Southern Indiana Renewable Energy Network

 

Renewable Energies Versus Fossil Fuels

 

 

I.                    There are many problems with our current dependency on the use of fossil fuels. 

                

A.    Our dependency on fossil fuels is expensive with “hidden costs” totaling close to  $590 billion a year.  Figures cited include:

1.      Approximately $25 billion is spent on military defense of our oil interests in the Middle East each year..

2.      In 2006 approximately $32 billion was spent on tax breaks and government subsidies to the fossil fuel industries each year. **As of January 2007, the House rescinded a bill giving oil drillers $14 billion in tax breaks and subsidies and plans to reserve this money to develop alternative energy projects and conservation technologies.

3.      In 1998 the US paid approximately $45 billion for its imported oil. By 2007, this figure had risen to approximately $400 billion. Estimates for 2008 are $440 billion.  See http://www.allbusiness.com/ energy-utilities/oil-gas- industry-oil-processing/ 7311838-1.html

4.      Approximately $150 billion is spent on damages from fossil-fuel-related air pollution, oil spills, etc. each year.

5.      The war in Iraq was not figured into the 590 billion figure. If the cost of the war is counted, the true expense is immeasurable.

 

B.    Fossil fuel generated gases are adding to the problem of global warming and they create unnecessary potential for environmental disasters.

1.      Even though gasoline and industry emissions are cleaner than they were 35 years ago, unnecessary, heat-trapping gases are still being sent into the atmosphere.

2.      The process of turning fossil fuels into energy is remarkably inefficient and the emissions produced are a result of a waste of energy due to incomplete fuel combustion of some type or another. Not only is the conversion process inefficient, the use of this type of energy is, itself, very inefficient; the emissions produced by cars and trucks are also a result of incomplete fuel combustion. When electric energy is transmitted long distances over the power grid, only 35% percent of what is originally sent actually reaches the consumer.

3.      Oil spills happen on a routine basis – only the large ones are reported in the news.

1.      Citing statistics from the Alaska Department of Conservation, from 1996 - 2000 the Trans-Alaska and Prudhoe Bay oil fields caused an average of 427 oil spills annually.

2.      In 1999, the two top oil spill “hot spots” were the Gulf of Mexico and the northeastern US.

3.      In 2002 the National Research Council (NRC), U.S. National Academy of Science, reported the average amount of oil spilled into the world’s oceans each year at 1.3 million tons.

 

C.    The long-term world oil supply forecasts are not really very long-term.

1.      In 1996 the American Petroleum Institute released the following figures regarding the world oil reserves. The estimated amounts of oil were enough to maintain 1996 production levels for more than 44 years, or to maintain growing oil consumption and economic growth for only 20 more years. If probable oil reserves are included in this time projection we may have enough oil for 60 – 90 years.  Twelve years have already elapsed since then.

2.      When factoring in the relatively recent demand for oil and other energies from the burgeoning and newly affluent populations of China and India, the forecast for the long-term oil supply dwindles quite rapidly.  

3.      Sources indicate the Arab hesitancy to increase production is because their oil fields are depleted more than the Saudis will admit.

4.      The big oil companies have a record of lying about their reserves. They “over-book” their reserves; stock prices go up and CEOs make more money.

5.      Oil is integrated into the production of everything in our everyday lives from the clothes we wear, the gas we buy, to the food we eat, etc. The higher cost of obtaining oil is having a severe impact on our current oil-based economy.  Imagine the consequences if the oil supply dries up completely.

         

II.                  Alternative, renewable energy sources – why they are not readily available, why they should be, and several on the forefront of today’s alternative energy search.

 

A.    There have been many barriers to alternative energy sources.

1.      In the past 35 years, compared to the billions spent on the fossil fuel industry, very little has been spent on energy efficiency and alternative energy development.

2.      The Reagan-Bush administration of the 1980s cut funding for alternative energy research and development by 90% and adequate funding has not been made available since then. This has now begun to change.

3.      The lack of adequate government subsidies has impeded economical development and public awareness regarding the availability of these choices.  Sources at the Energy Division of the Union of Concerned Scientists state “if alternative energy industry subsidies were comparable to the those of the fossil fuel industries, this technology would be more affordable and available to the general public right now.”

4.      Memories of earlier alternative energy technology failures have also been a problem. Today’s alternative energy technologies are more reliable, produce better results and are fast becoming more economically comparable with fossil fuel technologies.

 

B.    There are several good reasons to pursue alternative energies.

1.      Sources for renewable energies are more evenly distributed around the globe than fossil fuels, and are not subject to the control of just a few nations.

