are the pros and cons of solar energy hopefully you can see that solar energy really is worth setting up in your home!
Now i will tell you how we can eluminate the only con there is in solar energy and that is the cost of solar panels and equipment required to set up solar power at home… Now you can make your own solar panel at home using the solar panel diagram that i used and eliminate the cost of setting up your own solar panels at home! You Can Find That Solar Panel Diagram Here!
Talking About The Pros And Cons Of solar energy really shows how efficient,cheap and enironmentally friendly solar energy is and how much money can be saved by making your own solar panel at home. Now once you know how to make your own solar panel with the solar panel diagram that i used you can easily make another solar panel, and make as many as you like doubling the energy you create each time and getting the ability to sell the energy you create back to the power stations and the government there fore making you money!
Start Building Your Own Solar Panels Cheap With The Diagrams And Guides Here!
Tomas
Comments Off
Dec
06
Filed Under (Green) by
Tiffany M asked:
It’s supposed to make you lose weight, but I want to know if it has worked on anybody else before I buy it.
Javier
It’s supposed to make you lose weight, but I want to know if it has worked on anybody else before I buy it.
Javier
Dec
02
Crushed Ice asked:
We actually have the technology, but the Military Industrial Complex, and Big Business have been shelving the alternatives for 6 decades or longer.
Rose
We actually have the technology, but the Military Industrial Complex, and Big Business have been shelving the alternatives for 6 decades or longer.
Rose
