Posted on October 8, 2014 by admin
The majority of the world’s energy needs today are supported by non-renewable sources such as coal, oil and natural gas. The subject of alternate energy has been subject to a lot of media attention and is a crucial factor in politics and decision making of governments around the world today. Energy financing and management is one of the most important challenges of the 21st century. With dwindling natural resources the time won’t be far where renewable sources are the only source of energy available. Alternate energy sources are the future of the energy industry.
Major players in the Alternate fuel market:
Solar energy is indirectly responsible for many other natural fuel sources. Solar energy is one of the most abundant renewable energy source known to man. In terms of business prospective, the demand for renewable energy is going nowhere but up. Solar energy can be channeled to be used for heating and lighting solutions. They can be used for an array of industrial and commercial energy generation applications.
Hydrogen has been identified as an effective replacement to automobile fuel. Hydrogen variant automobiles are poised to dominate a large chunk of the auto market in the future. Found in abundance and is far less harmful to the environment. They can also be used as a fuel to generate electricity.
Energy efficiency solutions:
Small steps taken in conserving energy can go a long way in helping you reduce energy consumption of your home or building. Switching to LED lights, managing water, installing better energy management software all add up to the road of a clean energy future.