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A look at energy investmentsEnergy investments are investments made in companies that are looking for or concentrating their efforts on alternative fuel and energy sources. Investing in renewable energy sources can be great for the earth and for the investor. Why invest in energy Renewable energy is becoming a big business.Wind, solar, geothermal, and modern biomass are now competing with conventional fuels for power generation, space and hot water heating, transportation fuels, and rural energy supplies.Governments all over the world are supporting renewable energy. Many of the countries have energy promotion policies in place. One of the ways that each person can get a part of it is to invest in renewable energy.
Energy investments in wind energy Wind energy is actually one of the world's quickest growing energy systems. Even though wind-powered generating capacity is increasing, wind energy is still only about one percent or less than the world's electricity generation. There are a few issues with wind energy. Since many of the places that wind energy is gathered are remote, the cost of transporting the energy to those who would use it is very high. Also, wind is not quite as reliable as gas, coal, and nuclear generation sources of electricity are right now. But despite some setbacks, wind energy is a great alternative source of energy. Energy investments in solar energy Solar energy is yet another investment avenue for those looking to make investments in alternative energy sources. There are a couple of reasons that investing in solar energy might be a little scarier than investing in other alternative energy resources. For one, there seems to be an ongoing shortage of polysilicon which is the main raw material that is used in solar panels. Also, when the price of crude oil declines it disturbs the activity of solar energy since solar energy cannot compete as well with lower prices of crude oil.But since costs of fossil fuel are rising, solar energy's value-to-cost ratio is beginning to improve which gives investing in solar energy a positive outlook for investors. Energy investments in geothermal energy Geothermal energy is generated from heat that is stored underneath the Earth's surface. There are several advantages for using geothermal energy.There are very few emissions for undesirable substances from the use of geothermal energy. Also, the price is better than the cost of fossil fuels, in addition to the fact that it reduces the reliance of fossil fuels. Energy investments in biomass energy Biomass energy should be invested in because it can help to reduce the dependence of foreign oil, it can reduce greenhouse gas emissions, and biomass energy even supports the forest-product and United States agricultural industries. |
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