Most forecasters see a necessary mix of technologies and they will satisfy just some of the
Here are several recent viewpoints regarding technologies that are said to merit stimulation:
BIOFUELS:
President Obama says he will require 60 billion gallons annually of advanced biofuels by 2030. This is double the current 30 billion gallons by 2020 mandated by Congress.
Biorefinery capacity for biofuels is about 11 billion gallons, mostly corn ethanol and soybean biodiesel, equivalent to about 7% of
BATTERIES:
John Peterson, energy stock blogger from Seeking Alpha, is a big advocate for alternate energy storage at the infrastructure (electricity grid) or consumer (car) level and believes it is worthy of more investment.
(http://seekingalpha.com/article/117782-lead-acid-lead-carbon-batteries-the-only-option-for-average-consumer)
He claims that lithium-ion batteries, now at a manufacturing cost of $1500 per kWh are not recyclable, take too long to recharge, are far too high performance and long-lived for most consumer needs, and can never be economical for most storage applications.
Despite being heavier and bulkier, new lead acid battery technologies have the promise of earlier advances in cost, ability to be recycled, reasonable lifetimes (recharge cycles), and application to automobiles.
ELECTRIC VEHICLES:
Shai Agassi is former SAP president and now at BetterPlace, http://www.betterplace.com/, "a venture-backed company that aims to reduce global dependency on oil through the creation of a market-based transportation infrastructure."
He plans to implement a business model whereby consumers who buy electric cars have plenty of recharge spots. Consumers would drive on contracts that account for electricity consumed, access to network software, battery switching service every 100 miles, and the battery (which the car owner does not own). He says a lead acid battery may weigh 550 pounds, but it takes you 155 miles without air conditioning. He claims batteries beat fuel on efficiency, affordability, and convenience;what was missing was the business model to be competitive with $25 barrel oil.
In addition, at night batteries become distributed storage for electrical sources producing at off demand peak time. For example, see http://www.ferc.gov/news/media-alerts/2007/2007-3/10-22-07-v2g.pdf).
The first prototype systems for a plug in electric vehicle grid are in
FUELS FROM COAL:
It appears that, as the largest nonrenewable energy resource in the
With 27% of world's proven recoverable reserves,
The coal industry and its users have come a long way developing "clean coal technologies" to reduce these pollutants. Other countries are meeting fuel demands or industrial needs by utilizing improvements on old technologies that gasify or liquefy coal, creating basic organic chemicals and diesel fuel.
Which New Energy Technologies do you think deserve investment?
Dr. Barry E. Bowen, the author of this blog spot, is a Vice President of The CECON Group, Inc. and a member of CECON's technical staff. Dr. Bowen received his Ph.D in Analytical Chemistry from the University of Florida and has more than 35 years of experience in business leadership, human resources, technical project management, classified projects, government funding and contracting, and high performance materials.
