Invisible Dust

London | Sunday 26 March
Pollution level: Moderate

Invisible Dust Recommends #11 – Renewable Energy: Ecological and Economical


16/02/2017

 

Asia's largest solar power station, the Gujarat Solar Park, in Gujarat, IndiaAsia’s largest solar power station, the Gujarat Solar Park, in Gujarat, India — Image by © Ashley Cooper/Corbis

 

Fossil fuels have had a grip on the energy market for decades, energy companies specializing in oil, coal & natural gas have the obvious advantage of their products being the go-to energy supply since the industrial revolution. Fossil fuels and their prices can dictate global politics and their suppliers are some of the most powerful companies and corporations in the world.

However, this may change over the next decade or so. Technology such as solar panels have become incredibly cheap and accessible, so much so that developing countries have been able take huge steps forward in terms of generating their own clean energy. In November 2016 Al Jazeera covered the effect that solar panels and solar power are having in India:

What this means is that people are using renewable sources of energy because it is directly within their interest, they can see the results immediately. Quite rightly many have advocated for cleaner forms of energy on an environmental basis for years, however it seems the rise in renewable energy will be a result of favorable economics and accessibility rather than a push to be greener.

The obvious benefits of renewable energy to local communities and nationwide is reflected in major nations such as India, China, The U.S, The U.K and Japan investing billions of dollars into solar, wind and hydro-electric technologies.

Eco Watch discussing 2015 as a significant year in the rise of renewable energy gives a good indication of this shift in investment. 

Maybe China’s position as the worlds leading investor into renewable energy will force nations such as Japan and The U.S to step up their already sizable investments in order to rival them on the global market. If larger, traditionally fossil fuel rich nations , such as Saudi Arabia, continue this trend, nations will be competing over energy supplies that will help reduce their carbon footprint. Even if this impressive rise in cleaner energy is fueled by monetary and even political ambition, rather than an ecological stance, it can only be a good thing for the health of the planet.

Reuters: China to Plow $361 Billion into Renewable Fuel by 2020 

The Independent: Saudi Arabia seeks £40bn renewable energy investment to turn oil-producing country into a ‘solar powerhouse’

NextBigFuture: India detailed solar and renewable plans to 2022 with solar pumps for agriculture, minigrids, roof top solar and utility energy

 

Comment

Leave a Reply

Share