How the Government Is Centering On Solar Power To Get Fastest Return on Investment
While the debate rages on as to whether a solar panel is a good investment for your money or if solar energy is not a resource worthy of consideration. The Dep. of Energy has released details that they are funding a two year effort to focus fully on solar power. The mission of this effort is to work out if solar power is as efficient as the solar power industries claim it to be.
The purpose is to determine whether a solar panel can produce a KW hour for ten cents or less, this could take another decade, or we may get lucky as one of the new technologies exceeds expectations. While this doesn’t seem like a big savings, consider the billions of kilowatt hours expended daily in the United States. You can see how much money and energy could be saved.
The solar power movement is based on concentrated solar power which concentrates daylight to a receiver using mirrors. There are many positives, but the downside is the cost of building the technology for the liquid heating and a turbine generator. Ironically, George Bush was a baby of the oil boom and his push towards new alternative fuel technology could be a mirrored image of the political climate in America.
This will involve 9 different private companies collaborating together, with financial requirements exceeding $2 million to pay for this. The Solar Vehicle 8 of Lakewood, Colorado will be having a look at the development and advances to a system of picking up solar power. 3M, Alcoa, Brayton Energy, Hamilton Sundstrand, Infinium, Sky Feel, and Solar Millennium are some of the corporations that are contributing to this project.
With the looming economic crisis, the race to discover alternative sources of energy is accelerated. Because the Iraq war may continue and cause oil prices to soar, results of these efforts will be easier to comprehend once the United State’s solar power initiative is fully up to speed.
Ultimately, the government has to take a firm stand on making alternative energy solutions work, in the process lessening dependency on foreign oil and traditional fuels. As the masses witness the rise of gas prices and the decrease of solar powered technology costs, they will favor this new technology and, in the process, create a green-friendly planet, one with a better environment for its denizens.
For most people, it would be more practical to wait for commercially available solar panel technology; the only snag is, it could take another decade before you can buy this new technology in the DIY stores.
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