Ever thought of how much electricity we waste each day? What
repercussion this wastage might have? Well no, right? Apart from this have you
ever thought how brutally energy consumption in effecting our surrounding? We
all complain about global warming but sadly we are the ones who have played a
substantial role in promoting it. In order to combat this initiates such as
renewable energy are being taken.
Renewable sources provide a great opportunity for the
renewable energy sector. It gives a platform that allows growth and utility. It
primarily focuses on the expansion and enhancement of technologies that assists
in stabilizing the renewable sources. Various form of renewable energy is
available such as solar energy, wind energy, geological energy, wind energy,
heat energy etc. commercially solar and wind energy are the two most common
forms of energy that are now being used for domestic purposes.
The concept of renewable energy gained momentum in 2008 and
this sector started to flourish with 160 companies who were interested to
invest in a safer alternate. A minimum investment of 120 billion dollars was
required for this project. Some of the well-known companies that have invested
in this venture are GE energy, sun tech, sharp solar etc.
Nowadays, energy demands are met through developments in
renewable energy industry. As these developments are increasing the utilization
of renewable and tenable energies, it will also solve the issues of the less
availability of natural fuels or fossil fuels. Hence, not only the energy
demands will be fulfilled because of this but it will also protect the
lessening availability of natural fuel in the future for generations.
Another benefit of this form of energy is that it can be
installed anywhere hence the area/location is not a major problem making it
increasingly developing sector. Energy companies such as CHK need to understand
the importance of this energy form. Furthermore it is environment friendly
hence one can easily install it anywhere without worrying that it may cause any
damage to the living things surviving in that region or damage their habitats.
Hence in a nutshell, renewable energy is a blessing in
disguise due to the long term benefits it has on the society. Companies such as
CMS Energy, Chesapeake Energy Corporation (CHK) and other big names need to
realize the importance of it and come up with ways to save mother Earth.
No comments:
Post a Comment