Electricity for residential and business use can be produced using a combination of wind, solar, and hydrogen fuel cells. There will also have to be intermediate solutions and cooperation between corporations, utility companies, and individuals in order to successfully transition to a renewable, hydrogen, and energy-efficient economy. Corporations will have to manufacture energy-efficient electronics and appliances, which minimize energy consumption, and automatically turn themselves off when not in use. Utilities and governments need to give incentives for people to use less energy, and individuals need to be more aware of the amount of energy that they are using. There is significant proof that the growth in the electricity demand can be decreased through the use of creating appliances and devices that are more energy-efficient, implementing building codes, financial incentives and helping individuals to voluntarily decrease energy use.
The U.S. Department of Energy recently conducted a study that investigated wind power, and found that implementing 600 GW by 2030 was feasible. If this actually occurred, this would be an estimated 50% of the United States predicted power use in 2030. One advantage of wind power is that it does not take a lot of space — the towers can be placed on farmland, (and just about anywhere else), without really getting in the way.
Solar photovoltaics (PV) are a technology that can be used immediately, and sales have been growing very strongly during the last decade. However, it still has a small market share due to the high costs of the solar panels. Concentrating solar power may be accepted faster than conventional solar technology because the costs are beginning to be competitive with traditional energy technologies. Concentrating solar power systems allow power plants to produce electricity from the sun on a larger scale, which in turn allows consumers to take advantage of solar power without making the investment in personal solar technology systems. Geothermal energy can also provide a significant amount of energy if it can be proven within the next few years.
Company Resource: Heat Pump, Household Heat Pump, Swimming Pool Heat Pump
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