How the National Authorities Is Centering On Solar Power To Get Fastest Reward

While the dialogue goes on about how a solar panel can save you cash and how solar energy isn't a feasible resource. The Department of Energy has announced that they are devoting money to a two year study on solar power. The intention of this study is to verify the efficiency of solar power as claimed by the solar power industries.

Working out if a solar panel can lower the cost per KW hour to about ten cents is their end goal, this it could happen very quickly if we were to believe the scientists. This doesn't seem like much of a saving, until you compare it with the billions of kilowatt hours consumed everyday in the United States. You can see how much money and energy could be saved.

The government is looking into the possibility of concentrated solar power - this technology uses an array of mirrors to beam daylight into a central receiver. There are many positives, but the downside is the cost of building the technology for the liquid heating and a turbine generator. Ironically, George Bush was a baby of the oil boom and his push towards new alternative fuel technology could be a mirrored image of the political climate in America.

The funding will consist of $2 million and there will be nine separate private firms working together. The Solar Vehicle 8 of Lakewood, Colorado will be examining the creation and progress of a solar power system. 3M, Alcoa, Brayton Energy, Hamilton Sundstrand, Infinium, Sky Feel, and Solar Millennium are some of the corporations that are contributing to this project.

With the declining dollar approaching under a probable recession, the race to find alternative energy and products is sped up. With the possibility of the continuation of the Iraq conflict and oil costs going through the roof, it will be easier to comprehend the results from these efforts when the United States has their solar power initiative fully active.

Ultimately, the government has to take a firm stand on making alternative energy solutions work, in the process lessening dependency on foreign oil and traditional fuels. As the masses witness the rise of gas prices and the decrease of solar powered technology costs, they will favor this new technology and, in the process, create a green-friendly planet, one with a better environment for its denizens.

For the general public, the decision to wait for the new solar panel technology to become commercially available before installing it in their home is a tempting one, but this new technology may take another ten years before you see it in the DIY stores.