Energy Media Articles

Excerpts of Key Energy Media Articles in Major Media

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Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.

Venture capitalists are pouring hundreds of millions of dollars into [Silicon] Valley solar startups pursuing technological breakthroughs to make sun power as cheap as fossil fuel. Three of the largest tech IPOs of 2005 were for solar companies. The world's largest chip-equipment maker will begin producing machines to manufacture solar wafers, laying the groundwork for an industrial infrastructure that should lower the cost of producing solar cells. Solar energy has just the sort of oversize potential that the titans of tech saw in computing: a free and practically inexhaustible power source. California is also committing $3.2 billion to fund a drive to install solar panels on a million rooftops by 2018, and a November ballot initiative ... would tax Big Oil to provide $4 billion in funding for alternative-energy research, programs, and startups. Perhaps no startup has benefited more from the solar gold rush than Nanosolar. The Palo Alto company ... has racked up more than $100 million in funding so far. Nanosolar is pursuing a technology that produces solar cells on a film that's a 100th the thickness of conventional silicon wafers. Its ultimate goal: integrating thin-film cells directly into building materials. A skyscraper's glass windows, for instance, could be embedded with thin-film cells, giving them energy-producing capabilities. Nanosolar plans to build a manufacturing facility next year ... that will eventually produce 430 megawatts' worth of solar cells per year. That would nearly triple the nation's manufacturing capacity and make Nanosolar one of the world's largest solar producers. Thanks to aggressive government subsidies, Germany and Japan are currently the global leaders in solar production.

Note: With all of its talk about energy independence, why isn't the U.S. aggressively supporting research into solar power like Japan and Germany? For reliable, verifiable information which answers this question, click here.

The Plasma Converter ... can consume nearly any type of waste—from dirty diapers to chemical weapons—by annihilating toxic materials in a process ... called plasma gasification. A 650-volt current passing between two electrodes rips electrons from the air, converting the gas into plasma. The plasma arc is so powerful, it disintegrates trash into its constituent elements by tearing apart molecular bonds. The system is capable of breaking down pretty much anything except nuclear waste. The only by-products are an obsidian-like glass [and] a mixture of primarily hydrogen and carbon monoxide that can be converted into a variety of marketable fuels, including ethanol, natural gas and hydrogen. Perhaps the most amazing part of the process is that it’s self-sustaining. Once the cycle is under way, the 2,200°F syngas is fed into a cooling system, generating steam that drives turbines to produce electricity. About two thirds of the power is siphoned off to run the converter; the rest can be used on-site for heating or electricity, or sold back to the utility grid. Even a blackout would not stop the operation of the facility. New York City is already paying an astronomical $90 a ton to get rid of its trash. According to Startech, a few 2,000-ton-per-day plasma-gasification plants could do it for $36. Sell the syngas and surplus electricity, and you’d actually net $15 a ton. But the decision-making bureaucracy can be slow, and it is hamstrung by the politically well-connected waste-disposal industry. Startech isn’t the only company using plasma to turn waste into a source of clean energy. A handful of start-ups—Geoplasma, Recovered Energy, PyroGenesis, EnviroArc and Plasco Energy, among others—have entered the market in the past decade.

Note: Why hasn't this amazing, proven machine and technology made front page headlines? Read the exciting article at the link above to find how it is already being used. For why you don't know about it, read this excellent article on how such inventions are suppressed.

The government for decades has failed to meet legal deadlines for tougher energy efficiency standards for appliances and other equipment, costing consumers and industry tens of billions of dollars in electric costs, a congressional study said Thursday. The Government Accountability Office reported that over several decades the Energy Department has "missed all 34 congressional deadlines for setting efficiency standards," with delays ranging from several months to as long as 15 years. The standards approved by Congress seek to reduce energy use from a broad range of products from refrigerators and home heating systems to electricity grid transformers and electric motors in factories. If the deadlines had been met on only four widely used consumer products - refrigerators, freezers, central air conditioners and heat pumps - consumers would have saved $28 billion in accumulated energy costs by 2030 - because more energy efficient products would have been on the market sooner. Andy Karsner, the department's assistant secretary in charge of energy efficiency programs, acknowledged the department has had "a simply abysmal" record on meeting efficiency standard deadlines set by Congress.

Note: Could it be that the powerful energy lobby didn't want these policies instituted? For more, click here.

