Resources for Alternative Energy

There are many different forms in which alternative energy is available. One of these is solar power. Solar power is driven by photovoltaic cells, and these are progressively getting less expensive and more advanced. Solar energy power can be used for electricity, heating, and making hot water. Solar energy produces no pollution, as its input comes completely from the sun's rays. However, much more work still needs to be done in order for us to economically harness the sun's energy. For the time being, the resource is a little too conditional—storage batteries are needed to be used as backups in the evenings and on inclement days. Wind energy has become the most-invested-in (by private investors and governments together) alternative energy source for the time being. The great arrays of triple-bladed windmills are being placed all over as “wind farms”, to capture the motion of the wind and use its kinetic energy for conversion to mechanical or electrical energy. Of course, there is nothing new about the concept of a windmill for harnessing energy. Modern wind turbines are simply are more advanced variations on the old theme. Of course, the drawback to wind energy is...what do you do when there is a calm, still day? Needless to say, during these times the electric company kicks in for powering your home or office. Wind energy is not altogether independent. Hydroelectric energy is available as a source of alternative energy, and it can generate a substantial amount of power. Simply put, hydroelectric energy uses the motion of water—its flow in response to gravity, which means downhill—to turn turbines which then generate electrical energy. Needless to say, water is ubiquitous; finding sources for driving hydroelectric turbines is, therefore, not much of a problem. However, hydroelectricity as a source of alternative energy can be complicated and expensive to produce. Dams are often built in order to be able to control the flow of the water sufficiently to generate the needed power. Building a dam to store and control water's potential and kinetic energy takes quite a lot of work, and operating one is complex as well,and conservationists grow concerned that it. Of course, a dam is not always needed if one is not trying to supply the electrical needs of a city or other very densely populated area. There are small run-of-river hydroelectric converters which are goo d for supplying neighborhoods or an individual office or home. Probably the most underrated and under-appreciated form of alternative energy is geothermal energy, which is simply the naturally-occurring energy produced by the heating of artesian waters that are just below the earth's crust. This heat is transferred into the water from the earth's inner molten core. The water is drawn up by various different methods—there are “dry steam” power plants, “flash” power plants, and “binary” power plants for harnessing geothermal energy. The purpose of drawing up the hot water is for the gathering of the steam. The Geysers, approximately 100 miles north of San Francisco, is probably the best-known of all geothermal power fields; it's an example of a dry stream plant.

Developing Nuclear Power as Alternative Energy

Many researchers believe that harnessing the power of the atom in fission reactions is the most significant alternative energy resource that we have, for the fact of the immense power that it can generate. Nuclear power plants are very “clean-burning” and their efficiency is rather staggering. Nuclear power is generated at 80% efficiency, meaning that the energy produced by the fission reactions is almost equal to the energy put into producing the fission reactions in the first place. There is not a lot of waste material generated by nuclear fission—although, due to the fact that there is no such thing as creating energy without also creating some measure of waste, there is some. The concerns of people such as environmentalists with regards to using nuclear power as an alternative energy source center around this waste, which is radioactive gases which have to be contained. The radiation from these gases lasts for an extraordinarily long time, so it can never be released once contained and stored. However, the volume of this waste gas produced by the nuclear power plants is small in comparison to how much NOx (nitrous oxide—that is, air pollution) is caused by one day's worth of rush-hour traffic in Los Angeles. While the radiation is certainly the more deadly by far of the two waste materials, the radiation is also by far the easier of the two to contain and store. In spite of the concerns of the environmentalists, nuclear power is actually environmentally friendly alternative energy, and the risk of the contained radiation getting out is actually quite low. With a relatively low volume of waste material produced, it should not be a difficult thing at all for storage and disposal solutions for the long term to be developed as technology advances. The splitting of an atom releases energy in the forms of both heat and light. Atomic power plants control the fission reactions so that they don't result in the devastating explosions that are brought forth in atomic and hydrogen bombs. There is no chance of an atomic power plant exploding like a nuclear bomb, as the specialized conditions and the pure Plutonium used to unleash an atomic bomb's vicious force simply don't exist inside a nuclear power plant. The risk of a “meltdown” is very low. Although this latter event has happened a couple of times, when one considers that there are over 430 nuclear reactors spread out across 33 nations, and that nuclear reactors have been in use since the early 1950s, these are rare occurrences, and the events of that nature which have taken place were the fault of outdated materials which should have been properly kept up. Indeed, if nuclear energy could become a more widely accepted form of alternative energy, there would be little question of their upkeep being maintain ed. Currently, six states in America generate more than half of all their electrical energy needs through nuclear power, and the media are not filled with gruesome horror stories of the power plants constantly having problems.

