As well as being approached to auction IP in this field of technology, IP Auctions have an increase of inquiries for this technology from corporations, IP attorneys and brokers, as well as Venture Capitalist and Seed Venture groups.
Thousands of careers forced to change and adapt in the new energy economy
Saudi Arabia is the world's largest exporter of oil. But as experts and WikiLeaks previously detailed--the country's oil supply may be fast dwindling and that has made renewable energy options, such as solar, that much more appealing. Just this week the country announced that construction of its largest solar power plant will be completed by September--and this just days after WikiLeaks reports about exaggerated oil quantities from the country hit the news. "The solar market in the Gulf region is still in its infancy," said Klaus Friedl, general manager of Phoenix Solar, the firm contracted to build the new solar plant. "There is, however, a huge potential for solar power plants in Saudi Arabia." The concern over oil shortages is no longer limited to supplying foreign countries--the rate of domestic consumption in Saudi Arabia is set to triple in the next 20 years to 120 gigawatts, which means that Saudis could foreseeably consume all of their oil just for themselves. "It's really a preservation decision using solar for domestic consumption and keeping your oil for more lucrative export markets," said Vahid Fotuhi, Middle East director of BP Solar. "Right now, out of the 8 million barrels per day they produce, over 3 million barrels per day are consumed domestically, mainly for power generation. That figure is growing 8 percent per annum," said Fotuhi.
Dow Chemical Co. plans to start commercial production of its Powerhouse solar power roof shingles this year
Dow Chemical Co. plans to start commercial production of its Powerhouse solar roof shingles this year, even before it starts operating its new plant in Midland, Mich. And it has high hopes that the shingles will not just succeed, but that they will become a mass-market product. Dow's thin-film copper indium gallium diselenide solar cells currently are manufactured on a flexible substrate by Global Solar Energy Inc. in Tucson. The cell is then integrated by Dow into a proprietary polymeric-based shingle using injection molding. Right now, Dow is making the shingles in limited quantities at its solar market development plant, in Midland, which is being retooled to support commercialization. "Dow has completed six pilot projects in various U.S. markets with new-construction builders and residential re-roofing contractors, said Pezolt. "A number of additional projects will be completed in the coming weeks," he said.
A Japanese inventor has created a machine suitable for home use that can turn plastic waste into fuel, a technological feat that could give us something to do with all the grocery sacks piling up under our kitchen sinks. The plastic in bags, bottles, caps and other packaging products is made from oil. Akinori Ito's machine turns it back to its original form via a carbon-negative process. It heats up the plastic, traps the vapors in a system of pipes and water chambers that cool the vapors and condense them back into crude oil, explains the website Clean Technica. The crude biofuel is suitable for use in generators and some types of stoves. It can be further refined into gasoline. The machine is sold by Ito's Blest Corporation and is praised for its efficiency: It can convert a kilogram of plastic waste into a liter of oil using a kilowatt-hour of energy. The current system costs $10,000, but Ito hopes the price will fall as demand and production rise. Ito's machine isn't the first to convert waste plastic into biofuel, but is gaining kudos for its size: It's built for home use. Other solutions are larger, such as the Envion Oil Generator, which is capable of processing 10,000 tons of plastic waste annually. Each ton of waste translates to three to five barrels of crude oil that can be further refined to commercial fuels such as gasoline, diesel, and jet fuel. A demonstration plant opened in Washington in 2009.
President Obama is expected to call on Congress Monday to eliminate billions of dollars in oil industry tax breaks, while setting aside money for his top clean-energy policy priorities. Obama will send his fiscal year 2012 budget request to Congress on Monday. The budget comes as Republicans are calling for massive cuts in spending, unveiling a proposal this week to fund the government through the end of this fiscal year that would cut $100 billion in spending when compared to Obama's 2011 budget request. Obama's 2012 budget request will also make major budget cuts. It will freeze domestic spending for he next five years and cut the deficit by $1.1 trillion over the next decade. Obama's budget request will call for eliminating a series of oil industry tax breaks. The Department of Energy estimates that such a repeal will save $3.6 billion in fiscal year 2012 and a total of $46.2 billion during the next decade.
Announcing a six year sustainability strategy today, French automaker Renault said it hopes to sell 1.5 million electric vehicles (EVs) by 2016. Drive the Change, which is the tagline for Renault's sustainability strategy, intends to concentrate on EVs and a new generation of low emissions engines. It aims to achieve sales of over 3m vehicles in 2013 and at least €2bn in aggregate free cash flow. Renault's operating margin target is to surpass 5pc of revenues in 2013. Renault revealed that as part of a new alliance with Nissan, it will be introducing three electric models - Fluence Z.E., Kangoo Z.E., and Twiz. The vehicles are part of an overall strategy to reduce emissions. In 2012 the group will also introduce the Zoe supermini. It is hoped that by 2015 the alliance will have achieved a production capacity of 500,000 vehicles and, by 2016, it wants to have 1.5m EVs on the road. Renault also announced that its portfolio of combustion engines will include its new 1.6 engine "Energy dCi 130", which will cut CO2 emissions by 20pc compared with the previous generation. The car manufacturer's new Energy TCe gasoline engines will reduce CO2 emissions among vehicles in the A, B and C segments by an estimated 30pc. These innovations will assist in the reduction of CO2 emissions in Europe, emitting - on average - less than 120g by 2013, and less than 100g by 2016.
