Hawaii is the newest of the 50 U.S. States and is the only state made up entirely of islands. It occupies most of an archipelago in the central of Pacific Ocean, southwest of continental United States, southeast of Japan, and northeast of Australia (Figure 1). The capital of Hawaii is Honolulu on the island of O’ahu.
Renewable Energy Development
Hawaii relies nearly 90% of its energy needs on petroleum. Currently, Hawaii faces the highest cost of energy in the nation. This dependency places Hawaii’s long term economic viability at risk because high oil prices will be passed on to consumers.
Since 1959, Hawaii’s tourism has been the largest industry. This industry contributes 24.3% of the Gross State Product (GSP) in 1997.
Experts indicate that world oil prices have reached new highs, the low prices in the past are not expected to return because worldwide demands continue to increase. To make sure there is energy for tomorrow and to increase the addiction on imported oil, the state decided to make Hawaii energy self sufficient.
The vision of Hawaii is to be the World’s Renewable Hydrogen Energy Leader. The focus is producing hydrogen from renewable resources, and not conversion of hydrogen from fossil fuels. In the long-term, it is believed that this initiative could change Hawaii from energy importer to energy exporter.
Renewable Fuel Potential
A study by Stillwater Associates in 2003 showed that an ethanol industry of 90,000 gallons per year could add as much as $300,000,000 to Hawaii’s economy indirect and direct value. In addition, emerging energy technologies increase the use of renewable resources through advanced hydrogen technology. It makes renewable energy can be stored, distributed, and used in variety of clean, efficient power, and transportation application.
- Create More Transparency In Gasoline Markets And the Energy Industry
- Develop And Increase Use Of Alternate Transportation Fuels
- Stimulate State and Consumer Energy Efficiency
- Significantly Increase Use of Renewable Energy Resources
- Establish Hawaii as Leader in Hydrogen Production