The PCT Solution for Emerging Energy Markets: Solar, Wind, and Other Alternate Energy

Posted: Jun, 01 - 2009

Published: Jun, 02 - 2009

Format: application/pdf

No Of Pages: 7 pages

Language: English

Abstract

The United States is currently at a critical juncture. On one hand is the growing demand for power; and on the other is the need to drastically cut down on carbon and greenhouse gas (GHG) emissions. While there has been growing interest in promoting the use of renewable energy for a number of years in the United States, the market share of non-hydro renewable energy sources in electricity production has remained an abysmal 2 per cent for over a decade. Thus, what one sees is a vast, untapped potential for the alternate energy market.

Executive Summary:

The first quarter of 2009 has ushered in a new era for the alternate energy market in the US. This has resulted in a visible increase in interest on alternate energy technologies. Most would think the attention to alternate energy has come just in time, especially with the rise in fossil fuel prices, stringent environmental regulations, and signifcant changes in preferences among consumers. This whitepaper acknowledges the changing perception of the country towards alternate energy; looks at the advantages of renewable energy, and also discusses the hurdles in the way. It also describes regulations that have been used to promote green energy generation in the United States.

Price has always been a compelling determinate of a company’s choice of energy. This whitepaper, however, argues that although power generated from fossil fuel may seem cheaper in the short term and the investment in infrastructure related to renewable energy may seem expensive during installation, the total-cost-of-ownership is much lower and the infrastructure soon begins to pay for itself due to the low input costs. This whitepaper presents compelling arguments that energy effecient technology is not just possible and desirable, it will soon be mandatory from a regulatory point of view.

The whitepaper then reviews the unique role of Pacific Crest Transformers in the emerging energy markets of solar, wind and alternate energy.