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Clean Renewable Energy'''The Future

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'Clean burning' coal, Myth or Reality. Natural Gas transitional 'Low Hanging Options' ... The car's engine runs on rechargeable electric batteries. ... – PowerPoint PPT presentation

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Title: Clean Renewable Energy'''The Future


1
Clean Renewable Energy...The Future
2
Carbon-Based Fuels Current Status
  • Problems
  • Carbon Emissions
  • Global Warming
  • Dependence
  • Peak Oil Theory
  • Foreign Involvement
  • Middle East

Key Statistics
  • Annual U.S. Imports of
  • crude oil(2008) 4.7 billion barrels
  • Oil that ends up in the world oceans annually
    (Est. 2008) 706 million gallons
  • Percentage of world electricity supplied by
    oil (2008) 40
  • Percentage of world electricity
  • Supplied by coal (2008) 20
  • Known world oil reserves (Est. 2009) 1.342
    Trillion barrels

3
Carbon Based Fuels Possibilities
  • Clean Burning Fuels
  • Clean burning coal, Myth or Reality
  • Natural Gas transitional
  • Low Hanging Options
  • Energy Conservation
  • Energy Efficiency
  • Advantages
  • Short term solution to peak oil
  • Cleaner than oil
  • Produced within the U.S.
  • Disadvantages
  • Not a permanent solution
  • Still produces carbon emissions
  • Non-renewable

All these short term approaches and solutions
emit greenhouse gases as oil does. The only real
solution is the fastest possible move to a
renewable energy-based economy.
4
Nuclear Power
  • Nuclear Power- The generation of energy
    through the fission of nuclei. The heat produced
    by the fission turns water to steam which is then
    used to move massive turbines.
  • Advantages
  • Does not produce significant carbon emissions
  • Produced in the U.S.
  • Currently the only non-carbon based fuel that
    is viable to supply large quantities of energy
  • Nuclear Legacy- The leftovers of nuclear power
    generation. It encompasses past holdings of
    nuclear related industries by companies no longer
    developing nuclear power. It also may include the
    old sites and wastes of past nuclear sites that
    remain to be cleaned up.
  • Disadvantages
  • Storage of radioactive waste
  • Potential for massive disaster

5
Clean Renewable Energy
  • Renewable Energy- Any Method of producing
    energy by means of renewable resources with
    little or no adverse effect on the surrounding
    environment.
  • Produces no environmental harm
  • Completely renewable
  • Only permanently sustainable form of energy
    production
  • Extremely positive outlook
  • Current Administration
  • 20 billion in direct incentives for renewable
    utilities over the next 10 years
  • Cap-and-Trade legislation
  • Proposed 80 billion in promotion of upgrades
    in energy efficiency, conservation, and
    transmission
  • Impact of Legislation
  • Increased cost for fossil fuels
  • Decreased cost for renewable energy
  • Renewable energy prices will be competitive to
    fossil fuels within 5 years
  • Need for national standards to replace state
    and regional ones

6
Clean Renewable Energy A Brief History
  • Earlier times
  • Windmills, River Water Mills, Dams
  • Early-Mid Twentieth Century
  • Early development of efficient wind and passive
    solar technologies
  • 1970s(Oil Embargo)
  • After significant stagnation in this sector,
    large amounts of investment are allocated to
    renewable energy
  • 1980s
  • Ronald Reagan suspends significant funding to
    renewable energy
  • 1990 - Current Times
  • Investment and interest in renewable energy
    increase at incredible rates. The industry is
    growing at a rate of roughly 25 per year
    domestic and internationally

7
Endless Possibilities
  • Wind
  • Solar
  • Biomass
  • Geothermal
  • Fuel Cells
  • Hydropower
  • Electric Vehicles

8
Wind
  • Process
  • Giant turbines resembling fans are installed in
    areas of high air flow. Those turbines are then
    spun by the air flow. The energy produced by
    their movement is then transmitted to the local
    power grid.
  • Advantages
  • Completely renewable
  • No carbon emissions
  • Low maintenance costs once installed
  • Virtually no environmental impact
  • Large and Localized development
  • Disadvantages
  • Economically feasible areas for turbine farms
  • Visually unappealing, NIMBY
  • Unreliable flow of energy
  • Lack of transmission grids

Wind energy will be the first renewable energy
source to competitively compete with the price of
fossil fuels
9
Solar
  • Process
  • Solar Heat is collected through panels located in
    sunny areas. The heat is then used to turn water
    into steam, which may then be used to generate
    electricity to be transferred into the local
    power grid.
  • Photovoltaic
  • Thermal
  • Advantages
  • Completely renewable
  • No carbon emissions
  • Low maintenance costs once installed
  • Virtually no environmental impact
  • Large and Local development
  • Disadvantages
  • Unreliable flow of electricity in certain areas
  • Challenge to find locations for a large solar
    farms for mass energy production

