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Revealing News For a Better World

Energy News Articles
Excerpts of key news articles on


Below are key excerpts of revealing news articles on energy from reliable news media sources. If any link fails to function, a paywall blocks full access, or the article is no longer available, try these digital tools.

For further exploration, delve into our Energy Information Center.


Note: Explore our full index to revealing excerpts of key major media news articles on dozens of engaging topics. And read excerpts from 20 of the most revealing news articles ever published.


Meet The First Car Powered By Air
2006-10-28, CBS News
http://www.cbsnews.com/stories/2006/10/28/tech/main2135518.shtml

At their factory in southern France, father-and-son team Guy and Cyril Negre insist air power is no joke. Plain old air compressed in the tank, they say, cheap and non-polluting. Sound too good to be true? Says Cyril, “It's a real car. The other thing is it's a very zero emission car. You won't pollute, there won't be emission. You have a very economical car.” A car, says the Negres, that will cost just $2 for every 120 miles. The Negres have a long love affair with cars. Guy designed a Formula One race car engine. Cyril worked at Bugati. The technology for their car, they say, is relatively simple and safe. “When you compress the air...inside of the tank, this is like compressing a spring, and then the tank gives you back the energy of the air when it expands,” says Cyril. Compressed air in a carbon-fiber tank, something like scuba divers use, drives the pistons and turns the crankshaft. There is no combustion and no gasoline. That's why there's no pollution. You fill it up at an air compressor. It may sound far-fetched, but at his labs on the campus of UCLA, professor Su-Chin Chow is also exploring the power of air. The Negres say after years of delays...they have solved their technical problems. Another year, they say, and they'll be ready for large scale production, with a top speed of 55 miles-an-hour.


Big Oil's enormous profits ignite suspicion of gouging
2006-07-28, Denver Post
http://www.denverpost.com/business/ci_4105814

As motorists continue to pay more at the gas pump, two of the nation's largest oil companies on Thursday reported second-quarter profits of nearly $18 billion. The huge profits come at a time when refiners are marking up wholesale gas prices to levels seen during the weeks after Hurricane Katrina, reigniting concerns about the possibility of price gouging. Exxon Mobil Corp. said Thursday that its second-quarter profits increased 36 percent to $10.36 billion, the second-largest quarterly profit ever for a U.S. publicly traded company. Royal Dutch Shell, which operates 155 gas stations in Colorado, reported earnings of $7.32 billion, up 40 percent from a year ago. Including earnings from BP and ConocoPhillips, which reported earlier this week, four of the nation's five largest oil companies netted more than $30 billion in profit during the second quarter. National gross profit margins for refiners have hovered around $21 a barrel this week, compared with about $12 a barrel a year ago. Amid outcry from lawmakers about its profits, the oil industry this week paid for advertisements in 14 newspapers - including The Denver Post, The New York Times and The Washington Post - that insist oil companies' earnings are not exorbitant. The national average price of regular unleaded gasoline is $3 a gallon this week, according to AAA. The price would be about $2.60 a gallon, factoring in taxes and transportation and other costs, if the refiners' gross profit margin had remained at the same levels from a year ago.

Note: At the bottom of this article is an excellent, revealing graph showing the extent of profit margins for oil refiners since January 2005. Very few other major media have been willing to show the hard data in this article.


The next X-Prize: How about a 250 m.p.g. car?
2006-05-07, USA Today/Christian Science Monitor
http://www.usatoday.com/tech/news/2006-05-07-x-prize-competition_x.htm

