DOE: Clean Energy Technologies Advance in the U.S. Marketplace

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The Department of Energy recently released the 2015 Revolution…Now report that presents the condition of various clean energy technologies in the country that has cutting-edge solutions to the current dilemma of climate change.

Energy Secretary Ernest Moniz disclosed the details of the report during a discussion at the Carnegie Endowment for International Peace. The said report was based on the previous Revolution…Now study where an increase in the deployment and a decrease in the costs of the four transformational technologies namely wind turbines, solar technologies, electric vehicles, and light-emitting diodes (LEDs) was shown.

In this year’s report, it was indicated that the prominence of the clean energy technologies is due to the effective cost reduction of those as mentioned above four transformational technologies. Because of this, the DOE will continue investing in research and development, especially in the deployment of the solar photovoltaic modules for huge, utility-scale PV plants and small distributed PV systems. These technologies posted a rapid growth and improvement in deployment this year. The department wants to make these clean energy technologies feasible and more cost-efficient in the United States.

In the discussion, Secretary Moniz said, “We are experiencing a clean energy revolution in the United States, and this report confirms it. Today, clean energy technologies are providing real-world solutions, not only to reduce carbon dioxide emissions that cause global warming, but they also drive a domestic, low-carbon economy with technologies that are increasingly cost-competitive with conventional techniques. We have the tools for a cleaner and more secure energy future.”

More than eight gigawatts of solar PV were installed across the country, which is estimated to have powered at least 1 million homes. The utility-scale solar PV improved by more than 60 percent by having 9.7 gigawatts in 2014, a massive development of the technology compared to what has been already installed in 2008. To date, there are over 16 million homes from 39 states are now benefitting from more than 65,000 megawatts of utility-scale wind power, and another 13,600 megawatts is expected to be added this year.

There has been a dramatic increase in the LED bulbs installation in 2014, with an approximate of 78 million LED bulbs installed. Because of this, 7.1 million metric tons of carbon emissions were prevented, and Americans were able to cut $1.4 billion in energy expenditures. By 2030, it is forecasted that the savings will continue to grow and would hit the $26 billion mark annually.

Lastly, the report also introduced three more technologies: fuel-efficient freight trucks, vehicle lightweighting, and smart building systems. These technologies are expected to have wider deployment and be more cost-effective in the next few years.

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