Solar and Wind Energy Start to Win on Price vs. Conventional Fuels
The modern world has been waiting for a time where renewable energy is more cost efficient when compared to natural gases and other non-renewable resources. It seems that this day is finally arrived or, at least, very close. The cost to produce wind and solar energy farms has plummeted over the past year. So much so that it actually is more cost efficient to use these alternative methods over conventional ones.
Utility executives say that the new era has only just begun. There is much progress, but there is also much more to be done, such as, spreading the markets across the globe and pushing the prices even lower. The past year has brought many advancements in the green energy world and now the fruits of the United State's labor are finally present.
As an observer, I am glad to see that this change of energy ways and resources has finally arrived. The world isn't a bottomless pit and some of our resources will run dry, like oil and other natural gases. Now that the day is here where, in some parts of the US, depending on the climate, the cost of wind and solar energy production is actually cheaper than natural gases, the US need to know how to take this technology elsewhere and make the whole world a more suitable place for the future. Location and climate still present issues, but I'm sure it's nothing the United States can't handle.
I am happy solar and wind energy is just about here. As the prices of these types of energy decreases, the greener our wallets and environment will be.
ReplyDeleteEven though oil prices are extremely low it is a great thing clean energy is starting to become cheaper. Our world will eventually run out of oil so we need an alternative energy source. The oil price will also eventually rise so this is a great thing.
ReplyDeleteClean energy is something that I think every country should try and promote. Not all countries may be able to do it, but the countries who can should. We all have seen what fossil fuels have done to the environment and the ozone layer. I think it is great that scientists are taking the steps they need in order to achieve a cleaner fuel source.
ReplyDeleteClean energy is what the world needs if we want to protect the environment, and Solar and wind energy are the future. I hope that advances in technology can help make them cheaper so that we can use them instead of natural gas.
ReplyDelete