WHAT IS RENEWABLE ENERGY?
Renewable energy is that energy which can be renewed after use. It does not get exhausted after extensive use and is unlimited in nature. Renewable energy is the answer to a cleaner and greener future for our planet.
Renewable energy is non-replenish able and is extracted from natural sources. It is the process of harnessing nature’s power to provide green renewable energy in producing electricity. This electricity can be used to power a number of things such as homes, vehicles and can be used to power even generators in power plants. Using renewable energy can help to reduce energy imports to a great extent. It can also help to reduce fossil fuel use, which is the largest source of carbon dioxide emissions on the planet.
Renewable energy can also play an important role in the plant’s energy security. Therefore, It can be a viable option in reducing greenhouse gas emissions as well. Biofuel which uses biomass to produce energy is one of the biggest renewable green energy sources that is used in the world.
PROS OF RENEWABLE ENERGY
- ● It does not extinguish
- ● It requires less overall maintenance
- ● It is more economical in the long run
- ● It is Eco-friendly
- ● It produces lesser wastage
- ● It leads to a healthier environment
- ● It can increase employment
CONS OF RENEWABLE ENERGY
- ● It has a higher upfront cost
- ● It is an unpredictable source of energy
- ● It requires more storage capacity
- ● It is restricted by geographical limitations
THINGS TO CONSIDER BEFORE INVESTING IN RENEWABLE ENERGY
The first thing to consider before investing in renewable energy is to look for energy sources that have been proven to be good investments in the present as well as in the future. There are many technologies that claim to be good investments but are relatively new and have no proven track record and aren’t scalable. It is wise to invest in sources that are both scalable and practical.
The second thing to consider when investing is to assess the time it will take for the completion of the project. It’s necessary to understand if the company is raising capital before development of the project or whether the project is ready to commence. This will help determine how long it will take to have a return on investment.
The third thing to consider is the details of the contract between the company and the customer or customers who are purchasing the power from the company. It is also important to identify how much a customer is paying for the power that is being purchased.
The fourth thing to consider when investing is that studies have shown that by the year 2030, the renewable energy sector will receive investments worth $1.5 trillion in new power plants. While fossil fuels will still be a bug power source, renewables will be bigger still in the future.
Understanding these important considerations will help you make an informed decision and mitigate risk when investing in renewable energy. It is important to invest in renewable energy sources as much as possible because our planet is facing some serious threats due to harmful emissions of greenhouse gases which is resulting in global warming.
Despite its disadvantages, renewable energy is still a better option for the environment because the advantages outweigh the disadvantages by a long shot. Adopting renewable energy sources in our personal lives and for commercial use can make the planet healthier, cleaner and greener.
BAMBOO RENEWABLE ENERGY
What makes bamboo an ideal choice for a sustainable energy source is that it is different from other trees, which when cut from the bark, seize to grow. Whereas, a bamboo plant continuously produces new perennial culms from its underground root system year after year.In addition to this, Its growth rate is very fast, upto 1 metre a day.
Another reason bamboo energy makes an ideal choice as an alternative biomass energy source is because of its rapid growth rate. Production and harvesting of bamboo can help curb deforestation and reduce the pressure on existing forests. When compared to petroleum and other sources of energy, bamboo renewable energy produces and emits much fewer pollutants which makes it even more eco-friendly.
Utilizing bamboo as a renewable energy source is a good option as it is a fast-growing and extremely versatile crop. Bamboo holds significant potential to be a power generator for powering communities. This is because It renews itself rapidly and grows much faster than any other crop, which makes it sustainable as well.
One billion people still live without access to electricity, worldwide. Bamboo as alternative energy has immense potential to be used for electricity generation and powering those communities. A single bamboo pole has the ability to provide enough electricity to a household to last one whole month.
Bamboo is also the answer to fighting climate change as it produces 30% more oxygen when compared to trees spanning across an equal area of land.
ABOUT AAKASH
AAKASH is among those visionaries who have taken early steps towards a sustainable ecosystem. Bamboo plantation is encouraged for not just the energy requirements fulfilled by Bamboo Biomass but also for the environmental benefits.
AAKASH advocates the use of Bamboo Biomass to meet the energy requirements in a clean and renewable manner. AAKASH has identified that Bamboo can provide as much energy as the conventional source with lesser environmental impact and carbon footprint.
AAKASH works with the collaborators involved in bringing about a constant business model on all aspects of Bamboo cultivation. Farming the plantation to mitigate climate change, would enhance the investors with power generation, infrastructure or the productive business style. AAKASH involves various stakeholders aiming at forming a business based on Bamboo and Bamboo biomass, ensuring an effective ecosystem.