What is Alternative Energy

There is a lot of energy that we can harness if we only seek to research and develop the technologies needed to do so. We can get away from the fossil fuels and the old electrical grids by turning to alternatives to these energy sources. One of these alternative energy resources is wind power. Wind turbines continue to be developed that are progressively more energy efficient and less costly. “Wind farms” have been springing up in many nations, and they have even become more strategically placed over time so that they are not jeopardizing birds as former wind turbines did. Another alternative energy resource is the one that is most well known: solar energy. This involves the manufacturing of solar cells which gather and focus the energy given off directly by the sun, and translate it into electricity or, in some cases, hot water. As with wind energy, solar energy creates absolutely zero pollution. Ocean wave energy is seen by governments and investors as having enormous energy generating potential. A generator in France has been in operation for many years now and is considered to be a great success, and the Irish and Scots are running experimental facilities. Hydroelectric power has been with us for a while and where it is set up, it is a powerful generator of electricity and cleaner than a grid. However, there are certain limitations to the availability of the right places to set up a large dam. Many run-of-the-river, or small and localized, hydroelectric generators have been set up in recent times due to this limitation. Geothermal energy is extremely abundant, since it lies directly beneath our feet, just a few miles below the earth's surface. This energy is produced by the heating of water through the actions of earth's fantastically hot molten core. The water turns to steam, which can be harnessed and used to drive turbine engines which in turn generate electricity. Great amounts of research and development should be put into geothermal energy tapping. Waste gas energies, which are essentially methane, reverse the usual energy-pollution relationship by creating energy from waste that lies in the dumps and from some air pollutants. This gas is used in fuel cells and can be used in standard gasoline generators. Ethanol is a gasoline substitute and is created from such things as wheat, sugarcane, grapes, strawberries, corn, and even wood chips and wood cellulose. There is controversy over this fuel with regards to its ever becoming truly economical or practical except in very localized areas, but technologies for its extraction and admixturing are continuously being refined. Biodiesel energy is created out of the oils contained in plants. So far, the commercial stores of biodiesel have been created using soybean, rapeseed, and sunflower oils. At the time of this writing, biodiesel is typically produced by entrepreneurial minded individuals or those who want to experiment with alternative energy, but commercial interest from companies is on the rise. It burns much cleaner than oil-based diesel. Atomic energy is created in atomic energy plants using the process of nuclear fission. This energy is extremely efficient and can generate huge amounts of power. There is concern from some people about what to do with the relatively small amount of waste product atomic energy gives off, since it is radioactive and takes hundreds of years to decay into harmlessness.

Wind Power as a Viable Solution to Meeting Alternative Energy Needs

Although it is much less expensive to initially get hooked into the local electric company's grid than it is to set up and hook into wind turbines, in the long run one saves money by utilizing the wind for one's energy needs—while also becoming more independent. Not receiving an electric bill while enjoying the advantages of the modern electrically-driven lifestyle is a wondrous feeling. Electric bills and fuel bills are rising steadily—but the cost of wind turbine energy is zero, and the cost of installing and hooking up a turbine is steadily coming down as demand rises and more commercial success is realized by various companies producing the turbines and researching technologies to make them ever more efficient. In addition, people are moving away from the traditional electric grids and the fossil fuels for personal reasons including desire for greater independence, the desire to live remotely or rurally without having to “go primitive”, political concerns such as fears of terrorist strikes on oil fields or power grids, or concerns about the environment. Again, this motivation to get away from the traditional energy sources is the same one that causes people to seek the power of the wind for their energy, giving more business opportunities to profit from wind turbine production and maintenance, which drives their costs down for the consumers. In nearly thirty states at the time of this wri ting, homeowners who remain on the grid but who still choose to use wind energy (or other alternative forms) are eligible for rebates or tax breaks from the state governments that end up paying for as much as 50% of their total “green” energy systems' costs. In addition, there are 35 states at the time of this writing where these homeowners are allowed to sell their excess energy back to the power company under what are called “net metering laws”. The rates that they are being paid by the local power companies for this energy are standard retail rates—in other words, the homeowners are actually profiting from their own energy production. Some federal lawmakers are pushing to get the federal government to mandate these tax breaks and other wind power incentives in all 50 states. Japan and Germany already have national incentive programs in place. However, “A lot of this is handled regionally by state law. There wouldn't really be a role for the federal government,” the Energy Department's Craig Stevens says. And as might be imagined, there are power companies who feel that it's unfair that they should have to pay retail rates to private individuals. “We should [only have to] pay you the wholesale rate for ... your electricity,” according to Bruce Bowen, Pacific Gas & Electric's director of regulatory policy. However, the companies seem to be more worried about losing short term profits than about the benefits, especially in the long run, of the increased use of wind turbines or wind farms. Head of the Center for Energy Efficiency and Renewable Technologies of California V. John White points out, “It's quality power that strengthens the grid.”

