Are Renewable Energy sources the future?

[Marvell1]

Renewable energy is a source of energy that we can use once and reuse over time. This renewable energy source is believed to help us in the future.
But, there are various debates about this. I have read some news about this. As far as the idea came after reading it, this is exactly what the future energy system will depend on renewable energy. Because of the growing demand for fossil fuels in this world, the amount of fossil fuels is very small.

But in some cases, the use of renewable energy remains a barrier.  According to many, using renewable energy can cost a lot of money but coronavirus has brought our world to such a stage that many countries are now bankrupt and many people are unemployed. Again, many are not able to rely on renewable energy.

But what is the harm to hope? European countries are now constantly inventing new technologies. Maybe one day the renewable energy of technology will overcome these obstacles and become fully usable for human beings.

[Eltharion]

In Europe many countries are heavily investing in renewable energy to obtain climate neutrality by the end of this decade. Many countries have already joined and more are going to join.

[merchantofzeny]

Kinda old post but I'll just share my opinion. I don't think renewable energy, in its current state, is enough to completely fulfill our current (and growing) energy demands. I'm convinced with the advocacy of switching to nuclear as a gap in the transition from fossil fuel to renewables. If we're mostly concerned about CO2 then it's definitely less polluting than oil or coal. Of course there's the issue of where to dump the waste and the fear of meltdown.

For the renewable, I'm not that hopeful with solar although for home use it is the most accessible (though I'm yet to find someone who was completely switched to solar, they just use it to cut down on their conventional electricity use). I think hydro and geothermal are the most efficient but they are limited by geography.

 

While solar panels are great and have gotten way cheaper than they used to, in order to have an effect globally, it would require mass adoption, which is quite a procedure for most households. On the other hand, if I had my own house, I'd definitely invest in producing my own energy. Along with an electric car, it would significantly reduce living costs and achieve ROI within a few years.

Yeah that's the main barrier. It can require a hefty upfront cost which the people who would benefit the most, the lower income families that have small power usage, can't afford.

[sana54210]

Yes the cost of solar panels have greatly reduced over the years and as we can see we now have a lot of devices that can be easily powered by solar. Not only that they are cheap but they are also friendly to the environment.

I think this can encourage more people to switch on solar than to the standard type of electricity. Haven't heard any new inventions related on the renewable energy. Did they run out of idea already? Because there have been a good number of inventions that we saw on the past but I believe that they modify it and they make it more better. Renewable energies are the future because like I said earlier they are more cheaper and more greener.

The problem right now is that the storage and transmission of it is not easy. It means if you build a huge solar farm somewhere in the middle of nowhere, then you will have a lot of difficulty to store it and sell it to someone 1000kms away from that farm.

If you want to put solar panels on the roof of your house, it works wonders, my friends did it for their summer house and they do not pay a single cent for their electricity, it costed them around 6 years worth of electricity bill, which sounds a lot when you pay it right now, but imagine putting that amount aside every single month after you already have that panel, you would be making a profit, and bills keep going up each year due to inflation, add that in and its even quicker and much more profitable. So right now, individually it is by far the best solution, but as a business it is still quite difficult to handle the storage and transferring part.

[savetheFORUM]

In Europe many countries are heavily investing in renewable energy to obtain climate neutrality by the end of this decade. Many countries have already joined and more are going to join.

For the good of our world, that is what has to be done. I have been seeing the trend of countries that has plans of switching to renewable energy sources before the decade is over. So, I believe that in the next few years to come that renewable energy sources are going to be a huge thing in our world, and a lot of countries will be opting for this source of energy instead of the old ones that we have been using. This would be a way to save our environment from harmful substances,. It is all going to be a gradual process, and it will be achieved.

[dezoel]

We don’t know that yet, but the world is taking every opportunity to switch to renewable energy sources. Nowadays you can see a lot of campaigns that are promoting the use of renewable energy sources, and condemning the use of fuel and the rest of other sources that are harmful to the environment. It is like a regular thing these days, and there are also companies now that are more focused on having energy sources that are renewable and not harmful to the environment.

This trend seems to be growing day by day, and as time goes on it’s quite possible that it would become a huge trend and most companies would be switching to it. I don’t think there would be any that would like to be left behind when most others have switched to a better source that doesn’t harm the Environment.

[BALIK]

Yes the cost of solar panels have greatly reduced over the years and as we can see we now have a lot of devices that can be easily powered by solar. Not only that they are cheap but they are also friendly to the environment.
I think this can encourage more people to switch on solar than to the standard type of electricity. Haven't heard any new inventions related on the renewable energy. Did they run out of idea already? Because there have been a good number of inventions that we saw on the past but I believe that they modify it and they make it more better. Renewable energies are the future because like I said earlier they are more cheaper and more greener.

The problem right now is that the storage and transmission of it is not easy. It means if you build a huge solar farm somewhere in the middle of nowhere, then you will have a lot of difficulty to store it and sell it to someone 1000kms away from that farm.
If you want to put solar panels on the roof of your house, it works wonders, my friends did it for their summer house and they do not pay a single cent for their electricity, it costed them around 6 years worth of electricity bill, which sounds a lot when you pay it right now, but imagine putting that amount aside every single month after you already have that panel, you would be making a profit, and bills keep going up each year due to inflation, add that in and its even quicker and much more profitable. So right now, individually it is by far the best solution, but as a business it is still quite difficult to handle the storage and transferring part.

