Renewable Energy Funds

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Using Renewable Fuels As An Energy Source

Author: Jimmy Spier

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 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 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 energy 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.

Article Source: http://www.articlesbase.com/technology-articles/using-renewable-fuels-as-an-energy-source--811609.html

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11 Responses to Renewable Energy Funds

  1. Anonymous says:

    Yes, we need to make a significant investment in alternatives to fossil fuels.

  2. Anonymous says:

    Don’t expect real, rational reasons, because these guys believe that anything, absolutely anything that Obama suggests must be attacked.
    Next they’ll claim the Earth is flat, just because Obama says it’s round.

  3. Anonymous says:

    Tell us all some more about your plan, your expertise (Academic and practical), details as to what, why and extent of help you seek.

    Then people can look at what they may be able to do to help you.

    BTW already have investments within the energy industry including alternate and renewable.

  4. Anonymous says:

    Kudos to you! Some states offer an incentive incentive programs for home owners who generate solar energy and contribute to the power grid. For example, in Massachusetts, the state has a program that pays for 50% of the up-front costs of installing a solar power system. Programs vary from state to state.

    Furthermore, if you plan to invest in renewable energy, consider staying connected to the power grid and participate in a program known as “net-metering.” Some solar power home owners who currently have solar power contribute their excess power back to the power grid.

    In return, they get a price break in their electric bill. Also the excess solar power helps reduce the dependency on fossil fuel and nonrenewable energy in the large scale.

  5. Anonymous says:

    There are several energy companies in America that are starting to invest in wind power (I can’t remember their names, though). If you do a Google search, I’m sure you’ll be able to find news reports about them.

    Any company investing in wind power in the US should do really well because, according to the weather experts, this country has the largest concentration of ideal locations for wind power generators than anywhere else in the world.

  6. greenybeany422 says:

    Does any one know of any government funding for renewable energy systems?
    we live in the country and are looking to live “off the grid”. We are looking into a turbine in conjunction with a solar system, but the outright cost are VERY high!

  7. robert b says:

    Should we invest in renewable energy and alternative fuels?
    Lawmakers only focus on these high gas prices. I think they should look into investing funds into renewable energy and alternative fuels.

    This is the only way we can successfully become energy independent. And these fossil burning fuels are ruining the environment.

    For example they could put _______ billion dollars into automobile companies so they could lower the cost of hybrid cars, and _____ billion in the production of these vehicles.

  8. muon says:

    Are there anybody interested in investing fund to build a renewable energy shop in Yogjakarta, Indonesia?
    As an engineer in the energy field, I dedicate my expertise to promote and develop the renewable energy application in Indonesia. Please work together with me to save our earth for a better future.

  9. Face F says:

    What are some good “Energy” mutal funds to invest in?
    I want to invest in some company that are into “renewable energy”

  10. mr_cj_jr says:

    Repubs, why is Obama’s idea to invest stimulus funds in renewable energy a bad thing?
    http://news.yahoo.com/s/ap/20090116/ap_on_go_pr_wh/obama_economy

    Sounds like a better idea than giving the banks the money (like we did with the 1st half). All they did was hold onto the money and keep it within their OWN circle not into the economy.

    Obama’s idea is inline with job creation and alternative energy sources.

    So, Obama haters, why is this such a bad idea again?

    Thoughts?

  11. Tuesday, December 28, 2010,
    Dear Sirs,

    I propose the scheme “Anatoliy Aleksenko’s Mechanism for energy turn-over” the AUTONOMOUS engine of the FUTURE which is able to create the efficiency of more than 1(ONE) and to have almost perpetual motor life.
    It doesn’t need COOLING SYSTEM, it doesn’t use the FUEL but some lubricant, it doesn’t ATMOSPHERE and in the OPEN SPASE. It is reversible, can work without transmission. need any FILTERS and it is able to work “openly” underground, underwater, in GASEOUS
    It’s a COLD MECHANISM which doesn’t need heating and then COOLING. Neither heat of deserts nor the Antarctic cold can hinder it’s work.
    It’s production is not expensive, it is simple in operation. Any transportation (AUTO, AIR, SHIP’S, RAILWAY and other) will become profitable with this mechanism. It can not only compete with electric stations, atomic included but to give them odds. Neither the earthquakes nor other natural calamities frighten it. This is IDEAL for (ELECTRO-GENERATOR, BUS, TRUCK, SUV & VAN, HELICOPTER, DIRIGIBLE, EKRANOPLAN, UNMANNED AERIAL VEHICLE, JET PACK, HOVERCRAFT, AMPHIBIAN, SUBMARINE, REFRIGERATOR, RAILWAY, METRO, RAILGUN, LASER, OPEN SPACE…).
    It can save the WORLD CIVILIZATION from the GLOBAL increasing of the temperature (HOTBED EFFECT, FLOODS, WATERSPOUTS…); oil pollution; energetic crisis; industrial breakdown; toxic gas ejection (CO, NO, CH); further destroying of the Ozone laver of the Earth; progressing AIDS (during the temperature increasing and organism dehydrating).
    In case you are interested in this INFORMATION and you are going to become the Co-participant of the PROJECT, you are WELCOME to SEND SUGGESTIONS in Russian language to the address:
    Anatoliy I. Aleksenko
    Prospekt Octyabrskoy Revolyutsiyi, 57, apartment 87, UA – 99057, Sevastopol – 57, ARC, Ukraine.
    Telephone: +38 0 692 433-365 ; Mobile: +38 0 50 563-3452 .
    E-Mail: ecoglobal.aleksenko@yandex.ru
    Having rendered the assistance in patenting and implementation, having become the Co-participant of the PROJECT, you will get rid of not only oil-gas and economic but also political DEPENDENCE.
    Can you please pass this REPORT to all INTERESTED CIRCLES…
    Please don’t forget of time factor.
    Sincerely,
    Anatoliy Aleksenko
    Inventor of engines and propellers.

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