Green Energy Is Becoming More Affordable
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When most people in the public think about green energy, they believe that there little cost to produce it. Since the wind and sun are free sources of energy that can be converted into electricity, and then sold to consumers, it must be free to produce right? Unfortunately and surprisingly for many people, this is far from the case. Even though the fuel sources themselves are without cost, the actual process to make that transfer from sunlight or wind to actual electricity is expensive. At the current time, it is so expensive that it actually costs more to produce electricity this way than by burning fossil fuels, which have a cost incurred by the extraction as well as the increasing environmental costs which over time have proven to be increasingly more expensive. Technology will typically start out expensive and gradually get less expensive as it is adopted and improved, as seen with every type of new consumer electronic device that has ever been sold. In the beginning, a DVD player cost well over a thousand dollars. By the time they were mainstream, a DVD player could be had for only a few hundred dollars. This rule is based on the popularity of something drawing more competitors into the market, and creating a competition that will fuel innovation. If the deciding factor of one brand over another is cost, then innovators will figure out ways to produce that item for less in order to capture sales.
The technological innovations in the green energy markets that are fueling lower prices for production are found in less expensive components being manufactured in the form of solar panels and wind turbine parts. These parts can be damaged by lightning strikes and weather in the field, necessitating their replacement. Through manufacture of less expensive components that can do the same job, costs are lowered. Another method of driving down costs is through the integration of preventative maintenance equipment such as surge protection equipment that can prevent damage as a result of power surges. When lightning hits exposed components, it causes a power surge that travels through the connected system components, overwhelming circuitry and creating damage that also needs to be repaired or replaced. Through the integration of more advanced surge protection devices, this damage can be minimized, or potentially localized to only the exposed components. By eliminating or at least reducing the amount of damage that occurs as a result of the inevitable lightning strikes that happen every day, the overall costs of production can be driven down significantly. Once this is achieved, the combination of lower operating costs and a free fuel source can create systems that produce energy at a lower price than fossil fuels. Once this happens, there is no need to continue the more antiquated methods, ultimately innovating us into a cleaner and more sustainable world. Were you aware of the reasons that solar and wind power are being lobbied against by the fossil fuel industry? Now you know the truth and can support the innovation that will bring about cleaner and cheaper power.