The Most Profitable Energy Transition the world has ever seen!
It all boils down to Renewable Energy - the only form of energy that will exist beyond oil, coal, natural gas and nuclear.
It is infinite, free, and despite the avalanche of misinformation that is constantly spewed from naysayers and mainstream media - can actually generate enough power to satisfy all of our energy needs.
Take a look..
Solar - The U.S. Department of Energy (DOE) has indicated that enough electric power for the entire country could be generated by covering about 9% of Nevada with solar power systems.
This is a plot of land roughly 92 miles by 92 miles.
Wind - The DOE has also stated that wind could provide 5,800 quads of energy each year. That's about 15 times the current global energy demand.
Geothermal - According to M.I.T., there are over 100 million quads of accessible geothermal energy worldwide. The world only consumes about 400 quads.
Marine Energy - The Electric Power Research Institute has estimated the wave energy along the U.S. coastline at 2,100 Twh per year. That's half the total U.S. consumption of electricity.
Hybrids - According to the Institute for the Analysis of Global Security, if all cars on the road were hybrids, and half were Plug-In Hybrid Electric Vehicles by 2025 - U.S. imports would be reduced by 8 million barrels per day. That's about 80% of our daily consumption!
Hydrogen - Expect electric hybrids to be an ouverture to complete plug-in electric with hydrogen fuel cells for longer distances. Gm as well as several other companies worldwide are already testdriving in fleets and other avenues the commercial use of the fuel cell. Boeing has an aircraft on hydrogen. We are flying to the moon for that matter on hydrogen.
Of course, most of this information won't be found on any of the dozen or so cable news networks. You'd also be hard-pressed to read about this stuff in most newspapers or magazines.
But this is the information that renewable energy advocates have been using for nearly a decade to further the industry's progress.
However the biggest development might still be underway and it may very well change the tables completely. The development of, what is called the Smart Grid could fundamentally change our whole approach to energy generation.
What is the Smart Grid?
It basically comes down to overlaying the power delivery system with an information system that allows a utility and its consumers to constantly monitor and adjust electricity use.
Right now, the process of getting electricity to your house from the generation point is antediluvian. All you know is that the electricity is on. You're happy as long as ev erything works, the lights come on and the fridge hums..
The same holds true for the utility. In fact, they usually aren't aware of a power outage until they receive calls from their customers. Even then, they aren't able to pinpoint the source of an outage without sending out an entire crew.
It's primitive. But it's changing
Smart grids can also coordinate the production of power from large numbers of small power producers such as owners of rooftop solar panels — an arrangement that would otherwise prove problematic for power systems operators at local utilities.
It is especially in this department that the revolution is going to take place.
Utilities can integrate small producers into the grid with fewer problems and due to the forecasting ability of the information technology involved, stand to save billions in the long run because of more predictable load requirements.
Over the past 50 years, electricity networks have not kept pace with the modern challenges- such as:
security threats (either from energy suppliers or cyber attack) national goals to employ alternative power generation sources whose intermittent supply makes maintaining stable power significantly more complex conservation goals that seek to lessen peak demand surges during the day so that less energy is wasted in order to insure adequate reserves. high demand for an electricity supply that is uninterruptible. digitally controlled devices that can alter the nature of the electrical load and result in electricity demand that is incompatible with a power system that was built to serve an “analog economy.” For a simple example, timed Christmas lights can present significant surges in demand because they come on at near the same time (sundown or a set time). Without the kind of coordination that a smart grid can provide, the increased use of such devices lead to electric service reliability problems, power quality disturbances, blackouts, and brownouts.