top of page

Is Renewable Energy Stimulating the Economy?

Tall Buildings
Competitive Economy

How does the addition of renewable energy contribute to a competitive economy?

Solar Panel Array
Technological Advancements

How does the addition of renewable energy contribute to a competitive economy?

Installing Solar Panel
Job Opportunities

Do renewable energy projects create job opportunities?

Demonstration
Lack in Adoption

Why are renwable energy projects being overlooked as economically valuble opportunities?

Site Summary

Renewable energy sources, such as sun, wind, water and geothermal energy, are derived from resources that are replaced constantly and are not degraded when used. Traditional, non-renewable energy sources (such as coal, oil, and natural gas) exist at a finite quantity that is depleted with each use. Research has shown that the addition of non-renewable energy to the grid not only decreases consumer costs and increases supply stability but also increases company stock values (due to a variety of factors). However, most energy providers and governments are reluctant to provide an opportunity for renewables in their energy supply. This hesitation in accepting sustainable solutions may be explained by the very successful lobbying by traditional non-renewable players in the market and by the reputation renewable energy sources have as a purely green, climate change related solution. Unfortunately, with the observed slow adaptation of renewables into the power grid, energy providers are missing out on the economic potential of sustainable energy. One solution to this shortcoming could be the increased reporting and distribution of relevant study results through mainstream media to reach the general public. The information on this site is aiming at contributing to this solution at a very small scale.

bottom of page