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RMI (energy Organization)
RMI (Rocky Mountain Institute) is an organization in the United States co-founded by Amory Lovins dedicated to research, publication, consulting, and lecturing in the field of sustainability, with a focus on profitable innovations for energy and resource efficiency. RMI was established in 1982 and has grown into a broad-based institution with 550+ staff and an annual budget of $120+ million. RMI's work is independent and non-adversarial, with an emphasis on market-based solutions. The institute, which includes the Carbon War Room (which merged with RMI in December 2014), operates many global programs. RMI is headquartered in Basalt, Colorado, and also maintains offices in Boulder, Colorado, New York City, Washington D.C., Oakland, California and Beijing, China. History By 1978, experimental physicist Amory Lovins had published many books, consulted widely, and was active in energy affairs in some fifteen countries as a synthesist and lobbyist. Lovins is the leading proponent ...
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Fiscal Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally not the reporting period to align with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day ...
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Fossil Fuel
A fossil fuel is a hydrocarbon-containing material formed naturally in the Earth's crust from the remains of dead plants and animals that is extracted and burned as a fuel. The main fossil fuels are coal, oil, and natural gas. Fossil fuels may be burned to provide heat for use directly (such as for cooking or heating), to power engines (such as internal combustion engines in motor vehicles), or to generate electricity. Some fossil fuels are refined into derivatives such as kerosene, gasoline and propane before burning. The origin of fossil fuels is the anaerobic decomposition of buried dead organisms, containing organic molecules created by photosynthesis. The conversion from these materials to high-carbon fossil fuels typically require a geological process of millions of years. In 2019, 84% of primary energy consumption in the world and 64% of its electricity was from fossil fuels. The large-scale burning of fossil fuels causes serious environmental damage. Over 80% of t ...
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Google
Google LLC () is an American multinational technology company focusing on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics. It has been referred to as "the most powerful company in the world" and one of the world's most valuable brands due to its market dominance, data collection, and technological advantages in the area of artificial intelligence. Its parent company Alphabet is considered one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft. Google was founded on September 4, 1998, by Larry Page and Sergey Brin while they were PhD students at Stanford University in California. Together they own about 14% of its publicly listed shares and control 56% of its stockholder voting power through super-voting stock. The company went public via an initial public offering (IPO) in 2004. In 2015, Google was reor ...
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Alcoa
Alcoa Corporation (an acronym for Aluminum Company of America) is a Pittsburgh-based industrial corporation. It is the world's eighth-largest producer of aluminum. Alcoa conducts operations in 10 countries. Alcoa is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling. In May 2007, Alcoa Inc. made a US$27 billion hostile takeover bid for Alcan in an attempt to form the world's largest aluminum producer. The bid was withdrawn when Alcan announced a friendly takeover by Rio Tinto in July 2007. On November 1, 2016, Alcoa Inc. split into two entities: a new one called Alcoa Corporation, which is engaged in the mining and manufacture of raw aluminum, and the renaming of Alcoa Inc. to Arconic Inc., which processes aluminum and other metals. After relocating its corporate operations to New York City in ...
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Bright Automotive
Bright Automotive was a startup company in Anderson, Indiana, working to create a fuel-efficient line of plug-in electric vehicles.Fehrenbacher, Katie. "The First Investment from GM's VC Arm: Bright Automotive: Cleantech News and Analysis «." GigaOM – Technology News, Analysis and Trends. http://gigaom.com/cleantech/the-first-investment-from-gms-vc-arm-bright-automotive/ (accessed January 27, 2011). The company was started in 2008 with a team of employees from former companies such as Chrysler, Delphi, GM, Mazda, and Toyota. The company designed its first vehicle, the IDEA,Vaughn, Kelly. "GM's $5M Jumpstart for Bright Automotive , Business , GreenBiz.com." Green Business News, Resources, and Sustainability Career Tools , Business , GreenBiz.com. http://www.greenbiz.com/blog/2010/08/16/gms-5m-jumpstart-bright-automotive?page=full (accessed January 27, 2011) a plug-in hybrid electric fleet vehicle designed to reduce fuel costs for corporations that maintain a large commerci ...
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Scientific American
''Scientific American'', informally abbreviated ''SciAm'' or sometimes ''SA'', is an American popular science magazine. Many famous scientists, including Albert Einstein and Nikola Tesla, have contributed articles to it. In print since 1845, it is the oldest continuously published magazine in the United States. ''Scientific American'' is owned by Springer Nature, which in turn is a subsidiary of Holtzbrinck Publishing Group. History ''Scientific American'' was founded by inventor and publisher Rufus Porter (painter), Rufus Porter in 1845 as a four-page weekly newspaper. The first issue of the large format newspaper was released August 28, 1845. Throughout its early years, much emphasis was placed on reports of what was going on at the United States Patent and Trademark Office, U.S. Patent Office. It also reported on a broad range of inventions including perpetual motion machines, an 1860 device for buoying vessels by Abraham Lincoln, and the universal joint which now can be found ...
