Juwi Analysis

Siemens has two areas where they maintain a current competitive advantage – wind technology and solar energy. Wind power has been viable since 1980, and is one of the fastest growing alternative energy sectors; it maintains promise for continued growth through the next several decades.

On the same note, the energy revolution spoken of above brings forth another advance in the ongoing global climate situation. The nature of the Kyoto Protocol calls for nations to increase research and eventually semi-convert their energy usage to accommodate for cleaner energy. Products such as solar power, wind power, biomass, geothermal power, and hydropower are now widely being studying to create processes that use less coal, oil, and natural gas in production. Altogether the results have

Each year the cost of designing, building, and maintaining renewable energy infrastructure and technology decreases. This trend is most prominently visible in the solar and wind industries which have both “seen stock prices jump since Congress approved an extension of tax credits for renewables” in late 2015 (Warrick). One cause for the renewable industry’s growth is the influx of investors. In November 2015, Goldman Sachs “quadruple[d] its investments in renewables to $150 billion,” a trend that has only become more prevalent in 2017 (Warrick). Part of the strong appeal of renewable energy is that it pays itself off over time. Instead of paying an electric bill every month, year after year, one can pay to have solar panels installed, that while initially expensive, never require additional payments. Not only are they free after the initial payment, some electric companies pay customers for installing panels and investing in clean energy. Many people complain that renewables produce far less power per dollar than coal, natural gas, and oil. While this may be true, the gap is quickly closing as renewable technology improves and prices drop. The convenience of only needing to pay once for renewable infrastructure far outweighs the greater power output that non-renewables provide for

Continued investment should be encouraged in order to develop the best technology in energy for the future. Continued investment will allow for new and exciting developments that will improve the energy industry in the long run. It will assist the industry in satisfying the growing demand and need for sustainability. There are a number of political and legal factors that are significant to the energy industry. For example, laws and government regulation on energy use could potentially affect the demand for domestic energy and thus lead to a shift in prices. However, with an increase of clean energy use, the demand for energy will not change dramatically due to laws and regulations, instead, the future prosperity of the globe will improve.

Alternative energy has been a major focus of many countries for a few decades now in order to

We need to incorporate renewable energy for power and electricity through resources such as sunlight (solar panels), wind (turbines), rain (micro hydro systems), and geothermal heat (power plants) instead of using fossil fuels.

In contrast, some believe that renewable energy is a key factor involved in helping the economy to grow. Many jobs are created in the manufacturing and running of renewable energy plants. The renewable energy and energy efficiency technologies created 8.5 million new jobs and $970 billion in revenue in the year 2006 (Langwith, “Renewable Energy is Economically”). The American Solar Energy Society says by 2030 it could generate up to $4.5 trillion in revenue for the U.S and create 40 million new jobs. This would represent one in every four jobs (Langwith, “Renewable Energy is Economically”). This shows how vital it is to get renewable energy companies in the U.S. It is important to build a stable economy again and do it all while helping the environment.

* There is also a stable feed-in tariff (being backed by the government for 20 yrs) of $0.42/kWh

The company’s alternative energy investments including wind, solar, biofuels, carbon sequestration and storage, and other energy-saving measures. While BP has made significant developments in all of the sectors, BP should focus on solar and biofuels in the future. The company’s large investments in solar and biofuels are positioned to revolutionize alternative energy. The company’s decision to create two of the world’s largest solar plants in Spain illustrate BP’s commitment to providing solar energy to homes. BP has focused on decreasing greenhouse gas emissions through projects across the world, specifically in the United

Another way governments have been trying to implement renewable energy is through feed-in tariffs. Feed-in tariffs usually consist of some type of purchase obligation and also a tariff payment on renewable energy that is fixed for every unit of electricity (Jacobs, 2012, p. 43). The grid operator involved in the purchase obligation must buy the renewable electricity no matter what (Jacobs, 2012, p. 43). The producer has the right to a certain amount of money for every unit of electricity that they produce (Jacobs, 2012, p. 43).

The renewable energy from wind energy has become a popular method of producing energy. When the world realized fossil fuel emission are harmful to our atmosphere, many countries started to look toward renewable energy sources. In recent years the U.S. has given tax incentives and tax breaks for using a renewable energy sources. The U.S. has become the leaders in using wind energy for a renewable resources. Even though wind power energy is growing in popularity among government officials and the general public, however wind energy has some problems and challenges in providing energy to the world, both in the short and the long term. Wind energy used alone is not the approach

The U.S. Energy Department estimates that wind turbines could provide a fifth of the nation's electricity by 2030, up from about 1 percent today

Fossil fuels are having great impacts toward nature such as global warming and greenhouse effect. Plus, the depletion of it contributes to the rising price of petroleum. Therefore, wind power rise as it is a source of clean, non-polluting renewable energy (Nash, 2008). This type of energy generation provides us with loads of benefits environmentally and economically.

Integrated framework for technical and financial support to private players should be set up. Bilateral and regional trade agreements should be to foster investment in energy and to fulfill the objective of energy efficiency (OECD, 2007).

Feed-in tariffs as well as feed-in premiums supported renewable electricity generation. These rates were guaranteed for 20 years with hydropower generators’ rates being guaranteed for 30 years. Additionally, investment support and green bonuses were given to renewable heating sources. Furthermore, a sharp decline in the prices of solar panels led the Czech Republic to become the 4th largest in terms of newly installed photovoltaic systems (5).