Post
Topic
Board Economics
Re: Our future with renewable energy.
by
alastantiger
on 20/09/2023, 20:06:40 UTC

It'll be difficult for everyone to move fully into renewable energy, as the means of getting these energy resources isn't cheap. A lot of people living off grid use renewable energy, yet not all can afford its maintenance. Let's take solar for instance, most times the battery get weak, even after charging for a long time. The inverter still need electric energy to be charged completely, which can enable it to power big house facilities like fridge, Tv etc. Electricity bill is expensive, but it remains the best form of energy. Renewable energy is fine, but the question of 100% usage isn't guaranteed. Hence, if the government sponsor such things for her citizens it'll be another form of tax and bills, which is not encouraged. Renewable energy, with its disadvantages, is best sponsored individually. I've seen lots of solar powered house owners complaining about panels malfunctioning or having to add more panels often times to power more facilities. The advantage is great, at least constant electricity, in our homes and no need for fuel to power anything. In countries, where the sun intensity is high, solar energy can solve great problems for users. I'm only concerned about the maintenance aspect of it, thereby requiring extra funding from the users.
This is right what I have in mind. Transition everyone to renewable energy is difficult. The idea of renewable energy and its advantages to people are good but not everyone can carry the cost, that the maintenance that is needed after the initial installation. Also to add this is not even cheap to come by depending on whichever part of the world you are in. In the country where I reside, one of the ways to get people to transition into renewable sources of energy for their homes and businesses is if there is a lot of competition in the market and could help to drive its cost down for the average person to buy it.