Wednesday, August 13, 2008

The Answer To The Energy Problem

The change has taken Denmark nearly two decades to implement, but the most critical step was the introduction of smart- or net-metering, which required utilities to buy back electricity from consumers at 85% of the price. Denmark's success has convinced a growing number of policymakers and energy executives to follow suit.
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Before John McCain and Barack Obama say another word about America's energy future, maybe they should go to Denmark.

Denmark has done what other countries only dream of doing: achieved energy independence.

How'd they do it? Distributed energy.

Unlike traditional "centralized" systems, distributed energy relies on small power-generating technologies like solar panels or ultra-efficient natural-gas turbines built near the point of energy consumption to supplement or displace grid-distributed electricity.

Consumers can not only draw power from the grid, but can feed power into it as well. For instance, homes equipped with solar-power panels could feed unused electricity back into the grid, adding to the total available supply.

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