The challenge: Build the world's most fuel-efficient production car -- one that gets maybe 250 miles per gallon and causes little or no pollution. The payoff: prize money from the group that awarded $10 million for the world's first private spaceflight two years ago. "Ford's Model T got 25 miles per gallon, and today a Ford Explorer gets 18 miles per gallon," says Peter Diamandis, X-Prize Foundation chairman. "We believe the time is ripe for a fundamental change in what we drive -- and we believe an X-Prize in this area can drive a substantial change." U.S. agencies procure new technology mostly through contracts with universities and companies. Taxpayers typically pay, whether or not companies or researchers actually succeed. But government interest in prizes began to grow after 1996, when the $10 million Ansari X-Prize was announced for a privately financed craft to fly into space. That means inspiring the likes of Felix Kramer, a California Internet entrepreneur who hopes to partner with a big auto company to create a high-mileage car. That's what his CalCars team did in September 2004, when it developed the prototype of a Toyota Prius with an electric cord. The extra reliance on electric power gives the "Prius-plus" better than 80 miles per gallon.

Note: In 2002, the London Times reported on a new Toyota that got over 100 mpg which was due to hit the market. Yet the car mysteriously disappeared: http://www.WantToKnow.info/carmileage. For an abundance of information on suppression of new energy technologies: http://www.WantToKnow.info/newenergyinformation


"Double Crystal Fusion" Could Pave the Way for Portable Device
2006-02-13, Rensselaer Polytechnic Institute
http://news.rpi.edu/update.do?artcenterkey=1358&setappvar=page(1)

Researchers at Rensselaer Polytechnic Institute have developed a tabletop accelerator that produces nuclear fusion at room temperature, providing confirmation of an earlier experiment conducted at the University of California, Los Angeles (UCLA). The device, which uses two opposing crystals to generate a powerful electric field, could potentially lead to a portable, battery-operated neutron generator for a variety of applications, from non-destructive testing to detecting explosives and scanning luggage at airports. The device is essentially a tabletop particle accelerator. At its heart are two opposing “pyroelectric” crystals that create a strong electric field when heated or cooled. The device is filled with deuterium gas — a more massive cousin of hydrogen with an extra neutron in its nucleus. The electric field rips electrons from the gas, creating deuterium ions and accelerating them into a deuterium target on one of the crystals. When the particles smash into the target, neutrons are emitted, which is the telltale sign that nuclear fusion has occurred. The new study also verified the fundamental physics behind the original experiment. This suggests that pyroelectric crystals are in fact a viable means of producing nuclear fusion, and that commercial applications may be closer than originally thought.

Note: Why was this fascinating news not reported in the major media? For more, see our New Energy Information Center at http://www.WantToKnow.info/newenergyinformation


Iceland's hydrogen buses zip toward oil-free economy
2005-01-14, Detroit News (Detroit's leading newspaper)
http://www.detnews.com/2005/autosinsider/0501/14/autos-60181.htm

Hydrogen, tested in buses from Amsterdam to Vancouver ... is a clean power that promises to break dependence on oil and gas -- at least in Iceland. With almost unlimited geothermal energy sizzling beneath its surface, Iceland has an official goal of making the country oil-free by shifting cars, buses, trucks and ships over to hydrogen by about 2050. About 70 percent of Iceland's energy needs ... are already met by geothermal or hydro-electric power. Only the transport sector is still hooked on polluting oil and gas. The world's first hydrogen filling station, run by Shell, opened in Reykjavik in April 2003. Hydrogen bus projects have also been launched in cities including Barcelona, Chicago, Hamburg, London, Madrid, Stockholm, Beijing and Perth, Australia. The efficiency of the hydrogen fuel cells will decide if the ventures take off into the wider car market. "The idea is that the buses should be twice as efficient as an internal combustion engine," said Jon Bjorn Skulason, general manager of Icelandic New Energy Ltd. Greater engine efficiency would compensate for the inefficiency of producing hydrogen. Iceland's buses, made by DaimlerChrysler, cost about 1.25 million euros ($1.67 million) each, or three to four times more than a diesel-powered bus, Skulason said. It takes about 6-10 minutes to refill a hydrogen bus, giving a range of 240 miles. [A] Reykjavik bus driver said diesel and hydrogen buses were similar to drive. "But the hydrogen bus is less noisy."


