Economic Perspectives of Renewable Energy Systems

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Economic Perspectives of Renewable Energy Systems ( economic-perspectives-renewable-energy-systems )

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• Energy security: reduced dependence on foreign energy imports. • Environment: mitigating global climate change, regional acid rain, local air pollution, and indoor air pollution. • Employment: technology development, manufacturing, installation and maintenance services. • Technological development and competitiveness: rise of new domestic industrial bases. • Rural development: improved energy services and income-generation opportunities. • Reliability: greater energy availability and/or reliability in areas where service from electric power grids may be intermittent or unreliable. Renewables are the only future eventually energy sources if fusion fails and coal remains dirty. Due to their continually improving performance and cost, and given growing recognition of their environmental, economic and social benefits - Renewables will grow increasingly competitive with traditional energy technologies. 8. Renewable Energy Technologies on the Market, in Demonstration and in the Concept-Phase Commercial markets for Renewables are today: Hydropower, Bio-energy, Solar Heating and Cooling, Solar Electric (Photovoltaic), Wind Energy and Geothermal Energy. Today, for the following Renewable Energy Technologies pilot- and demonstration plants are in operation: Solar Thermal Power, Solar Production of Fuels and Commodities, Solar High Temperature Industrial Process Heat, Solar Hydrogen Production. Already in practice non-proved Renewable Energy Technologies are different types of ocean energy systems: Power systems for wave, marine current, thermal gradient and salinity gradient. A model for a “Solar Chimney Technology” was constructed in Spain 1882, and nowadays a new concept for “Floating Solar Chimney Technology” was proposed. The concept for solar electricity production in the orbit (Solar Power Satellite) was developed in the early 1980, without realisation in the following decades. 26

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