A few small companies and maverick university laboratories, including ... one at U.C.L.A. run by Seth Putterman, a professor of physics, are pursuing quixotic solutions for future energy, trying to tap the power of the Sun — hot nuclear fusion — in devices that fit on a tabletop. Dr. Putterman’s approach is to use sound waves, called sonofusion or bubble fusion, to expand and collapse tiny bubbles, generating ultrahot temperatures. At temperatures hot enough, atoms can literally fuse and release even more energy than when they split in nuclear fission, now used in nuclear power plants and weapons. Furthermore, fusion is clean in that it does not produce long-lived nuclear waste. Dr. Putterman has not achieved fusion in his experiments. He and other scientists form a small but devoted cadre interested in turning small-scale desktop fusion into usable systems. Although success is far away, the principles seem sound. Achieving nuclear fusion, even in a desktop device, is not particularly difficult. But building a fusion reactor that generates more energy than it consumes is far more challenging. Impulse Devices, a small company in the small town of Grass Valley, Calif., is exploring the same sound-driven fusion as Dr. Putterman, pushing forward with venture capital financing. Its president, Ross Tessien, concedes that Impulse is a high-risk investment, but the potential payoffs would be many. “You solve the world’s pollution problems,” Mr. Tessien said. “You eliminate the need for wars. You eliminate scarcity of fuel. And it happens to be a very valuable market. So from a commercial point of view, there’s every incentive. From a moral point of view, there’s every incentive. And it’s fun and it’s exciting work.”

Note: To read about a wide array of revolutionary energy technologies, click here.

From a plug-in hybrid car to the sexy electric Tesla Roadster, celebrities wanting to make a green statement on the way to the red carpet of the Oscars will have plenty of environment-friendly rides. Global Green USA has lined up 30 cars to shuttle the likes of Leonardo DiCaprio and Davis Guggenheim, director of the Oscar-nominated documentary on global warming "An Inconvenient Truth," to the star-studded ceremony in Hollywood. The environmental group began the green limousine campaign five years ago at the Oscars to raise awareness among the tens of millions of viewers worldwide about alternative fuel cars, energy independence and solutions to global warming. On a Hollywood parking lot ahead of Wednesday's Global Green USA celebrity party, Steve Schneider showed off his tiny $10,000 ZAP (Zero Air Pollution) cars made in California. One was a mini pick-up and the other a three-wheeler. "It is the first time that common people can be introduced to this type of technology," said Schneider. "We are trying to have mass appeal. This vehicle operates at a cost of a penny a mile." But it is the two-seat, scarlet-colored prototype of the Tesla Roadster, invented and financed in Silicon Valley, that will be the coveted car pulling up to the red carpet. Already 330 celebrities, including George Clooney, have signed up to buy the electric car that goes from 0 to 60 mph (0 to 100 kph) in four seconds. Production will begin later this year and the base price is $92,000, although the company also is working on a sedan that will cost between $50,000 and $65,000.

Note: If the above link fails, click here. Why has the media given so little attention to these breakthrough vehicles? For a possible answer, click here.

Within five years, solar power will be cheap enough to compete with carbon-generated electricity. In a decade, the cost may have fallen so dramatically that solar cells could undercut oil, gas, coal and nuclear power by up to half. Anil Sethi, the chief executive of the Swiss start-up company Flisom, says he looks forward to the day - not so far off - when entire cities in America and Europe generate their heating, lighting and air-conditioning needs from solar films on buildings with enough left over to feed a surplus back into the grid. The secret? A piece of dark polymer foil, as thin a sheet of paper. It is so light it can be stuck to the sides of buildings. It can be mass-produced in cheap rolls like packaging - in any colour. The "tipping point" will arrive when the capital cost of solar power falls below $1 (51p) per watt, roughly the cost of carbon power. The best options today vary from $3 to $4 per watt - down from $100 in the late 1970s. Mr Sethi believes his product will cut the cost to 80 cents per watt within five years, and 50 cents in a decade. "We don't need subsidies, we just need governments to get out of the way and do no harm," he said. Solar use [has] increased dramatically in Japan and above all Germany, where Berlin's green energy law passed in 2004 forces the grid to buy surplus electricity from households at a fat premium. The tipping point in Germany and Japan came once households [understood] that they could undercut their unloved utilities. Credit Lyonnais believes the rest of the world will soon join the stampede. Needless to say, electricity utilities are watching the solar revolution with horror.

Note: Why is this inspiring, important news getting so little press coverage? And why not more solar subsidies? For a possible answer, click here. And for an amazing new energy source not yet reported in the major media which could make even solar energy obsolete, click here.