Blame the feds for fuel economy figures that don't match real world
2004-05-19, WantToKnow.info/Detroit News
http://www.WantToKnow.info/040519fueleconomymonitors

Honda Motor Co. and Toyota Motor Co. are probably wishing they’d never put those fun fuel economy monitors in their gasoline-electric hybrid vehicles. The displays are causing angst among some owners who aren’t getting the miles-per-gallon performance posted on their window sticker. Frustrated consumers are asking dealerships to “fix” their vehicles. Pete Blackshaw of Cincinnati is chronicling his dismay publicly in his own Internet blog. He says Honda is ignoring his claim that he’s never gotten more than 33 mpg in his Civic Hybrid. The combined city/highway rating from the car’s window sticker is 47.


Ikea joins Big Clean Switch to offer 100% renewable energy tariff
2018-02-20, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/business/2018/feb/20/ikea-joins-big-clean-switch-...

Ikea is calling for households to join its latest joint venture – a collective energy switch that promises an exclusive 100% renewable electricity tariff. The furniture retailer has joined forces with the “Big Clean Switch” campaign to use a collective switch to secure cheaper green power for the households that sign up. The two companies claim it will save a typical UK household Ł300 a year in lower gas and electricity bills. Big Clean Switch describes itself as a “profit with purpose” company that helps people move to renewable electricity providers. Its website only list tariffs where the supplier can guarantee that 100% of the electricity sold is matched from renewables such as sun, wind and water. Big Clean Switch will then negotiate the best deal it can with green suppliers, at which point customers can choose to sign up. The prices will be announced on 6 March. For every switch, Ikea will receive a commission payment. It remains to be seen whether this big switch will undercut the cheapest 100% green electricity suppliers already available. Anyone can switch to a green supplier via a comparison site. Tonik is one of the cheapest green suppliers at the moment. People’s Energy is another. Consumers have nothing to lose by registering with the Ikea initiative, but will have to decide when the prices are announced whether this is better than the deals on offer. In the past, some collective switches have been “best in market” offering big savings, but others have not.

Note: For more along these lines, see concise summaries of deeply revealing energy news articles from reliable major media sources.


This Is the Fastest Growing Job in the U.S.
2017-05-08, Fortune
http://fortune.com/2017/05/08/solar-panels-fastest-growing-jobs-us/

As the solar industry continues to grow, so do its job opportunities. It's no surprise then that the fastest-growing job in the U.S. between 2012 and 2016 was for a solar photovoltaic installers or someone who assembles solar panels on roofs. The job pays about $42,500 a year. Overall, the U.S. added 211,000 jobs in April, MarketWatch reports. This is an overall increase in employment, but some states and industries performed better than others. The second fastest-growing field was for mathematics and computer jobs, two of the fields that fall under STEM. Out of all 50 states, Michigan performed the best in this field—boasting a 200% increase in computer and information research scientists between 2012 and 2016. Other industries also saw growth - namely personal care jobs and skincare specialist occupations. For example, in Utah, the number of personal care aids increased 313% to 6,780 jobs. But the salary isn't great: MarketWatch reports those positions only pay $21,890 per year. Meanwhile, in North Carolina, the number of skincare specialist grew 187% to 890 positions. The average salary is $33,760.

Note: The above article does not mention that the solar power industry in the US now employs more workers than the coal, oil and natural gas industries combined.


Big Business Pushes Coal-Friendly Kentucky To Embrace Renewables
2017-04-17, NPR
http://www.npr.org/2017/04/17/523763826/big-business-pushes-coal-friendly-ken...

