By Ian Mongold and Terius Grandison Energies to

By: Ian Mongold and Terius Grandison

Energies to Embrace for the Future • Wind - energy of the future • Solar - energy of the future • Hydrogen - fund research for the future • Geothermal - in limited areas where outlook is high

Energies to Phase out in the Future • All Fossil Fuels and other Nonrenewable • Natural Gas will help bridge the gap between the transition from fossil fuels to green renewable energies • As Nuclear power is phased out the budget will still be roughly the same due to the fact that deconditioning. 8% 7% 22% Coal Natural Gas Oil Nuclear 40% 23% Renewables

Wind • Main point of wind is its always available • Possibility for a high net energy gain • Wind farms could supply a large amount of the energy needed in the U. S.

Solar • Net energy is yield is moderate to high depending on type and weather conditions • Cost are moderate • To help bring cost down subsidies can be given • Low land disturbance • Photovoltaic cells can be mounted on rooftops and walls to further reduce land disturbance

Hydrogen • The process of getting pure hydrogen has zero emissions as long as fossil fuels are not the source of the hydrogen or the electricity used to split water molecules is no derived from fossil fuels • Possibilities for high efficiency in fuel cells (45%-65%) • Expensive therefore, subsidies and further research is needed to help bring cost down • New infrastructure is needed to support hydrogen

Geothermal • Is efficient in accessible areas • Geothermal emits little CO 2 compared to the traditional fossil fuels • Low cost at favorable sites • Can be expensive

2014 ($28, 415, 657) Current Budget 7% 8% 22% Coal Natural Gas Oil Nuclear Renewable 40% 23%

2018 ($31, 809, 056) 8, 40% 7, 80% 21, 20% Coal Natural Gas Oil Nuclear Renewable 38, 80% 23, 80%

2022 ($31, 834, 056) 9, 80% 7, 60% 20, 40% Coal Natural Gas Oil Nuclear Renewable 24, 60% 37, 60%

2026 ($31, 859, 056) 11, 20% 19, 60% Coal Natural Gas 7, 40% Oil Nuclear Renewable 25, 40% 36, 40%

2030 ($31, 884, 056) 12, 60% 18, 80% Coal Natural Gas 7, 20% Oil Nuclear Renewable 26, 20% 35, 20%

2034 ($31, 909, 056) 14% Coal 18% Natural Gas 7% Oil Nuclear Renewable 27% 34%

2038 ($31, 934, 056) 15, 40% 17, 20% Coal Natural Gas 6, 80% Oil Nuclear 27, 80% 32, 80% Renewable

2042 ($31, 959, 056) 16, 80% Coal 16, 40% Natural Gas Oil 6, 60% Nuclear Renewable 28, 60% 31, 60%

2046 ($31, 984, 056) 18, 20% Coal 15, 60% Natural Gas Oil 6, 40% Nuclear Renewable 29, 40% 30, 40%

2050 ($32, 009, 056) Coal 19, 60% 14, 80% Natural Gas Oil 6, 20% Nuclear Renewable 30, 20% 29, 20%

2054 ($31, 999, 056) 21% 14% Coal Natural Gas Oil Nuclear 6% 31% 28% Renewable

2058 ($31, 989, 056) 10, 00% 25, 83% 32, 33% Coal Natural Gas 5, 83% Oil Nuclear 26, 00% Renewable

2062 ($31, 979, 056) 6, 00% 30, 67% 33, 33% Coal Natural Gas 5, 67% Oil 24, 00% Nuclear Renewable

2064 ($31, 969, 056) 2% Coal 36% 35% Natural Gas Oil Nuclear 6% Renewable 22%

Energy Chart Coal Natural Gas Oil Nuclear Renewable 2014 22% 23% 40% 8% 7% 2018 21. 20% 23. 80% 38. 80% 7. 80% 8. 40% 2022 20. 40% 24. 60% 37. 60% 9. 80% 2026 19. 60% 25. 40% 36. 40% 7. 40% 11. 20% 2030 18. 80% 26. 20% 35. 20% 7. 20% 12. 60% 2034 18% 27% 34% 7% 14% 2038 17. 20% 27. 80% 32. 80% 6. 80% 15. 40% 2042 16. 40% 28. 60% 31. 60% 6. 60% 16. 80% 2046 15. 60% 29. 40% 30. 40% 6. 40% 18. 20% 2050 14. 80% 30. 20% 29. 20% 6. 20% 19. 60% 2054 14% 31% 28% 6% 21% 2058 10% 32. 33% 26% 5. 83% 2062 6% 33. 33% 24% 5. 67% 30. 67% 2064 2% 35% 22% 5. 50% 35. 50%

Subsidies • Subsides will be cut at a very low rate from the production of corn to produce ethanol • The subsidies will be rerouted to tax breaks for companies and individuals who invest in wind, solar and geothermal. • Incentives also in the form of tax breaks will be given to solar and wind companies who want to open factories here in the U. S.

The next 50 Years • Natural gas will begin to be phased out as oil is also slowly being phased out • Renewable energy percentage will continue to grow and as those energies are successful a broader range of green energies will be implemented • Nuclear Power Plants will be continuing to be decommissioned