Two of three former Enron Corp. traders accused of driving up energy prices during California's power crisis were each sentenced Wednesday to two years of court-supervised release in federal court. Timothy Belden ... was sentenced after pleading guilty in October 2002 to one count of conspiracy to commit wire fraud. Belden's plea was the first prosecution of anyone related to the West's energy crisis in 2000 and 2001. He had faced up to five years in prison, and must forfeit $2.1 million. The second defendant, Jeffrey Richter, was a lower-level trading manager ... who also pleaded guilty to two counts related to manipulating energy prices. He had faced up to five years and agreed to pay a $410,000 fine. Internal company memos describe how Belden's trading unit took power out of California at a time of rolling blackouts and shortages and sold it out of state to elude price caps. Enron bought California power at cheap, capped prices, routed it outside the state, then sold it back into California at vastly inflated prices. The crisis played a role in Pacific Gas & Electric Co.'s bankruptcy and will leave California consumers paying abnormally high electricity prices for years. Transcripts of Enron energy traders showed them openly discussing manipulating California's power market during profanity-laced telephone conversations in which they merrily gloated about ripping off “those poor grandmothers” during the energy crunch. On the calls, other traders openly and gleefully discussed creating congestion on transmission lines and taking generating units off-line to pump up electricity prices.

Note: So while California taxpayers cough up hundreds of millions of dollars as a result of Enron's scheming and thousands of employees across the U.S. lost their entire pensions, the result of the first prosecution of anyone related to the Enron scam is probation? For lots more on this, click here.

Scientists and economists have been offered $10,000 each by a lobby group funded by one of the world's largest oil companies to undermine the UN climate change report. Letters sent by the American Enterprise Institute, an ExxonMobil-funded think tank with close links to the Bush Administration, offered the payments for articles that emphasise the shortcomings of the report. Travel expenses and additional payments were also offered. The institute has received more than $1.6 million from ExxonMobil - which yesterday announced a $50 billion annual profit, the biggest ever by a US company - and more than 20 of its staff have worked as consultants to the Bush Administration. A former head of ExxonMobil, Lee Raymond, is the vice-chairman of the institute's board of trustees.

Note: Why wasn't this important story covered by any major media in the U.S.? For an answer, click here.

The world's largest publicly owned oil company announced yesterday the largest corporate profit ever, but news of its near $40-billion (U.S.) windfall in 2006 sparked an angry backlash, coming on the eve of a major report blaming the use of fossil fuels for wreaking devastation on the planet. Exxon shares have risen by about 20 per cent in the past year. Exxon wasn't alone in unprecedented oil earnings. Royal Dutch Shell PLC, an Anglo-Dutch company, and U.S.-run Marathon Oil and Valero Energy, also posted best-ever annual results yesterday. And ConocoPhillips Co., also American, last week posted its highest profits. Profits at the five companies together totalled $91.1-billion -- in a year when drivers paid record prices for gasoline. Both Democratic and Republican members of Congress have also urged Exxon to end its funding of organizations that deny the existence of -- or minimize the seriousness of -- human-made global warming. Scientists yesterday accused the conservative American Enterprise Institute, which receives funding from Exxon, of offering scientists up to $10,000 for articles that undercut a report to be released today from the Intergovernmental Panel on Climate Change. Last month, the Union of Concerned Scientists ... said that Exxon has spent $16-million over the past 10 years financing organizations that deny the seriousness of climate change. Alden Meyer, a strategist with the group, compared Exxon's efforts to discredit the science of global warming to the tobacco companies' efforts to sow doubts about the link between smoking and lung cancer in order to protect their profits.

Note: Compare this Canadian article with the New York Times reporting of this record profit, or that of any other major U.S. newspaper. The U.S. press barely mentions that oil company gouging which took dollars from your pocket is what led to record profits. To understand why the U.S. press behaves in this way, click here.

In 1975, after the oil embargo, Congress approved the most successful energy-saving measure this country has ever seen: the Corporate Average Fuel Economy system, known as CAFE, which set minimum mileage standards for cars. Within 10 years, automobile efficiency had virtually doubled, to 27.5 miles per gallon in 1985 from just over 14 miles per gallon in 1976. The mileage standards are still 27.5 m.p.g. Except for minor tweaks, Congress has refused to raise fuel efficiency requirements or close a gaping loophole that lets S.U.V.’s and pickups be measured by a more lenient standard.

