Bill Gates is making headlines again regarding renewables by looking to invest $2billion in new technologies through research and development. While the author of the article argues that we should invest in policy and not technology, I think another route would be more efficient. Bill Gates needs to invest in the deployment of technology that typical investors would not invest in. Moreover, Mr. Gates should invest in projects that are not investment grade to really make a difference. The cost of technology is the factor making the biggest impact today. A small solar panel connected to a lightbulb and cell phone charge do far more than some new revolutionary power plant in many areas around the world. I wrote about this last year here
- Greentech Media: US Solar Electricity Production 50% Higher Than Previously Thought
- Renewable Energy World: Behavioral Economics and the Solar PV Industry
- PV-Tech: UK solar subsidies could be hit by budget overspend, report warns
- Think Progress: Bill Gates Plans To Invest $2 Billion In New Renewable Technology. That’s Not A Great Idea.
- New York Times: Global Climate Pact Gains Momentum as China, U.S. and Brazil Detail Plans
- Pacific Standard: Why Millions of Chinese-Made Solar Panels Sat Unused in Southern California Warehouses
- Utility Dive: Despite declaring energy sales illegal, Duke will connect solar array owned by third party
- Bangor Daily News: State to study new way to reimburse small-scale solar power generators
Opinions
Have a great day!
Yann