Just as alternative energy makes new gains – with many companies increasing their research and development in solar energy – it also faces potential setbacks. After the earthquake in Japan and the resulting explosion at one of its nuclear power plants, some analysts speculate that a backlash against the dangers of nuclear power will lead to increased reliance on fossil fuels for energy. Many countries are reviewing their nuclear policies and investigating the safety of their nuclear plants. Though none have announced a change in policy, it is possible that many may choose to return to known sources of energy such as coal – which would set back progress for clean energy – or would choose to accelerate development of alternative energy.
Solar Race
Fortunately, at the same time that countries are reconsidering their nuclear strategy, development and investment in solar energy has heated up significantly. Some notable developments:
· General Electric announced this week that it will build the largest American production site for solar panels
· 3M Co. plans to build a solar manufacturing facility in China this year
· Grape Solar is expanding its agreement with Costco to offer grid-tied solar kits directly to consumers
The U.S. Department of Energy’s National Renewable Energy Laboratory has also announced that it will partner with organizations in Germany and Japan to study how solar panels manufactured by each of the three countries perform under various light situations.
In addition, numerous consumer products that rely on solar energy in whole or in part have been launched or are in development this year, including televisions, chargers, telephones, backpacks, and more.
Fortunately, with so many companies in countries all over the world so heavily invested in alternative energy, it is likely that more gains will be made in this area. However, situations like the one in Japan that encourage speculation about energy policy should be maneuvered carefully so that such progress isn’t impeded or reversed by an urge to revert to known (yet more harmful) sources of energy.
Bio: Alexis Bonari is currently a resident blogger at College Scholarships, where recently she’s been researching economics scholarships as well as education admin scholarships. Whenever she gets some free time, she enjoys watching a funny movie or curling up with a good book.
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Filed under: Alternative Energy Sources
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