Kevin Butt's job is to find cleaner ways to power Toyota. One of the hardest places to do that is at the automaker's sprawling plant in central Kentucky, a state where nearly 90 percent of electricity still comes from coal. A few years ago, Toyota decided that by 2050 all of its operations, all around the world, should be zero-carbon. It's part of a larger business shift. In Kentucky, General Motors, Ford, Walmart, L'Oreal and others also have big goals to reduce emissions. "There's not enough renewable energy being manufactured right now for all of us to do what we say we want to do," Butt says. "The future is renewables and the large corporations that want renewables," says Jim Gardner, who used to regulate power companies as a member of Kentucky's Public Service Commission. Two years ago, Gardner was struck by an encounter with a local man who worked remotely for Facebook. He told Gardner that big corporations were actually deciding where to expand based on where they could get renewable energy. "He made it seem like there was ... a list with a lot of states with big X's marked in," says Gardner, "so that Facebook and others were not looking because [some states] were not going to be open to renewables." The Public Service Commission worried the state was missing out. It quietly issued an official statement — "a clear signal to people outside of the state," says Gardner - that if a big customer wanted renewable energy, Kentucky's utilities could cut a special deal to provide it.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Can America's first floating wind farm shake off environmental concerns?
2016-06-21, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/sustainable-business/2016/jul/31/california-wind-...

The deep waters off the coast of California could become home to the country’s largest offshore wind energy project. The 765-megawatt project, proposed by ... Trident Winds, would sit about 25 miles off California’s central coast. If built, it will be larger than the 630-megawatt London Array off the coast of Kent, – the world’s largest working offshore wind farm. The [US currently] has no offshore wind farms, though a number of projects are in the research phase. Trident is proposing an unprecedented project in a state that has frowned on coastal energy development ever since a 1969 blowout at an offshore oil drilling platform near Santa Barbara, which released more than 3m gallons of crude oil into the waters. California has some of the world’s toughest coastal development regulations. To win government approval, Trident will have to prepare a lengthy report to investigate the potential environmental impact of its project.

Note: Demand for energy from wind and solar sources is soaring despite the bargain price of fossil-fuels.


Japan's Shinkansen Bullet Train Turns 50
2014-10-01, ABC News/Associated Press
http://abcnews.go.com/International/wireStory/japans-shinkansen-bullet-train-...

Zipping cross-country in a super-high speed train has become commonplace in many countries these days, but it was unheard of when Japan launched its bullet train between Tokyo and Osaka 50 years ago Wednesday. The Shinkansen, as it's called in Japan, gave a boost to train travel in Europe and Asia at a time when the rise of the automobile and the airplane threatened to eclipse it. The first bullet train, with its almost cute bulbous round nose, traveled from Tokyo to Osaka in four hours, shaving two and a half hours off the 513-kilometer (319-mile) journey. The latest model, with a space-age-like elongated nose, takes just two hours and 25 minutes. The first Shinkansen had a maximum speed of 210 kilometers (130 miles) per hour. The fastest trains previously, in Europe, could reach 160 kph. Today's bullet trains, in Japan and elsewhere, have reached and in some cases exceeded 300 kph (186 mph). By average speed, China has the fastest train in the world, averaging 284 kph. Turkey last year became the ninth country to operate a train at an average speed of 200 kph. South Korea and Taiwan also operate high-speed systems in Asia. The fastest train in the U.S., Amtrak's Acela Express, averages 169 kph (105 mph) on a short stretch between Baltimore and Wilmington, Delaware. Shanghai launched a German-built maglev train in 2004 on a 30-kilometer route between the city and the airport. It can hit 430 kph (267 mph). A Japanese maglev train in development has topped 500 kph (310 mph) in tests.

Note: Gas and oil interests have lobbied hard to keep Americans wedded to their cars and stop the development of high-speed trains. For more on this, see this excellent article and concise summaries of deeply revealing news articles on suppressed energy inventions from reliable major media sources.


Refusing to be Muzzled by LA Auto Show, AFS Trinity Pulls 150 MPG SUV out of Show
2008-11-07, MarketWatch (A Wall Street Journal Digital Network Website)
http://www.marketwatch.com/news/story/Refusing-Muzzled-LA-Auto-Show/story.asp...

