Monthly Archives: December 2017
How can I make money and make a difference?
If I had the money, I would purchase and give away solar panels and wind turbines to anyone that wanted them. Can anyone think of a way to get funds to do this?
To answer your huge question, I ask it to you back: How have other’s done this? About money, which I know about…real estate investing is the usual path. You cannot ever get “rich” from any kind of job. The smallest commercial real estate deal is over $1 million, buy typically in the 10’s of millions. (See the loopnet link) To buy this small old office building is $4.5 million. But look at the rents! It brings in over $300,000 a year net, and that rent will grow at over 3% a year. In 10 years, you would have gotten enough rent to pay for this project, and your rental income will have grown to $450,000 a year. And this is just from one little typical example I found for you. You could do this deal, if you had about 30% of the price.
You then use this rental income, and the equity from your owned office building, and then buy another….do this for about 25 years, and you will be RICH. It really works.
Others start out with residential homes. It is easier to get into your first deal with a house. But residential is more difficult to keep growing…every new rental house is just as much trouble as the last one. I suggest that you begin moving to the commercial side as soon as your bank will let you get a commercial loan. You can grow to ever larger commercial projects. You will also meet and get to know very interesting people in this business.
Now, your other question, about “making a difference”. Again, what do other very rich philantropist do? Bill Gates is the richest man in America, and does he give away windmills? No. He is much more concerned with disease and arts. Warren Buffet is another of the worlds richest men, and he is teaming up with Bill Gates! Isn’t that amazing. No free windmills or solar panels from either of these very rich men.
To try and give you an idea of how “rich” rich is….lets look at Wikipedia. Warren Buffet is worth over $50,000,000,000. Yes, that is a tremendous number. IF he only bought bonds with that, he would make tax free about 5% a year, or $250 million a year, just in interest! Of course, he can and does much better than 5 % a year….so he is really making even more than that, which means he could buy a windmill with ONE day’s income. But he doesn’t. I wonder why?
The last link for you is an interesting article about the fraud in the “windfarm business”. As an engineer, I can also tell you that wind turbines are a poor source of “free” power. The “payback” time is almost infinity. You add up how much total energy you used to build and install and maintain the windmill, and then divide by how much real useful power you get out of it….and you get large numbers….which means it is a terrible investment.
Solar panels are worse! They dont usually pay back for themselves. Yes, the best new types, in perfect conditions will, see link.
I am sorry to bring you this bad news. But there are real reasons the richest men of the world are not rushing into this whole “green energy” myth.
What are the growing jobs in America right now with this downturn economy?
I realize that environmental jobs, solar manufacturing, wind turbine construction, etc. anything else?
Clean-up crews for foreclosed properties
Blight Control Officers for cities
Loss Mitigation people at banks..
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How much does it cost to make a solar power plant?
How much does it cost to make a solar power plant so it gives off the same amount of power as a Nuclear power plant?
This is a question with several differant answers…..
Depending on consuption if its going on a consuming structure co-generating
or a stand alone generation station. The most cost effective would be a hybrid
the thermal would heat a closed contained liquid and make steam to turn large turbine.
$150,000US will get u quite the little generator. $1,000,000US u have a major player
my general rule is $15us per sq ft of heating/cooling space.
I am presently puting together the single largest solar project of its kind. Entire subdivisions of low cost modular homes with the entire roof as the mini-generating station. So if u put up say 400 units. When this hole subdivision comes on line u have a major Generating Station.
Maitaining a plant with no moving parts to wear-out, well except to send some one to clean the panels off once every 6 months wound not be much up-keep……
The panels have 20 to 25yr warrenties and 30yr life
some put up in the late 60’s r still generating.
Read more: http://wiki.answers.com/Q/How_much_does_it_cost_to_build_and_maintain_a_power_plant_for_generating_electricity_with_solar_energy#ixzz1eVJOFNPl
could the weight of a boat generate energy?
in other words can you harness the energy from the rise and fall of the tide with a cable tied to a very heavy boat then to a pier generate energy? or used to pull a flywheel or something? would the weight of the boat pulling on the cable be able to wind something or spin a flywheel?
what about the simple fact that the boat lowering down would pull the cable with the force of the weight of the boat?
Yes, and New York has installed them on the bottom of the Hudson River.
In this case they are using the in flow and out flow of the tide to generate electricity. The installation was shown on the Discovery Channel and the first one installed was bent because they didn’t plan on the force being so great.
There are wave generators and have been for a while they use up and down motion of the water to move a piston harnessed to a wheel that turns a generator making electrical energy.
Since the waves always move you won’t have to worry about not having enough windy days or not. The problem is that if you are not careful with the design ti will break too easily. This is using wave motion not tidal energy.
If you wanted to create a tide generator then you should go to the Bay of Fundy (http://en.wikipedia.org/wiki/Bay_of_Fundy), which has over 12′ tides each day.
The tides themselves are not that strong, they are only dependent on the gravitational energy of the moon and the sun. The heat of the sun drives the motion of waves and the winds that energy is more consistent and reliable. A more efficient conversion is to take the energy from the original source (the sun) in the first place. Solar panels are a good example of this and recent work in carbon fibers have increased the efficiency of them, once the price of making carbon nanofibers drops (or the price of energy continues to rise) it will become worthy of mass scale production.
There is an idea to use electrical generators on the bottom of the ocean just off the Eastern shore of North America in the middle of the Gulf Stream. The Gulf Stream is a reliable current that constantly runs and the turbines can be made large enough so that they would move slowly so as to not harm fish. It would be just like putting windmills on the floor of the ocean. The only problem of course is making sure to not let the water get in and salt water is very corrosive. A magnetic induction system could solve that problem though.
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