Renewable energies are diverse in nature and they have the capacity to replace the fossil fuels, which have detrimental effects on the environment. Since there is no toxic waste in producing power using green power technologies the emission of green house gases can be brought under control to a large extent. There also been a growing demand for renewable energy resources in the recent past by industries and domestic users, because of the increasing awareness of the green house effects.
Several industries do not mind the initial costs of setting up green power plants and they also get green power certificates, which are valuable in the consumer industry. You may wonder, what are the different kinds of such energies? Well just to name a few - Hydro electricity, wind power, ocean power bio fuels and bio mass are all different forms of renewable energy sources.
As of now hydro electricity is able to reach several domestic users and many companies have set up hydro electricity units. The wind energy and
solar energy are also popular and it is possible for people to have these forms of energy suppliers installed in their own homes. As of now
solar energy and wind energy cannot meet 100% of the usage demands for the basic consumer, but they can save about 40% or even more of the regular power consumption for a domestic user.
Most people find this good enough, because they are directly saving 40% of the power costs. Renewable energies are ideal for the environment and the Earth, because they take power from natural sources that are readily available and as there are no raw materials used to create power there is no waste. This is the single biggest factor that is riving the whole world towards green power as it involves only investment costs and nothing else.