With the rise of new energy sources, we look into the technologies emerging as ideal alternatives to current oil and gas resources.
Before anything, you may want look at the Standardization in the Petroleum Industry, and how these changes reflect the industry of today.
Next, you might want to read on the Largest Renewable Energy Sources Today, which will make you ask questions on why this particular source still hasn’t been tapped for its potential.
The answer however, comes from the post before this, on the report that economic realities prevent wind from potentially powering the globe.
Recent studies by two different US science teams suggest that the Earth has enough wind energy to powered the world. Unfortunately, the cost of building wind turbines and wind farms may outweigh the report’s findings.
Based on the research, wind energy can provide up to hundreds of trillions of watt power, which already ten times what we consume today. Potentially, wind energy can produce even up to 20 times current world consumption rates.
Despite wind energy providing to be an ideal, environmentally-sound alternative source, finances remain the biggest hurdle to any dramatic increase in the use of wind. The cost of building a system of turbines is too high, plus it would also take too much land.
Wind energy must also compete with coal and fossil fuels, which are often more preferred because they enjoy government subsidies. Natural gas is still cheaper compared to wind power. So despite the potential, the economic reality puts the reports in the backseat.
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