Lovi2)10 Ways That Technology is Changing The Future of Renewable

In this Video, We Will Talk About 10 Ways That Technology is Changing The Future of Renewable Energy

"Welcome to Our Youtube Channel"! Today, we're delving into the dynamic world of renewable energy and how technology is shaping its future. Join us as we uncover 10 groundbreaking ways technology is revolutionizing clean power solutions. If you're as electrified as we are, hit the like button, subscribe for more tech-driven insights, and share your thoughts in the comments – let's spark a sustainable energy conversation!"

1: Solar Energy

Solar panels are photovoltaic cells made from silicon or other types of material that transform direct light from the sun into power. It is a distributed solar system that generates clean energy for companies and homes. The panels are attached to a rooftop or supplied through a community project to provide power to a whole neighborhood.

The International Energy Agency predicts the energy cost of solar will become 35 percent cheaper in 2024. Globally, solar panel installation is expected to double by 2023.

Solar panels are safe for the environment and produce no air pollutants. Solar technology is the fastest-growing and most cost-efficient energy source throughout most of Europe. With government initiatives promoting clean energy initiatives more and more, an increasing number of businesses and Europeans are turning to solar energy to help run their business since the cost and installation of the systems have dropped dramatically over the years.

2: Wind and Offshore Wind Energy

Wind energy and offshore wind power use blades that rotate in the wind to power a turbine that generates electricity. In parts of Europe, wind turbines provide some of the cheapest energy available. You can place a turbine anywhere there are high winds, open plains, or hilltops, with many wind farms found off the coast around many parts of Europe.

As a cheap and effective source of energy, and the ability to plant wind farms off the coast, there are plenty of opportunities for European businesses to get involved with wind as a renewable energy source.

3: Hydroelectric Power

Hydroelectric power is the number one renewable energy source in Europe, followed by wind power. It depends on fast-flowing water in large rivers or descending water from a waterfall, for example. The force of water is then converted into energy using the spinning motion from a turbine’s blade of a generator.

In Europe and other countries, large hydropower plants are referred to as non-renewable energy since their construction and subsequent operations can impact the environment. Small plants, however, when managed appropriately, have little effect on the environment since there is no restriction on water access to humans and animals.

4: Geothermal Energy

Geothermal energy production comes from beneath the earth’s surface, after drilling deep wells and bringing hot water above ground. The hot water becomes a hydrothermal resource and is then pumped through a turbine to generate energy. When geothermal energy plants pump water and steam back into the reservoir, however, low carbon dioxide emissions can be released into the air.

5: Biomass

Biomass is organic material from animals and plants, trees, crops, and waste wood. When the materials are burned, it generate chemical energy released as heat that is then converted into electricity. Some scientific studies find that many forms of biomass energy from forests produce higher carbon emissions than fossil fuels.

6: Ocean-Tidal Energy/Wave Energy

Ocean-tidal energy/wave energy is still in the developmental stage as an alternative energy source. Ocean-tidal energy is produced by the ocean movement impacted by the moon’s gravity. Science found that tidal energy approaches may harm wildlife, such as dams in a lagoon or an ocean bay. Wave power relies on devices, including structures or ocean floor anchors which can be found on or just beneath the surface of the water.

7: Energy Storage

Energy storage has the potential to transform and heighten renewable energies soon. Systems need storage due to varying wind and solar production. Businesses are developing multiple energy storage technologies to have an impact in this space. 

An example of such a system is intelligent energy management technology which optimizes multiple technologies. Power storage allows an efficient flow of energy to be maintained despite the intermittent nature of wind and solar. 

Storage technologies have the ability to help energy capture systems progress while increasing the use of renewable energies.

8: Distributed Generation

Distributed generation is slowly revolutionizing the field of renewable energy. It is gaining popularity as an affordable energy source in the commercial sector. Homes and factories are using solar panels combined with heat and energy systems to reduce the cost of electricity generation.

The advantages of distributed generation are:

Decreased dependency on centralized power.

Increased grid reliability.

Creating a sustainable utility-scale renewable power source.

Distributed generation is more effective when combined with intelligent grids and regulated systems using computers and technology that help refine transmission. In Europe, the estimated growth of distributed generation is expected to reach a value of €98 billion in 2026.

9:  Advanced Electrification

Advanced electrification is becoming more trendy in European countries as more countries shift their focus to renewable energy sources in the future. Companies in Europe are already installing 100 MW of utility-scale transmission and connecting clean energy storage with high-volume power connections. 

The prediction is that the shift will ultimately reduce up to 90 percent of carbon dioxide by 2050.

This will provide an essential capacity for a network of rapid electric vehicle charging stations. Energy experts believe the project will speed up the energy transition in the United Kingdom, with the goal of reaching net-zero emissions of carbon dioxide pollutants within 21 years.

10: Power-to-X Energy

Power-to-X energy covers various processes that convert energy into renewable synthetic fuel, heat, or hydrogen. It is a new technology that can facilitate a rapid shift to renewable energy in the chemical, steel, and food production industries. The use of renewable synthetic fuels can solve long-term energy storage obstacles.

Benefits of Renewable Energy, Address global warming

Broaden energy supply and reduce dependency on imported fuels.

Create jobs and economic growth.

Improve public health.

Limitless energy to meet future electricity needs.

Stable energy costs

Dependability and resilience

Opportunities for European businesses and consumers following EU initiatives to reduce net carbon emissions. 

Global Warming

Global environmentalists and scientists believe global warming is the result of human activities. Carbon dioxide and other emissions are overloading the atmosphere with gases that trap heat. Its impact is causing a rise in the sea level, drought, wildfires, and more storms than usual. 

Job Creation

Across Europe, the demand to install more renewable energy systems is gradually increasing. This opens up a lot of opportunities for businesses to take advantage of, as well as bringing in more jobs. Windmills need technicians for the maintenance and service of equipment. 

Employment Statistics

Over 100,000 full-time employees in manufacturing, turbine construction, operations, maintenance, transportation, and installation were employed in 2016. Wind turbines gained momentum with over 500 factories required to produce parts and $13 billion in investments for power installation. Covid-19 in 2020 caused industrial production to decline but remains stable in the EU and other global countries.

Health Benefits

Various health problems, including respiratory complications, heart disease, and cancer, are linked to air and water pollution discharged by coal and natural gas plants. A Harvard University study showed a shortened life expectancy can cost over $74 billion each year due to the public health effects of fossil fuels. 

Vast Renewable Energy Alternatives

Today, there is a small fraction of electricity comes from a naturally replenishing supply of energy, such as solar. This includes winds, plant matter, sunlight, heat from the earth’s core, and fast-moving water. Renewable energy can provide a substantial share of energy to meet the needs of businesses and human consumption.

Energy Price Stability

Renewable energy provides affordable electricity from solar power across the world and stabilizes energy costs in the future. Due to Moore’s Law, it is likely that the price of renewable energy processes will decrease in the future, while its effectiveness will continue to improve. Solar manufacturing markets are maturing, and companies are increasingly taking advantage of economies on a utility scale.

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