Renewable Energy

Renewable Energy

The United States currently relies heavily on the fossil fuels of coal, oil, and natural gas for its energy. Fossil fuels are nonrenewable, meaning they draw on finite resources that will eventually dwindle, becoming too expensive or too environmentally damaging to retrieve.

How does Community Spec support renewable energy?

Over 50 billion dollars in grants and tax incentives are available to the renewable energy and efficiency industries in the United States, according to the 2009 Renewable Energy Finance Forum Wall Street.

To better the environment, Community Spec, LLC is committed to researching these fundraising opportunities.

Why Renewable Energy?

Renewable energy resources—such as wind and solar energy—are constantly replenished and will never run out.

Seven Types of Renewable Energy

1. Solar:
sunlight, or solar energy, can be used directly for heating and lighting homes and other buildings, for generating electricity, and for hot water heating, solar cooling, and a variety of commercial and industrial uses.

2. Wind:
the sun’s heat powers the winds, whose energy is captured with wind turbines. Then, the winds and the sun’s heat cause water to evaporate. When this water vapor turns into rain or snow and flows downhill into rivers or streams, its energy can be captured using hydropower.

3. Biomass:
the organic matter that makes up plants is known as biomass. Biomass can be used to produce electricity, transportation fuels or chemicals.

4. Hydrogen:
can be found in many organic compounds, as well as water. It doesn’t occur naturally as a gas. In other words, it’s always combined with other elements, such as with oxygen to make water. Once separated from another element, hydrogen can be burned as a fuel or converted into electricity.

5. Geothermal
taps the Earth’s internal heat for a variety of uses, including electric power production and the heating and cooling of buildings.

6. Ocean:
can produce thermal energy from the sun’s heat and mechanical energy from the tides and waves.

7. Hydropower:
flowing water creates energy that can be captured and turned into electricity. This is called hydroelectric power or hydropower.

Note: Information adapted from the National Renewable Energy Laboratory

Renewable Energy Grant Programs

Office of Vehicle Technologies Program
To establish development, demonstration, evaluation, and education projects to accelerate the market introduction and penetration of advanced electric drive vehicles.

To accelerate the development and production of various electric drive vehicle systems to substantially reduce petroleum consumption. One of the electric drive technologies that will be emphasized in this project are Plug-in Hybrid Electric Vehicles (PHEV), which directly supports the President’s goal to Get One Million Plug-In Hybrid Cars on the Road by 2015.

Interdisciplinary Solar Energy Research
To support potentially catalytic interdisciplinary work by groups of researchers to address the scientific challenges of efficient harvesting, conversion, and storage of solar energy.

Renewable Energy Production Incentive
This program is managed by the U.S. Department of Energy and provides financial incentive payments for electricity generated and sold by new qualifying renewable energy generation facilities.

State Energy Program (SEP)
This program provides grants to states and directs funding to state energy offices from technology programs in DOE’s Office of Energy Efficiency and Renewable Energy.