RE<C – Solar Thermal to beat Coal in 3 years

Google closing in on cheap renewable energy – Technology – livemint.com

Weihl said the odds of success had gone up in the last year or so from a long shot to a real possibility of demonstrating working technology in a few years’ time.

“It is even odds, more or less,” he said. “In three years, we could have multiple megawatts of plants out there.”

The company has made investments in advanced geothermal and wind, but engineers inside Google are focused mostly on solar thermal, in which the sun’s energy is used to heat up a substance that produces steam to turn a turbine. Mirrors focus the sun’s rays on the heated substance.

By contrast, photovoltaic solar cells, the most commonly known form of solar power, turn the sun’s rays directly into electricity.

“We are looking at ways of cheaply getting to much higher temperatures and also making the heliostats, the fields of mirrors that have to track the sun, reflect the sun, keep it focused on the target we are trying to heat up — make those much, much cheaper. And I think we’ve made some really interesting progress in the last six to nine months,” he said.

Solar thermal has the best economics right now for a competitive energy resource. Solar PV is many years away and Google is doing the right thing by concentrating on this.

The three years timeframe is really great. This would be the start of the energy revolution. May be the next stage in cheap energy for the world and especially for developing countries. And it took only $50m till now!

I like the way Google has encapsulated a very important idea in a simple, mathematical form of Renewable Energy is less than Coal – RE<C.

More on this in the following videos (from Reuters)

Bill Weihl on RE<C

Weihl on solar thermal

Lessons from the Indian aviation experience

Leaving profits on a jet plane – Views – livemint.com

The International Air Transport Association (Iata) noted earlier this week that though India comprises 2% of global air traffic, it accounts for nearly 25% of global airline losses this year. India is, then, a high-cost environment—slowdown or not.
First, infrastructure imperils airline finances. There are few airports in India, and that too with poor facilities that leave aircraft circling for hours. Yet, their monopoly lets them levy high charges: Noting the 207% increase in airport charges in Mumbai and Delhi over the past year, Iata has put them on a “wall of shame”. Personnel costs are high for similar reasons.
Second, government interference decreases profitability. The high sales tax on fuel, along with government guidelines on what routes airlines can fly, leaves balance sheets bleeding. These have been in place for long, and weren’t going to disappear suddenly.

In any industry this will create a reduction in profits.

Charlie Munger commented a long time ago that in total the aviation industry has created a loss of shareholder value.

The Indian aviation industry needed to go beat this history but handle a couple of its own little issues.

Queensland 2009 Sustainable Industries Awards Finalists

The annual Queensland sustainable industries finalists have been announced in 7 categories.

ClimateSmart Leadership Award

Innovative companies like Mitchell Enviro Industrial Estate are present.

The Mitchell Enviro Industrial Estate at Stapylton, south of Brisbane, is Australia’s first industrial estate that is 100-percent self-sustaining and carbon neutral.

The estate receives no water, electricity, or sewerage bills as its water pumps, street lighting and security system are all driven by grid-connected on-site solar power. The property has a four mega litre dam, which is home to native wildlife and a recreation area for employees. All rainwater is collected and treated on-site for drinking water, while runoff from the road is stored in tanks and used for irrigation.

The warehouses’ design reduces the need for artificial heating and cooling: they all face north, canopies protect the northern walls from the sun in summer, all western walls are insulated, and high quality translucent sheets provide natural lighting for all of the sheds.

Environmentally responsible materials have been used throughout, the buildings and fittings have been recycled, and all timber throughout the estate has been sourced from sustainable forestry plantations.