Social Responsibility

A basic need for every human being is energy.  Any form of energy we use comes with a price.

 

The oil spill off the Gulf of Mexico in 2010 leaked onto the ocean floor an estimated 4.9 million barrels of oil.  The effect and true cost of the oil spill to the environment is not fully realized.  Coal is the most wide-spread fossil fuel around the world, and more than 75 countries have coal deposits.  This being the case coal power has played a major role in providing “base-load” electricity where it is most needed.

 

China alone now uses as much coal as the rest of the world combined.  It is estimated that 1 kilowatt hour of electricity from coal produces 2.4 pounds of carbon dioxide.

While Nuclear energy has no carbon dioxide emissions, concerns about operation, final waste disposal and liabilities of a nuclear accident are drawbacks.  Japan once known to produce 30% of its energy needs from nuclear, after the Fukushima nuclear accident, has none of its 54 reactors in operation.  The National Institute of Advanced Industrial Science and technology (AIST) of Japan, estimated the clean up to be as high as $58 Billion (US).

 

The demand for energy will continue to increase; it only makes sense to our environment that we continue to advance renewable forms of energy.

Challenges

Billions of people live with little or no electricity, while others abuse or miss-manage an abundance of it.  Decision makers are responsible to meet increase electricity demands with growing global populations and advancements in information technology.  This also means building expansive infrastructure to deliver more energy.

 

Renewable forms of energy are currently labeled inefficient.  The continuing growth of renew-ables depends on subsidies and other support by governments.

Integration of intermittent renew-ables in the electricity grid remains an issue as it results in additional costs for the System and higher electricity bills.

Solutions

In 2013 the World Energy Council released report on world energy resources, the forward made the following statement: “energy efficiency is a strategic ‘energy resource’ because every unit of energy saved – a so-called ‘negajoule’-is less expensive than producing the same amount of energy”.

 

The NWG wind turbine drive is designed to provide an increased energy output per footprint, creating a more efficient drive. The NWG Energy Storage system is the solution to providing a level playing field in the electrical industry.

The end goal is to replace coal power as a base load supplier, with wind and storage.  Energy Storage will also provide alternate power solutions for customers in the field of mining, remote communities, grid smoothing, hydro back up, nuclear back up, and off peak storage for peak power supply.

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