Climate change concerns, coupled with high oil prices peak, and increasing government support, are driving increasing renewable energy legislation, incentives and commercializations. New government spending, regulation and policies helped the industry weather the 2009 economic crisis better than many other sectors.
Renewable energy flows involve natural phenomena such as sunlight,wind,tides and geothermal heat, as the International Energy Agency explains Renewable energy is derived from natural processes that are replenished constantly.
In its various forms, it derives directly from the sun, or from heat generated deep within the earth. Included in the definition is electricity and heat generated from solar, wind, ocean, hydropower, biomass, geothermal resources, and biofuels and hydrogen derived from renewable resources.
In its various forms, it derives directly from the sun, or from heat generated deep within the earth. Included in the definition is electricity and heat generated from solar, wind, ocean, hydropower, biomass, geothermal resources, and biofuels and hydrogen derived from renewable resources.