Best Benefits of Renewable Energy Industries: We all have studied and have basic knowledge about how much renewable energy is beneficial for us and for our planet as well. The fact is, renewable energy industries provide many benefits including financial and environmental advantages. We must have heard and experienced the rapid growth in renewable energy usage among the Australian people. People want to contribute their effort for environmental benefit. One of the best ways to contribute to saving our planet is by switching to solar energy. In recent years, solar energy, one of the best forms of renewable energy has grown up massively and its benefits can be seen spreading worldwide.
Why are renewable energy sources considered best for you?
1. Replaces the carbon energy resources
Global warming has become a prominent issue nowadays. Different electricity generation processes may lead to the release of different greenhouse gases into the atmosphere that causes global warming. These practices can be harmful to the environment and have dangerous effects in the future. We all know electricity generation is one of the basic factors of greenhouse gas emissions.
So keeping these things in mind, the best solution that has come is solar as it does not produce any harmful gas emissions. This helps in producing electricity without affecting our planet. You get your own electricity generation system and also save more on electricity bills.
2. Improvement in Public Health
The harmful greenhouse gases emissions may cause serious health problems such as heart diseases, cancer, asthma, or some other serious illness. So if we use solar power to generate electricity, these gas emissions will not be there as it uses sunlight to produce electricity. Solar uses panels to absorb light and then convert it into electrical power. Since it does not pollute the air, it will help in improving the health of people as well.
3. Economical benefits
Solar as compared to other electricity-generating technologies requires more manpower. For example, the whole process of solar panel installation is done manually. The panels are set up by certified installers, the connections are done by accredited electricians who have the best expertise knowledge. The maintenance is done by the well- trained professionals. You get the best assistance from the consultant themselves and don’t have to rely on digital things only. This results in a better understanding of selecting what is suitable for you.
The local government also provides incentives and rebates for the people switching to solar to encourage them to contribute toward environmental betterment.
4. Rise in Solar Energy Usage in The Recent Years
Solar energy sources are considered sustainable sources of energy. So the rise in the solar power industry has benefited in many ways as there is an increase in renewable energy capacity for producing electricity, the investment has increased in the global market, increased awareness about environmental benefits. People are contributing their part toward a better future by switching to solar. The government is providing incentives to motivate people and make a better environment.
According to some renowned researchers and reports, there has been a massive increase in solar energy generation in recent years. It has broken all the previous records and the growth is still continuing.
5. Reduction in Cost of the solar system
The cost of solar systems is declining every year and it is expected that it will keep dropping further. So now solar energy can be seen grasping the market and competing with other electricity generation resources. In Australia, the cost of solar energy is lesser than other fossil fuels and also there are several benefits provided by the Australian government on the cost of solar power systems.
6. Renewable Energy becoming the largest generation source
Renewable energy sources are taking over the conventional sources of energy at a very fast rate. As a serious concern for the environment, many countries are now encouraging their citizens to switch to renewable sources and make the planet better for living. This growth in renewable energy sources shows that it is not going to end and will definitely cover the world all over in upcoming years.
7. Countries reaching high shares in renewable sources
According to several reports, almost 21% of total electricity produced in Australia is generated through renewable sources. This often includes electricity generation from solar, wind, and hydropower well. Renewable energy sources contribute a smaller but crucial part to total electricity generation in the world.
8. Renewable Energy: Major Share of The World’s Electricity
Previously renewable energy sources have minimal growth but now it has reached the level where the difference and massive growth can be seen. It provides major portions of the total electricity required in the world.
9. Renewables Can Be Deployed Fast and Scaled Up
Many countries have installed large solar energy plants in the last few years and are planning to install more in the upcoming years. Looking forward to a country like Australia, it has some major plans in its pathway. Australia is now planning a project which is going to be the world’s biggest green energy hub and will be named “Western Green Energy Hub ” (WGEH) located on the South Coast of Western Australia. It will individually produce up to 50 GW of total wind and solar energy. This is such a huge project and will definitely provide several benefits for the Australian people. This is particularly one of the best news for the citizens of Australia as they will be able to produce more electrical power of their own and save more.
10. Renewable Energy Delivers for All
There are several advancements in the technology field and there are many people who still don’t have access to electrical power. But for a better chance, now these renewable energy sources are making it possible for people to get the proper access to electricity and enjoy the benefits. Also, the cost involved in renewable energy generation is relatively lesser than other forms of electricity generation processes making it more significant for all the people belonging from different communities.
This solar power system provides full control over the usage of electricity for the poorer communities and they can save it for further usage as well. Since solar panel system requires less maintenance also so it cuts down the high maintenance cost which results in saving more.
11. Investment Banks suggesting to go renewable
With the growing demand for renewable energy sources, even the investment banks are now suggesting their investors go for renewable sources and also providing several add ons for that. Some of the Australian government-owned banks have been established to provide financial aids for clean energy resource sectors making them more powerful.
Several leading investment banks are advising their investors to go renewable. This is where the breakthrough in the renewable energy industry is truly visible.
All these practices are launched so as to reduce greenhouse gas emissions making the air pollution-free. They are investing huge amounts so as to contribute to energy generations.
12. 100% Renewable Energy Resource
Renewable energy sources have the potential to meet all the energy needs of the world all over. As stated by the IPCC (Intergovernmental Panel on Climate Change), the potential power of renewable resources is much more than any global energy form. Now, big companies, industries, cities, countries, all the people are concentrating to make this happen and contributing their bit to convert this renewable energy into a reality for every citizen.
One of the most populated cities in Australia is Sydney, which is considered and ensured that it operates through 100% renewable electricity production. This step is meant for a better future and a smart investment decision for all the people.
After looking at the different aspects of renewable energy sources it can be easily concluded that this will definitely reduce the carbon footprints along with reducing your electricity bills. This investment is totally worth it for all the communities. You must check the facts and figures and make your decision wisely. Being a responsible citizen, one should always promote the betterment of the planet and the usage of clean energy.