Marin Katusa is an industry leading energy investor, with a specific expertise in global resource exploration and alternative energy production, including emerging ‘green' energies. From oil and gasoline prices, to natural gas export numbers, to coal and uranium demand, Marin is a thought leader on the energy commodities markets. His in-depth market knowledge and close network of industry experts allows him to provide informed perspectives on the economic viability and investment potential of wind, solar, hydro- electricity, geothermal, and nuclear energy as well as oil, natural gas, and coal. He digs deep to spot trends before it makes it on to the radar of traditional market pundits.
The technical advances of cost effective PV and advanced storage along with the legislative changes must occur if the industry is to grow rapidly enough to become a significant component of the world's future energy portfolio in the next 15 to 20 years (i.e. PV supplying more than 20% of the world's electricity). Advances in any of the three areas will certainly help and will benefit the industry as a whole, but ALL three are necessary if PV is to take its place as the most flexible, cost effective and distributed form of energy and all three are necessary to accelerate the transition to a post fossil fuel economy.
The anaerobic digestion technology is highly apt in dealing with the chronic problem of organic waste management in urban societies. Although the technology is commercially viable in the longer run, the high initial capital cost is a major hurdle towards its proliferation. The onus is on the governments to create awareness and promote such technologies in a sustainable manner. At the same time, entrepreneurs, non-governmental organizations and environmental agencies should also take inspiration from successful food waste-to-energy projects in other countries and try to set up such facilities in Indian cities and towns.
Many roofing contractors see the importance that solar will play in their future business but realize they don't necessarily have the expertise required to offer solar. With new construction starts and completions remaining down, it's more important than ever for the traditional roofing contractor to be able to provide solar solutions to their customers who may be inquiring about a new roof.
The electricity used at Cowboys Stadium for Super Bowl XLV on Sunday was offset 100 percent with the purchase of wind energy credits. For every megawatt-hour of electricity used to power the event and its associated facilities, an equivalent amount of wind energy will be generated at a wind farm in Texas, said green energy retailer Just Energy. All the electricity that powered the jumbo screens, TV cameras, the Black-Eyed Peas halftime show, and stadium lights, heated the food and cooled the beer will be generated by the Sweetwater Wind Farm located in Nolan County, Texas, 228 miles west of Dallas. The wind power offset is the result of an agreement between between Just Energy, the National Football League and the North Texas Super Bowl XLV Host Committee. Just Energy will purchase renewable energy certificates on behalf of the Super Bowl to offset all direct and indirect carbon emissions associated with power generation at major Super Bowl XLV venues.
Increasing scale, improved efficiency and over-capacity among wind energy hardware manufacturers have combined to push the average price of onshore wind turbines below €1m ($1.36m) per megawatt. The fourth issue of Bloomberg New Energy Finance’s Wind Turbine Price Index shows that fierce downward pressure on prices has continued in recent months in all parts of the world. Bloomberg New Energy Finance analyzed confidential data provided by 28 major purchasers of wind turbines. The sample includes more than 150 undisclosed turbine contracts, totaling nearly 7GW of capacity in 28 markets globally – with a main focus on Europe and the Americas. Dropping turbine prices may be uncomfortable for manufacturers, but it is good news for project developers and it further improves the cost-competitiveness of wind energy compared with gas and coal. Click to view the main conclusions of the analysis.
Bridges are generally exposed to the elements, meaning they generally get a nice dose of sunlight often coupled with some fairly strong crosswinds. For these reasons this “Solar Wind” bridge design would seem to make a lot of sense. The proposed bridge would harness solar energy through a grid of solar cells embedded in the road surface, while wind turbines integrated into the spaces between the bridge’s pillars would be used to generate electricity from the crosswinds. The brainchild of Italian designers Francesco Colarossi, Giovanna Saracino and Luisa Saracino, the Solar Wind concept was designed for the Solar Park Works – Solar Highway competition that asked entrants to modernize sections of a decommissioned elevated highway stretching between Bagnera and Scilla in Italy. The road surface would replace traditional asphalt with 20 km (12.4 miles) of “solar roadways” consisting of a dense grid of solar cells coated with a transparent and durable plastic coating providing 11.2 million kWh per year. The designers say this system, combined with the 26 wind turbines integrated underneath the bridge generating 36 million kWh per year, would provide enough electricity to power approximately 15,000 homes.
San Diego, California, February 3, 2011 - AltEnergyMag.com, a leading online alternative energy publication, announced the launch of an Alternative Energy Forum. The open forum is designed to be a community for the Alternative Energy Industry to discuss a variety of topics including Solar, Wind, BioFuels and more. AltEnergyMag founder and editor Bob Hetherington says "We have set up a few of what we think are some important forum topics but this is just the beginning so we need the input and participation of our readers to make it grow into a valuable source of discussion and information for the Industry." He goes onto say "I think that the Forum at AltEnergyMag.com will be a valuable and interesting resource for our readers, and we are delighted to provide this service to the alternative energy community."
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Eliminate Solar Rack Ballast and Reduce Rooftop Material Handling. PowerGripâ„˘ Universal (PGU) is a commercial roof mount system designed to secure solar racks and other equipment to any type of commercial roofing system. PGU provides a secure connection directly to the roof deck or structural members and is designed to reduce or eliminate ballast in solar racking systems, so there's less weight on the roof and less material handling. Made of heavy-duty cast aluminum, PGU units include a base ring which is secured through the roofing cover and into the structural roof deck, and a waterproof top plate.