Clean Energy

                                                      Research & Development
  • Renewable Energy Technology
  • Vehicle fuel efficiency studies
  • Peform feasibility studies
  • IT clean energy systems
Renewable Energy:  The Strategic Choice                        
By Kendall E. Coleman, BSEE, MBA, PMP, ITIL v3                         

                            

President Barack Obama said, “The United States of America cannot afford to bet our long-term prosperity and security on a resource that will eventually run out (Obama, 2011)”. The US overdependence on petroleum from unfriendly countries threatens the soverenity of the nation.  According to the Congressional Research service, the US Department of Defense spent more than $17 billion on petroleum in 2008 (Andrews, 2009).  As oil prices continue to move toward the upper stratosphere, the nation needs to aggressively expand its investments into clean energy research and development (Crude Oil and Commodity Prices, 2011).

The majority of Clean Tech startups required outside funding from venture capitalist or private equity firms. However, access to capital has stifled innovation. As an entrepreneur and electrical engineer with Fortune 500 experience, I’ve encountered the ‘barriers to entry’ first hand.  The traditional model has been to give research & development (R&D) dollars exclusively to national laboratories and universities.

The US needs to do more to avoid getting left behind the clean energy curve.  According to the International Business Times, China will invest more than $470 billion into clean energy technologies within the next five years (Tanquintic-Misa, 2011). The US Secretary of Energy Steven Chu has said that trillions of dollars will be invested globally into clean energy programs in the future decades. He believed that unlocking the creative mind and genius of US Citizens represented an important step for moving the nation forward (Chu, 2011).  Apple co-founder Steve Jobs challenged people to ‘think different’ when it came to innovation.  Everyone needs to work together to create the next generation of clean technologies and incubate new ideas.

       Bibliography     

Andrews, A. (2009, September 22). Department of Defense Fuel Spending, Supply, Acquisition, and Policy. Retrieved December 16, 2011, from Congressional Research Service: http://www.fas.org/sgp/crs/natsec/R40459.pdf

Chu, S. S. (2011, December 13). Startup America Policy Challenge: Clean Energy. Retrieved December 16, 2011, from The White House Blog: http://www.whitehouse.gov/blog/2011/12/13/startup-america-policy-challenge-clean-energy-0

Crude Oil and Commodity Prices. (2011, December 15). Retrieved December 15, 2011, from Oil-Price.net: http://www.oil-price.net/

Obama, P. B. (2011, March 30). Blueprint for a Secure Energy Future. Retrieved December 16, 2011, from The White House: http://www.whitehouse.gov/sites/default/files/blueprint_secure_energy_future.pdf

Tanquintic-Misa, E. (2011, December 5). China Leads Global Investments in Renewable Energy. Retrieved December 16, 2011, from International Business Times: http://au.ibtimes.com/articles/261083/20111205/china-leads-global-investments-renewable-energy.htm