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Energy Economy

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The world energy economy has the largest influence on the decisions that people and governments make. Current global consumption rates are depleting the planets ability to sustain our way of life. Increased demand means increased prices in every sector of the world economy.

Many alternative energy companies are creating new economies in order to facilitate a more sustainable enegy market. The articles on this page explore the possibility of a new energy economy.

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Advantages of Renewable Energy at Macro and Micro Level

Renewable Energy It is now certain that the current energy systems and technological advancements available in the world are not sufficient to make the planet free from the carbon dioxide that is emitted from those resources. To solve this problem, there is a scope to build new technologies and to bring the existing technologies together to get maximum benefit from the entire energy system including energy production, transformation, to energy transportation and distribution. Work in this direction will have to be taken at both macro and micro level. View Comments


Cheapest Green Car – Honda Fit Hybrid

Honda Fit Hybrid In tune with its focus on continuing with combining hybrid attempts and smaller size, Honda is offering another hybrid - the smallest and cheapest. This fall, Honda's Fit will be on sale in Japan priced at 1.6 million yen hoping to become an instant hit. Honda will be launching the cute little car in the 2010 Auto Show at Paris in October under the name Honda Fit Hybrid. Its petrol version, called Jazz/Honda Fit is already in the markets. The Hybrid Fit will have the distinction of being the first hybrid subcompact car model marketed by Honda. View Comments


Zinc-Oxide Nanostructure Production Made Easy

Zinc-Oxide Nanostructure Two scientists are on a path-breaking method to produce 'sea-urchins' to expedite the work capacity and efficiency of photovoltaic devices. Jamil Elias and Laetitia Philippe are the two scientists from Empa's Mechanics of Materials & Nanostructures Laboratory who have been successful in producing these tiny 'sea urchins' which are ready to revolutionize solar-cell technology. New methods are generally difficult procedures, more so when the aim is to lend materials new characteristics as well by new processes. The two scientists from Thun have used materials that do not cost a bomb and they have achieved these results without utilizing any instrumentation that costs too much time and/or money. View Comments


Increase Renewable Energy Sources – Generate More Jobs

Renewable Energy Jobs This has been the slogan that GE, one of the leading power suppliers and energy delivery technology pioneers, propagated all through the 'Capture the Wind' tour across US. GE Energy, comprised of GE Power& Water, GE Energy services and GE Oil & Gas is on an all out effort to promote wind industry’s growth in USA. GE, largest supplier of wind turbines producing some 40% of US' wind power, has been sponsoring the 'Capture the Wind' tour for garnering support at grass-root level for a cleaner energy in future. View Comments


Abu Dhabi To Build First Full Eco-City

Abu Dhabi Eco-City When we talk about the Middle East Asia, we imagine harsh terrain, blazing sun and sand dunes. Abu Dhabi is a part of the United Arab Emirates. Its currently hostile area is being developed as the world's first carbon neutral city in the coming 5 to 10 years. This city will be a green example that will not be constructed using polluting technologies and fossil fuels. The greatest irony is this city would be located in a country that is a leading producer of fossil fuels. Its architects and designers claim that the city will be powered up by various forms of renewable energy, including solar and wind power. View Comments


More Energy-Efficient Communications Networks

Communications Networks Reputed companies are always conscious about their brand image and what a great way to build great brand by taking clean and green route! Bell Lab is the division of the Alcatel-Lucent. Currently Alcatel-Lucent is trying to invest in their communications networks to make it 1,000 times more energy efficient. They have launched a five year program known as "Green Touch." Members affiliated with the Green Touch are AT&T, and China Mobile from industry; MIT and Stanford University from the academic world; and The French National Institute for Research in Computer Science and Control from government. Industrial laboratory members are Bell Labs, the Samsung Advanced Institute of Technology and Freescale Semiconductor. The project has received the nods of ascent from United States Secretary of Energy Steven Chu and the British, French, South Korean and Portuguese governments. View Comments