10
Biomass
  • Process
  • Biomass refers to the combustion of recently-live
    substances for the production of energy. Plants
    ranging from corn to sugar cane, have the ability
    to be burned for fuel in a process similar to the
    burning of fossil fuels. However, while the
    processes for burning both are very similar,
    biomass produces far less environmental damage.
  • Advantages
  • Easy conversion from fossil fuels
  • Reduces the amount of carbon in the atmosphere
  • Easily renewable
  • Sustainable Sourcing
  • Brazilian sugarcane
  • Disadvantages
  • Aside from carbon, it still produces the same
    pollutants as fossil fuels
  • Relatively inefficient
  • Expensive to produce
  • Land use decreases available land for food
    cultivation, such as corn and reduces crops
    reserved for food consumption

11
Geothermal
  • Process
  • Energy, originating from the creation of the
    planet, decay of radioactive particles, and the
    absorption of sunrays, is trapped below the
    earths surface. By drilling into the earths
    crust and using one of multiple techniques, it is
    possible to extract that energy in the form of
    hot water
  • Advantages
  • Completely renewable
  • Requires very little land area
  • Creates no pollution
  • Extremely efficient for space heating
  • Disadvantages
  • High start up costs
  • Inefficient for electricity generation
  • Applicable development limited by geography

12
Fuel Cells
  • Process
  • A catalyst, such as hydrogen or alcohol, is
    injected into the system and mixed with oxygen
    and an electrolyte. The resulting reaction
    creates an electric current which can then be
    extracted.
  • Advantages
  • Diverse Uses
  • Could possibly be used to replace internal
    combustion engines
  • Abundant input sources
  • Disadvantages
  • Inefficient
  • Small scale usage
  • Though minimal, still produce carbon emissions
  • Still a very new technology
  • Lacking an existing Hydrogen
  • supply infrastructure

13
Hydropower
  • Process
  • Hydropower comes from the harnessing of water
    movements to turn large turbines which, in turn,
    generate electricity with the energy transferred
    from the water.
  • Tidal
  • Ocean Current
  • Waves
  • Dams
  • Advantages
  • Completely renewable
  • Creates no negative emissions
  • Diversified sources
  • Extremely efficient - Dams
  • Disadvantages
  • Isolated area of production
  • High start-up costs
  • Electricity transmission problems
  • Environmental impact Dams
  • Unknown Environmental impact of new technologies

14
Electric Vehicles The next step after Hybrids
  • Process
  • The cars engine runs on rechargeable electric
    batteries. The engine is significantly different
    from that of a combustion engine as it is
    comprised of mainly electrical components
    resembling those of a computer rather than the
    mechanical components of the combustion engine.
  • Battery Technologies
  • Electric car engines run off battery power. The
    battery is charged while car is parked and allows
    the vehicle to be driven.
  • Lead-acid
  • Lithium-ion
  • Nickel metal hydride
  • Benefits
  • No emissions
  • High Efficiency
  • Negligible maintenance and energy costs
  • Obstacles
  • Limited driving range
  • High priced Battery cost
  • Long charge time

15
Annual Investment in Renewable Energy, 1995-2007
16
2009-2010 International Clean Renewable Energy
Stimulus Proposals
Region/Country Total Stimulus() Green
Stimulus() United States 972 Billion
112.3 Billion Canada
31.8 Billion 2.6 Billion EU
325.5 Billion
54.2 Billion South Korea 38 Billion
30.7 Billion Japan
485.9 Billion 12.4
Billion China 586 Billion
221.3 Billion Other
356.8 Billion 2.8 Billion
ff Total 2,796 Billion
436.3 Billion
17
Investing in Clean Renewable Energy
  • Short Long term trends
  • Increasing price of oil
  • When oil prices increase, renewable energy
    stocks make gains
  • Growth private investment and public subsidies
    in renewable energy
  • Price of renewable energy will compete with
    that of fossil fuels within next 5 years
  • Increased market share for renewable energy
  • Renewable energy sector has outperformed the SP
    and DJIA this year
  • Range of available investments
  • Stocks
  • Exchange Traded Funds (ETFs)
  • Mutual funds
  • Fee-Based Accounts

Investing in the clean renewable energy should
be profitable due to the sustained, long term
growth of this sector, but should be considered
as only a part of the Growth investments of your
overall portfolio
18
Closing Thoughts
  • Increasing costs of fossil fuel
  • Global Climate Change Awareness
  • Peak Oil Theory
  • Cap and Trade Legislation
  • Costs of pollution
  • Decreasing costs of renewable sources
  • New research
  • Added efficiency
  • Subsidization
  • Large scale usage
  • Drawbacks and Challenges of Renewable Energy
  • Current high costs and lack of private money
    available
  • Unpredictability of a new industry
  • Conversion Costs
  • Infrastructure modifications
  • Political and Commercial Resistance
  • Advantages of Renewable Energy
  • Cleaner, healthier planet
  • Sustainable society
  • Eventual Lower, more predictable energy costs
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