Note: Thank you New York Times for pointing out what so few have bothered to mention. In the U.S., it is not the automotive industry that determines fuel mileage standards, but rather Congress. Whenever Congress has raised the mileage standard, industry complies and average mileage increases. When the standards are not raised, average car mileage for new cars stays the same. Yet Congress refused to significantly raise the standards from 1985 to 2012, despite the increasing talk of an energy crisis. Why? If you really want to know, click here and here.

The planet's most pressing environmental problems ... may seem just too big to be solved with today's technology. But don't despair: A lot of bright minds are working on futuristic projects that promise to make the world greener. It's save-the-world stuff like toxic-waste-eating trees, smart electricity grids, oceangoing robots, and floating environmental sensors. This technology may seem far out - but it will probably be here a lot sooner than you think. 1. Try a solar-powered hydrogen fueling station in your garage. It's about the size of a filing cabinet and runs on electricity generated by standard-issue rooftop solar panels. The first version of the home fueling station is expected to produce enough hydrogen to give your runabout a range of some 100 miles without emitting a molecule of planet-warming greenhouse gas. 2. Environmental sensor networks [provide] real-time data on a variety of phenomena that affect the economy and society - climate change, hurricanes, air and water pollution. 3. Toxin-eating trees ... a technology that uses vegetation to absorb hazardous waste from industrial plants and other polluters. 4. Nuclear waste neutralizer ... a chemical technology called Urex+ that extracts reusable uranium and separates out cesium, allowing four times as much waste to be packed into nuclear burial grounds. 5. Autonomous ocean robots. 6. Sonic water purifier ... a sci-fi solution for an age-old problem that leaves 1.1 billion people without access to clean water: 7. Endangered-species tracker. 8. The interactive, renewable smart power grid ... the electricity grid of the future ... will look more like the Internet - distributed, interactive, open-source - than the dumb, one-way network of today.

Note: For many other exciting discoveries of new energy sources, click here.

What could be greener than a hydrogen car in your driveway? Try a solar-powered hydrogen fueling station in your garage. Australian scientists have developed a prototype of such a device. It's about the size of a filing cabinet and runs on electricity generated by rooftop solar panels. The first version is expected to produce enough hydrogen to give your runabout a range of some 100 miles without emitting a molecule of planet-warming greenhouse gas. Road trips are out of the question, but it's enough juice for running errands or powering fleets of delivery trucks. Tests of the home fueling system began early this year with commercial trials two years off.

Thirty years after it was founded by President Jimmy Carter, the National Renewable Energy Laboratory at the edge of the Rockies here still does not have a cafeteria. The hopes for this neglected lab brightened a bit just over a year ago when President George W. Bush made the first presidential call on the lab since Carter. But one year after the presidential visit, the money flowing into the primary national laboratory for developing renewable fuels is actually less than it was when the Bush Administration took office. "Our budget is nothing compared to the price of a B-2 bomber or an aircraft carrier," said Rob Farrington, manager of advanced vehicle systems at the lab. The problem is that, despite a lot of promises, no one so far has wanted to pay the extra costs to make wind and solar more than a trivial energy source. Most of the money and attention is still focused on the dirty, but cheaper energy standbys: offshore oil, oil sands and coal. Companies can still deduct purchases of sport utility vehicles and utility bills. Meanwhile, fuel efficiency standards for automobiles have changed only slightly over the decades. Renewable energy today supplies only 6 percent of America's energy needs. Under current policies [renewables] would supply 7 percent of U.S. energy supplies by 2030 while coal would increase over the same period from 23 percent to 26 percent. While top energy companies are ... beginning to invest significant amounts of money in wind, solar and biomass, those investments pale in comparison with the resources they are pouring into making synthetic fuels out of oil sands, which emit significantly more carbon than conventional oil.

Note: With all the talk about oil dependence and energy crisis, why wouldn't the government and industry want to put serious money into development of new energy sources? For a startlingly clear answer, click here.

Turning corn into fuel is all the rage these days as America attempts to reduce its oil dependency. But a team of Metro Detroit researchers has identified a potentially cheaper and more Earth-friendly fuel source: peat, that half-rotted vegetation that covers a considerable chunk of Michigan. The scientists, from University of Detroit Mercy and Wayne State University, are working to develop what they call "pethanol" to run small, fuel-cell-powered vehicles such as golf carts and riding mowers. Because peat forms naturally and requires no fertilization, it's a benefit over corn, the researchers say. "Corn's biggest problem is that you only get one crop a year," said John Shewchun, an adjunct chemistry and engineering professor at Wayne State. "Peat is dirt cheap (to harvest), and with it you've got something that is easily replenished." In lab tests, the pethanol has also powered a fuel cell without the use of hydrogen, which eliminates the need for hydrogen storage tanks in fuel-cell vehicles. Benvenuto, principal investigator on the project, said if peat works as a fuel, the researchers will look at duplicating its success with other hearty native Michigan plants. He said the answer is likely not one plant, but a variety of sources. "None of the three of us think this will solve America's energy dependence," Benvenuto said. "But it will help."