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Hypercar (concept Car)
The Hypercar is a design concept car developed by energy analyst Amory Lovins at the Rocky Mountain Institute. This vehicle would have ultra-light construction with an aerodynamics, aerodynamic body using advanced composite materials, low-drag coefficient, drag design, and Hybrid vehicle, hybrid drive. Designers of the Hypercar claim that it would achieve a three- to five-fold improvement in Fuel economy in automobiles, fuel economy, equal or better performance, safety, amenity, and, compared with today's automobile, cars.Diesendorf, Mark (2007). ''Greenhouse Solutions with Sustainable Energy'', UNSW Press, pp. 191–192. History In 1994, the Rocky Mountain Institute (RMI) founded the Hypercar Center to help prove its technical feasibility and commercial reality. The concept was placed in the public domain to maximize competition in capturing its market and manufacturing advantages. The "Hypercar" would be a "hybrid electric/hydrogen-fuelled family vehicle that had only a few pa ...
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Negawatt Power
A negawatt market is a proposed idea of implementation of the demand response ( balancing the electrical grid through the changes in consumption) that uses an energy market where the commodity traded is a ''negawatt-hour'', a unit of energy saved as a direct result of energy conservation measures. Negawatt power is investment to reduce electricity consumption rather than investing to increase supply capacity. In this way investing in negawatts can be considered as an alternative to a new power station and the costs and environmental concerns can be compared. Negawatt investment alternatives to reduce consumption by improving efficiency include: * Improved thermal insulation and airtightness for buildings – low environmental impact * Replacing older industrial plant – low environmental impact. Can have a positive impact due to reduced emissions. Negawatt investment alternatives to reduce peak electrical load by time shifting demand include: * Storage heaters – older sys ...
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Geothermal Power
Geothermal power is electrical power generated from geothermal energy. Technologies in use include dry steam power stations, flash steam power stations and binary cycle power stations. Geothermal electricity generation is currently used in 26 countries,Geothermal Energy AssociationGeothermal Energy: International Market Update May 2010, p. 4-6. while geothermal heating is in use in 70 countries. As of 2019, worldwide geothermal power capacity amounts to 15.4 gigawatts (GW), of which 23.9 percent or 3.68 GW are installed in the United States. International markets grew at an average annual rate of 5 percent over the three years to 2015, and global geothermal power capacity is expected to reach 14.5–17.6 GW by 2020. Based on current geologic knowledge and technology the Geothermal Energy Association (GEA) publicly discloses, the GEA estimates that only 6.9 percent of total global potential has been tapped so far, while the IPCC reported geothermal power potential to be i ...
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Biofuel
Biofuel is a fuel that is produced over a short time span from biomass, rather than by the very slow natural processes involved in the formation of fossil fuels, such as oil. According to the United States Energy Information Administration (EIA), biofuels are mostly used for transportation, but can also be used for heating and electricity. Biofuel can be produced from plants or from agricultural, domestic or industrial biowaste. The greenhouse gas mitigation potential of biofuel varies considerably, from emission levels comparable to fossil fuels in some scenarios to negative emissions in others. See the biomass article for more on this particular subject. The two most common types of biofuel are bioethanol and biodiesel. The U.S. is the largest producer of bioethanol, while the EU is the largest producer of biodiesel. The energy content in the global production of bioethanol and biodiesel is 2.2 and 1.8 EJ per year, respectively. * Bioethanol is an alcohol made by fermen ...
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Wind Power
Wind power or wind energy is mostly the use of wind turbines to electricity generation, generate electricity. Wind power is a popular, sustainable energy, sustainable, renewable energy source that has a much smaller Environmental impact of wind power, impact on the environment than burning fossil fuels. Historically, wind power has been used in sails, windmills and windpumps but today it is mostly used to generate electricity. Wind farms consist of many individual wind turbines, which are connected to the electric power transmission Electrical grid, network. New Onshore wind farm, onshore (on-land) wind farms are cheaper than new Coal-fired power station, coal or Gas-fired power plant, gas plants, but expansion of wind power is being hindered by fossil fuel subsidies. Onshore wind farms have a greater visual #Impact on environment and landscape, impact on the landscape than some other power stations. Small onshore wind farms can feed some energy into the grid or provide power t ...
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Solar Power
Solar power is the conversion of energy from sunlight into electricity, either directly using photovoltaics (PV) or indirectly using concentrated solar power. Photovoltaic cells convert light into an electric current using the photovoltaic effect. Concentrated solar power systems use lenses or mirrors and solar tracking systems to focus a large area of sunlight to a hot spot, often to drive a steam turbine. Photovoltaics were initially solely used as a source of electricity for small and medium-sized applications, from the calculator powered by a single solar cell to remote homes powered by an off-grid rooftop PV system. Commercial concentrated solar power plants were first developed in the 1980s. Since then, as the cost of solar electricity has fallen, grid-connected solar PV systems have grown more or less exponentially. Millions of installations and gigawatt-scale photovoltaic power stations continue to be built, with half of new generation capacity being solar in 2021. ...
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