AFS Trinity Power Corporation today announced it pulled its 150 MPG plug-in hybrid SUV prototypes out of the LA Auto Show but will independently exhibit and demonstrate the super fuel-efficient vehicles on their own elsewhere in downtown LA during the show. The company's decision followed actions by the LA Auto Show to muzzle AFS Trinity from highlighting the 150 miles per gallon fuel economy of its XH150 prototype vehicles. "The suppression by the automakers of information about technologies such as this raises serious questions about the judgment, vision, intentions and capabilities of the leadership of these companies," said Edward W. Furia, Chairman and CEO of AFS Trinity. "Such conduct by the automakers, who are currently seeking tens of billions of taxpayer dollars, ostensibly to develop fuel efficient vehicle technologies, is evidence they are reluctant to embrace solutions they didn't invent." First shown at the North American International Auto Show (NAIAS) in Detroit in January, 2008, two XH150 prototypes have toured the country for the last ten months and received positive reactions from the American public, national media, public officials, governors, ... members of Congress as well as automotive fleet managers and engineers in Austin, Salt Lake City, Philadelphia, Washington D.C., Seattle, Livermore and Sacramento. Furia explained that, when AFS Trinity sought exhibition space on the main floor of the LA Auto Show, the only space that show management offered was the Kentia Hall basement.

Note: The LA Auto Show is "owned" by the Greater Los Angeles New Car Dealers Association, which, in turn, is closely associated with the major auto makers in Detroit. For lots more exciting developments in automotive and new energy technologies from reliable, verifiable sources, click here.


Senators Try to Limit Fuel-Efficiency Rules
2007-06-14, Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2007/06/13/AR20070613022...

Allies of the U.S. auto industry stepped up a campaign yesterday to soften strict vehicle fuel-efficiency mandates in proposed energy legislation before the Senate, even as momentum for the tougher measures continued to build. Auto lobbyists said they were encountering stiff resistance on Capitol Hill. They said they felt like the industry was being punished for what one called the "sins of the past" -- successfully beating back attempts to make major changes to the nation's vehicle mileage laws. Yesterday, Sen. Dianne Feinstein (D-Calif.) defended the current bill, arguing that it would provide flexibility for automakers. "There are all kinds of dire warnings," Feinstein said. "The fact of matter is that Detroit has done nothing about mileage efficiency for the past 20 years, and the time has come."

Note: It is also worth noting that Congress itself has done nothing to mandate higher fuel efficiency in cars over the last twenty years. For a highly revealing article showing that while other industries have had many major breakthroughs and huge technological advances over the decades, automobile makers for some strange reason have been unable to improve car mileage since the days of the Model T, click here.


Russia suspects US plans to monopolise fuel from moon
2007-05-02, Sydney Morning Herald (Australia's leading newspaper)
http://www.smh.com.au/news/world/russia-suspects-us-plans-to-monopolise-fuel-...

Mankind's second race for the moon has taken on a distinctly Cold War feel, with the Russian space agency accusing its old rival NASA of rejecting a proposal for joint lunar exploration. The charge comes amid suspicion in Moscow that the US is seeking to deny Russia access to an isotope in abundance under the moon's surface that many believe could replace fossil fuels and even end the threat of global warming. A new era of international co-operation in space supposedly dawned after the US, Russia and other powers declared their intention to send humans to the moon for the first time since 1972. But while NASA has lobbied for support from Britain and the European Space Agency, Russia says its offers have been rebuffed. While the Americans have been either coy or dismissive on the subject, Russia openly says the main purpose of its lunar program is the industrial extraction of helium-3. Some scientists say helium-3 could be the answer to the world's energy woes. As helium-3 is non-polluting and effective in tiny quantities, many countries are taking it very seriously. Germany, India and China, which will launch a lunar probe to research extraction techniques in September, are all studying ways to mine the isotope. "Whoever conquers the moon first will be the first to benefit," said Ouyang Ziyuan, the chief scientist of China's lunar program. Many in Moscow's space program believe Washington's agenda is driven by a desire to monopolise helium-3 mining. The plot, says Erik Galimov, of the Russian Academy of Sciences, would "enable the US to establish its control of the energy market 20 years from now and put the rest of the world on its knees as hydrocarbons run out".