Chuck Larue may be the man who drastically cuts your electricity bill. For fourteen years, Chuck and his partner have quietly been inventing a little micro controller called the "Plug Power Saver." He claims it works on all electric motors from your air conditioner to refrigerators, washing machines to whole house fans. He rigged a one-third horsepower motor to show us the savings. Without the controller, “It's drawing 171 to 180 watts." Plug in the Power Saver and, “It's trying to find the most optimum levels of power consumption. It actually has a microprocessor in here." After a few seconds, the motor is running strong but using half the electricity. And if you know anything about electricity, you know this motor running normally should be warm to the touch, it isn’t. That seems to show no extra electricity is being lost as heat. John Lander: This looks already to sell. Chuck Larue: Yeah it is, it's ready to go. John Lander: How much? Chuck Larue: $49.95. So you'd pay for the Power Saver in under a year. Chuck says he has 10,000 of these devices headed here from a manufacturing plant in Korea. Now all he has to do is find a retailer willing to sell it. Chuck says he has tried to interest the Governor and the utilities commission to sponsor his invention, but no one has called him back.

That 55-mile-per-gallon hybrid car you've been eyeing may end up being a 44-mpg hybrid. The federal Environmental Protection Agency announced a new system Monday for evaluating fuel economy that will lower mileage estimates for most vehicles. On average, vehicles rated under the 2008 method will post a 12% drop in city gasoline mileage and an 8% decline in highway mileage. With the new testing requirements, the EPA is attempting to come up with estimates that more closely reflect the real-world mileage motorists can expect when they purchase a vehicle. Under the current system ... actual mileage is often far lower than the posted EPA ratings. Hybrids will be hit harder because the new test eliminates some of the all-electric driving that helped them produce impressive results. A recent study ... found that the average mileage for passenger cars and light trucks was about 14% less than EPA estimates. The mileage for gas-electric hybrids probably will be 20% to 30% lower than present estimates for city driving and 10% to 20% lower on the highway. These vehicles quickly lose their all-electric advantage when operated in cold weather or quickly accelerated. The new EPA mileage estimates won't harm automakers' ability to meet federal rules requiring an industrywide average fuel economy of 27.5 miles per gallon for cars and 21 mpg for sport utility vehicles, pickup trucks and vans.

Note: The government could easily mandate higher gas mileage, but has not significantly raised the bar in almost 20 years. Why? The current average mileage for all cars is less than the mileage of the 1908 Model T. With all of the incredibly technological advances in other fields, how is this possible? For more on this vital topic, click here and here. Toyota came out with a hybrid that got 100 mpg in 2002. For what happened to it, click here. And to learn how a Toyota Prius can be converted to get 100 miles per gallon, click here.

An Associated Press analysis suggests that big oil companies have been crimping supplies ... across the country for years. The analysis, based on data from the U.S. Energy Information Administration, indicates that the industry slacked off supplying oil and gasoline during the prolonged price boom between early 1999 and last summer, when prices began to fall. The findings support a conclusion already reached by many motorists. Fifty-five percent of Americans believe gas prices are high because [of] oil companies. Though set back temporarily by the [9/11] attacks, the oil business has profited handsomely since then. The biggest six refiners ... rang up $400 billion in profits since 2001. Though reserves have kept pretty steady, the oil industry taps those resources to varying degrees from year to year. The industry has shelved an average of 21 percent more unrefined oil from the start of 2004 through last June. Last spring, stocks of shelved crude reached their highest level in eight years, despite the fabulous riches at hand in high prices then. The industry also protected profits by not building any new refineries. [And] thanks to mergers, the top 10 companies now control three-quarters of national refining capacity, up from half in the early 1990s. A 2001 study by the Federal Trade Commission reported that some firms were deciding to "maximize their profits" by crimping supply. One executive told regulators "he would rather sell less gasoline and earn a higher margin on each gallon sold." However upsetting to drivers, such tactics are usually viewed as legal. "A decision to limit supply does not violate the antitrust laws," regulators wrote in one FTC report.

