The Present U.S Electricity Consumption

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Research by the Electric Power Research Institute (EPRI) states that the total recoverable energy from this source is equal to about 10% of the present U.S electricity consumption, almost the same as the actual renewable generation. It is important to understand that even though this initial assessment shows prominent potential, many factors such as electrical transmission, economic viability, environmental concerns and socio-economic considerations impose limits to these resources that can greatly alter the advancement of this resource. Given the present economical, technical and environmental uncertainties of this technology, it is important to pursue this resources in a strategic and sensible manner. Although the US lags behind European countries in the advancement of oceanic energy research, progression of hydrokinetic energy in the United States has drastically improved. We have seen that project developers and the federal government is turning their attention to marine renewable technology as of late. In 2008, the Department of energy began active research in this area with an initial fund of $10 million in addition to many state initiatives that are wanting these emerging resources (1). In order for this industry to move forward with large scale commercial development, significant technical, economic, environmental and regulatory barriers still have to be addressed. Due to the few prototype installations, there is limited understanding of these issues. It is critical for the success of this industry to gain full understanding of the potential issues over the lifecycle of a project. This understanding can only be gained by developer demonstration and early commercial adopters. Market push by research and development as we... ... middle of paper ... ...l fuel, which is a limited source of energy, it is not clean, and it is extremely harmful to our environment. Another example is ethanol, a corn product, waves are not limited by a season. They require no input from man to make their power, and they can always be counted on (4). Environmentally Friendly: Unlike fossil fuels, when you create power from a wave no harmful byproducts such as gas, waste, and pollution occur. You can easily take a wave and convert it directly to electricity and used to power generators and power plants nearby (4). Abundant and Widely Available: An important benefit to using wave power is its nearness to places that can use it. Most big cities and harbors are next to the ocean and can harness the power from the wave for their use. Coastal cities tend to be well-populated so lots of people can get use from wave energy plants (4).
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