Government Grants for Alternative Energy

In his State of the Union Address for 2007, President George W. Bush called for a 22% increase in federal grants for research and development of alternative energy. However, in a speech he gave soon after, he said to those assembled, I recognize that there has been some interesting mixed signals when it comes to funding. Where the mixed signals were coming from concerned the fact that at the same time the President was calling on more government backing for alternative energy research and development, the NREL—the National Renewable Energy Laboratory of Golden, Colardo—was laying off workers and contractors left and right. Apparently, the Laboratory got the hint, because soon after the State of the Union Address, everyone was re-hired. The second speech of the President's was actually given at the NREL. There is almost unanimous public support for the federal backing through research grants, tax breaks, and other financial incentives of research and development of alternative energy sources. The NREL is the nation's leading component of the National Bioenergy Center, a “virtual” center that has no central bricks and mortar office. The NREL's raison d'etre is the advancing of the US Department of Energy's and the United States' alternative energy objectives. The laboratory's field researchers and staff scientists, in the words of Laboratory Director Dan Arvizu, “support critical market objectives to accelerate research from scientific innovations to market-viable alternative energy solutions. At the core of this strategic direction are NREL's research and technology development areas. These areas span from understanding renewable resources for energy, to the conversion of these resources to renewable electricity and fuels, and ultimately to the use of renewable electricity and fuels in homes, commercial buildings, and vehicles.” The federally-backed Laboratory directly helps along the United States' objectives for discovering renewable alternative fuels for powering our economy and our lifestyles. The NREL is set up to have several areas of expertise in alternative energy research and development. It spearheads research and development efforts into renewable sources of electricity; these would include such things as solar power, wind power, biomass power, and geothermal power. It also spearheads research and development of renewable fuels for powering our vehicles such as biomass and biodiesel fuels and hydrogen fuel cells. Then, it seeks to develop plans for integrated system enginnering; this includes bringing alternative energy into play within buildings, electrical grids and delivery systems, and transportation infrastructures. The Laboratory is also set up for strategic development and analysis of alternative energy objectives through the forces of economics, market analysis and planning, and alternative energy investment portfolios structurings. The NREL is additionally equipped with a Technology Transfer Office. This Office supports laboratory scientists and engineers in the practical application of and ability to make a living from their expertise and the technologies they develop. NREL's research and development staff and its facilities are recognized for their remarkable prowess by private industry, which is reflected in the hundreds of collaborative projects and licensed technologies that the Laboratory now has with both public and private partners.

