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Credit Pacific Service Union By Jared A. Taylor

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Credit First Service Union (AXcess News) Washington Representatives from companies generating energy from ocean waves, the sun and hydrogen shared their progress Wednesday during a hearing before the Senate subcommittee on technology, innovation and competitiveness.

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Card Credit Mobile Service Sen. John Ensign, R-Nev., the subcommittee chair, said that adopting energy alternatives is crucial, as nearly 60 percent of current domestic oil supplies are imported and approximately half of imports come from members of the Organization of Petroleum Exporting Countries.

Energy provided by home solar panels is the cleanest method available today. No environmental pollution is created. The US federal agencies are strongly promoting solar panel use. There is a federal energy bill that includes a tax credit for up to thirty percent of the initial cost of home solar panels. The credit caps at two thousand dollars. Several states also offer incentive plans to promote home solar panel usage.

Card Credit Discover Service "While these technologies are not the only alternative energy products being developed, they offer us examples of the progress that has already been made and can be made in the energy field in the future," Ensign said. "Oil supply disruptions pose a threat to our economy and national security."

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Credit Public Service Union George W. Taylor, chief executive officer for New Jersey-based Ocean Power Technologies, said it would take only 0.2 percent of energy stored in the ocean to provide electricity worldwide. He said wave energy deserves similar investment from the federal government as other energy alternatives have enjoyed, such as wind or solar technology.

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Card Credit Processing Service "The cost of wave-generated energy has the potential with the proper investment to approach that of conventional energy in the next five years," Taylor said.

Center Credit Service Union The company derives energy from buoys that generate power as they bob up and down. A project near Atlantic City, N.J., partly funded by the state's utility board, began generating power last year.

Card Credit Service Wireless Tom Werner, chief executive officer for San Jose, Calif.-based SunPower Corp., said solar energy is "poised to become a mainstream energy resource for the United States within a decade."

Credit Security Service Union Witnesses also shared developments in transportation alternatives.

Credit Report Service Frank Preli, vice president of energy at UTC Power, a division of Hartford, Conn.-based United Technologies Corp., said that hydrogen fuel cells are available today for buses. He said fuel cells for cars and trucks "are a decade away."

Blogspot Com Christian "They represent the most demanding application in terms of cost, packaging and infrastructure," he said.

Christian Counseling Credit Alan Gotcher, president of Nevada-based Altair Nanotechnologies, said his company has developed lithium batteries that could replace the internal combustion engine. He said his company's battery fuel cells could power a five-passenger vehicle for up to 350 miles per charge and recharge in less than eight minutes.

Credit Federal Service Union Gotcher said the batteries have a life cycle of up to 15 years.

Credit Monitoring Service "Typically, they're limited from 500 to as many as 900 cycles," he said. "Our batteries have been tested in our facilities and third-party facilities and contain up to 9,000 cycles."

Credit Division Service Sen. Byron Dorgan, D-N.D., said that more resources need to be devoted to developing new energy technology.

Card Credit Online Service "We stick little straws in the earth in various places and suck 84 million barrels a day out of this planet. We use 21 million barrels in this country." Dorgan said. "We need to find a way to convert."

Consumer Counseling Credit Inc Ensign asked the companies to get back to him with more information.

Card Credit Fleet Service "You could start playing with these developing technologies and really become energy efficient," Ensign said.

Card Consolidation Credit Source: Scripps Howard Foundation

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