Most of the traditional sources of energy generation in the world today depend on matter that is fast depleting – coal, natural gas, oil. It is estimated that stocks of these precious natural assets will run on “Empty” in the not too distant future. Further, burning of these fossil fuels is one of the primary causes of rising pollution levels, global warming and harmful effects to our fragile eco-system. Since fossil fuels are non-renewable energy with no possibility to addition in stocks, their cost too is constantly on the rise leading to increasing expenses in energy generation.
Renewable energy is a collection of advanced technological innovations in the energy sector that uses solar, wind, and other resources that are unlimited and infinite and will never go down with time. Hence, switching to this form of energy generation is not only a highly cost saving proposition, it is also clean and does not in any way adversely affect our environment.
The present issue now in using renewable energy is its high cost of output. However, rapid strides are being made in research and new innovative techniques that promise to bring down costs to an extent where is can be a very affordable alternative of present consumers of fossil based energy. It is very important now to look ahead and be optimistic about the future of renewable sources of energy output.
The main sources of renewable energy are –
- Solar energy – Solar panels capture heat energy from the sun during the day and stores it in captive systems to light up and heat homes and commercial buildings.
- Wind – Uses wind motion to generate electricity. This is being extensively used and huge windmill farms can be seen in many countries around the world.
- Hydropower – Uses water to generate electricity. Dams are constructed on major water bodies and the trapped water is released on to giant turbines that rotate to produce electricity.
- Biomass – This is organic matter that makes up plant life. Through a series of techniques it is converted to electricity and other fuels that can power vehicles.
- Geothermal – It leverages heat from below the earth’s surface to produce electricity.
The key input for setting up solar and wind energy systems is land where the equipment mainly windmills and solar panels have to be installed in an open area to get the full benefits. Hence, private entrepreneurs investing in such forms of land usage should get expert opinion as there is much legality and statutory regulations involved in this comparatively new industry. For example, those setting up units in the State of Victoria, Australia will do well to contact a Melbourne property conveyancer lawyer to know the laws related to this sector in the State. Visit https://pblawyers.com.au/, for professional opinion in this regard.
There are a number of advantages of using renewable energy –
- Renewable source – It is a dependable and infinite source for electricity generation as it will never get depleted and run out of stock. Developing countries can get over their overt reliance on fossil fuels and opt for wind and light sources which are in abundance. The initial investments are also less when compared to setting up a plant for generating energy from fossil fuels.
- Eco-friendly – Renewable source of energy is clean unlike burning of fossil fuels that lead to drastic climate changes, global warming, poor air quality and acid rains that damage property and agriculture. Solar and wind power are eco-friendly and do not let off toxic gasses into the environment. This is one of the primary benefits of switching over to renewable energy.
- Dependable source – This is a dependable source of energy because it is not prone to trade disputes, political instabilities and upheavals and fluctuating prices of oil and natural gas. These are some variables that can cripple a country’s economy. Wind and solar power are free to use – setting up infrastructure to tap them is the only investment required.
With so many benefits, it is small wonder that even major and developed countries are slowly but surely switching to renewable sources of energy.