Fracking Successes Don’t Diminish Alternative Energy Opportunities
At a time when the U.S. Energy Information Administration has announced significant growth in total natural gas and oil production, it may seem like there are fewer opportunities for alternative energy projects in the United States. However, if companies that produce batteries can improve storage capacity and lifetime for their products, the incentives for companies to develop wind, solar and other energy generation alternatives will be much greater.
Over the past five years, petroleum energy source production has increased by about 25 percent. However, concerns about the chemicals used to force out oil and gas in previously unproductive areas have also grown. Companies do not have to release the contents of their proprietary solutions. There is one major issue that companies that take advantage of solar panels and other alternative energy generation options must solve: better batteries.
In Texas and the Central Valley of California, it is easy to see massive wind farms, with turbines dotting hillsides. However, just as with wave and solar power, the energy delivery is not consistent. Turbines won’t turn on calm days, and PV panels will not develop power on cloudy days. Currently, homeowners with solar panels can “sell” excess electricity back to their utility company, but on a large scale that is not feasible.
Companies that use metal solders as part of programs to improve battery life will help make the largest leap in technology for perhaps a decade or more. Currently, advances in power management and reduced consumption electronics materials have masked the fact that battery technology has failed to keep up. Whether it is the use of new alloys, manufacturing processes or other ways to improve both capacity and lifetime, research is now placing new emphasis on materials.
To do so will make renewable energy applications like solar panels and wind turbines more feasible on a larger scale. Currently, small-scale projects include a two megawatt battery in the Orkney Islands of Britain and Duke Energy’s 36 megawatt battery for a remote wind farm in Texas, the New York Times report notes.
For more information on the growth of fracking, visit http://www.hattiesburgamerican.com/article/20131011/OPINION01/310110002/Alternative-energy-hold-now. The New York Times piece on efforts to make renewable energy projects sustainable is available at: http://www.nytimes.com/2013/10/03/business/energy-environment/Filling-the-Gaps-in-the-Flow-of-Renewable-Energy.html?_r=0