Monday, July 19, 2010

Efficiency Bright Spot in Otherwise Deflated Clean Energy Investment Market

Here's a piece from Colorado Energy News that explains a bit about why renewables aren't growing as fast as some (including this author) would like. There are a myriad of factors but one that sticks out in particular is the, "lack of policy guidance from the feds," as well as the pricing of carbon. A comprehensive, national renewable energy standard (RES) or a price on carbon levels the playing field so that Americans can do what they do best - make money. Without the national policy or a price on carbon the investment risk on renewable energy is just too high for investors.

The one bright spot in all of this is the focus on energy efficiency by the feds and the market. Energy efficiency is the low-hanging fruit - it has the quickest ROI of any of the renewable energy technologies and is the smart thing to do to your structure before you purchase any solar modules or wind turbines. Why would you want to waste any of the energy (whether it be fossil fuel or renewable) that you consume? So, get your place audited by an certified energy auditor then weatherize it, while lobbying your elected Congress person for a RES or carbon price so we can create a new energy economy today rather than tomorrow.

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Wishful Thinking

*Before adding PV, wind, or solar thermal to your residential or commercial structure, the first step is to analyze this structure's energy consumption through a professional energy audit. I'd like to see some public education on the importance of an energy audit for any structure. Remember Smokey the Bear's forest fire shtick drilled into our heads over the last few decades? How about something like, "Henry the House" desperately wanting to know how much energy he consumes and wastes throughout the day?

*With over 300 sunny days a year on the Front Range is it too much to ask for solar PV and thermal modules on every residential and commercial unit (after an energy audit of course)?


*How about affordable plug-in electric cars that go more than 100 miles on a charge with PV and wind powered recharging stations?

*Dreaming of companies large and small adopting business sustainability practices to maximize profits, reduce their carbon footprint, and enhance the lives of their employees and the communities that surround them.

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