Silicon Valley Takes On Detroit
2006-07-22, CBS News
http://www.cbsnews.com/stories/2006/07/22/eveningnews/main1826843.shtml

At a glittering Los Angeles party, an ambitious new car maker declared the electric car alive and well. The Tesla Roadster, which can go from 0 to 60 mph in 4 seconds doesn't come from Detroit, but from high tech Silicon Valley aiming to do what Detroit couldn't -- make a commercially successful car that doesn't burn gas. "Electric cars don't have to be little, pathetic commuter cars," says Martin Eberhard, CEO of Tesla Motors. "They can be quick and they can be desirable." Eberhard made millions in the computer industry, then convinced other high tech investors like Elon Musk, the founder of PayPal, to put in big money. Musk expects huge rewards if Silicon Valley can break Detroit's grip on the U.S. auto industry. "It's batteries, it's drive electronics, it's electric motors," says Musk. "Those are skills that are present in Silicon Valley and not present in Detroit." There's a quick charger for the Tesla's lithium batteries but the car can be plugged in anywhere. It'll go 250 miles on a single charge -- at a cost the company says, of just 1 cent a mile. Tesla expects to quickly sell its first 100 cars for $100,000 each. But, don't give up. The company also has plans for a car for the rest of us. Tesla promises a less expensive four-door family car within three years. For now, however, it's the rich and famous who are getting a charge out of this electric car, such as Gov. Arnold Schwarzenegger, who tried out the car and had two words to say: "Very Nice."

Note: Don't be surprised if this technology inexplicably disappears as so many others have, like the once heralded 100 MPG Toyota Eco Spirit back in 2002. For lots more reliable information on the suppression of new energy inventions, see http://www.WantToKnow.info/newenergyinformation.


Top oil firms expected to report huge earnings
2006-04-25, MSNBC/Associated Press
http://msnbc.msn.com/id/12484314/

The country’s three largest oil and gas companies are expected to report combined first-quarter profits this week in excess of $16 billion, a 19 percent surge from last year. Elected officials are scrambling for ways to assuage angry consumers and businesses. President Bush on Tuesday gave the Environmental Protection Agency the authority to temporarily waive regional clean-fuel regulations to promote greater gasoline-supply flexibility, but members of Congress have other ideas. Some are renewing calls for a windfall profits tax and some want federal regulators to investigate industry consolidation. Still others are threatening hearings and expressing outrage at how the industry invests cautiously in new refining capacity yet rewards its executives lavishly. The combined earnings expected from ConocoPhillips, Exxon Mobil Corp. and Chevron Corp. will be 14 times greater than the combined first-quarter profits of Google Inc., Apple Computer Inc. and Oracle Corp. Analysts say full-year profits for the oil majors are likely to surpass the record-setting earnings of 2005, when Exxon reported a $36.13 billion profit -- the highest ever for a U.S. company.


The Hutchison Effect: The Race to Zero Point
2006-04-16, New Energy Video
http://stream.osen.org/aag/Hutchison_RaceToZeroPoint.wmv

The above link is not a news article, but rather a fascinating 12-minute video demonstrating inspiring new energy technologies. I have seen the longer, full video, which is one of the best videos available covering this exciting field. For more on the full video, see http://www.WantToKnow.info/resources#free. For an excellent two-page summary of the new energy field, see http://www.WantToKnow.info/newenergysources.

