US Military Investing $10 Billion a Year in Renewable Energy by 2030

26/10/2011

The US Army has announced that it has formed a new Energy Initiatives Task Force that will assess renewable energy projects, vet potential suppliers and develop new technologies to support the Army's growing commitment to powering its bases and its missions with renewable energy.

The Task Force is part of a Pentagon effort to reduce its dependence on fossil fuels and embrace renewable energy sources as the military confronts the issues of energy costs, energy security for remote bases and operations and the effects of energy on strategic goals. According to a recent report from Pike Research, annual spending on renewable energy by the US Department of Defense (DOD) will reach $10 billion (USD) by 2030. While a significant portion of this will be spent on facilities operations, including permanent bases, the majority of the spending will be for mobility applications, including portable soldier power, as well as land, air and sea vehicles.

Pike Research estimates that the DOD currently spends approximately $20 billion per year on energy—75% for fuel and 25% for facilities and infrastructure. Among the key sectors that will receive significant Pentagon attention and investment over the next two decades are solar power for both permanent bases and temporary facilities; fuel cells for individual soldier power; microgrids for military facilities; and bio fuels for military vehicles. The Navy's "Great Green Fleet" initiative is expected to shift to a largely bio-fuels-driven fleet by 2016. The total market for renewable energy for mobile power for forward bases and temporary installations, for instance, is forecast to reach $6.1 billion by 2030.

By way of comparison, the total annual expenditure by China on renewable energy for military applications will reach $4.5 billion in 2030.

Source: solarnovus.com

Same Category

Energy saving tips for your winter

04/10/2024

Clean energy brings stable electricity supply to Truong Sa Archipelago 02/11/2022
Energy shifting towards a green economy 07/10/2021
Reduce your energy bills this fall with these tips 28/09/2021
Looking to save on your energy bill? Here are some easy tips 28/09/2021

10 ways to save water at home 26/09/2021

As we face these effects of climate change, conserving water becomes increasingly important. Saving water also means saving money; the average American family spends more than $1,000 on water a year, which can be diminished significantly by addressing the way we use water in our daily lives.
Saving electricity – Practical tips that cut through the noise 26/09/2021

Power is essential for lighting and running appliances at homes and in businesses. With its ever-increasing costs, consumers constantly compare electricity in addition to other practical ways to save electricity.
Energy saving tips for the home – 7 ways to lower your bills 26/09/2021

Worried about soaring gas prices? Our energy saving tips for the home are a great way to lower gas and electricity bills and save precious cash
Quantum chemists conjure recipe to turn gold, silver and copper into vessels of green energy 23/09/2021

Quantum chemists believe gold, silver and copper could help the world take a leap towards green energy after discovering that compounds based on these metal elements and hydrogen are very promising candidates for hydrogen storage.
As heating bills go up, put your energy into keeping costs down 16/09/2021

With wholesale energy prices soaring, millions of householders will face bigger bills next month. But there are ways to save.
5 easy ways to improve energy efficiency 16/09/2021

In addition to navigating a deadly pandemic, improving energy efficiency is likely the top priority for today’s building owners facing costly, mandatory retrofits by 2025.
How to solve the investment puzzle of clean energy transitions in the developing world 19/02/2021

This article looks into three areas where efforts are needed to accelerate investments in clean energy transitions
Viet Nam News Economy Lessons from solar: Rush to invest in wind power plants to get high tariffs could overload grid 09/02/2020

The rush to invest in wind energy to take advantage of the Government's pricing incentives could lead to overloading of the national grid in a repeat of the solar scenario, experts warn.