energy is an umbrella term that refers to any
source of usable energy intended to replace fuel sources without the
undesired consequences of the replaced fuels. Typically, official uses
of the term, such as qualification for governmental incentives, exclude
fossil fuels and nuclear energy whose undesired consequences are high
carbon dioxide emissions, the major contributing factor of global
warming according to the Intergovernmental Panel on Climate Change, and
difficulties of radioactive waste disposal.
Over the years, the nature of what was regarded alternative energy sources has changed considerably, and today because of the variety of energy choices and differing goals of their advocates, defining some energy types as "alternative" is highly controversial.
The term "alternative" presupposes a set of undesirable energy technologies against which "alternative energies" are opposed. As such, the list of energy technologies excluded is an indicator of what problems that the alternative technologies are intended to address. Controversies regarding dominant forms of energy and their alternatives have a long history.
It is possible to have a portfolio which profitably (that's the key word, is it not?) invests in alternative energy funds. “Green” energy production is expected to be a multi-billion (in today's dollars) industry by 2013.
The most recently developed wind-turbine technologies have brought us wind-produced energy which is more cost efficient as well as more widespread. More state-of-the-art wind energy technologies are typically more market competitive with conventional energy technologies.
The newer wind-power technologies don't even kill birds like in days of old! Wind energy production is a growing technology, and companies engaged in it would make up an excellent part of a growth or aggressive growth portfolio.
Next to consider are solar cell, or photovoltaic cell, technologies. These are to be found implemented in pocket calculators, private property lights, US Coast Guard buoys, and other areas.
More and more they find their way onto the roofs of housing and commercial buildings and building complexes. Cost is falling.
Their energy efficiency (the ratio of the amount of work needed to cause their energy production versus the actual energy production) is steadily on the rise. As an example, the conversion efficiency of silicon cells has increased from a mere four percent in 1982 to over 20% for the latest technologies.
Photovoltaic cells create absolute zero pollution as they are generating electrical power. However, photovoltaic cells are not presently as cost effective as “utility produced” electricity. “PV” cells are not [capable at present for producing industrial-production amounts of electricity due to their present constraints on space.
However, areas where photovoltaic cell arrays could be implemented are increasingly available. In sum, costs are going down while efficiency is rising for this alternative fuel technology.
Many alternative energy investment portfolio advisors are confident that alternative energies derived from currents, tidal movement, and temperature differentials are poised to become a new and predominant form of clean energy. The French are actually fairly advanced at hydro power generation, and numerous studies are being made in Scotland and the US along these same lines.
Some concerns center around the problems with the deterioration of metals in salt water, marine growth such as barnacles, and violent storms which have all been disruptions to energy production in the past. However, these problems for the most part seem to be cured through the use of different, better materials.
Ocean-produced energy has a huge advantage because the timing of ocean currents and waves are well understood and reliable.
Investments in hydro-electric technology have grown in the last two decades. Hydro-electric power is clean; however, it's also limited by geography. While already prominent as power generation, the large, older dams have had problems with disturbing marine life.
Improvements have been made on those dams in order to protect marine life, but these improvements have been expensive. Consequently, more attention is now being paid to low-impact "run-of-the-river" hydro-power plants, which do not have these ecological problems.
The reality is, the energy future is green, and investors would do well to put their money out wisely, with that advice in their minds.
More ArticlesRenewable Fuels For Alternative Energy
... biofuel-delivering agricultural systems, and machines to produce renewable fuels in liquid form for automobile consumption. The University will especially spearhead efforts in the field of genetic engineering with regard to creating the more advanced biofuel crops. The EBI will additionally have as a ...
... the grid for shared use and as a means of lowering the grid's dependence on the hydroelectrically-driven electricity production. Being connected to the PV System can keep your costs down as compared to full-fledged solar energy, while at once reducing pollution and taking pressure off the grid system. ...
... that they have relatively minuscule (even if rapidly growing) sales, and no expected profitability in the near term or history of earnings for you to be able to research. This can lead to some bubbling, as with what happened to the dot-com industry at the turn of the 21st century. Bubbling in the stock ...
... rush-hour traffic in Los Angeles. While the radiation is certainly the more deadly by far of the two waste materials, the radiation is also by far the easier of the two to contain and store. In spite of the concerns of the environmentalists, nuclear power is actually environmentally friendly alternative ...
... energy resource is the one that is most well known: solar energy. This involves the manufacturing of solar cells which gather and focus the energy given off directly by the sun, and translate it into electricity or, in some cases, hot water. As with wind energy, solar energy creates absolutely zero pollution. ...
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