Non-traditional views about biomass and energy
It is not electric distribution but all forms of energy averaged into the utilization percentage. As a common example, a motor vehicle engine only converts about 40 percent of the potential energy in gasoline to moving the vehicle.
Beyond slippage, another area of entrepreneurship might involve energy storage. “We have huge technological and financial hurdles to energy storage, and we have not cracked that nut yet. If you want to be richer beyond Bill Gates or Warren Buffet’s dreams, you figure out a way to store electricity cheaply, safely and sustainably,” Hammarlund said.
Additional energy thoughts
He continued with an emphasis on talking about electricity. “We pay for the entire system to meet the peak, and there are tremendous opportunities out there to shave that peak use,” he explained. “I think load shifting, peaking shaving, and valley filling will be part of the marketplace out of necessity because our infrastructure is so poorly maintained. Ultimately, I believe it is the smartest thing to do anyway regardless of the transmission and distribution system."
Hammarlund said, “I’m trying to make you think bigger about the solutions across the entire value chain and all customer bases. There are tremendous opportunities out there."
Various points of additional information and food for thought provided by Hammarlund included:
- Not all coal-fired plants, ethanol plants or wind turbine units are equal, and it is misleading to look at them as single units of energy production with the same level of efficiency.
- There are few energy technologies and energy solutions that don’t have some kind of environmental wart. We have to be cognizant of it because there are environmental interests everywhere.
- Seventy-eight percent of all the energy in the U.S. is consumed on the coasts.
- There are only 14 states in the U.S. with more than 1,000 megawatts of wind power production.
- The hot, humid southeast United States does not have much wind power potential.
- In general, we have very little solar energy generation taking place in the U.S.
- Solar, water and thermal energy combinations have good potential for residential use.