By Joanna Schroeder, DomesticFuel.com.
The American Council on Renewable Energy (ACORE) has released a new report, “Monetizing Energy Security,” that outlines liabilities fostered by the natural dependence of the Department of Defense (DOD) on energy resources. The paper proposes the DOD should consider the actual, total cost of energy it takes to achieve energy security and assign a dollar value.
“As the largest, most technologically advanced, and geographically dispersed military in the world, DOD has sought to develop a more comprehensive energy strategy to reduce liability on limited energy resources,” said Lesley Hunter, ACORE’s lead researcher and the paper’s editor. “We believe, and our research backs this up, that there’s significant room for improvement in cost-accounting of DOD’s present energy strategy, and that renewable energy and microgrid technologies can add real value in the push for energy security.”