The Forum > General Discussion > Crown Capital Eco Management Indonesia - Potential applications of renewable energy sources
Crown Capital Eco Management Indonesia - Potential applications of renewable energy sources
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The potential of renewable sources is massive as they are expected to meet world’s energy demand. Renewable energy sources are biomass, hydro power, geothermal, solar, wind and marine energies they can provide sustainable energy services, based on the use of routinely available, indigenous resources. The renewable resources such as biomass, wind, solar, hydro power, and geothermal can provide sustainable energy services, based on the use of routinely available, indigenous resources are attractive renewable fuel in utility boilers.
While price of gas continue to fluctuate a transition to renewable-based energy systems is looking increasingly likely as their costs decline. Solar and wind powers continue their rapid sales growth in the past 30 years. Due to this their capital costs and costs of electricity generated, and have continued to improve their performance characteristics while fossil fuel and renewable energy prices, and social and environmental costs are heading in opposite directions. The economic and policy methods needed to support the widespread dissemination and sustainable markets for renewable energy systems are evolving fast.