Some of you might already know what renewable energy is. Right? Yes, it is the energy that is replenished from natural sources.
But, do you know it is actually more than that? Renewable energy uses energy sources that are continually replenished by nature. It includes the sun, the wind, water, the Earth’s heat, and plants.
Renewable energy technologies turn these fuels into usable forms of energy and most often electricity, but also heat, chemicals, or mechanical power.
To add on, according to Gorjian (2017), these renewable resources are natural resources that can be replenished quickly and in endless quantities. The highlight of these sources is that they are unlimited!
Up until 2021, there are a number of countries with Renewable Energy Regulatory Policies. There are 165 countries with power regulatory mandates/ incentives, 70 countries with transport regulatory mandates/ incentives and 26 countries with heating and cooling regulatory mandates/ incentives. A country is said to have a policy (and is counted once) if it has implemented at least one in place at the federal, state, or provincial levels.
The focus of using renewable energy resources is to strive for zero emissions. However, the global economic transition is not happening yet. As for now, the Global Status Report, 2022, stated that global energy demand increased by around 4% as a result of an uptick in economic activity.
Therefore, it is needed for many countries to have the initiative to step up the revolution to increase the development of using renewable energy sources in their countries. Hence, Doren is undergoing an eco-friendly technologies by using renewable energy sources in supporting the goals.
ADVANTAGES OF RENEWABLE ENERGY
As renewable energy is used to keep sustainability, there are many advantages in using it. The advantages are the reason why renewable energy should be used.
- An important additional energy resource
It not only has an unlimited source, but the main focus is the green environment. As it is needed to save the environment, it shows the importance of using it.
This may be an additional energy source, for now. However, it is focused to be one of the important energy providers in the future. As it comes from natural resources, it helps in protecting varies parts:
i. Avoid from facing cut off supplies
- Sources such as coal, oil or natural gas to process the energy needs are great but the fact that it has a limited supply is the barrier. Renewable energy sources are the sources that come naturally and this means it does not have any limitations. It will not run out even for long periods of time.
ii. Good health
- Energy consumption is essential for daily life. This means that it gives an impact towards human’s life. By using a clean source of energy, that leads to humans having a healthier life. Natural resources help in improving health outcomes.
iii. Protect electricity producers and consumers
- Renewable energy resources help in the electricity systems benefits. It protects from the disruptions in the energy supply, fluctuating energy prices, and other reliability and security problems. These are also among the most important parts of using the energy sources.
2. Zero carbon emissions
The current energy sources may lead to air pollution as the resources do not come naturally. It may cause environmental pollution, but the highlight of using renewable energy sources is there will be no pollution created throughout the process of getting it.
Terrapass (2020), said that coal power plants produce about 2.2 pounds of CO2 for every kilowatt-hour of electricity. Compared to solar and wind power sources, it only produces zero CO2.
By that, the health of humans and the environment can surely be preserved. It is also the whole point of using renewable energy.
3. Cheaper electricity source
Solar and wind power are currently among the cheapest sources of electricity in many regions of the world because of the expansion of renewable energy over the past few years of it been using.
This leads to the countries which use renewable energy to have a better economy as the supply prices and the process does not require the amount as compared with using other sources.
These advantages include reduced energy and fuel expenses for individuals, businesses, and the government. This also means that it creates new employment opportunities, may increase the profits and tax revenue from firms that support or use energy efficiency and renewable energy.
4. New market structures’ technical or technological changes
The innovations will be made according to how the business can be done by using renewable energy. Companies will take the opportunity in making things that provide the benefits to the customers.
New technological procedures in the field of renewable energy are considered innovations since they enhance operational procedures and promote economic expansion.
The technical and technological changes lead to the development of the energy’s technologies. Making new development through the advancement that been provided is a great opportunity for economic growth too.
