Renewable energy and business Renewable energy and business are closely related. There are many countries in the world producing electricity from renewable energy sources and using it in the intermediary way. This intermediary chain is private business. Everyone knows the fact that business works better when it belongs to private sector and not to the government. In this section, we focus on renewable energy and business. We analyze several renewable energy companies and research how business can influence the renewable energy market. SolarCity is an American provider of energy services to homeowners, businesses, and government/non-profit organizations. Moreover, this company has very an interesting and dignified mission. SolarCity’s solar financing program provides homeowners a way to use solar power for less money than they currently pay for electricity. For example, you can install solar panels on your house roof, and SolarCity will cover part of your utility bills. This business model really works. According to Wile (2014), “The firm said they'd installed 280 megawatts of solar...
Solar power in Canada is gaining attention to many people. You will be informed about what solar energy is and how it works, the environmental impacts of solar energy, why you should care about it and what you and others can do to help promote it. You will have a better understanding of solar energy and why you should take the switch.
Duke Energy, being led by Good, has been leading the charge in cutting back from burning coal in order to operate. Duke is doing this by focusing on investing in renewable energy. This practice is accomplished by having multiple wind and solar farms throughout eighteen states(Sweet). By focusing on these farms and renewable energy, Duke has been able to cut down on coal usage to only contribute one-third of their power(Sweet). This is showing a conscious effort by Good and Duke to make ethical decisions for its customers and ultimately the environment
It is time to push harder for renewable power, but to push in a smarter way. Recent advances have made wind and solar power more competitive than ever. Now, for renewable power to reach its potential the world’s approach to it will have to grow up, too. Governments will have to redesign their renewable-power polic...
United States policy and legislature developments regarding solar energy include the SunShot Initiative, the American Recovery and Rehabilitation Act (ARRA) of 2009, and the Energy Improvement and Extension Act (EIA) of 2008. The SunShot Initiative was enacted in February 2011 and aims to “make the total cost of solar energy fully economically-viable for everyday use, so that all Americans can benefit from this clean renewable energy source.”1 The ARRA invested $114 million into the solar energy industry for the research and development of photovoltaic systems, solar power concentration and high penetration solar deployment.2 The ARRA and EIA created tax credits for homeowners and businesses for their investment in solar power.3 The implementation of these policy and legislature initiatives promote the growth and development of the solar energy industry and therefore positively impact Sun Edison.
The year is 2200. The world is going through a fossil fuel shortage. Oil reserves are almost completely consumed and it is becoming impossible to find new fossil fuel sources. Not prepared for this event to occur, The United States, has no alternative options. As a result of the oil shortage, the standard of living deteriorates. Heat in homes, supermarkets full of food, and transportation, all basic necessities taken for granted, will be depleted because fossil fuels are used to power almost everything. The key to the prevention of this future is renewable energy. Unfortunately the support for the use of renewable energy is weak and ineffective. Unless the US puts forth effort to research and promote the use of renewable energy to consumers, conversion from fossil fuels to renewable energy will no longer be an option.
Energy is the basic necessity of daily life. Nowadays, dependence on fossil fuels for energy needs becoming lower in numerous countries due to the potential of renewable energy to supply sustainable energy to the huge populations in many developing countries who are short of clean and continues energy. Generally, renewable energy can be defined as energy that is derived from natural resources which are constantly replenished and theoretically inexhaustible. Fossil fuels on the other hand can be described as energy that cannot be renewed and will eventually diminish. Thus, in many developing countries renewable energy is the alternative energy to replace non-renewable energy or commonly known as fossil fuels. In addition, according to Sorensen (2004), there is a greater demand for renewable energy sources nowadays due to the uncertainty of fuel price rise in living expenses. Commonly, there are many types of renewable energy available in our world such as wind power, biomass energy, solar energy, hydroelectric power and geothermal energy. However, the main three example of renewable energy are hydroelectric power, solar and biomass energy (Refer to Figure 1 in Appendix 1).
In the debate of traditional energy vs. renewable energy the clear winner is renewable energy. Renewable energy is vastly superior over traditional energy because it decreases dependence on foreign resources, produces no emissions, and is not limited in quantity. Opponents of renewable energy are likely to argue that this is not the case and that instead, traditional energy is better because it creates job growth, is reliable during all hours and climates, and comes with a lower cost. These advantages however are either misconstrued or hardly outweigh the long-term positive benefits of renewable energy.
...-friendly homes that have been started in the company in Jakarta, which uses solar energy for their power sources.
... and monthly water filling. Solar energy is the cleanest and purest form of energy, allowing for cleaner air overall in our environment. There is great hope for a lot more solar panels to be installed worldwide. Solar is a viable alternative energy with solar panels becoming more affordable and more efficiently designed.
However, there has been a spike in the private companies in this industry. Companies like Reliance Energy, Adani Power and Tata Power are now supplying and vying for the market share.
Herzog, Antonia V.; Lipman, Timothy E.; Edwards, Jennifer L.; Kammen, Daniel M. Renewable Energy A Viable Choice. Environment, Dec2001, Vol. 43 Issue 10 Pg. 8
Bode, H. (2005). Sustainable Development and Innovation in the Energy Sector. New York: Amherst International.
“Is Renewable energy an economically viable option for South Africa?” “Renewable Energy is a source of energy that is not exhausted when used.” “Economical means giving good value in relation to the resources used or money spent.” “Viable means capable of working successfully; feasible.” (Soanes, Hawker & Elliot et al., 2005)
First of all, solar energy is the energy produced when the sun heats the solar panel. Thus, when the sun heats the panels, it produces electricity. Solar power produces energy during the day and can store energy for the night. Solar power does not pollute the environment. However, it has high maintenance cost, and it takes a lot of land space.
Using fossil fuels such as coal and oil is inefficient, dangerous, and otherwise a process that is known to eventually fail as a long lasting energy source. Yet, there is hope for the future of energy, this new hope has many shapes and forms, but requires a chance to be fully implemented in our everyday life. Such energy sources like solar energy, wind energy, geothermal energy, and hydro power are the key to our future. These energy sources are proven to be long lasting, safe, more reliable, and the next innovation. In short, all Americans should switch to renewable energy, resulting in a safer and more efficient world.