The Ways that the Military is Using Alternative Energy

The US military knows that its branches must revamp their thinking about how to engage in “the theater of war” in the new, post-Cold War world of the 21st century. One thing that the military leaders stress is the desire for the forces deployed in the theater to be able to be more energy-independent. Currently the US military has policies and procedures in place to interact with allies or sympathetic local populaces to help its forces in the field get their needed energy and clean water when engaged in a foreign military campaign. However, this is not wholly reliable, as the US might well find itself facing unilateral military activities, or have itself in a situation where its allies cannot help it with the resources it needs to conduct its military actions successfully. The US military is very interested in certain alternative energies that, with the right research and development technologically, can make it energy independent, or at least a great deal more so, on the battlefield. One of the things that greatly interests the military along these lines is the development of small nuclear reactors, which could be portable, for producing theater-local electricity. The military is impressed with how clean-burning nuclear reactors are and how energy efficient they are. Making them portable for the typical warfare of today's highly mobile, small-scaled military operations is something they are researching. The most prominent thing that the US military thinks these small nuclear reactors would be useful for involves the removal of hydrogen (for fuel cell) from seawater. It also thinks that converting seawater to hydrogen fuel in this way would have less negative impact on the environment than its current practices of remaining supplied out in the field. Seawater is, in fact, the military's highest interest when it comes to the matter of alternative energy supply. Seawater can be endlessly “mined” for hydrogen, which in turn powers advanced fuel cells. Using OTEC, seawater can also be endlessly converted into desalinated, potable water. Potable water and hydrogen for power are two of the things that a near-future deployed military force will need most of all. In the cores of nuclear reactors—which as stated above are devices highly interesting, in portable form, to the US military—we encounter temperatures greater than 1000 degrees Celsius. When this level of temperature is mixed with a thermo-chemical water-splitting procedure, we have on our hands the most efficient means of breaking down water into its component parts, which are molecular hydrogen and oxygen. The minerals and salts that are contained in seawater would have to be extracted via a desalination process in order to make the way clear for the water-splitting process. These could then be utilized, such as in vitamins or in salt shakers, or simply sent back to the ocean (recycling). Using the power of nuclear reactors to extract this hydrogen from the sea, in order to then input that into fuel cells to power advanced airplanes, tanks, ground vehicles, and the like, is clearly high on the R & D priority list of the military.

Renewable Fuels for Alternative Energy

The Germans have really taken off when it comes to renewable fuel sources, and have become one of the major players in the alternative energy game. Under the aegis of the nation's electricity feed laws, the German people set a world record in 2006 by investing over $10 billion (US) in research, development, and implementation of wind turbines, biogas power plants, and solar collection cells. Germany's “feed laws” permit the German homeowners to connect to an electrical grid through some source of renewable energy and then sell back to the power company any excess energy produced at retail prices. This economic incentive has catapulted Germany into the number-one position among all nations with regards to the number of operational solar arrays, biogas plants, and wind turbines. The 50-terawatt hours of electricity produced by these renewable energy sources account for 10% of all of Germany's energy production per year. In 2006 alone, Germany installed 100,000 solar energy collection systems. Over in the US, the BP corporation has established an Energy Biosciences Institute (EBI) to spearhead extensive new research and development efforts into clean burning renewable energy sources, most prominently biofuels for ground vehicles. BP's investment comes to $50 million (US) per year over the course of the next decade. This EBI will be physically located at the University of Illinois Urbana-Champaign. The University is in partnership with BP, and it will be responsible for research and development of new biofuel crops, biofuel-delivering agricultural systems, and machines to produce renewable fuels in liquid form for automobile consumption. The University will especially spearhead efforts in the field of genetic engineering with regard to creating the more advanced biofuel crops. The EBI will additionally have as a major focal point technological innovations for converting heavy hydrocarbons into pollution-free and highly efficient fuels. Also in the US, the battle rages on between Congress and the Geothermal Energy Association (GEA). The GEA's Executive Director Karl Gawell has recently written to the Congress and the Department of Energy, the only way to ensure that DOE and OMB do not simply revert to their irrational insistence on terminating the geothermal research program is to schedule a congressional hearing specifically on geothermal energy, its potential, and the role of federal research. Furthermore, Gawell goes on to say that recent studies by the National Research Council, the Western Governors' Association Clean Energy Task Force and the Massachusetts Institute of Technology all support expanding geothermal research funding to develop the technology necessary to utilize this vast, untapped domestic renewable energy resource. Supporters of geothermal energy, such as this writer, are amazed at the minuscule amount of awareness that the public has about the huge benefits that research and development of the renewable alternative ener gy source would provide the US, both practically and economically. Geothermal energy is already less expensive to produce in terms of kilowatt-hours than the coal that the US keeps mining. Geothermal energy is readily available, sitting just a few miles below our feet and easily accessible through drilling. One company, Ormat, which is the third largest geothermal energy producer in the US and has plants in several different nations, is already a billion-dollar-per-year business—geothermal energy is certainly economically viable.

