The energy market is a difficult market to understand, in general we can see a big change the last few years because fossil fuels are becoming scarce and people are more aware of environmental issues and would like to use a more renewable energy source. The demand for this kind of electricity in peoples homes and workplaces is growing but are we ready?
In theory there are enough powerful technologies available for us to stop using fossil fuels all together, sun, wind and water are able to provide us with more energy than we need. So there is no problem on the technology side of this issue. If we gave technology some more resources, development will go faster but at this phase there is no way back and development will go faster anyway.
Governments around the globe do see the need to turn to renewable energy sources but they miss decisiveness and courage to make drastic changes. There are some countries that do take the exemplary role serious and this means the investments are going faster and profits are being made. It is time for the united states to take part of renewable energy politics as well. We depend to much on oil companies and when time comes we will depend and pay for renewable fuels more then we should if we would invest more money now and in the near future. Our government should take advantage of the financial crisis and invest in renewable energy source to ensure a better future.
Power companies check
Power companies are not ready to provide green electricity to the majority of people, period. They invest too little if we see that just 18% of the global energy consumed comes from some sort of renewable energy source. Of which 13% comes from biomass (which is produced through minimal wood burning, not very eco friendly), 3% comes from hydro-power (water), 1.3 % comes from water heating and 0.8% comes from other renewable energy sources that include geothermal, wind, solar and ocean energy.
When you comprehend that the sun is providing us with enough energy every single hour for the energy consumption of a whole year, you understand that 0,8% is nothing. But the interests of oil and power companies lie not with renewable energy sources, they have there own interests and those interests are often not the same as the common good
Are we ready? You might think that is a stupid question, but do we really make the right choices? Do we go for cheap or for durable and renewable. We need to ask ourselves if convenience and the price are the only criteria we select our power on? Are we willing to invest ourselves if the power companies will not, and will we place solar panels or wind turbines on or around our homes? If we want renewable energy sources to succeed we need to be ready to take action now and urge the government and the power companies or take steps ourselves. If we want a better world tomorrow we need to start today.