Renewable Energy ‘Supergrid’ coming to Europe

Renewable Energy Supergrid Europe UK's energy and climate change minister, Lord Hunt shares his opinion, "We recognise that the North Sea has huge resources, we are exploiting those in the UK quite intensively at the moment. But there are projects where it might make sense to join up with other countries, so this comes at a very good time for us." Lord Hunt is talking about several North Sea countries that have coalesced for a good cause. They are aiming to create a clean and green supergrid. This supergrid will be connected to wind farms of Scotland, solar panels of Germany and hydro-electric dams of Norway. This project will be ready soon and then the first green European electricity grid will become a reality. They have expanded a network of thousands of kilometers of highly efficient undersea cables. These network cables will cost around €30bn. This way renewable energy generated in any of the North Sea countries will be available to many. View Comments


College Students Pursue ‘Clean Energy’ Careers

College Students Nowadays students are not oblivious to the hazards of global warming. They are quite keen on pursuing a ‘clean energy’ career. Now the concern about climate change is stimulating more undergraduate students to show interest in science and engineering. We can watch the trend of the rising interest in renewable energy. As leaders from various schools such as Arizona State University, Indiana University and the University of Colorado confirm that energy and sustainability are the hottest topics for their students. But another fact which can’t be guaranteed is whether their keenness for renewable energy will remain so into graduate school and further on in life. View Comments


China Unveils World’s Largest Solar Office Building

Solar Office Building China is often dubbed as a heavy user of fossil fuels and polluter or a climate killer. Because it meets the 70% of its power needs by exploiting coals. But they are making changes on the environment front too. Slowly and steadily they are choosing wind and solar power as their source of energy. China has earned the distinction of having the world’s largest solar-powered building. It is situated in Dezhou, Shangdong Province in northwest China. The building covers an area of 75,000-square-meter. The office building is modelled after the sun dial structure. View Comments


Climate-Friendly Childcare Center in Denmark

Childcare Center These days the world is looking at Copenhagen Summit, its agenda and how much carbon footprint it is generating. At the same time the most climate-friendly childcare center in Denmark is being established in Hørsholm. Hørsholm is situated in the north of Copenhagen. This childcare center will be opened in November 2010. The nursery, has been commissioned by Hørsholm Council in cooperation with VKR Holding. This childcare center is designed by Christensen & Co. Architects. This center will boast of state-of-the-art facilities and will generate more energy than it consumes. View Comments


German Smart Grid Leads the Way in Conservation

Smart Grid Germany There is an obvious push on not only using less energy, but in finding other forms of energy that will allow the world to recover from the years of literally pillaging its natural resources. Germany has been using some pretty innovative techniques to lead the way and their designers are coming up with more energy efficient homes all the time. However, with the promotion of using a smart grid Germany hopes to make people even more aware of the energy that they are using and more importantly, wasting. View Comments


Potential for 1.9 Million Renewable Energy Jobs

Renewable Energy Jobs Three universities of the USA have conducted studies related to renewable sources of energy and it has produced some interesting facts. The first and most important one is that renewable energy policies will lead to employment opportunities. Secondly, it will increase the consumer’s income and thirdly, it will have positive effect on the US economy too. The study Clean Energy & Climate Policy for U.S. Growth and Job Creation: An Economic Assessment of the American Clean Energy & Security Act and the Clean Energy Jobs & American Power Act presents quite an encouraging estimate. According to them as many as 1.9 million new jobs could be created across the United States within the renewable energy sphere. It would also account for an increase in annual household income by US$1,175 per year, and Gross Domestic Product could register a rise of US$111 billion by 2020. View Comments


Pedal Powered Laptops in Afghanistan

Pedal Powered Laptop While there are solar powered laptops that will allow a computer to be powered without an energy source, not everyone may be able to afford them. There was always the hope that there would be an affordable way for people in poorer and very remote areas to be able to benefit from the uses of a computer and there finally is because of the pedal powered laptop in Afghanistan. Pedal power laptop is a pedal powered machine that uses nothing but pedal power to operate the laptop. The system is set up so that just about anyone with two legs would be able to power the laptop and they claim that even a third grader can step up to the pedal power laptop computer and get to work with no problems. View Comments


