Dear MEL Topic Readers,
Switching to renewable energy could save trillions – study
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes biomass from wood or waste, hydropower, geothermal, wind, and solar. Renewable energy reduces greenhouse gas emissions and lowers our dependence on fossil fuels, such as coal, oil, and gas. Even though there is a clear and urgent need to switch from fossil fuels to green energies to curb global warming and save the environment, it has been thought renewable energy is more costly. However, recent research shows that continuous and swift transition to green technologies will reduce their costs more significantly than previously thought. In fact, for new power projects, solar and wind are already more economical than fossil fuels. The next hurdle is how to store power and balance the power grid as wind and solar are both affected by weather conditions.
Enjoy reading the article and learning about the economic advantage of renewable energy.
https://www.bbc.com/news/science-environment-62892013
Switching to renewable energy could save trillions – study
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes biomass from wood or waste, hydropower, geothermal, wind, and solar. Renewable energy reduces greenhouse gas emissions and lowers our dependence on fossil fuels, such as coal, oil, and gas. Even though there is a clear and urgent need to switch from fossil fuels to green energies to curb global warming and save the environment, it has been thought renewable energy is more costly. However, recent research shows that continuous and swift transition to green technologies will reduce their costs more significantly than previously thought. In fact, for new power projects, solar and wind are already more economical than fossil fuels. The next hurdle is how to store power and balance the power grid as wind and solar are both affected by weather conditions.
Enjoy reading the article and learning about the economic advantage of renewable energy.
https://www.bbc.com/news/science-environment-62892013
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