The world is at last generating renewable energy on a major scale
Renewable energy is at last reflecting globally as a noteworthy source of power. Spured on through fast growth amongst developing countries and freshly built carbonless power plants have surged to a record breaking 100,000 megawatts of capacity and whats more at highly competitive prices to give the fossil fuel market a run for its money. A recent report undertaken by the Frankfurt school UNEP centre outlines the impressive rise of renewables such as solar, wind and boimass combining a whopping 9.1% of the worlds electricity under 2014. Much of these resources constructed the major weight behind the newly strengthened power capacity within Europe.
It’s also worth noting that energy investment rose a wholesome 17% over 2013 amounting to 270bn USD dollars. This comes as a knock to the leading pundits claiming that fossil fuel will still supply the greatest proportion of our energy make up for future decades, however as evidence suggests things are moving in a clean carbon free direction.
Renewables are also emerging in competitiveness, it comes as an extensive solar plant located in Dubai recently bid to supply electricity for just 0.06USD per kilowatt-hour. This is an eye watering third of the cost of electricity in Africa, which is only a stones throw away. It’s possible that with the right infrastructure and investment Africa could be a hotbed for renewable technology as in the past there has been talks surrounding the installation of undersea cables to equip Europe with clean competitively priced energy. Of course cost is the largest hurdle encircling this vision estimated to be in the billions of pounds.
China paved the way with investment last year through investing 83bn USD in clean renewable energy technology. Not far behind were Kenya, who posses on the most expansive rooftop solar system on the planet. Perhaps slightly eyebrow raising is they will additionally very shortly be equipped with one of the largest wind farms on the planet. Wow indeed.
The attentiveness around clean energy has surfaced to nearly every segment of the globe much countering the presumption that our entire economic future is reliant amongst fossil fuels over the next decades. Consumers in the UK are also joining the switch as many want more control over their heating bills especially around winter. Electric radiators are becoming a solid choice for many households in Britain mainly due to their money saving potential through highly accurate thermostats and exceptional controllability.
Our clean energy destiny isn’t just imaginable and advantageous, it’s exquisitely vital on a fundamental basis. Ultimately everyone of our actions will dictate whether our 10 million population will posses the admittance of modern energy without trading off our essential support system of planet earth.
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