What are the benefits of renewable energy?
Renewable Sources consist of solar energy, wind power, falling water, geothermal, bio-diesel, fuel sources such as biomass and the wind at your back. In reality the potential to profit from renewable energy is endless. With the current trends in technology renewable resources are becoming far more abundant than we previously thought. With the prices of crude oil and natural gas skyrocketing, the ability to generate electricity from renewable resources seems to be more attractive than ever.
The 3 biggest advantages of using renewable energy are that they are extremely clean, extremely abundant and potentially very profitable. With these facts it is easy to see why using this form of energy would be a smart investment for anyone who values their health, their future and the health of the planet. It is important to remember though that there are a lot of myths associated with renewable energy. Some people still think it is not viable, that it will never get developed or that they cannot make a living using it.
One of the most commonly heard comments about renewable technologies is that they do not work. This is simply not true because all three of the technologies mentioned above have been around for many years. The only thing that has changed is the way they are developed and the way they are implemented.
First off, lets look at hydroelectricity. Using water to generate electricity can be implemented in two different ways. First, we can use dams to take the water and convert it into steam which is used to turn turbines and then to create electricity. These technologies have been around for centuries and have a long history of success. The biggest downfall to hydroelectric energy is the pollutants that are created by the hydroelectric plant releasing large amounts of pollution into the atmosphere.
Another of the great technologies out there is geothermal resources. Geothermal resources utilize the natural heat from the Earth to produce electricity. This technology is not popular for a couple of reasons. First, it is very expensive to install large geothermal systems in individual homes, and secondly, it still does not meet all of the energy needs of individual homeowners.
For the individual homeowner, there are other types of renewable technologies that you can consider. Wind power is still a very viable option for many people as is solar panel technology. Solar panels can be placed on the roof and will collect the sun’s rays to be converted into energy that your household will use. These types of energy systems are a good long term investment and are likely to help reduce your carbon footprint.