Geothermal Power as Alternative Energy

We should be doing everything possible to develop geothermal energy technologies. This is a largely untapped area of tremendous alternative energy potential, as it simply taps the energy being naturally produced by the Earth herself. Vast amounts of power are present below the surface crust on which we move and have our being. All we need do is tap into it and harness it. At the Earths' core, the temperature is 60 times greater than that of water being boiled. The tremendous heat creates pressures that exert themselves only a couple of miles below us, and these pressures contain huge amounts of energy. Superheated fluids in the form of magma, which we see the power and energy of whenever there is a volcanic eruption, await our tapping. These fluids also trickle to the surface as steam and emerge from vents. We can create our own vents, and we can create out own containment chambers for the magma and convert all of this energy into electricity to light and heat our homes. In the creation of a geothermal power plant, a well would be dug where there is a good source of magma or heated fluid. Piping would be fitted down into the source, and the fluids forced to the surface to produce the needed steam. The steam would turn a turbine engine, which would generate the electricity. There are criticisms of geothermal energy tapping which prevent its being implemented on the large scale which it should be. Critics say that study and research to find a resourceful area is too costly and takes up too much time. Then there is more great expense needed to build a geothermal power plant, and there is no promise of the plant turning a profit. Some geothermal sites, once tapped, might be found to not produce a large enough amount of steam for the power plant to be viable or reliable. And we hear from the environmentalists who worry that bringing up magma can bring up potentially harmful materials along with it. However, the great benefits of geothermal energy would subsume these criticisms if only we would explore it more. The fact that geothermal energy is merely the energy of the Earth herself means it does not produce any pollutants. Geothermal energy is extremely efficient—the efforts needed to channel it are minimal after a site is found and a plant is set up. Geothermal plants, furthermore, do not need to be as large as electrical plants, giant dams, or atomic energy facilities—the environment would thus be less disrupted. And, needless to say, it is an alternative form of energy—using it would mean we become that much less dependent on oil and coal. Perhaps most importantly of all—we are never, ever going to run out of geothermal energy, and it is not a commodity that would continuously become more expensive in terms of real dollars as time passes, since it is ubiquitous. Geothermal energy would be, in the end, very cheap, after investigation and power plant building costs are recouped.

Some Suppliers of Alternative Energy

Amelot Holdings is a company which presently specializes in the development of biodiesel and ethanol plants throughout the US. Amelot's objective is to establish relationships between various suppliers of alternative energy who are biodiesel and ethanol researchers or producers to further their ends with long-term profitability and growth in mind. Amelot furthers the cause of these alternative energy suppliers through the formulation of joint ventures, mergers, and construction contracts. Environmental Power is an alternative energy supplier that has two subsidiary companies. One of these is Microgy, which is Environmental Power's research and development arm. Microgy is a developer of biogas facilities for the cost-effective and environmentally clean production of renewable energy derived from food and agricultural waste products. These biogas fuels can be used in a number of different applications. They can be used in combustion chamber engines, used directly to make fossil fuel reliance less of a need, or cleaned up to meet natural gas standards and then piped to offices or homes for heating. Environmental Power's other subsidiary is Buzzard Power. Buzzard has an 83 megawatt power facility which generates green energy from mined coal waste. Environmental Power says of itself, we have a long and successful history of developing clean energy facilities. Since 1982 we have developed, owned and operated hydroelectric plants, municipal waste projects, coal-fired generating facilities and clean g as generation and energy recovery facilities. We are proud to have a management team and board of directors comprised of leaders from both the public and private sectors, including the energy, agriculture and finance industries. Intrepid Technology and Resources, Inc, is a company that processes waste into natural gas as an alternative source of energy. The company's vision centers on the fact that the US produces two billion tons of animal waste every year, while at once the US' supply of natural gas is dwindling. ITR builds “organic waste digesters” local to sites of organic waste. These facilities produce, clean, and distribute the methane gas from the organic waste; methane gas is a viable alternative to natural gas. ITR is presently operating in Idaho with plans for national expansion. Nathaniel Energy is a company with the objective of protecting the environment and minimizing total cost of business ownership. The Nathaniel Energy Total Value Preservation System (TVPS) gives companies unique benefits through Nathaniel's recognition of the alternative energy potential of materials that are usually seen as nothing more than waste or pollutants. Nathaniel Energy's technology allows it to extract and transform into alternative energy virtually all of the potential energy locked in waste materials. All of this is produced at almost no additional cost beyond what a company would have had to spend in order to install pollution control and prevention systems. Nathaniel Energy's innovative TVPS recovers valuable resources which other processes fail to. Throughout the entire process, the maximum amount of valuable material is recovered for reuse, which results in lowered costs and environmental protection. Usual pollution cleanup and control processes treat these materials as mere contaminants tha t are either destroyed or discarded. The TVPS therefore decreases the total cost of business ownership through the provision of an additional stream of income.

