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February 19, 2003
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THE COST OF RENEWABLE ENERGY
The WorldWatch Institute, publishers of the annual State of the World
report, holds weekly conferences on various environmental and 'sustainable
development' topics. This week the topic was Renewable Energy, and the transcript
is available here
. One of the questions was about the cost of various renewable sources and
the potential for even cleaner sources to become affordable. The answer:
The cost of generating energy with renewable technologies varies
from one technology to the next and from one location to another, depending
on the available resources. Wind energy is now the cheapest, at 4-6 cents
per kilowatt hour in good sites - and this is a conservative estimate as
some producers are now signing contracts for under 3 cents/kWh. Biomass in
the U.S. is about 7-9 cents/kWh, and photovoltaics generally range from 25-50,
depending on location. First of all, hydrogen and biofuels, pumped storage,
etc. are not mutually exclusive, and renewable energy and fuels can be used
to produce hydrogen. Worldwatch believes that hydrogen offers tremendous potential
for the future. Hydrogen can be used to generate electricity and to fuel
transportation; it can be stored and transported. It would facilitate the
transition from the consumption of limited, non-renewable polluting fossil
fuels to unlimited renewable resources. Hydrogen is clean burning, and if
it is produced with renewable energy it avoids the significant external costs
associated with the extraction, transport, refining, and burning of fossil
fuels. As you mention, hydrogen production is relatively expensive today and
we need to develop the proper infrastructure. But costs are expected to decline
dramatically over coming years, particularly as governments and industry
in the U.S., Japan and the European Union are committed to investing large
amounts of money in research and development for hydrogen production and
the infrastructure necessary for its transport and use.
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9:00:33 PM
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BEAM ME UP, SCOTTIE. WELL, MY QUANTUM STATES ANYWAY.
MIT
reports
this week that Danish and Swiss researchers have successfully teleported photons
a distance of 55 meters, and expect commercial applications within a few
years.
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5:20:30 PM
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© Copyright 2003 Dave Pollard.
Last update: 02/03/2003; 12:57:07 PM.
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