Will Solar Be the Most Dominant Form of Renewable Energy by 2023?
Will Solar Be the Most Dominant Form of Renewable Energy by 2023?
Solar power has been gaining momentum in recent years, even among gas and electric companies. Photovoltaic (PV) power has become so popular that researchers predict it'll be the most dominant renewable energy by 2023. With other options like hydropower, oil, gas, wind and geothermal, why is solar experiencing a surge in popularity?
Lower Prices
A few years ago, solar power was so expensive that only large corporations and wealthy families could afford installation. Now, however, the price of solar is going down, and more people are taking advantage of these lower prices.
Monetary Savings
The cost of powering a home or company with solar, however, is a fixed amount and won't fluctuate with the rest of the energy market. Moreover, solar is generally less expensive than traditional gas or electric.
Problematic Non-Renewables
In addition to being overly expensive, most traditional forms of energy depend on non-renewable fossil fuels. Thermoelectric power plants generate about 90% of the electricity in the U.S. Because these resources are non-renewable, humans will eventually deplete them, leaving no other choice than to adopt solar and other renewables. In the meantime, people will continue burning fuels, therein creating carbon emissions that exacerbate global warming and pollute the air.
A World of Uncertainty
While many believe solar will become the poster child for the renewable revolution, this form of energy will have to jump a few hurdles first. One of the largest obstacles standing in the way of solar is pending tariffs. In recent years, the government has applied and unapplied tariffs and trade policies over and over again. Meanwhile, China remains the leading producer of solar panels.
With the U.S. unable to settle on trade regulations and negotiations, the future of solar power is uncertain. However, if the government rules in favor of solar and the costs don't skyrocket, solar could likely become the most dominant renewable in 2023.
#solarmounting #solarpower #solarracking #solarbracket #solarstructure #solarpv #solarenergy #renewableenergy #solarroofmounting #solarmounitngstructure #solarrackingsystem #solarpanelmounting
News from : www.realclearenergy.org
Related Links:
https://www.mgsolarracking.com/