At hundreds of screenings this year of "An Inconvenient Truth," the first thing many viewers said after the lights came up was that every student in every school in the United States needed to see this movie. The producers of former vice president Al Gore's film about global warming ... certainly agreed. So the company that made the documentary decided to offer 50,000 free DVDs to the National Science Teachers Association (NSTA). It seemed like a no-brainer. In their e-mail rejection, they expressed concern that ... they didn't want to offer "political" endorsement of the film; and they saw "little, if any, benefit to NSTA or its members" in accepting the free DVDs. As for classroom benefits, the movie has been enthusiastically endorsed by leading climate scientists worldwide, and is required viewing for all students in Norway and Sweden. But there was one more curious argument in the e-mail: Accepting the DVDs, they wrote, would place "unnecessary risk upon the [NSTA] capital campaign, especially certain targeted supporters." One of those supporters, it turns out, is the Exxon Mobil Corp. That's the same Exxon Mobil that for more than a decade has done everything possible to muddle public understanding of global warming and stifle any serious effort to solve it. It has run ads in leading newspapers ... questioning the role of manmade emissions in global warming, and financed the work of a small band of scientific skeptics who have tried to challenge the consensus that heat-trapping pollution is drastically altering our atmosphere. NSTA says it has received $6 million from the company since 1996. Exxon Mobil has a representative on the group's corporate advisory board.

The tangle of cables and plugs needed to recharge today's electronic gadgets could soon be a thing of the past. US researchers have outlined a relatively simple system that could deliver power to devices such as laptop computers or MP3 players without wires. The concept exploits century-old physics and could work over distances of many metres. Although the team has not built and tested a system, computer models and mathematics suggest it will work. "Resonance" [is] a phenomenon that causes an object to vibrate when energy of a certain frequency is applied. "When you have two resonant objects of the same frequency they tend to couple very strongly," Professor Soljacic [explained]. Resonance can be seen in musical instruments. "When you play a tune on one, then another instrument with the same acoustic resonance will pick up that tune, it will visibly vibrate," he said. Instead of using acoustic vibrations, the team's system exploits the resonance of electromagnetic waves. Electromagnetic radiation includes radio waves, infrared and X-rays. The team from MIT is not the first group to suggest wireless energy transfer. Nineteenth-century physicist and engineer Nikola Tesla experimented with long-range wireless energy transfer, but his most ambitious attempt - the 29m [it was actually 187 feet] high aerial known as Wardenclyffe Tower, in New York - failed when he ran out of money. A UK company called Splashpower has also designed wireless recharging pads onto which gadget lovers can directly place their phones and MP3 players to recharge them.

Note: What the article fails to mention is that Tesla's experiments previous to the 1903 Wardenclyffe tower were quite successful, so much so that J.P. Morgan was willing to pour huge amounts into the tower. When he learned, however, that Tesla's intention was to make energy available free to the public, he pulled the plug on the project and many of Tesla's amazing inventions were buried and erased from the history books. For verification, click here and here. For lots more on suppressed energy inventions, click here.

In the quest for oil-free power, a handful of small companies are staking claims on the boundless energy of the rising and ebbing sea. The technology that would draw energy from ocean tides...is largely untested, but several newly-minted companies are reserving tracts of water from Alaska's Cook Inlet to Manhattan's East River in the belief that such sites could become profitable sources of electricity. The site that is furthest along in testing lies in New York's East River, between Manhattan and Queens, where Verdant Power plans to install two underwater turbines this month. If all goes well, New York-based Verdant could have up to 300 turbines in the river by 2008. The turbines would produce as much as 10 megawatts of power, or enough electricity for 8,000 homes. With 12,380 miles of coastline, the U.S. may seem like a wide-open frontier for the fledgling industry, but experts say interest will focus on only a few. Government and the private sector in Europe, Canada and Asia have moved faster than their U.S. counterparts to support tidal energy research. As of June 2006, there were small facilities in Russia, Nova Scotia and China, as well as a 30-year-old plant in France, according to a report by EPRI. Tidal power proponents liken the technology to little wind turbines on steroids. Water's greater density means fewer and smaller turbines are needed to produce the same amount of electricity as wind turbines. Wave energy technology is less advanced than tidal and will need more government subsidies...however, the number of good wave sites far exceeds that of tidal. But a few companies are working aggressively to usher wave power into the energy industry.

Note: To understand why the U.S. is moving slowly, see http://www.WantToKnow.info/newenergysources.

Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.