PG&E Pushing for Pumped Hydro Energy Storage
CALMAC Supports Proposed Thermal Energy Cooling and Heating Act of 2009
U.S. Solar Industry had Successful 2009, according to study
SunTech & Trina Solar See Demand Rise
France Plans Cut in Solar Feed-in Tariff
Southern California Utilities New Billing Structure Increases Solar Financial Appeal in S.
Bosch Showcases Solar Powered Electric Bike
Solar Energy is Now Cheaper to Produce than Nuclear Energy
One Block Off the Grid (1BOG) Offers San Diego Residents Lowest Solar Price Ever Through G
Underground Wind Energy Storage gaining in popularity
Paul Detering of Tioga Energy on The Future of the Commercial Solar PPA
GE to Purchase 25,000 Electric Cars
IceEnergy Cooling With Ice Trial Begins in California
U.S. Gas Consumption sets New Record in March
Buick LaCrosse eAssist Debuts at LA Auto Show
Is Solar a More Viable Business now than it was in the 1970's?
Gary Gerber, CEO of Sun Light & Power, spoke with us about the circumstances surrounding solar in the 1970's, when he founded his company. He distinguishes those circumstances with those of today.
In the 70s, there were two mini-booms for solar, and they were both triggered by oil embargoes in 1973 and 1979. Under the Carter administration, when oil prices were rising, there were incentives for solar. However, OPEC (Organization of the Petroleum Exporting Countries) recognized that raising the price of oil was going to backfire since consumers or Americans would begin considering alternative energy, and as a result OPEC dropped the price of oil in 1980.
Back then, the world was not at peak oil, and therefore when oil prices dropped so did the demand for solar. However, the situation today is different than it was in the 1970's, and as Gary states, "We are now at peak oil." As a matter of fact, as stated by Eric Corey Freed, oil is expected to run out by 2040. We are now forced to turn to alternative energy sources not only because of the rising cost of oil or because of its environmental impact, but also because of the finiteness of this natural resource.
Recommended for Further Reading:
- PG&E Pushing for Pumped Hydro Energy Storage
- CALMAC Supports Proposed Thermal Energy Cooling and Heating Act of 2009
- U.S. Solar Industry had Successful 2009, according to study
- SunTech & Trina Solar See Demand Rise
- France Plans Cut in Solar Feed-in Tariff
- Southern California Utilities New Billing Structure Increases Solar Financial Appeal in S.
- Bosch Showcases Solar Powered Electric Bike
- Solar Energy is Now Cheaper to Produce than Nuclear Energy
- One Block Off the Grid (1BOG) Offers San Diego Residents Lowest Solar Price Ever Through G
- Underground Wind Energy Storage gaining in popularity
- Paul Detering of Tioga Energy on The Future of the Commercial Solar PPA
- GE to Purchase 25,000 Electric Cars
- IceEnergy Cooling With Ice Trial Begins in California
- U.S. Gas Consumption sets New Record in March
- Buick LaCrosse eAssist Debuts at LA Auto Show
Is Solar a More Viable Business now than it was in the 1970's? http://t.co/3m377CLa #eco #cleantech #greenbuilding #renewableenergy
http://t.co/UixwcvF Viability of solar: then and now #renewableenergy #energy #solar #sustainability #eco #greentech #ecotech #cleantech
Is Solar a More Viable Business now than it was in the 1970's? http://bit.ly/4kzuA2 #eco #cleantech #greenbuilding #renewableenergy
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