Casara– L2 Renewables

  • Why are renewable energy projects failing to receive the same degree of support from the financial community and the government that nuclear does?

Nuclear energy is a proven source of great amounts of constant profitable energy albeit at times unstable as shown by the disasters in Fukushima, Three Mile Island and to a lesser extent Chernobyl. Wind turbines and solar energy technologies while renewable are less efficient and provide an uneven inconsistent source of energy although steps in the right direction have been made. Although it is hard to come to this realization nuclear energy benefited from war as much of the ground level research was funded by the military in the Manhattan project therefore nuclear energy has a large lead in the amount of fundamental knowledge available.

The reality according to Dawn Stover in her article “Nuclear vs. Renewables: Divided they fall” is that both contribute a very small amount to the national energy pool at about 8% each and are dwarfed by fossil fuels at 81% her argument is that perhaps instead of competing the against one another Nuclear and renewable advocates should lean on one another for support. Nuclear energy while not renewable is a clean energy in the sense that it produces little to no carbon dioxide gas although the question is what to do with the byproduct.

 

  • What niche opportunities do you see for entrepreneurs in the global development of renewable energy sources?

 

The most immediate niche market available is solar energy as the most impoverished areas of need are also usually the hottest and sunniest places on the planet. As solar panels becoming cheaper to manufacture individual units can be sold to entire village either through humanitarian aid or to local governments. Meanwhile in the European Union large scale government initiatives require certain level of renewable energy usage causing national governments to offer tax rebates and other purchase programs for solar panels.

Another option is small biogas generators that can be sold to farms or small villages that rely on work animals and other livestock. In the end the market globally is going to have to focus on locally produced power for either individual use or small communities.

2 thoughts on “Casara– L2 Renewables

  1. Hello Casara! I totally agree with your niche on solar panels, I too discussed this (Although I only applied it Domestically) – I hadn’t thought more about how beneficial it will be for the struggling countries/continents abroad. I realize making the solar panel and installation process affordable won’t be easy but the day it happens will be a complete game changer!

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