The world is already suffering from an energy crisis, that's why researchers think of renewable energy as our future.
We have already got many benefits of renewable energy, you know, many of us have solar panels in our homes, which is Quiet Useful.

The fuels we use emit large amounts of carbon dioxide, which is extremely harmful to our environment, but the use of renewable energy can protect the earth from excessive carbon dioxide emissions and global warming. That means renewable energy is environmentally friendly.

But the negative side is also worth thinking about, I don't know how much the next world will be able to make good use of renewable energy. Because it is expensive to use and about 90% of the country is suffering from serious debt due to pandemic situations.

[Eltharion]

Do you think that Crypto coins can promote the usage of renewable energy sources or facilitate similar projects in the future?

[justdimin]

We don’t know that yet, but the world is taking every opportunity to switch to renewable energy sources. Nowadays you can see a lot of campaigns that are promoting the use of renewable energy sources, and condemning the use of fuel and the rest of other sources that are harmful to the environment. It is like a regular thing these days, and there are also companies now that are more focused on having energy sources that are renewable and not harmful to the environment.

This trend seems to be growing day by day, and as time goes on it’s quite possible that it would become a huge trend and most companies would be switching to it. I don’t think there would be any that would like to be left behind when most others have switched to a better source that doesn’t harm the Environment.

We "kind of" know it. How? Well non renewable energy sources will be over eventually, maybe it will take 5 years, maybe 10, maybe 100 but they will be eventually over. By that time world could be gone because of all the horrible way we treat our planet but even if it stays, that means they will be all gone. This results with renewable energy having the only path to go. This is known so companies are already making a good amount of investment into renewable energy. In fact the increase in investment to renewable is bigger than the new investment fossil ones are getting.

So, this math shows that "eventually" renewable energy sources will be our future and current methods will be gone. We also need to realize that energy is something we are lacking a lot, and if we keep on using it like this, only thing that could survive us will be renewable ones.

[SquallLeonhart]

In my opinion these are the energy sources of the future, because most of the resources such as coal, oil, .... we humans have exploited are increasingly exhausted and if there is no alternative resource. OK. It is very possible that one day humanity will return to the primitive age without electricity without modern devices as it is now. but currently it is very limited and is only widely used in developed countries with modern scientific technology.

The bigger problem is that all of those things causes people to pollute the earth as well. If you check the biggest polluters in the world, you will realize that most of them are energy companies, which is a proof that all these oil and gas situations are actually terrible for the world as well. Not only they are taking the limited resources we have in this world, but they are also making the climate problem a big trouble for all of us at the same time.

Maybe it will be too late, or maybe it won't be too late but I am 100% sure that we will end up with a renewable energy solution eventually where everything will be a lot better in the end, may take some time before it happens though.

[CaVO32]

We don’t know that yet, but the world is taking every opportunity to switch to renewable energy sources. Nowadays you can see a lot of campaigns that are promoting the use of renewable energy sources, and condemning the use of fuel and the rest of other sources that are harmful to the environment. It is like a regular thing these days, and there are also companies now that are more focused on having energy sources that are renewable and not harmful to the environment.

This trend seems to be growing day by day, and as time goes on it’s quite possible that it would become a huge trend and most companies would be switching to it. I don’t think there would be any that would like to be left behind when most others have switched to a better source that doesn’t harm the Environment.

Climate change is a global problem that we are facing today. This is why the rise of utilizing renewable energy sources is very much encouraged. And this is true, because more and more people are going into the use of solar panels or wind turbine and other renewable energy. Even in construction industry, they are promoting the green construction concept. I believe humanity will indeed find ways how to address this global problem. Because it is on our hands how we want our future to be on this planet.

[Ultegra134]

Kinda old post but I'll just share my opinion. I don't think renewable energy, in its current state, is enough to completely fulfill our current (and growing) energy demands. I'm convinced with the advocacy of switching to nuclear as a gap in the transition from fossil fuel to renewables. If we're mostly concerned about CO2 then it's definitely less polluting than oil or coal. Of course there's the issue of where to dump the waste and the fear of meltdown.

For the renewable, I'm not that hopeful with solar although for home use it is the most accessible (though I'm yet to find someone who was completely switched to solar, they just use it to cut down on their conventional electricity use). I think hydro and geothermal are the most efficient but they are limited by geography.

I recently saw a video from Nas Daily, about the Barakah nuclear plant in the UAE, if I am not mistaken, which is currently producing more than 1/4 of the whole country's electricity demand. Despite having awful examples in the past, Chernobyl, Fukushima and probably a few others, I also believe that their technology has vastly improved, by learning what went wrong during these incidents, and eventually in the future it could potentially be one decent solution against fossil fuels, along with forms of renewable sources, supposing we find a way to process nuclear waste safely.

[Eltharion]

Does anyone know any Coin which channels a part of the value generated into renewable energy sources?