2.      Newer, more reliable technologies and solid production results for alternative energies offer safer investment opportunities for the future.

3.      Compared with fossil fuel energies, alternative energy sources produce little or no environmental and atmospheric pollution. 

                        

C.    There are many cutting edge alternative energy technologies in use and in development today. Listed below are wind, solar power, fuel cell and ocean power.                

1.      Wind energy is one of the fastest growing alternative sources of electricity in industrialized nations today.

a.      Global wind energy potential is roughly five times the current global electricity use today.

b.     In some parts of the world, wind energy technology is producing electricity at 4-6 cents a kilowatt-hour. This is cost competitive with most new hydropower fossil fuel technologies.

c.      Wind power is non-polluting – it does not produce air pollution, greenhouse gases or acid rain.

d.     Wind farms can be built to fit capacity needs.

e.      Wind farms can be installed within a few months without tying up large amounts of investment dollars.

f.        If wind farms were developed on 0.6% of land in the continental U.S., 20% of U.S. power needs could be supplied while, at the same time, allowing use for livestock grazing and agriculture. By comparison, in 2007, 4.0% of our land is used exclusively just to grow corn.

g.     According to the Global Wind Energy Council, if all wind-friendly policies currently being studied are adopted by 2030, up to 29% of the worlds electricity could be wind generated.

2.      Solar power is the sun’s inexhaustible gift to us.  

a.      The sun provides the Earth with more energy every minute than the total global population uses in an entire year.

b.     Solar energy is non-polluting – it does not produce air pollution, greenhouse gases or acid rain.

c.      Depending upon the type of solar energy technology used, it can be installed relatively quickly.

d.     Solar cells produce electricity while remaining intact and are indefinitely reusable.

e.      Solar cells are silent, highly reliable, fuel free, recyclable, can be mass-produced and are suitable for utility or consumer use.

f.        Recent concentrator solar cell technology has created an earlier price competiveness with the fossil fuel industry than original time projections.

g.     Initial installation is expensive, but there are programs available to help offset the costs.  Depending upon the type of technology and amount of sunlight, solar panels usually pay for themselves within two to ten years. Newer technologies offer promise to bring costs down to be competitive with current electricity rates.

3.      Fuel cells offer tremendous benefits for energy production.

a.      Unlike a battery that stores energy, fuel cells produce electricity on demand.

b.     Fuel cells are non-polluting – they do not produce air pollution, greenhouse gases or acid rain.

c.      Fuel cells can be built to fit capacity needs.

d.     The hydrogen fuel cell solves the problem of energy storage for other types of alternative energies such as solar and wind.

e.      Fuel cells offer solution for providing electricity to rural areas and developing nations.

f.        Fuel cells offer an efficiency rate of about 70% - close to twice that of current grid-transmitted power.

g.     Fuel cells function independently and offer greater reliability – if a fuel cell malfunctions, only that user is affected. Widespread power outages could become a thing of the past.

4.      Ocean/wave power technology harnesses the power of the oceans.

a.      Less intrusive, more predictable and reliable than many current energy technologies.

b.     Scalable from hundreds of kilowatts to hundreds of megawatts.

c.      Located several miles offshore; no more noticeable than a fleet of small fishing boats.

d.     Designed to maximize power from the more typical, average wave than the infrequent intensities experienced during stormy periods.

e.      Less expensive overhead than some technologies; the main required ingredient – ocean water – is free

f.        Visit this website for more information on wave technology: http://www.eere.energy.gov/ consumer/renewable_energy/ ocean/index.cfm/mytopic=50009

 

III.                The use of alternative energies makes good economic sense.

A.    According to the Global Wind Energy Council (GWEC), the annual global growth rate for wind energy is approximately 32%. During the 1990s only 1% of wind energy growth took place in the U.S. Currently the U.S. is leading the world in new wind installations and has the potential to become the world leader by 2010.

B.    In 2006-2007 solar energy accounted for an estimated 1% of the global energy market with the photovoltaic cell industry maintaining an almost 40% growth rate.  These growth rates can be compared to other lifestyle changing technologies such as the computer, CD/DVD, and cell phone.                 

C.    The Wind Energy Association states that U.S. wind energy potential is enormous considering the vast resources throughout the Plains states and has called the U.S. the “Saudi Arabia of wind.”

D.    Alternative energies offer potential for profits, competitive advantage, opportunity and innovation.  All are things that fuel an economy.

E.    Each energy transition – from wood to coal, coal to oil and oil to natural gas – has produced more efficient energies as well as an explosion of jobs and economic growth.