Clean Energy Patents Reach New High

Clean Energy Patents We are familiar with the importance of intellectual property. It is an essential indicator of the economic growth. Number of patents issued in any country in a year indicates the growth of research and innovative development. View Comments


Obama’s Stimulus Includes Green Investments

Obama's Green Investments We are experiencing the effects of economic recession remotely or directly. Our political leaders are trying to assuage the situation on several levels. United States House and Senate members reached an agreement last week on the American Recovery and Reinvestment Act. President Obama is about to sign economic stimulus package. President Obama has already anticipated the future of solar energy and other renewable energy sources. He has clearly emphasized this by stating, "the country that figures out how to make cheaper energy that's also clean, is going to win the economic competition of the future." View Comments


Nevada to Attract Renewable Energy Industry

Nevada Renewable Energy As much as possible people are trying to choose clean and green technology for their energy need. They understand the gravity of pollution and its implications in the near future. People of Carson City, Nevada have presented a great example of environmental awareness to follow. They have started a private-public initiative called Team Nevada. It will look into renewable energy matters by drawing attention of businesses and supporting renewable energy technology. Team Nevada will register its presence at the Renewable Energy World Conference & Expo North America on Mar. 10 to 12 in Las Vegas. View Comments


Alternative Energy Investors Optimistic

Alternative Energy Investors Last year many alternative energy investors suffered huge losses when several prominent stocks fell by 70% or more. But they have not lost hope in alternative energy stocks and their future. According to a new survey investors are pinning their hopes on alternative energy industry this year. Waggener Edstrom Worldwide report states that investors and analysts participating in the survey anticipate alternative energy stocks to surpass the broader markets. "Despite a deeply challenging business climate, the financial community continues to view alternative energy stocks with measured optimism," Lev Janashvili, vice president of Waggener Edstrom’s global corporate communications practice, said. View Comments


Oregon to Lead Nation in Solar Production

Oregon Solar Tim McCabe, who is the director of the Oregon Economic and Community Development Department, says that Oregon is focusing resources on "all things renewable." The state always showed a keen interest in solar and renewable energy in the past few years. And their efforts are bearing fruits in the form of clinching several coveted projects such as Solar World in Hillsboro, which became operational in October and have the largest solar cell manufacturing facility in North America; Solaicx, a silicon manufacturer for solar energy applications, in Portland; and Sanyo Solar in Salem. View Comments


Future Perspectives for Renewable Energy in India

Renewable Energy in India India is facing an acute energy scarcity which is hampering its industrial growth and economic progress. Setting up of new power plants is inevitably dependent on import of highly volatile fossil fuels. Thus, it is essential to tackle the energy crisis through judicious utilization of abundant the renewable energy resources, such as biomass energy, solar energy, wind energy and geothermal energy. Apart from augmenting the energy supply, renewable resources will help India in mitigating climate change. India is heavily dependent on fossil fuels for its energy needs. Most of the power generation is carried out by coal and mineral oil-based power plants which contribute heavily to greenhouse gases emission. View Comments


Barack Obama on Renewable Energy

Barack Obama Barack Obama has been elected as the 44th President of the USA and with his election, Solar Integrated Technologies rose by 30% yesterday after increases of 22% by Renewable Energy Corporation and 16% by the wind turbine maker Vestas. Barack Obama promised to spend $150 billion over the next 10 years developing alternative energy. Promises like these leave a legacy for future generations to imitate. Clean technology and green energy stocks have registered a new high as City analysts anticipate a major boost from the incoming president. The US election result has provided a much-needed encouragement at a critical time and that too for an industry which is still in its nascent phase. And this sector is threatened by the banking crisis and emerging economic recession. Some companies had seen their share prices halve in the turmoil that began in September. Reduction of carbon level, a cushion against fluctuating oil prices and creation of more jobs in economic slowdown would be the natural offshoots of this policy. View Comments

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Thursday, January 29th, 2015

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