Investments in Alternative Energy
It is possible to have a portfolio which profitably
(that's the key word, is it not?) invests in alternative energy funds.
“Green” energy production is expected to be a multi-billion (in today's
dollars) industry by 2013.
The most recently developed wind-turbine technologies have brought us
wind-produced energy which is more cost efficient as well as more
widespread. More state-of-the-art wind energy technologies are typically
more market competitive with conventional energy technologies. The newer
wind-power technologies don't even kill birds like in days of old! Wind
energy production is a growing technology, and companies engaged in it
would make up an excellent part of a growth or aggressive growth
portfolio.
Next to consider are solar cell, or photovoltaic cell, technologies.
These are to be found implemented in pocket calculators, private
property lights, US Coast Guard buoys, and other areas. More and more
they find their way onto the roofs of housing and commercial buildings
and building complexes. Cost is falling. Their energy efficiency (the
ratio of the amount of work needed to cause their energy production
versus the actual energy production) is steadily on the rise. As an
example, the conversion efficiency of silicon cells has increased from a
mere four percent in 1982 to over 20% for the latest technologies.
Photovoltaic cells create absolute zero pollution as they are generating
electrical power. However, photovoltaic cells are not presently as cost
effective as “utility produced” electricity. “PV” cells are not [capable
at present for producing industrial-production amounts of electricity
due to their present constraints on space. However, areas where
photovoltaic cell arrays could be implemented are increasingly
available. In sum, costs are going down while efficiency is rising for
this alternative fuel technology.
Many alternative energy investment portfolio advisors are confident that
alternative energies derived from currents, tidal movement, and
temperature differentials are poised to become a new and predominant
form of clean energy. The French are actually fairly advanced at hydro
power generation, and numerous studies are being made in Scotland and
the US along these same lines. Some concerns center around the problems
with the deterioration of metals in salt water, marine growth such as
barnacles, and violent storms which have all been disruptions to energy
production in the past. However, these problems for the most part seem
to be cured through the use of different, better materials.
Ocean-produced energy has a huge advantage because the timing of ocean
currents and waves are well understood and reliable.
Investments in hydro-electric technology have grown in the last two
decades. Hydro-electric power is clean; however, it's also limited by
geography. While already prominent as power generation, the large, older
dams have had problems with disturbing marine life. Improvements have
been made on those dams in order to protect marine life, but these
improvements have been expensive. Consequently, more attention is now
being paid to low-impact "run-of-the-river" hydro-power plants, which do
not have these ecological problems.
The reality is, the energy future is green, and investors would do well
to put their money out wisely, with that advice in their minds.
About the Author: D. Benjamin is the owner of
iapsales.com LLC - a family business specializing in HVAC products. We
are distributors of
Qmark Heaters,
electric tankless water heaters,
bathroom heaters,
patio heaters, electric heaters, portable air
conditioners & electric towel warmers. Shop online at
www.heateroutlet.com for these great home improvement products.
Iapsales.com LLC was established in 2003 and is the sister company to
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