Green Technology is the new 'Efficient'

Growing demand for energy

Growing demand for energy

According to the North American Electric Reliability Corporation (NERC), the demand for electricity in the US continues to grow, even while concerns over long term reliability of supply persist. The Energy Information Administration (EIA) predicts the country's electricity demand will grow at the rate of 1.8% to 1.9% percent per year till 2025. To keep pace with this increasing demand the US must add approximately 300,000 MWe of new capacity over the next 16 years.

Exploring energy alternatives

As our dependence on energy continues to increase, the search for efficient alternatives remains prominent. There are broadly two pressing needs that propel this search. The first, growing scarcity and cost of fossil fuel; the second, strong environmental concern due to increasing amount of green house gases being released into the atmosphere.

Thus far green, energy-efficient technology seems to be the best answer to our energy needs. It reduces our dependence on expensive imported fossil fuel, reduces our carbon footprint and is gradually becoming cost effective. Energy-efficient green technology is making its presence felt in a number of ways - most prominent being the growing use of renewable energy like solar, wind, hydro and geothermal. A second method is using smart grid and other energy efficient infrastructure like energy efficient transformers.

Could Wind energy be part of the answer?

Technological progress has enabled a ten-fold increase in the size of wind turbines, from 50 kW units to 5 MW, in 25 years and a cost reduction of more than 50% over the last 15 years. The U.S. Department of Energy's Wind and Water Power Program is now working with wind industry partners to develop clean, domestic, innovative wind energy technologies and aims to reach a target of meeting 20% of the nations energy needs from wind energy by 2030. With wind energy available in abundance, it is being widely seen as key suppliers to bridge the energy demand supply gap.

Green Technology is the new 'Efficient'

By: Mike Dickinson

POST COMMENT

Remote Computer Technicians - The New Age Pc Services What To Consider When You Buy Solar Panels Solar Energy Facts - No Cost Home Energy Savers You Can Do Starting a new firm-why not rental your equipments to minimize the risks The new 2011 Lincoln MKZ Hybrid Solar Panels: Reducing Initial Cost And Gaining Long-term Financial Benefits Last round with brand new charge card rules restrict overdue charges Use Of Solar Energy In Daily Life Assotech New Project Windsor Court In Noida How Can Zero Point Energy Save You Big Bucks? Women's Clogs – The New Trendsetters Don't Waste Your Money On Salons Anymore Using Your Chi Flat Iron Don't Buy A New Coffee Machine Before You Have Understand These Types Of Suggestions