Solar Energy Collecting as an Alternative Energy Source

Photovoltaic cells—those black squares an array of which comprises a solar panel—are getting more efficient, and gradually less expensive, all the time, thanks to ever-better designs which all them to focus the gathered sunlight on a more and more concentrated point. The size of the cells is decreasing as their efficiency rises, meaning that each cell becomes cheaper to produce and at once more productive. As far as the aforementioned cost, the price of producing solar-generated energy per watt hour has come down to $4.00 at the time of this writing. Just 17 years ago, it was nearly double that cost. Solar powered electricity generation is certainly good for the environment, as this alternative form of producing energy gives off absolutely zero emissions into the atmosphere and is merely utilizing one of the most naturally occurring of all things as its driver. Solar collection cells are becoming slowly but surely ever more practical for placing upon the rooftops of people's homes, and they are not a difficult system to use for heating one's home, creating hot water, or producing electricity. In the case of using the photovoltaic cells for hot water generation, the system works by having the water encased in the cells, where it is heated and then sent through your pipes. Photovoltaic cells are becoming increasingly better at collecting sufficient radiation from the sun even on overcast or stormy days. One company in particular, Uni-Solar, has developed solar collection arrays for the home that work well on inclement days, by way of a technologically more advanced system that stores more energy at one time during sunlit days than previous or other arrays. There is actually another solar power system available for use called the PV System. The PV System is connected to the nearest electrical grid; whenever there is an excess of solar energy being collected at a particular home, it is transferred to the grid for shared use and as a means of lowering the grid's dependence on the hydroelectrically-driven electricity production. Being connected to the PV System can keep your costs down as compared to full-fledged solar energy, while at once reducing pollution and taking pressure off the grid system. Some areas are designing centralized solar collection arrays for small towns or suburban communities. Some big-name corporations have made it clear that they are also getting into the act of using solar power (a further indication that solar generated energy is becoming an economically viable alternative energy source). Google is putting in a 1.6 megawatt solar power generation plant on the roof of its corporate headquarters, while Wal Mart wants to put in an enormous 100 megawatt system of its own. Nations such as Japan, Germany, the United States, and Switzerland have been furthering the cause of solar energy production by providing government subsidies or by giving tax breaks to companies and individuals who agree to utilize solar power for generating their heat or electrical power. As technology advances and a greater storage of solar collection materials is made available, more and more private investors will see the value of investing in this “green” technology and further its implementation much more.

