Investment into Alternative Energy Research and Development

The US government must continue to back the expansion of the role of alternative energy research and development and its implementation by companies and homeowners. Although this writer believes in the reign of the free market and that “that government is best which governs least”, our current system has companies and people expecting federal backing of major initiative with direct investment, in the form of tax breaks, rebate incentives, and even direct central bank investment into the alternative energy industry.

The US and its citizenry need to invest all of the time and energy that they can spare to the conversion from a fossil fuel burning society to one that is green for several different reasons. The green economy will not harm the environment or the quality of our air like fossil fuel burning does. We can become the energy independent nation that we need to be by cutting away our need to import oil, especially oil that is produced by anti-American nations such as Iran.  Ultimately, renewable energies and extremely efficient energies like atomic energy are far less expensive than the continuous mining and drilling for fossil fuels.  If we do not invest in our future now, catastrophe awaits us. We are going to need to consume more energy than ever in our history as we sail into the 21st century and beyond—our dependency on foreigners for meeting these energy needs only leaves us open to sabotage while draining our coffers in order to fill other nations'.

It can be argued that federal, state, and local governments should work in conjunction on the issue of alternative energy research and development and implement mandatory programs for new home construction and all home remodeling that stipulate the installation of alternative energy power sources—eventually over a certain period of years transforming into 100% installation of alternative energy sources for any new home or corporate building—as well as backing a similar program to have all new vehicles produced in the nation be hybrid vehicles or hydrogen fuel cell powered vehicles by the year 2020. All levels of government could also impose mandatory compliance laws on construction and utilities companies. The utility companies in all 50 states should be required to invest in alternative energy research and development while also being required to buy back, at fair rates, excess energy produced by homeowners through their use of alternative energy power sources. Strong financial incentives need to be in place for new companies to invest in developing renewable energies. This would not only make the US energy independent at the fastest possible rate, but it would stimulate the growth of the economy and provide tens of thousands of new, good-paying jobs for people.

Alternative energy generation in the forms of solar, wind, hydroelectric, biofuel, geothermal, and atomic; alternative energy storage systems such as more efficient batteris and hydrogen fuel cells; and alternative energy-furthering infrastructures with superior energy efficiency all need to be brought into the affordable price range through development. Government investment into these matters would surely help us along.

Investing in Alternative Energy Stocks

Alternative energy stock portfolios are a great part of a modern investor's financial plan, due to the fac that there is so much upward potential. These make excellent long term growth investment vehicles, and the money put into them by you, the investor, serves to further the cause of implementing the alternative energy power sources that we need as we sail into the 21st century and beyond.

Analysts predict that by 2013, the alternative energy industry will be a $13 billion dollar industry in today's dollars. This figure bespeaks an enormous return on investment. Indeed, if you were to invest in a start-up alternative energy company, you might find yourself having invested in the next Microsoft in terms of return on investment. People are fed up with the rising costs of gasoline—while this alone is not sufficient understanding of the need for developing alternative energy sources, it is a factor which can act as a market maker—meaning for you that investments in alternative energy companies makes a lot of financial sense.

However, this does not mean that you don't first want to do some careful research into alternative energy stocks, perhaps with the help of a financial planner. “A few alternative-energy companies are going after the right markets but that doesn't mean you should go buy every name in the sector. Investors need to be cautious about chasing the stocks,” says Sanjay Shrestha, who is an analyst at First Albany Capital. And if you are an investor, then you know that the problem in this sector is that nearly every single one of the major players in the alternative energy for profit game are start-ups or in the very early stages of growth. This means for you that they have relatively minuscule (even if rapidly growing) sales, and no expected profitability in the near term or history of earnings for you to be able to research. This can lead to some bubbling, as with what happened to the dot-com industry at the turn of the 21st century. Bubbling in the stock market is not a good thing for investors.

Ananlysts and financial planners can play a crucial role in helping you get it right with alternative energy investing. “We don't play around in the tiny cap stocks that have technology and not much revenue—the 'hope' stocks. We invest in companies with clear cash-generation plans in place,” are the words of Ben walker, who is a senior portfolio manager at the Gartmore Global Utilities fund out of London.

Still, the outlook is very positive overall—and healthy. “It is good to see that the number of renewable energy funds and the amount of money flowing into these funds is increasing,” according to chief executive of UK alternative elecricity supplier Good Energy Juliet Davenport. “The renewable generation market is at an important stage in its development; it needs the continued support of the consumer, investor and government to ensure that it reaches its potential and really starts to make a difference to climate change.”

Geothermal Power as Alternative Energy

We should be doing everything possible to develop geothermal energy technologies. This is a largely untapped area of tremendous alternative energy potential, as it simply taps the energy being naturally produced by the Earth herself. Vast amounts of power are present below the surface crust on which we move and have our being. All we need do is tap into it and harness it.

