‘Silver Bullets’ for Solving the Energy Crisis #12 – Build Wind, Sun, Wave & Desalination Combo Plants

By admin | April 7, 2008

Submitted by EnergyTechStocks.com

Every energy expert says there is no single “silver bullet” for solving the global energy crisis. But that doesn’t mean there aren’t a bunch of silver bullets, each one of which might solve a part of this crisis, and do so in a way that makes investors a lot of money. EnergyTechStocks.com has loaded up its six-shooters with silver-bullet solutions to different aspects of the energy crisis which, in its opinion, aren’t just technologically feasible but, just as important, politically and financially viable as well.

Silver Bullet #12: Start treating America’s (and the world’s) water, energy and environmental problems as one by building desalination plants powered by renewable energy sources, primarily sun, wind and wave power.

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It’s no secret that America (and many other parts of the world) has a freshwater crisis to go along with its energy supply and air pollution crises. It’s time to start treating them as one, by building a large number of water desalination plants that run on renewable energy.

The rapid recent development of each of these alternative energy sources makes this an ideal time to build such facilities all over the world. While siting would no doubt run into “not-in-my-backyard” issues in the U.S., NIMBY mightn’t be nearly the problem it is when trying to site a coal-fired power plant if this combo plant featured a concentrating solar power plant (CSP), a small onshore or offshore wind farm, and a wave power installation that captured the ocean’s own energy and converted it into electricity.

If such a facility could somehow be used as a means to preserve America’s dwindling wetlands, Americans might really buy into it. But whether or not Americans will go along, the United Nations, the World Bank and other global institutions should financially back such installations in other countries on the verge of water crises, especially in the Middle East.

Such an initiative couldn’t help but benefit investors in any number of solar, wind and wave power companies, as well investors in the major engineering firms that build desalination plants. Wave power firms might benefit the most, because this technology remains largely undiscovered by financial markets.

You can get a good feel for specific companies that might benefit by checking out EnergyTechStocks.com’s home page.

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