Immediate Size of U.S. Market For Renewable Benign Energy In The Coming
Years
American Photovoltaics & Homes, LTD.
Low Emission, Low Cost Electric & Solar
5951 Riverdale Ave - Box 1199
Riverdale, NY 10471
Telephone # (718) 548-0428
EMail :
SunsEnergy@AOL.COM
Stock Offering : $5 per share, Minimum 200 Shares
Immediate Size of U.S. Market For Renewable Benign Energy
In The Coming Years
(Electrical generation & automotive).
I-The following is a list of dollar cost for electricity
generated in the United States in the year 1994 using Petroleum, Coal and
Nuclear Power (based on a U.S. average electrical cost of
.065/K.W.:
-
Coal-1,549,000 Gigowatts
1,549,000,000,000 kilowatts @
.064/kw.
= $99,136,000,000/year
-
Petroleum-11,000 Gigowatts
111,000,000,000 kilowatts @
.064/kw
= $7,104,000,000/year
-
Nuclear-613 Gigowatts
613,000,000 kilowatts @
.064/kw
= $39,232,000/year
-
Total U.S. Electrical Generation
Coal, petroleum, & nuclear
...........
=$106,279,232,000/year
-
IF WE CAPTURE 1% OF THE ABOVE FIGURE, 416,279,232,000, WOULD GIVE A POTENTIAL
MARKET OF $1,062,792,320 FOR SOLAR & RENEWABLE ELECTRICAL GENERATION
PRODUCTS WHICH IS A VERY CONSERVATIVE FIGURE.
NOTE: As previously stated, imported petroleum is being brought
into the United States at the rate of 8-12 million dolars per hour, which
is the equivalent of $240 million/day x 365 days/year = $87,600,000,000.
II- Petroleum For Automotive Use:
6- Gasoline for cars and
trucks (consumed for the year 1995)
a) 341,880,000 gallons/day x 365
days/year
= 124,786,200,000 gallons.
b) 124,786,200,000 gallons x
$1.30/gal.
= $162,222,206,000/year
c) if we capture just 1% of
$162,222,206,000
= $1,622,222,060/year.
III- Total potential market for benign Renewable
Energy
If you add 1-5 above
Solar &
Renewable Electrical Generation
Products(1%)
= $1,062,792,320
to #6 above (Petroleum For
Automotive)(1%)
= $1,622,222,060
Total future market for renewable
energy
= $2,685,014,380
The above figure is for the U.S. only and if you consider Canada, Mexico
and Europe the figure becomes much larger. When you look at the additional
facts such as:
1- That U.S. Petroleum reserves will start to dwindle dramatically over
the next decade.
2- Foreign oil imports are presently coming into the U.S. at the rate
of 10 million dollars/hour and will increase dramatically over the next
decade.
3- The U.S. government and most other world governments are dedicated
to: A-Reducing the greenhouse effect, B- Reducing Ozone depletion, C- Eliminating
Nuclear contamination & pollution. D- In case of terrorist sabotage
involving generating stations, having in place alternative sources of clean
electrical and heating energy.
4- Add to this the fact that demand for electrical generation and automotive
propulsion will increase dramtically over the next twenty years especially
in the third world countries then the above figures are very conservative
and certainly attainable.
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