At the Earths' core, the temperature is 60 times greater than that of water being boiled. The tremendous heat creates pressures that exert themselves only a couple of miles below us, and these pressures contain huge amounts of energy. Superheated fluids in the form of magma, which we see the power and energy of  whenever there is a volcanic eruption, await our tapping. These fluids also trickle to the surface as steam and emerge from vents. We can create our own vents, and we can create out own containment chambers for the magma and convert all of this energy into electricity to light and heat our homes. In the creation of a geothermal power plant, a well would be dug where there is a good source of magma or heated fluid. Piping would be fitted down  into the source, and the fluids forced to the surface to produce the needed steam. The steam would turn a turbine engine, which would generate the electricity.

There are criticisms of geothermal energy tapping which prevent its being implemented on the large scale which it should be. Critics say that study and research to find a resourceful area is too costly and takes up too much time. Then there is more great expense needed to build a geothermal power plant, and there is no promise of the plant turning a profit. Some geothermal sites, once tapped, might be found to not produce a large enough amount of steam for the power plant to be viable or reliable. And we hear from the environmentalists who worry that bringing up magma can bring up potentially harmful materials along with it.

However, the great benefits of geothermal energy would subsume these criticisms if only we would explore it more. The fact that geothermal energy is merely the energy of the Earth herself means it does not produce any pollutants. Geothermal energy is extremely efficient—the efforts needed to channel it are minimal after a site is found and a plant is set up. Geothermal plants, furthermore, do not need to be as large as electrical plants, giant dams, or atomic energy facilities—the environment would thus be less disrupted. And, needless to say, it is an alternative form of energy—using it would mean we become that much less dependent on oil and coal. Perhaps most importantly of all—we are never, ever going to run out of geothermal energy, and it is not a commodity that would continuously become more expensive in terms of real dollars as time passes, since it is ubiquitous. Geothermal energy would be, in the end, very cheap, after investigation and power plant building costs are recouped.

Consultants on Alternative Energy

There has been much debate about what is often called “free” energy—energy that can supposedly, with the right technology, be drawn straight out of the atmosphere, and in very abundant supply. The debates are about whether the stuff actually exists or not, what it would actually cost were it to be harnessed, and if it does exist is it truly as abundant and efficient as it's being made out to be by proponents of research and development into this potential alternative energy source.

When one hears the phrase “free energy device”, one might be hearing about one of several different concepts. This might mean a device for collecting and transmitting energy from some source that orthodox science does not recognize; a device which collects energy at absolutely no cost; or an example of the legendary perpetual motion machine. Needless to say, a perpetual motion machine—a machine which drives itself, forever, once turned on, therefore needing no energy input ever again and never running out of energy—is impossible. However, it is not so simple to say that a new technology for harnessing the energy “floating” in the atmosphere is impossible. New technologies replace old ones all the time with abilities that had just been “impossible”. Harnessing the power of the atom for providing huge amounts of energy was “impossible” until the 1940s. Flying human beings were an “impossible” thing until the turn of the 20th century and the Wright Brothers' flight.

The biggest claim of the proponents of “free” energy is that enormous amounts of energy can be drawn from the Zero Point Field. This is a quantum mechanical state of matter for a defined system which is attained when the system is at the lowest possible energy state that it can be in. This is called the “ground state” of the system. Zero Point Energy (ZPE) is sometimes referred to as “residual” energy and it was first proposed to be usable as an alternative form of energy way back in 1913 by Otto Stern and Albert Einstein. It is also referred to as “vacuum energy” in studies of quantum mechanics, and it is supposed to represent the energy of totally empty space. This energy field within the vacuum has been likened to the froth at the base of a waterfall by one of the principal researchers into and proponents of Hal Puthof. Puthof also explains, the term 'zero-point' simply means that if the universe were cooled down to absolute zero where all thermal agitation effects would be frozen out, this energy would still remain. What is not as well known, however, even among practicing physicists, are all the implications that derive from this known aspect o quantum physics. However, there are a group of physicists—myself and colleagues at several research labs and universities—who are examining the details, we ask such questions as whether it might be possible to 'mine' this reservoir of energy for use as an alternative energy source, or whether this background energy field might be responsible for inertia and gravity. These questions are of interest because it is known that this energy can be manipulated, and therefore there is the possibility that the control of this energy, and possibly inertia and gravity, might yield to engineering solutions. Some progress has been made in a subcategory of this field (cavity quantum electrodynamics) with regard to controlling the emission rates of excited atoms and molecules, of interest in laser research and elsewhere.


