Germany is a key player in the emergence of renewable fuel sources. They did through the implementation of the Electricity feed laws establish a world record in 2006, where investment in German’s green industry rose to more than US$10 billion, including research and development as well as the erection of wind turbine, expansion of solar and bio-gas power plants.
The feed laws in Germany allow homeowners to harness renewable energy and thereafter sell the electricity back directly to the power company via the national electricity grid. This performing strategy has catapulted the country to one of the largest operators of renewable such as bio-gas, wind turbine and solar energy.
Renewable energy represents 10 percent of Germany’s energy demand. In 2006 more than 100,000 new solar collection systems were installed in the country.
In the United States of America, research bio-science is advancing at a rapid pace. The BP Company has set up the Energy Bioscience Institute (EBI) to shed light on innovative research related to the use of clean burning renewable energy, which can very soon become a dominant fuel for vehicles. Currently, the BP corporation injects US$50 million per annum in this research institute.
The institute (EBI) is situated at the University of Illinois Urbana-Champaign. EBI and the University is working together to advance research in bio-fuel as well as in the production of bio-fuel crops. The University is motivated to devote intense effort in genetic engineering, to transform the bio-fuel crops into faster growing plants.
Another area of research at EBI is to transform heavy hydrocarbons into environmentally friendly and energy efficient fuels.
In the Field of Geothermal energy GEA (Geothermal Energy Association) is making every effort to continue its research despite the oppression from the Congress. Karl Gawell, Excutive Director of GEA has made an appeal to the Department of Energy and Congress to enable further research in geothermal energy. Presently, the geothermal research is being hampered by federal institutions.
According to Gawall, a study conducted by the National Research Council, Massachusetts Institute of Technology and Western Governors Associate Clean Energy Tasks Force encourage geothermal research. They say that it is a large source of domestic energy, which is unexploited.
Those who support geothermal energy are amazed by the tiny public awareness that exists concerning the benefit of geothermal energy. Geothermal energy is a cheap source of energy, in the long-term it is even cheaper per kilowatt hour than coal energy.
Read More on:
1. Interesting Facts about Renewable Energy (Water, Geothermal and Bio-Energy): Part 1
2. Geothermal Energy Is It Really Safe?
3. Global Investment Trends in Green Energy Unveiled In Recent Reports (2010)
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