RENEWABLE ENERGY SOURCES
Renewable energy will be an important part of the energy supply mix going forward
Renewable energy sources such as wind, solar, storage battery, hydro and geothermal are receiving a great deal of focus since they are a clean and inexhaustible form of energy.
This is particularly important in these times when many U.S. states have enacted renewable portfolio standards which mandate increasing levels of clean energy to be included in utility portfolios
Benefits and Challenges
Each type of renewable energy has its own benefits and challenges. Each has received different treatment in terms of governmental and regulatory approaches pertaining to tax credits, subsidies and rebates.
Many Options Available
A wide range of renewable energy applications could include wind, PV solar, thermal energy, combined heat and power systems, storage battery systems and microgeneration management systems. All of these are readily available as applicable solutions to reducing utility energy costs.
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