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Thursday, 12/22/2011 7:54:21 AM

Thursday, December 22, 2011 7:54:21 AM

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Why SLTZ? Renewables and photovoltaics...The Technology!

Renewable energy technologies are essential contributors to the energy supply portfolio as they contribute to world energy supply security, reducing dependency of fossil fuel resources, and providing opportunities for reducing emissions of greenhouse gases.

Most of the renewable sources of energy are considered distributed low-density energy sources. In other words, their power plant can produce only up to tens of megawatts of electricity, while a large coal or nuclear power plant can produce more than 2,000 megawatts. However, renewable energy based generators are environmentally benign in general, and a very large number of them can be built to derive a substantial amount of electricity. For example, it is possible to install solar photovoltaic generators on many rooftops, but it is unlikely that many people will allow a coal or a nuclear power plant in their neighborhood.

Most countries in the world will be facing serious energy shortages in the near future. High energy consumption and the ever-increasing world population will force residents of many countries to confront the critical problem of dwindling domestic fossil energy supplies. Current dependence of majority of countries on oil has important economic costs and portends future negative effects on national and international security and the economy. There are many other ways of using the modern technology to make the renewable and other alternate energy technologies work for us. One of the key renewable energy technologies is photovoltaics.



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