Nuclear Power

Controversy Over Nuclear Power as a Renewable Energy Source

In 1983, physicist Bernard Cohen proposed that uranium is effectively inexhaustible, and could therefore be considered a renewable source of energy. He claimed that fast breeder reactors, fueled by uranium extracted from seawater, could supply energy at least as long as the sun's expected remaining lifespan of five billion years. Nuclear energy has also been referred to as "renewable" by the politicians George W. Bush, Charlie Crist, and David Sainsbury.

Inclusion under the "renewable energy" classification could render nuclear power projects eligible for Read more

Green Energy Trends

Trends With Renewable Energy

The renewable market will boom when cost efficiency attains parity with other competing energy sources. The following trends are a few examples by which the renewables market is being helped to attain critical mass so that it becomes competitive enough vs fossil fuels:

Other than market forces, renewable industry often needs government sponsorship to help generate enough momentum in the market. Many countries and states have implemented incentives — like government tax subsidies, partial copayment schemes and various rebates over purchase of renewables - to encourage consumers to shift to renewable energy sources. Government grants fund for research in renewable technology to make the production cheaper and generation more efficient.

Development of loan programs that stimulate renewable favoring market forces with attractive return rates, buffer initial deployment costs and entice consumers to consider and purchase renewable technology. A famous example is the Read more

Green Energy Market

Renewable energy can be particularly suitable for developing countries. In rural and remote areas, transmission and distribution of energy generated from fossil fuels can be difficult and expensive. Producing renewable energy locally can offer a viable alternative.

Renewable energy projects in many developing countries have demonstrated that renewable energy can directly contribute to poverty alleviation by providing the energy needed for creating businesses and employment. Renewable energy technologies can also make indirect contributions to alleviating poverty by Read more