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Building a Sustainable World
 

Building a Sustainable World

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Building a Sustainable World

Building a Sustainable World

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  • $1 - 2 trillion in solar energy $1 trillion in a new power grid $2.5 trillion in fuel saving cars $1 trillion in new electric motor and battery technology for cars and other appliances $1 trillion in developing safe nuclear energy to power the hydrogen economy This is a once in a lifetime opportunity!
  • Solar power is a primary energy source, powering almost all life on earth, and providing more than 20,000 times more energy in a day than humans use in a year. With a vigorous and committed investment in research and adoption, 25% of all electricity, and 50% of new electricity, could be provided by solar power by 2025. Currently less than 1% of electricity comes from solar energy, and even with 25% CAGR, it will be at least 10 to 15 years before a significant fraction of our electricity is generated from solar, with most of the growth occurring between 2020 and 2025, after we reach 10% adoption (estimated at 2020). In order to affect a substantial contribution of solar power into our total energy mix will require the type of commitment that California has just made with its ‘Million Solar Roofs’ Initiative, which will help subsidize the cost of bringing solar energy to one million homes in California by 2017. This will help propel California to become a leader in the solar energy economy, including investment in research to develop higher efficiency / lower cost thin film silicon technology.
  • Wind power is real power. Germany and Europe have made significant investments in wind, where it can supply as much as 40% of electrical demands (peak power). Using methane as backup / peaking power and wind as a primary source. The cost of wind makes it very attractive – new GE wind turbines with 3.6 MWhr sell for 3.6 million dollars, or roughly $1 a watt, and at least 5 to 10 times cheaper than solar installations.

Building a Sustainable World Building a Sustainable World Presentation Transcript