Keys for Renewable Energy Exploration
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- Sep 17, 2019 1:07 pm GMT
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As concerns surrounding the unreliable and damaging nature of fossil fuels continue to rise, renewable energy exploration becomes a pressing topic. Today, many homeowners and business leaders want to incorporate more sustainable energy sources into their daily operations.
But while the buzz surrounding renewable energy doesn't look like it'll simmer anytime soon, it's important to also take action. With a few actions in place, the world's energy supply can be forever changed — and for the better.
Where is Green Energy At Today?
To explore renewable energy solutions in greater depth, it's crucial to examine the current state of green energy — in both commercial and residential settings. Where does the world stand in terms of renewable energy?
Approximately 19% of renewable energy used throughout the world for power, heating and transportation stems from renewable sources. In 2018, businesses set an unprecedented record by forming global renewable energy power purchase agreements (PPAs) exceeding 13 gigawatts. Over 100 corporations scattered throughout 21 countries committed to these agreements.
There's an increasing demand for renewable energy sources on both a corporate and consumer level. Many understand that sustainability plays a key role in successfully running a business and cutting costs in the home.
The Potential for Spectral Solutions
Spectral solutions are a key factor that contributes to energy exploration — specifically solar power.
These solutions can test and monitor renewable energy sources to gain valuable insight into energy performance. This is especially crucial for solar power advancement, where solutions can measure solar stimulators in panel testing to build more effective technologies.
Enhanced monitoring and testing essentially means ideal energy sources will develop over time — contributing significantly to renewable energy exploration.
Promoting Added Incentives
Government incentives are key when it comes to clean energy exploration. Without a reason to switch energy sources, many businesses may fail to adopt renewable energy in their business practices.
Within the span of seven years, U.S. wind energy capacity quadrupled — due in part to the Production Tax Credit (PTC).
Investing in wind, solar or another form of renewable energy with a tax break can speed up the process of clean energy growth while contributing to the funding needed to advance this technology, too.
Endorsing Regional Efforts
Certain states strive to expand renewable energy efforts with their own region policies. California, for example, is leading the U.S. in clean energy development mainly because of its Renewables Portfolio Standard (RPS) policy. By the year 2030, the state will require 50 percent of retail electricity sales to come from renewable energy.
When governments double down on the importance of green energy, it sets a standard for others to replicate.
As more governments create policies in favor of renewable energy, it can create a butterfly effect that leads to greater solutions in the industry, too. When demand increases, there's a greater incentive to advance current technology to support the communications that support renewable energy growth.
Expanding Renewal Energy Education
Perhaps one the largest obstacles standing in the way of green energy exploration is miseducation. A family that is unaware of the long-term benefits of solar panels may feel hesitant to invest in green energy due to the initial financial investment. Businesses may feel just as unconfident about the switch to renewable energy due to similar miseducation.
It's true that developments in renewable energy sources contribute significantly to the expansion of green power. But, it's vital for the general public to know more about the power of clean energy, too.
The release of greenhouse gases has reached a historical high and is starting to manifest in the form of a myriad of environmental disasters and complications. When renewable energy exploration and education expands, so too will the world's eagerness to adapt to greener solutions.