DOE Releases 2015 Revolution Now Report
The U.S. Department of Energy has recently released their 2015 Revolution Now report. This report, released prior to the upcoming International Energy Agency’s Ministerial gathering in Paris, outlines how the country is doing in terms of clean energy solutions. The report was announced at the Carnegie Endowment for International Peace by Ernest Moniz, the Energy Secretary. It focused on improvements in four areas: electric vehicles, LEDs, solar technology, and wind turbines.
Decrease in Costs
The report shows that one of the main reasons why these clean energy solutions have become more and more popular is that the cost of research, develop, and purchase them has greatly decreased. With cheaper development and manufacturing costs, companies are able to offer things like rooftop photovoltaic solar panels to customers. This has increased the number of homeowners who have installed solar panels on their homes.
In addition to homeowners, businesses and large-scale plants are also beginning to implement solar panels due to the decrease in cost. The end result is more utilization of solar power across the board. In total, as of the end of 2014, solar power generated enough energy to power about a million homes.
Electric vehicles have become much more affordable, too. Almost 120,000 of these vehicles were bought in 2014, which is more than twice the number bought in 2012. These vehicles help decrease the country’s reliance on oil while emitting zero hazardous gases. In addition to the lower price, larger capacity batteries have made these vehicles a much more attractive option for drivers.
More Wind Power
Another major change is that the wind is being utilized to provide more power than ever before. From 2008 to 2014, the land-based wind industry has accounted for almost a third of new energy production in the country. Part of this is because the Department of Energy has invested in the industry. At the end of 2014, 39 states had wind turbines that were generating a total of over 65,000 megawatts of power. In 2015, new wind turbines will be constructed that will add 13,600 megawatts to that. In total, there will be enough energy generated to power 16 million residential properties.
LEDs are different from traditional bulbs in a number of ways: they last longer and emit much less heat. A hot bulb is a bulb that is wasting energy—LEDs actually use about 85 percent less power than traditional bulbs. Homeowners are making the change to these bulbs to save a large amount of money.
Here at Benchmark Group our Energy Services team is always looking for ways to save our clients money. Recommending LED bulbs is just one way we do this.