We tend to take energy for granted. It’s something that you can obtain on tap. Although we know that much of our energy use is based on fossil fuels like oil, gas and coal, it appears our need for instant energy outweighs any other concerns. This is leading us into a false sense of security. It’s false because we should know that the price of much of our energy tends to double every 10 years. That is a 7% rise per year on average, despite the bumps in the graph, or occasionally lower prices as OPEC or US frackers release more fossil fuels on the market than demand requires.
You can stay with the crowd and go through life oblivious to your energy use and how it incrementally ruins your entire financial security by piecemeal that you don’t even notice, or you can learn about how to invest in clean renewable energy that will long-term help you save money and the environment.
Of course you could just employ a number of contractors – specialists to look at your home or business – to do this for you. However, it is well known that they don’t really give you the financial data that you require, because many of them believe (erroneously) that customers don’t understand better types of metrics that actually tell them whether the proposed renewable energy is a good idea or not from a financial point of view over the long-term. This is a glaring failure in the industry which also has a odd impact on the market, because some poeple are put off by being given yearly income or savings that actually tell them very little. Okay, but what about payback period also known as ‘break-even’?
If you think that is a good metric, well think again. Payback times are very misleading. Why? Because money changes value over time. Also, you need to be able to compare investing in say a solar PV system with alternatives (like stock market investments or bonds). Unless you do this comparison, you are totally in the dark. The question you need to ask yourself is: what would be better metrics to tell me for near certain whether buying this product is a good idea? That’s what our second course will give you.
These are the reasons why I decided to produce my courses. These courses focus on helping anyone – you don’t need to be physics graduate – to learn how micro-renewable energy technologies work, and assess them using metrics dervied from the stock market. A point highlighted by one of my students who worked in that industry and immediately recognised the added value of using these techniques.
On top of my Micro-Renewable Energy for Beginners and the Finance for Micro-renewable energy I’ve added an even more profound course. This is for people who want to take their learning to the next level. That is, they want to be Energy Futurists.
An Energy Futurist is someone who can advise others on how to utilise micro- and larger scale renewable energy, over the long-term, and recognise that there is another threat, other than Climate Change on the horizon. This threat is rarely dwelt upon by the media, largely because it is relatively far away (or so it appears at first). Unlike Climate Change whose worst impact is according to the IPCC a 1000 years away, it is an immediate threat relatively speaking, something that is already happening, and likely to start to become noticeable by 2035 (or 2026 according to some like Dutch Shell) with its major impact happening sometime in mid-century. That’s when many of you reading this will be old and grey, and my mind will be long terminated, but hopefully you might remember this blog! This course is called ‘The Bigger Picture: the probable future of energy’ and its aim is to highlight the coming energy crisis and look at possible solutions to it.
This course is something you cannot get anywhere else. It’s the combination of years of research and builds upon many sources. It provides you a means to see the problems of meeting human energy demands, reducing toxic pollution and compromising the very existence of human civilization, with practical energy economic models, such as the Hydrogen Economy, the Renewable Electric Energy Economy and the Plutonium & Synthetic Fuel Economies. These models will help you see the future in a whole new light.
We also plan to release a futher course on Energy from Space: the Final Frontier? This course will look at the possibility of utilising energy from space. As we know, much of our solar energy is absorbed by the atmosphere. If we used solar panels or such like in space we would immediately see huge returns. We’d need a way to beam this back to earth. Also we might want to start by building space stations on the moon. This is of course just one idea. There are many others including mining for energy on extra-terrestrial bodies. We’ll be looking at all of those ideas.