“Americans overestimate the contribution of renewable energy in powering the U.S. and underestimate the role of coal, oil and natural gas now and in the future. In 2016, solar and wind together made up just 3% of U.S. energy consumption, while survey respondents put the figure at 20%. Furthermore, respondents predict that wind and solar will make up 34% of energy consumption in five years; however, the experts predict that they will be less than 5% of our energy consumption. Conversely, respondents perceived fossil fuels to be a much lower percentage of the energy mix than they are today and projected them to be even less in five years.”
“In the future, when investors look back at the year that represented the turning point for clean energy, 2016 may be it. The industry overall is growing at a breath-taking pace, but perhaps not for the reason that some investors think. Energy storage rather than solar power and wind power are the real factors that are driving a revolution across the electrical power industry.”
Rumor has it that a lot of energy companies are on the brink of bankruptcy, will the Feds step in to stabilize it. It’s been said that they’re heavily leveraged, sorta like Lehaman.
“One hour of solar energy is enough to meet the energy demand of entire Earth’s population for one year.
When the solar radiation reaches earth’s top atmosphere it is relatively constant everywhere but the radiation near earth’s surface may vary considerably due to following reasons:
- – Atmospheric effects, such as absorption and scattering.
- – local variations in the atmosphere, such as water vapour, clouds, and pollution;
- – latitude of the location; and
- – the season of the year and the time of day.”
By Emma White at EnergyBiz.com
Also interesting: Clouds, Pollution and Solar Radiation
“…the amount of U.S. residential solar panels has been growing more rapidly, and has been expanding across more states than ever before. The amount of home solar roofs grew 70% year-over-year for the most recent quarter, and went from four states with vibrant residential solar markets in 2013, to ten states today.”
Let’s be clear, the theory is that every home can, and should be powered by Solar Power.
Buy, make, or eliminate – these are the three main ways that we have gone about meeting our electricity needs for the past century. But, according to a new report by the Rocky Mountain Institute, a rapidly growing fourth option is appearing across the country and offering a way for homeowners to decrease their monthly bills.Read the article here: Scientific America
Electrochromic glazing provides a dynamic solution to control solar heat gain and light, while preserving the view and connection to the outdoors. Numerous studies have shown improved learning environments, increased productivity, and better health outcomes when a view and connection to the outdoors is maintained. Here
Successful climate change mitigation will involve not only technological innovation, but also innovation in how we understand the societal and individual behaviors that shape the demand for energy services.
Worry for Solar Projects After End of Tax Credits – NYTimes.com
This is probably the worst time for tax credits for renewable projects to end, as major energy producers scale back construction plans due to lower oil prices. Though peak production has not made renewables any more popular, looking at the whole picture – America’s energy needs, slow steady growth in the background is how solar would have eventually beat the hare. How convenient is it for oil that renewables’ growth would be hampered at such a time as this.
There is also a possibility that further deterioration in energy construction could derail a recovering economy. There have been serious adverse affect to not only to construction companies, real estate in neighboring municipalities but construction equipment manufacturers have suffered as well.
Do only bright spot:
Transmission Line That Could Bring Wind And Solar Power To Millions In West Gets Go-Ahead | ThinkProgress
As I mentioned in October 2014, HVDC are the probably the only projects that we’ll be seeing in the future. Why? Because they’re independently owned, and the present a cost advantage to utilities: no construction, maintenance or liability. And none of the regulatory hurdles that utilities would like to avoid while they apply for rate increases to combat Solar.