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According to a new study from NYU Stern, geothermal and wind energy are more efficient, and are yielding greater returns on the R&D invested in them, than most other renewable energy alternatives.
NYU Stern Professor Melissa Schilling, an expert in strategic management and technology and innovation management, finds that the cost of generating electricity with geothermal or wind energy is a fraction of the cost of solar energy. More important, the performance of both is improving much more per dollar of R&D invested in them than solar technologies. This is the first study to explore the trajectory of performance improvement of renewable energy alternatives.
Geothermal energy could become cheaper than fossil fuels with R&D spending of as little as $3.3 billion.
Originally posted by anubis9311
Well if it takes 3/4ths the size of the city for the wind farm, couldnt you cut that in half with the addition of wind towers in everyones back yard andmaybe then spread the others around the city in a circle? Make it smaller that way instead of just sticking the whole thing in one area and saying ' oh look how pretty this huge farm of windmills is'.
Just a thought, forgive me if it isnt worth doing.