Note: The Guardian also had an article on this amazing technology last year. See the link below:
http://www.guardian.co.uk/uk_news/story/0,,1481009,00.html


Big Oil's Big Windfall
2006-03-28, New York Times
http://www.nytimes.com/2006/03/28/opinion/28tue1.html?ex=1301202000&en=c70b43...

A public already groaning under huge deficits does not need more red ink. An oil industry already rolling in record profits does not need more tax breaks. But both are sure to happen unless some way can be found to claw back from a decade's worth of Congressional and administrative blunders, aggressive lobbying and industry greed. According to a detailed account in Monday's Times...oil companies stand to gain a minimum of $7 billion and as much as $28 billion over the next five years under an obscure provision in last year's giant energy bill that allows companies to avoid paying royalties on oil and gas produced in the Gulf of Mexico. The provision received almost no Congressional debate, in part because Congress was lazy and in part because the provision was misleadingly advertised as cost-free. A court decision in 2003 effectively doubled the amount of oil and gas exempted from royalties. Then the Bush administration offered special exemptions for "deep gas" producers, drilling more than 15,000 feet below the sea bottom. Then came the 2005 energy bill, which essentially locked in the old incentives for five more years.


Novel approach to concentrating sunlight could cut solar panel costs
2006-04-25, Technology Review
http://www.technologyreview.com/read_article.aspx?id=16736&ch=biztech

The main limitation of solar power right now is cost, because the crystalline silicon used to make most solar photovoltaic (PV) cells is very expensive. One approach to overcoming this cost factor is to concentrate light from the sun using mirrors or lenses. But traditional light concentrators are bulky and unattractive. Now Prism Solar Technologies...has developed a proof-of-concept solar module that uses holograms to concentrate light, possibly cutting the cost of solar modules by as much as 75 percent, making them competitive with electricity generated from fossil fuels. The panels, says Rick Lewandowski, the company's president and CEO, are a "more elegant solution" to traditional concentrators, and can be installed on rooftops -- or even incorporated into windows and glass doors. A layer of holograms...directs light into a layer of glass where it continues to reflect off the inside surface of the glass until it finds its way to one of the strips of PV silicon. Reducing the PV material needed could bring down costs from about $4 per watt to $1.50 for crystalline silicon panels. The company is expecting to...start manufacturing its first-generation modules by the end of the year, selling them at about $2.40 per watt. CEO Lewandowski says the holographic modules will cost about $1.50 per watt in a few years, using their second-generation technology. At that price, they'll start to compete with fossil fuel-generated electricity, which now costs almost three times less than conventional solar electricity.


Renewable Energy Faces Funding Cuts
2006-09-15, CBS News/Christian Science Monitor
http://www.cbsnews.com/stories/2006/09/15/tech/main2013856.shtml

The U.S. Department of Energy (DOE) is quitting the hydropower and geothermal power research business -- if Congress will let it. Declaring them "mature technologies" that need no further funding, the Bush administration in its FY 2007 budget request eliminates hydropower and geothermal research. "What we do well is research and funding of new, novel technologies," says Craig Stevens, chief spokesman for the DOE. "I'm just astonished the department would zero out these very small existing budgets for geothermal and hydro," says V. John White, executive director of the Center for Energy Efficiency and Renewable Technologies. "These are very important resources for our energy future that could replace the need for a lot of coal-fired power plants." Indeed, the costs of lost opportunities from dropping such research could be enormous in the long run. Geothermal holds vast potential -- at least 30,000 megawatts of identified resources developable by 2050. Meanwhile, the more than 5,400 potential "small hydro" power projects could produce about 20,000 megawatts of power, a DOE study in January found. And most would require no new dams at all, shunting a portion of a small river's flow to one side to make electricity. Others would add turbines to dams that don't have them yet. Together, high-tech hydropower and geothermal resources could contribute at least enough power to replace more than 100 medium-size coal-fired power plants with emissions-free electricity.


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