[JACK AYLMER]
BREWING BEER WITH THE POWER OF THE SUN.
IT’S POSSIBLE THANKS TO A NEW ROUND OF GOVERNMENT FUNDING FROM THE BIDEN ADMINISTRATION.
THE DEPARTMENT OF ENERGY ANNOUNCING A 33-MILLION-DOLLAR INVESTMENT IN NINE DIFFERENT SOLAR THERMAL POWER PROJECTS.
THE LARGEST OF THE AWARDED GRANTS – MORE THAN 7-MILLION IS GOING TO FIRESTONE WALKER BREWERY IN CALIFORNIA.
THE BREWERY AIMS TO UTILIZE SOLAR THERMAL ENERGY TO PRODUCE THE STEAM NEEDED TO MAKE ITS IPAS AND OTHER BEERS.
SOLAR THERMAL POWER IS DIFFERENT FROM TRADITIONAL SOLAR ENERGY BECAUSE OF HOW IT TURNS SUNLIGHT INTO ELECTRICITY.
MOST SOLAR PANELS USE PV TECHNOLOGY TO CAPTURE THE SUN’S RAYS TO CONVERT DIRECTLY INTO POWER-
SOLAR THERMAL INSTEAD COLLECTS THE SUNLIGHT, WHICH IS TRANSFORMED INTO HEAT THAT IS STORED AND THEN MADE INTO ELECTRICITY.
THIS PROCESS IS ABOUT 3-TIMES MORE EFFICIENT AT HARVESTING ENERGY FROM THE SUN.
OTHER SUPPORTED PROJECTS INCLUDE A 6 MILLION DOLLAR AWARD TO PREMIERE RESOURCE MANAGEMENT-
A COMPANY THAT’S PLANNING TO BUILD A SOLAR POWER PLANT THAT WILL STORE THERMAL ENERGY IN RETIRED FRACKING SITES.
AND A 5 MILLION DOLLAR GRANT WAS ALSO GIVEN TO RESEARCHERS AT WEST VIRGINIA UNIVERSITY-
WHO IN A COLLABORATION WITH NASA ARE WORKING TO PRODUCE A CLEAN FORM OF HYDROGEN BY USING SOLAR THERMAL POWER.
THE DEPARTMENT OF ENERGY WANTS THE COSTS ASSOCIATED WITH SOLAR THERMAL TO GO DOWN.
THEY HOPE THESE PROJECTS AND OTHERS ACROSS THE COUNTRY WILL HELP MAKE SOLAR THERMAL MORE WIDESPREAD.
COSTS ASSOCIATED WITH THE TECH STILL NEED TO FALL BY ABOUT HALF TO MAKE IT FINANCIALLY FEASIBLE.
THE DEPARTMENT’S FUNDING ANNOUNCEMENT ADDS TO THE 6 BILLION DOLLARS ALREADY BEING DIRECTED TO RENEWABLE ENERGY PROJECTS BY THE FEDERAL GOVERNMENT THIS MONTH ALONE.
WE SAID WE MIGHT SEE AN UPTICK IN SPENDING IN THE FINAL MONTHS OF BIDEN’S TERM IN OFFICE-
THE WHITE HOUSE STILL HAS TENS OF BILLIONS OF DOLLARS IN FUNDS THAT NEED TO BE ALLOCATED TOWARDS THESE TYPES OF PROJECTS-
OR RISK SEEING THAT MONEY PUT ELSEWHERE SHOULD A NEW ADMINISTRATION TAKE OVER NEXT YEAR.
JACK AYLMER – STRAIGHT ARROW NEWS.