Jul
Pickens Plan – A Plan for Alternative Energy
T. Boone Pickens, head of BP Capital Management and an early independent oil man, came out with his Pickens Plan and wrote about it in a piece in today’s Wall Street Journal. The basic premise is that this country has to stop importing foreign oil. To do this, he proposing using natural gas to power automobiles, which is already being done. In order to free more natural gas, he is proposing and is actually building wind farms in the central corridor of the country. This will free up the natural gas from being used for energy and allow it to be used to power vehicles.
Studies from around the world show that the Great Plains states are home to the greatest wind energy potential in the world — by far.
The Department of Energy reports that 20% of America’s electricity can come from wind. North Dakota alone has the potential to provide power for more than a quarter of the country.
Natural gas is also cleaner than oil.
Natural gas is the cleanest transportation fuel available today.
According to the California Energy Commission, critical greenhouse gas emissions from natural gas are 23% lower than diesel and 30% lower than gasoline.
Natural gas vehicles (NGV) are already available and combine top performance with low emissions. The natural gas Honda Civic GX is rated as the cleanest production vehicle in the world.
According to NGVAmerica, there are more than 7 million NGVs in use worldwide, but only 150,000 of those are in the United States.
The WSJ piece may explain it a little more concisely:
How will we do it? We’ll start with wind power. Wind is 100% domestic, it is 100% renewable and it is 100% clean. Did you know that the midsection of this country, that stretch of land that starts in West Texas and reaches all the way up to the border with Canada, is called the “Saudi Arabia of the Wind”? It gets that name because we have the greatest wind reserves in the world. In 2008, the Department of Energy issued a study that stated that the U.S. has the capacity to generate 20% of its electricity supply from wind by 2030. I think we can do this or even more, but we must do it quicker.
My plan calls for taking the energy generated by wind and using it to replace a significant percentage of the natural gas that is now being used to fuel our power plants. Today, natural gas accounts for about 22% of our electricity generation in the U.S. We can use new wind capacity to free up the natural gas for use as a transportation fuel. That would displace more than one-third of our foreign oil imports. Natural gas is the only domestic energy of size that can be used to replace oil used for transportation, and it is abundant in the U.S. It is cheap and it is clean. With eight million natural-gas-powered vehicles on the road world-wide, the technology already exists to rapidly build out fleets of trucks, buses and even cars using natural gas as a fuel. Of these eight million vehicles, the U.S. has a paltry 150,000 right now. We can and should do so much more to build our fleet of natural-gas-powered vehicles.
Go check out the plan for yourself. It seems viable and a much better option than ethanol or doing nothing. He still believes we should investigate other alternative sources as well.
I believe this plan will be the perfect bridge to the future, affording us the time to develop new technologies and a new perspective on our energy use. In addition to the plan I have proposed, I also want to see us explore all avenues and every energy alternative, from more R&D into batteries and fuel cells to development of solar, ethanol and biomass to more conservation. Drilling in the outer continental shelf should be considered as well, as we need to look at all options, recognizing that there is no silver bullet.







There is a public Forum for discussions about Pickens plan :
July 10th, 2008 at 12:41 pmhttp://www.pickensenergyplan.com
Cheers.
Nice writing,, Will come back
June 27th, 2009 at 1:24 amI’ve liked reading these types of blogs. Intriguing stuff! Solar energy has always been a fascination with me.
March 30th, 2010 at 2:45 pmWind power is a good source of electricity but it also takes up lots of space just like solar power plants.”::
April 30th, 2010 at 7:33 pmEvery government should focus more on Alternative Energy so as not to be too dependent on Oil and avoid air pollution as well.’~`
April 30th, 2010 at 10:37 pm