4 Benefits Of Renewable Energies

Renewable energies (also known as renewables) are extracting electricity from (theoretically) infinite natural resources. These resources are either limitless or replenish at a faster rate than they are consumed. Get more informed by going through reviews on Britainreviews.co.uk.

The term “renewable energy” is also used to contrast with the word “fossil fuel energy.” In the human timescale, fossil fuel reserves are small and non-renewable. Oil, coal, and natural gas are the most well-known examples of these commodities.

Renewable fuels, on the other hand, are derived from renewable resources. We’re talking about energy derived from solar rays, wind, or water cycles, both of which are technically limitless on a human time scale. Some of the energies are supplied naturally, while others are artificial. You can check British energy suppliers online reviews for helpful opinions.

Some of the main benefits of Renewables are below

1.  Less global warming.

Carbon dioxide and other global warming pollutants are overflowing our atmosphere as a result of human activity. These gases serve like a heat trapper, acting as a shield. Consequently, a web of significant and harmful consequences has emerged, ranging from more solid and regular storms to drought, sea-level rise, and extinction.

Our energy industry accounts for about 29% of global warming emissions in the United States. The majority of these emissions are caused by fossil fuels such as coal and natural gas. Increased renewable energy supply will allow us to replace carbon-intensive energy sources and reduce US global warming emissions significantly.

According to a 2009 UCS report, a national renewable electricity standard of 25% by 2025 will reduce CO2 emissions from power plants by 277 million metric tons annually by 2025, the equivalent of the annual production from 70 average (600 MW) new coal plants.

2.  Inexhaustible Energy

Strong winds, sunny skies, plenty of plant matter, heat from the earth, and fast-moving water can all provide an endless supply of energy. Renewable energy can only supply a small percentage of US electricity. However, that could change in the future: studies have consistently shown that renewable energy can provide a large portion of future electricity needs, even after accounting for possible constraints.

In reality, depending on assumptions, a major government-sponsored study found that renewable energy could contribute anywhere from three to 80 times what it did in 2013 [8]. According to the NREL report, renewable energy could comfortably provide up to 80% of US electricity by 2050.

3.  Job opportunities and other economic advantages

The renewable energy industry is more labour-intensive than fossil fuel technologies, usually mechanized and capital intensive. Humans are required to mount solar panels, and technicians are required to maintain wind farms.

This means that more jobs are created on average for each electricity unit produced from renewable energy than from fossil fuels.

Thousands of jobs are now supported by renewable energy in the United States. Manufacturing, project production, construction, turbine installation, operations and maintenance, transportation and logistics, and financial, legal, and consulting services all employed over 100,000 full-time-equivalent workers in the wind energy industry in 2016.

4.  Energy prices stability

Renewable energy is currently delivering affordable electricity throughout the world and can help keep energy prices stable in the future. While renewable energy facilities need initial capital investments, they can operate at a meagre cost (the “fuel” for most clean energy technologies is free). As a consequence, the price of renewable energy can be very consistent over time.

Furthermore, renewable energy technology costs have gradually decreased and are expected to continue to do so. Between late 2009 and 2017, the average cost of installing solar panels fell by more than 70% [20]. Between 2009 and 2016, the cost of producing electricity from wind drops by 66% [21]. As markets mature and companies increasingly take advantage of economies of scale, prices are likely to fall even further.