Alternative Energy for the Home

The trend toward homes that are powered by alternative energy sources, ranging from wind turbines and solar collection cells to hydrogen fuel cells and biomass gases, is one that needs to continue into the 21st century and beyond. We have great need of becoming more energy independent, and not having to rely on the supplying of fossil fuels from unstable nations who are often hostile to us and our interests. But even beyond this factor, we as individuals need to get “off the grid” and also stop having to be so reliant on government-lobbying giant oil corporations who, while they are not really involved in any covert conspiracy, nevertheless have a stranglehold on people when it comes to heating their homes (and if not through oil, then heat usually supplied by grid-driven electricity, another stranglehold). As Remi Wilkinson, Senior Analyst with Carbon Free, puts it, inevitably, the growth of distributed generation will lead to the restructuring of the retail electricity market and the generation, transmission and distribution infrastructure. The power providers may have to diversify their business to make up for revenues lost through household energy microgeneration. She is referring to the conclusions by a group of UK analysts, herself included among them, who call themselves Carbon Free. Carbon Free has been studying the ever-growing trend toward alternative energy-using homes in England and the West. This trend is being driven by ever-more government recommendation and sometimes backing of alternative energy research and development, the rising cost of oil and other fossil fuels, concern about environmental degradation, and desires to be energy independent. Carbon Free concludes that, assuming traditional energy prices remain at their current level or rise, microgeneration (meeting all of one's home's energy needs by installing alternative energy technology such as solar panels or wind turbines) will become to home energy supply what the Internet became to home communications and data gathering, and eventually this will have deep effects on the businesses of the existing energy supply companies. Carbon Free's analyses also show that energy companies themselves have jumped in on the game and seek to leverage microgeneration to their own advantage for opening up new markets for themselves. Carbon Free cites the example of electricity companies (in the UK) reporting that they are seriously researching and developing ideas for new geothermal energy facilities, as these companies see geothermal energy production as a highly profitable wave of the future. Another conclusion of Carbon Free is that solar energy hot water heating technology is an efficient technology for reducing home water heating costs in the long run, although it is initially quite expensive to install. However, solar power is not yet cost-effective for corporations, as they require too much in the way of specialized plumbing to implement solar energy hot water heating. Lastly, Carbon Free tells us that installing wind turbines is an efficient way of reducing home electricity costs, while also being more independent. However, again this is initially a very expensive thing to have installed, and companies would do well to begin slashing their prices on these devices or they could find themselves losing market share.

Alternative Energy Development in Japan

Japan is a densely populated country, and that makes the Japanese market more difficult compared with other markets. If we utilize the possibilities of near-shore installations or even offshore installations in the future, that will give us the possibility of continued use of wind energy. If we go offshore, it's more expensive because the construction of foundations is expensive. But often the wind is stronger offshore, and that can offset the higher costs. We're getting more and more competitive with our equipment. The price—if you measure it per kilowatt-hour produced—is going lower, due to the fact that turbines are getting more efficient. So we're creating increased interest in wind energy. If you compare it to other renewable energy sources, wind is by far the most competitive today. If we're able to utilize sites close to the sea or at sea with good wind machines, then the price per kilowatt-hour is competitive against other sources of energy, go the words of Svend Sigaard, who happens to be president a nd CEO of the world's largest wind turbine maker, Vestas wind systems out of Denmark. Vestas is heavily involved in investments of capital into helping Japan expand its wind turbine power generating capacity. It is seeking to get offshore installations put into place in a nation that it says is ready for the fruits of investment into alternative energy research and development. The Japanese know that they cannot become subservient to the energy supply dictates of foreign nations—World War II taught them that, as the US decimated their oil supply lines and crippled their military machine. They need to produce energy of their own, and they being an isolated island nation with few natural resources that are conducive to energy production as it is defined now are very open to foreign investment and foreign development as well as the prospect of technological innovation that can make them independent. Allowing corporations such as Vestas to get the nation running on more wind-produced energy is a step in the right direction for the Japanese people. The production of energy through what is known as microhydoelectric power plants has also been catching on in Japan. Japan has a myriad rivers and mountain streams, and these are ideally suited places for the putting up of microhydroelectric power plants, which are defined by the New Energy and Industrial Technology Development Organization as power plants run by water which have a maximum output of 100 kilowatts or less. By comparison, “minihydroelectric” power plants can put out up to 1000 kilowatts of electrical energy. In Japan, the small-scaled mini- and micro-hydroelectric power plants have been regarded for a considerable time as being suitable for creating electricity in mountainous regions, but they have through refinement come to be regarded as excellent for Japanese cities as well. Kawasaki City Waterworks, Japan Natural Energy Company, and Tokyo Electric Power Company have all been involved in the development of small-scale hydroelectric power plants within Japanese cities.

