On Jul 16, 2007, at 3:07 AM, Michel Jullian wrote:

The article below from today's NYT throws some light on the reasons why US energy research funding doesn't make sense.

http://www.nytimes.com/2007/07/16/business/16solar.html? _r=1&th=&emc=th&pagewanted=all

It is really all a matter of where prices are heading, a subject about which the author seems to have no grasp. See:

http://www.mtaonline.net/~hheffner/EnergyCosts.pdf

Solar has been experiencing exponential growth and price drops for some time and will continue to do so. The price of energy is going up. Solar will soon be competitive with coal steam turbine (for many applications, especially car battery charging), based on manufacturing capacity increases alone. It appears solar panels have already beat the sterling engine solar collector game by a large margin.

Effective energy storage systems are just now coming into the picture, and can change things dramatically. The problem is developing the political will to make things happen fast in the face of lobbying which not in the best interest of the public, a fact the author covered well. One of the arguments against making things happen fast is typically protecting jobs. The fact is, there are few jobs in the energy industry at present compared to the number that could be generated by replacing the cost of mining energy (low local labor intensity) with the cost of producing equipment to manufacture it from a free source and install and retrofit existing real estate and vehicles (high local labor intensity). The key to making things happen right may be to simply get the message to the people.

Horace Heffner
http://www.mtaonline.net/~hheffner/



Reply via email to