Posts Tagged greener energy

Alternative Energy Investments

alternative energyWith the alternative energy industry now reaching an annual turnover over of $9.2 billion pounds it is pretty easy to understand why the modern day investers are filling up their portfolios with energy stock investments. The long term growth of these investments is pretty good looking as we sail in to the 21 century.
It is true to say that if you where to invest in a new start-up green electricity company you could be investing in the Apple Mac or Google of our generation in terms of return in investment, people are getting fed up with rising fuel costs and by investing in these new alternative energy sources you would be acting as a market maker for the people who want to be receiving more green electricity and paying less on their energy bills.

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You don’t get power much greener than this

Waitrose supermarket in Rickmansworth are using tomatoes to generate power for their store.

I will just direct you to the article itself but I thought this was amazing!

It will help reduce the amount of hydro and wind power stations if it can be managed on a large scale!

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Blocked: Isle of Lewis Wind Farm

Local people pressure executive to say no

Today BBC1 news announced that the Scottish Executive2 plan to block the Isle of
Lewis wind farm proposal.

The Scottish Executive bowed to mounting pressure from the local people of Lewis and will block the planning application for the wind turbines. Residents of Lewis complained that the turbines would affect tourism and damage the wild life of Lewis, Lewis is home to Scotland’s largest population of birds.

The future of renewable energy in Scotland

What does this mean for the future of green energy in Scotland? It will become more difficult for energy companies to set up renewable energy sources in Scotland, future coastal wind farms can be blocked on the grounds of that it is an eyesore. Wind farms are not the best looking thing to have dotted across your coast however it is a trade off with cleaner full. I am sure most, when looking at the bigger picture, would agree that it is fair sacrifice to lose untainted coast lines in order to help preserve the environment as a whole; it is that or lose the coastlines altogether.

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The new EU energy plan of action

How will the new EU energy plan affect the UK

The European Commission President Jose Manuel Barroso revealed his plan of action to reduce the EU’s selling the plan as “the first economy for the low-carbon age”. Barroso wants the whole of the EU to reduce its green house gas by 20% by 2020.

Wind

What does this mean for Britain, well first things first we would need to decide on what methods we would use to help bring down the countries green house gas. Being an island the UK’s first choice of renewable energies would be wind. Business Secretary John Hutton announced that UK government wanted to see enough offshore wind farms to power the all UK homes. Obviously this will lead to a slight decline in the quality of our seaside views but think of the good it will do for the environment as a whole. There are already some companies offering wind powered electricity.

Tidal

Another option the UK has a tidal barrage1, a tidal barrage on the Severn estuary would contribute more that any of the other renewable sources. However this comes with a price, 15 billion pounds! Due to its massive price and the time it takes to set up, I fear that no matter how energy efficient a tidal barrage is, it will always be the last option. However, hydro electricity is being used by some energy providers in the UK.

Biofuel

You will find a brief run down of what biofuel are at wiki2. Basically it is a fuel made from living things or the waste that they produce. This sort of fuel was used in World War II but the cheap price of crude oil caused it to be knocked back to second place. The UK would make it’s biofuel from plants specifically grown for this purpose, e.g. maze. Although biofuels still release CO2, this is counter balanced by the plants absorbing CO2; though you still need to burn fuel to harvest and manufacture the biofuel. Even with the expenditure of fuel to harvest and manufacture biofuel, biofuel is believed to reduce green house gases by 30% – 40%. A downside to biofuel is that it may lead to entire areas of Britain’s countryside being turning into farms for biofuel crops. There are some companies just now who are offering biofuel as an alternative energy3 but not many at the moment.

So what does this mean

Well, I am not sure if you notice from reading this article but no matter what we do to try reduce our greenhouse gases one way or the other we will need to trade off our British landscape for our green goals. In addition to that we will need to pay financially, Barroso believes that it will cost everyone approximately £2.10 per week4 to reach the goals set by the EU, it will be up to the public to decide if that is a fair price for a richer environment.

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