University Research into Alternative Energy

Decades of tree and biomass research jointly conducted by Florida Statue University and Shell Energy have resulted in the planting of the largest single “Energy Crop Plantation” in the entire United States. This Plantation spans approximately 130 acres and is home to over 250,000 planted trees including cottonwoods (native to the area) and eucalyptus (which are non-invasive) along with various row crops such as soybeans. This organization of “super trees” was brought into being as a result of the University's joint research with other agencies including Shell, the US Department of Energy, the Common Purpose Institute, and groups of various individuals who are working to develop alternative energy sources (those not dependent on fossil fuels) for the future. This research is focused on the planting and processing of biomass energy supplies from fast-growing crops known as “closed loop biomass” or simply “energy crops”. The project seeks to develop “power plants” such as wood-pulp or wood-fiber providing plant s; clean biogas to be used by industries; plants such as surgarcane which can be used for ethanol development; and crops such as soybeans for biodiesel fuel production. University involvement in alternative energy research is also going on at Penn State University. At Penn State, special research is focused on the development of hydrogen power as a practical alternative energy source. The researchers involved are convinced that mankind is moving toward a hydrogen-fueled economy due to the needs for us to reduce air pollution and find other sources of energy besides petroleum to power up the United States. Hydrogen energy burns clean and can be endlessly renewed, as it can be drawn from water and crop plants. Hydrogen power would thus be a sustainable energy resource to be found within the US' own infrastructure while the world's supply of (affordable) oil peaks and begins to decline. The University seeks to help with the commercial development of hydrogen powered fuel cells, which would be usable in place of or in tandem with combustion engines for all of our motor vehicles. When President Bush recently announced his alternative energy initiative, he determined that the government would develop five “Sun Grant” centers for concentrated research. Oregon State University has the honor of having been selected as one of these centers, and has been allocated government grants of $20 million for each of the next four years in order to carry out its mission. OSU will lead the way in researching alternative energy as it represents the interests of the Pacific Islands, the US' Pacific Territories, and nine western states. OSU President Edward Ray says, the research being conducted through OSU’s Sun Grant center will contribute directly to our meeting President Bush’s challenge for energy independence. Specific research into alternative energy being conducted at OSU by varios teams of scientists right now include a project to figure out how to efficiently convert such products as straw into a source of renewable biomass fuel, and another one aimed at studying how to efficiently convert woo d fibers into liquid fuel.

Investing in Alternative Energy Stocks

Alternative energy stock portfolios are a great part of a modern investor's financial plan, due to the fac that there is so much upward potential. These make excellent long term growth investment vehicles, and the money put into them by you, the investor, serves to further the cause of implementing the alternative energy power sources that we need as we sail into the 21st century and beyond. Analysts predict that by 2013, the alternative energy industry will be a $13 billion dollar industry in today's dollars. This figure bespeaks an enormous return on investment. Indeed, if you were to invest in a start-up alternative energy company, you might find yourself having invested in the next Microsoft in terms of return on investment. People are fed up with the rising costs of gasoline—while this alone is not sufficient understanding of the need for developing alternative energy sources, it is a factor which can act as a market maker—meaning for you that investments in alternative energy companies makes a lot of financial sense. However, this does not mean that you don't first want to do some careful research into alternative energy stocks, perhaps with the help of a financial planner. “A few alternative-energy companies are going after the right markets but that doesn't mean you should go buy every name in the sector. Investors need to be cautious about chasing the stocks,” says Sanjay Shrestha, who is an analyst at First Albany Capital. And if you are an investor, then you know that the problem in this sector is that nearly every single one of the major players in the alternative energy for profit game are start-ups or in the very early stages of growth. This means for you that they have relatively minuscule (even if rapidly growing) sales, and no expected profitability in the near term or history of earnings for you to be able to research. This can lead to some bubbling, as with what happened to the dot-com industry at the turn of the 21st century. Bubbling in the stock market is not a good thing for investors. Ananlysts and financial planners can play a crucial role in helping you get it right with alternative energy investing. “We don't play around in the tiny cap stocks that have technology and not much revenue—the 'hope' stocks. We invest in companies with clear cash-generation plans in place,” are the words of Ben walker, who is a senior portfolio manager at the Gartmore Global Utilities fund out of London. Still, the outlook is very positive overall—and healthy. “It is good to see that the number of renewable energy funds and the amount of money flowing into these funds is increasing,” according to chief executive of UK alternative elecricity supplier Good Energy Juliet Davenport. “The renewable generation market is at an important stage in its development; it needs the continued support of the consumer, investor and government to ensure that it reaches its potential and really starts to make a difference to climate change.”