Who wouldn’t want to get a lifetime supply of free electricity? Well, that can be realized only if you install a dependable and durable solar power system. Solar power is free but only after the installation of the power system. Conventional electricity comes from the burning of fossil fuels that in turn contribute to global warming. The effects of global warming are quite evident nowadays. Many people are now interested in saving the environment to prevent the devastating effects of pollution. One way to decrease pollution and environmental concerns is through the use of solar power.
Solar power can be used in different ways especially in households. You can use it for lighting, for cooking, for heating the house, and many others. Utility bills are very expensive and you can cut it down by installing a solar power system. The system has solar panels that collect sunlight and converts the energy of the sun into electricity. You can readily use the electricity or it can be stored in the batteries.
The sun’s raw energy can’t be used to power homes and it needs to be converted first through the inverter. If you have a solar powered house, you can make use of renewable and clean electricity. Even if you can’t cut off your traditional electrical supply, you will be able to reduce the consumption thereby helping the environment. Electricity is generated by burning fossil fuels that contribute to pollution and global warming. The supply of fossil fuels is also decreasing and the world might face electricity shortage soon if they don’t conserve energy. It would be best to start using solar power now.
Through the efforts of SEPA (Solar Electric Power Association), the public is made aware of the many benefits of solar powered homes. This is the best time to make substantial efforts to save the environment. Solar power can’t possibly replace conventional energy sources today but who knows. If the technological advancements can help in the enhancement of solar power systems, perhaps in the near future the whole world can go green.
Pollution is widespread and it poses a great threat to the world. By reducing traditional electricity consumption, you can also lessen pollution. Solar power can provide clean, renewable, and free electricity. It doesn’t produce harmful emissions. You can enjoy free electricity as long as the system is working properly and as long as the sun rises.
The solar power systems are not that expensive these days. In fact, you already get a solar power kit for as low as $200. Still, the large solar panels are expensive. The federal government in the US offers incentives, loans, grants, rebates, and other financial options to help homeowners in installing a power system. Take advantage of these financial options so that you can start helping the environment.
Solar power systems can serve your home for about twenty years when properly maintained. It’s like an entire lifetime if you start now. If every home around the world patronizes solar power, global warming can be greatly reduced and Mother Nature can heal herself. Try to learn more about solar power and if you can afford to install a system at home or in the office, don’t hesitate because you’re doing the world a favor and you also get a lot of benefits.
New research from the World Bank Group indicates energy storage capacity will increase 40-fold in developing countries over the next 8-9 years; growing to 80GW from 2016’s 2GW capacity.
The report, commissioned by IFC and the World Bank-administered Energy Sector Management Assistance Program (ESMAP), says energy storage deployments in emerging markets are expected to grow more than 40 percent each year in the coming decade.
The largest energy storage markets during this timeframe are expected to be China and India.
Energy storage will play a crucial role in helping to meet demand for low-carbon electricity in developing nations. By 2020, these countries will need to double their electricity generation according to the International Energy Agency (IEA), and by 2035 will account for 80 percent of the total growth in energy generation and consumption globally.
The report says the uptake of battery and other stationary storage technologies would enable emerging markets to roll out more solar power and wind energy, with reduced need for fossil fuel-fired power plants to provide backup when conditions are unfavourable. Storage can also help overcome other grid management challenges associated with variable energy generation from these sources.
“By dramatically expanding the capacity to store energy, these technologies will help countries meet their renewable energy targets, support the demand for clean energy, and help bring electricity to the 1.2 billion people who currently lack access,” said IFC Executive Vice President and CEO Philippe Le Houérou.
It’s unlikely to be a smooth journey, with significant barriers and challenges ahead to overcome. These include challenges relating to awareness, competition, operational practices, regulatory issues, political and economic instability and procurement.
However, the report states the most important factor in the energy storage market achieving its full potential may be the availability of low-cost financing for project development, as high upfront costs would otherwise limit growth.
“The impact of energy storage technology can be magnified if stakeholders take into account the lessons and recommendations discussed in this report,” states the document.
The full report, Energy Storage Trends and Opportunities in Emerging Markets, can be downloaded here (PDF).