Monday, December 26, 2011

solar power companies - Obama awards $2B for solar power




President Barack Obama, under pressure to spur job growth, said on Saturday two solar energy companies will get nearly $2 billion in US loan guarantees to create as many as 5000 green jobs. $2000000000 5000 people $400000 per person. At the same time Oil production is among the most heavily subsidized businesses, with tax breaks available at virtually every stage of the exploration and extraction process. The total electricity production in the USA is 3992 billion KWh. 44.9 % Coal, 23.4 % Natural Gas, 20.3 % Nuclear, 6.9 % Hydro, 3.6 % Renewables and 1 % Petroleum. If you do the math this is a major boondogle with the taxpayers money which would far better be spent on other sources more technologically and economically sound. The Devil is in the details. In 2007, summer demand for electricity was 783 GW and 640 GW for winter. By 2017, North American Electric Reliability Corporation (NERC) projects summer consumption to be 925GW for summer and 756 GW for winter. At 7 acres per MW it would take 7 billion acres of solar panels. They would require transmission system requirements with I2R losses which would be unsustainable. Renewables make up ~ 4% of our total generation and are important, however they can not replace the balance of generation. Large generation facilities with minimal transmission system is the key. This money should be spent on tokamak research for Fusion development. The tokamak is one of several types of magnetic confinement devices, and is one of the <b>...</b>






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