US DoD annual spending on renewable energy to reach $10 billion by 2030
While a significant portion of this will be spent on facilities operations, including permanent bases, the majority of the spending will be for mobility applications including portable soldier power as well as land, air, and sea vehicles, said the research firm.
According to the research firm estimates, the US DoD currently spends approximately $20 billion per year on energy (75 percent for fuel and 25 percent for facilities and infrastructure).
In September 2011, the US Army has formed a new Energy Initiatives Task Force that will assess renewable energy projects. The task force is part of a Pentagon-wide effort to reduce its dependence on fossil fuels and embrace renewable energy sources.
Clint Wheelock, president of Pike Research, said: â€œThe DoD is positioned to become the single most important driver of the cleantech revolution in the US. In particular, military investment in renewable energy and related technologies can help bridge the valley of death that lies between research & development and full commercialization of these technologies.â€
Pike claims that over the next two decades Pentagon is likely to investment in key sectors such as solar power for both permanent bases and temporary facilities; fuel cells for individual soldier power; microgrids for military facilities; and biofuels for military vehicles, particularly the Navyâ€™s â€˜Great Green Fleetâ€™ initiative to shift to a largely biofuels-driven fleet by 2016.
The total market for renewable energy for mobile power for forward bases and temporary installations, for instance, is forecast to reach $6.1 billion by 2030.
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