Cost leadership is necessary for green energy adoption

Everyone wants to switch to green energy. But not everyone is willing and able to pay more to do it.

Consumers would love to help the environment by using clean energy. Even those who don't believe that climate change is caused by fossil fuels would like to have cleaner air. But frankly, an individual consumer's impact on the environment is miniscule -- we all think, "what difference does it make whether I pay more for green energy? Let someone who can afford it cover the cost."

Utilities would love to switch to green energy production. But they are accountable to politicians, who are accountable to voters, for whom cost is a high priority.

The simple fact is that rapid, sustainable adoption of green energy technology will only happen if it is cost-competitive. Until it is, there will always be resistance -- progress will always be slow.

LoGE Ventures is here to help you make the switch to green energy by eliminating the cost barrier.

Distributed Energy Resources (DER) are key to low-cost green energy

One of the major challenges slowing the transition to green energy production is the cost of long-distance transmission, which averages about $2.29M per mile.

While the costs of wind and solar power have dropped dramatically, these technologies remain geographically bound to the windiest and sunniest regions. For much of the country, local production using wind and solar is inefficient, and building or upgrading long-distance transmission lines from more efficient regions is cost-prohibitive.

For remote areas and poorer communities, the situation is even worse. Not only can they not afford access to green energy, but they often cannot even get electricity from distant carbon-emitting sources. If they have electricity at all, it is generated using more expensive technologies that can be used locally, such as diesel generators.

The mission of LoGE Ventures is to make low-cost green energy available everywhere using highly scalable technology that can be located virtually anywhere. By siting energy production at or near the point of use, we eliminate the enormous cost of long-distance transmission, enabling access to green energy for everyone.