Renewable Fuels For Alternative Energy
And as might be imagined, there are power companies who feel that it's unfair that they should have to pay retail rates to private individuals. Some federal lawmakers are pushing to get the federal government to mandate these tax breaks and other wind power incentives in all 50 states. However, "A lot of this is handled regionally by state law. There wouldn't really be a role for the federal government," the Energy Department's Craig Stevens says. However, the companies seem to be more worried about losing short term profits than about the benefits, especially in the long run, of the increased use of wind turbines or wind farms. "We should [only have to] pay you the wholesale rate for . Head of the Center for Energy Efficiency and Renewable Technologies of California V. John White points out, "It's quality power that strengthens the grid. your electricity," according to Bruce Bowen, Pacific Gas & Electric's director of regulatory policy. Japan and Germany already have national incentive programs in place.
Not receiving an electric bill while enjoying the advantages of the modern electrically-driven lifestyle is a wondrous feeling. Although it is much less expensive to initially get hooked into the local electric company's grid than it is to set up and hook into wind turbines, in the long run one saves money by utilizing the wind for one's energy needs—while also becoming more independent.
Again, this motivation to get away from the traditional energy sources is the same one that causes people to seek the power of the wind for their energy, giving more business opportunities to profit from wind turbine production and maintenance, which drives their costs down for the consumers. In addition, there are 35 states at the time of this writing where these homeowners are allowed to sell their excess energy back to the power company under what are called "net metering laws". In addition, people are moving away from the traditional electric grids and the fossil fuels for personal reasons including desire for greater independence, the desire to live remotely or rurally without having to "go primitive", political concerns such as fears of terrorist strikes on oil fields or power grids, or concerns about the environment. Electric bills and fuel bills are rising steadily—but the cost of wind turbine energy is zero, and the cost of installing and hooking up a turbine is steadily coming down as demand rises and more commercial success is realized by various companies producing the turbines and researching technologies to make them ever more efficient. The rates that they are being paid by the local power companies for this energy are standard retail rates—in other words, the homeowners are actually profiting from their own energy production. In nearly thirty states at the time of this writing, homeowners who remain on the grid but who still choose to use wind energy (or other alternative forms) are eligible for rebates or tax breaks from the state governments that end up paying for as much as 50% of their total "green" energy systems' costs.
We have lain dormant on alternative energy on the grand scale for so long that we now have to scramble to play catch-up as access to cheap oil lurks ever closer to being a thing of the past. The amount of new technologies and infrastructures that need to be developed and built is staggering—even as Germany achieves powering 10% of the entire nation through the use of wind turbines and solar arrays, even as corporation after corporation is springing up, helped by various governments' tax breaks and rebate incentives, to drive forward the alternative energy mission. The alternative energy consultants tell us that the transition from the petroleum-driven economy and society will not be a smooth one, on the whole.
The University will especially spearhead efforts in the field of genetic engineering with regard to creating the more advanced biofuel crops. This EBI will be physically located at the University of Illinois Urbana-Champaign. BP's investment comes to $50 million (US) per year over the course of the next decade. The EBI will additionally have as a major focal point technological innovations for converting heavy hydrocarbons into pollution-free and highly efficient fuels. Over in the US, the BP corporation has established an Energy Biosciences Institute (EBI) to spearhead extensive new research and development efforts into clean burning renewable energy sources, most prominently biofuels for ground vehicles. The University is in partnership with BP, and it will be responsible for research and development of new biofuel crops, biofuel-delivering agricultural systems, and machines to produce renewable fuels in liquid form for automobile consumption.
There has been much debate about what is often called "free" energy—energy that can supposedly, with the right technology, be drawn straight out of the atmosphere, and in very abundant supply. The debates are about whether the stuff actually exists or not, what it would actually cost were it to be harnessed, and if it does exist is it truly as abundant and efficient as it's being made out to be by proponents of research and development into this potential alternative energy source.
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