Defining the opportunities for the expanded use of renewable energy in support of national defense
The Department of Defense (DoD) is the largest industrial consumer of oil in the world, using 125 million barrels of oil in FY 2010, which was more than that consumed by 82% of the worlds countries individually in 2010. At a time of fiscal constraint, DoD projects that energy costs will increase significantly and it will spend $150 billion over the next decade on fuel and electricity. The use of renewable energy in combat operations can reduce the need for hazardous fuel convoys, which were associated with 12% of Army casualties in Iraq and 35% of Army casualties in Afghanistan in 2007. Renewable energy and efficiency improvements can increase warfighter capability and cut operational and military base energy costs.
Business Models for Renewable Energy Electricity in the 21st Century
Electric power provides an increasingly important part of our energy economy as we rely on more electric-powered technology, and explore the electrification of a portion of the transportation sector. The Power Generation & Infrastructure Initiative recognizes that power generation companies across the U.S. are employing a host of strategies to integrate renewable energy into their operating systems. This Initiative will examine these strategies and the opportunities and challenges related to the expanded use of renewable energy. The Initiative will explore the regulatory framework, the changing nature of customer relations, emerging financing structures, the advent of new technologies, and what this all means for power generation companies and related industries toward the effective integration of renewables.