Alternative Energy Panel | Full Interview | Code 2022

Discover the latest insights and innovations in the alternative energy industry, from renewable energy solutions to hydrogen's potential impact, and learn how the private sector and government are driving progress.

Key takeaways
  • Renewable energy must be incorporated to solve the world’s energy problems.
    • There are 12 companies working on renewable energy projects.
    • Wave energy technology is gaining traction.
    • Incentives are needed to drive investment in renewable energy.
  • Regenerative energy and good land management practices can help reduce waste.
    • The cost of getting a geothermal system is high, but innovative technology can reduce costs.
  • Hydrogen has the potential to be a big winner in the energy market.
    • Hydrogen is a clean, efficient fuel source.
    • It can be produced from renewable energy sources.
  • The private sector must take the lead in investing in renewable energy.
    • Companies must take advantage of incentives to drive investment.
  • The United States is investing heavily in renewable energy.
    • The Inflation Reduction Act allocates $369 billion to renewable energy.
    • Private companies are investing in renewable energy projects.
  • The cost of energy storage is a major challenge.
    • Electric vehicles can help reduce the cost of energy storage.
  • Government policies and regulations can have a significant impact on the renewable energy industry.
    • Clear regulations can encourage investment and innovation.
  • Carbon offsetting is an important part of the renewable energy industry.
    • Carbon offsetting allows companies to compensate for their carbon emissions.
  • Heat pumps can be an efficient and cost-effective way to heat buildings.
    • Heat pumps use renewable energy to heat buildings.
    • They are a more efficient and cost-effective option than traditional heating systems.
  • Building electrification is an important part of the renewable energy industry.
    • Buildings are a major source of greenhouse gas emissions.
    • Electrifying buildings can help reduce emissions.
  • Wave energy has the potential to be a major source of renewable energy.
    • Wave energy can generate electricity from ocean waves.
    • It is a clean, reliable source of energy.