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Experts Predict Continued Expansion of Renewable Energy Globally, But Depends on Government Policies
Some energy experts have recently predicted that renewable sources (including wind, solar and hydroelectric) could provide up to 43% of the world’s energy supply by 2030, according to recent trends. However, the pace of renewable energy development is most rapid in those countries with national energy policies and incentives favoring renewable energy, which presently do not include the United States.
According to an October 10 report in the RenewablesBiz Daily, China leads the world in renewable energy development. Fueled by China’s aggressive government support for renewable energy development, RenewablesBiz reports that: Chinese companies control half the $45 billion global market
Florida Power & Light’s new Martin Next Generation Solar Energy Center, the world’s first and largest hybrid solar-thermal and natural gas power plant, which went online in December, 2010, typifies a growing trend toward combining renewable energy sources with natural gas technologies.
Recent commentary has drawn attention to an evolving trend toward construction of hybrid power plants utilizing clean renewable technologies such as wind or solar energy, combined with natural gas, an inexpensive and plentiful energy source. When the sun is not shining or the wind not blowing, the natural gas combustion engines kick in, allowing the plant to
Please visit Barnhart Law PLC’s Resource Center – Articles page – to read a previous article written by Constance R. Barnhart, entitled, “Incentives for Wind Energy Development in the U.S..”
The article was published in the renewable energy industry journal EnergyPulse.
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Additional posts coming soon on: Wind Energy News & Updates
Additional posts coming soon on: Solar Energy News & Updates
Additional posts coming soon on: Government Incentives for Renewable Energy
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