The alternative energy consultants tell us that the transition from the petroleum-driven economy and society will not be a smooth one, on the whole. The amount of new technologies and infrastructures that need to be developed and built is staggering—even as Germany achieves powering 10% of the entire nation through the use of wind turbines and solar arrays, even as corporation after corporation is springing up, helped by various governments' tax breaks and rebate incentives, to drive forward the alternative energy mission. We have lain dormant on alternative energy on the grand scale for so long that we now have to scramble to play catch-up as access to cheap oil lurks ever closer to being a thing of the past.

Consultants on alternative energy also tell us that we need multilateral, international efforts in concert with one another in the direction of getting away from the heavy—almost total—dependence on fossil fuels. They are poised to become too expensive, burning them is polluting the atmosphere, and digging for them is disrupting the natural environment. We have about 30 years left of reasonably cheap oil and gas—and consultants say that within 20 years beyond that point, we had better be at least 90% independent of them. Unfortunately, at the present time the world is mostly not acting as if this is the case. The thirst for oil is growing, not slaking, and it is growing faster now than it did even in the 1970s.

One of the major problems of transition, the consultants point out, is that higher oil and gas prices stimulate the economy (This flies in the face of what many energy so-called “experts” and many members of the public believe, but the fact is that oil and gas are found and manufactured and transported by huge corporations who employ multitudes of staff workers and contractors; and from their huge profits their stocks remain lucrative on Wall Street.). Alternative, or “green” energy has to become more marketplace friendly, more profitable to investors and would-be employers. Wall Street does not like change; so there is resistance to this much-needed economic transition. It is because of this that many consultants are saying that we need an international, governments-backed initiative put into place; we are told that we cannot expect the new economy to spring forth overnight, all clean and polished and perfected, from the black ashes of the fossil fuel economy phoenix.  

It is most imperative that the wealthy, big-production nations such as the US, Japan, Western Europe, and others be the ones to spearhead the effort to get off of the fossil fuel dependence. Smaller, poorer nations are very simply never going to achieve the level of energy production through coal and oil that these nations have—for by the time they would be ready to, the cheap access to the fossil fuels will be gone, and they will never be able to sustain their newly-risen civilizations at that time as we have been able to do.  The time for transition from black to green is now.

What is Alternative Energy

There is a lot of energy that we can  harness if we only seek to research and develop the technologies needed to do so. We can get away from the fossil fuels and the old electrical grids by turning to alternatives to these energy sources.

One of these alternative energy resources is wind power. Wind turbines continue to be developed that are progressively more energy efficient and less costly. “Wind farms” have been springing up in many nations, and they have even become more strategically placed over time so that they are not jeopardizing birds as former wind turbines did.

Another alternative energy resource is the one that is most well known: solar energy. This involves the manufacturing of solar cells which gather and focus the energy given off directly by the sun, and translate it into electricity or, in some cases, hot water. As with wind energy, solar energy creates absolutely zero pollution.

Ocean wave energy is alternative energy seen by governments and investors as having enormous energy generating potential. A generator in France has been in operation for many years now and is considered to be a great success, and the Irish and Scots are running experimental facilities.

Hydroelectric power has been with us for a while and where it is set up, it is a powerful generator of electricity and cleaner than a grid. However, there are certain limitations to the availability of the right places to set up a large dam. Many run-of-the-river, or small and localized, hydroelectric generators have been set up in recent times due to this limitation.

Geothermal energy is extremely abundant, since it lies directly beneath our feet, just a few miles below the earth's surface. This energy is produced by the heating of water through the actions of earth's fantastically hot molten core. The water turns to steam, which can be harnessed and used to drive turbine engines which in turn generate electricity. Great amounts of research and development should be put into geothermal energy tapping.

Waste gas energies, which are essentially methane, reverse the usual energy-pollution relationship by creating energy from waste that lies in the dumps and from some air pollutants. This gas is used in fuel cells and can be used in standard gasoline generators.

Ethanol is a gasoline substitute and is created from such things as wheat, sugarcane, grapes, strawberries, corn, and even wood chips and wood cellulose. There is controversy over this fuel with regards to its ever becoming truly economical or practical except in very localized areas, but technologies for its extraction and admixture are continuously being refined.

Biodiesel energy is alternative energy created out of the oils contained in plants. So far, the commercial stores of biodiesel have been created using soybean, rapeseed, and sunflower oils. At the time of this writing, biodiesel is typically produced by entrepreneurial minded individuals or those who want to experiment with alternative energy, but commercial interest from companies is on the rise. It burns much cleaner than oil-based diesel.

Atomic energy is created in atomic energy plants using the process of nuclear fission. This energy is extremely efficient and can generate huge amounts of power. There is concern from some people about what to do with the relatively small amount of waste product atomic energy gives off, since it is radioactive and takes hundreds of years to decay into harmlessness.