✔Renewable energy can Ensure High Per Capita Income.
✔Renewable energy can ensure global peace and prosperity.
✔Renewable Energy Could Save $160 Trillion In Climate Change Costs by 2050.
The International Renewable Energy Agency( IRENA) predicts that within the next two years, solar and wind projects will be able to deliver electricity for as little as $0.03(Rs 2.1) per kWh......right now per kWh rate in Germany ($0.34/Rs 24),Japan ($0.29),France ($0.19),usa ($0.15
in India,according to The Energy and Resources Institute ( TERI ) Solar energy cost to fall to Rs 1.9 ($0.02) per unit and wind Rs 2.3 per unit by 2030. ..coal could be expensive Rs 4.85- RS 6.98 per kWh by 2030.
Key points in favour of Renewable Energy
✔ 1) #Half the World to Face Severe Water Stress by 2030.#Renewable energy can save trillion gallons of water every year #
Coal power plants use enough water to supply the needs of 1 billion 0r 100cr people and that will almost double if all the world’s planned power plants come online.
According to U.S. Geological Survey estimates that thermoelectric plants withdrew 195 billion gallons of water per day in 2000, of which 136 billion gallons(3.7 Liter=one gallon) was fresh water.
So,Water scarcity is another risk for non-renewable power plants. Coal, nuclear, and many natural gas plants depend on having sufficient water for cooling, which means that severe droughts and heat waves can put electricity generation at risk. Wind and solar photovoltaic systems do not require water to generate electricity .
✔2) Renewable energy can save multi billion of dollars electric bill.
#Example -
Renewable Energy Can Save Business Money.Renewable energy can save billion of dollars in energy costs over several years.
The Googleplex headquarters in Mountain View California has over 9,212 solar panels ,capacity 1.6 MW,roughly the equivalent of 1,000 California homes...this installation saves Google $393,000 (Rs 3 cr ) in electricity every year.
We know every company want to reduce their Operating Cost In Business and want to increase their profits..... I think renewal energy can ensure high profits.
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Referances
•Coal plants use as much water as 1 billion people and consumption set to double if all the world’s planned power plants come online.22-Mar-2016 · Coal/www.theguardian.com
•Egypt receives two bids under $0.03/kWh in 200 MW solar tender – pv magazine ...07-Aug-2018.
•Two-fifths of global coal power stations operating at loss -www.power-technology.com ›30-Nov-2018.
•Renewables May Prove Cheaper Than 96% of Coal Plants Worldwide by 2030.29-Nov-2018 ·greentechmedia.com
