Across the globe many changes are in effect making this year a significant one for all things solar. Solar energy is not a new technology, but new advancements have made this free, virtually clean form of energy irresistible. Manufactures and consumers alike should take note of the current forms of government supported initiatives, and strike while the iron is hot!
Explosive Growth for Solar Energy
Solar energy is energy collected from the sun and converted into electricity. Solar power is termed a ‘sustainable’ energy source. Electricity made from oil, coal or gas is not sustainable, as supplies can and will become depleted. As oil becomes scarcer, energy prices rise. Recently increased amenity and fuel costs have directly impacted household expenses, lay testament to this fact. Alternative sources of energy have become more popular as countries push for lower energy prices. Green forms of energy are also highly desired by those wanting to reduce carbon foot-printing.
Solar power is set to become the leading form of green power in 2013. By using photovoltaic solar cells to adapt sunlight into electricity, this technology can be used to power something as simple as a calculator or to provide electricity for an entire building. Solar energy comes in two forms. A photovoltaic power plant, which uses tens of thousands of solar panels spread across a large area. The second form is known as solar thermal power. It uses fewer panels arranged in towers, which have mirrors to concentrate the sun’s rays on a liquid filled boiler. This creates steam which drives a turbine to make electricity.
The Positives of Solar Energy
Solar energy is a non-polluting, free form of energy collected from the sun. Solar power systems can be used in both urban and rural settings. It can be generated by the community for the community, and is not dependent on regions that are inhospitable, nor does it exploit the vulnerable. Solar cells are becoming smaller and are less obtrusive to the architectural integrity of buildings. Solar power systems have quality battery units that allow for the storing of energy. They are low maintenance systems and require very little monitoring.
The Year of Success
2013 will see many solar-energy projects coming to fruition. Grand-scale efforts in both photovoltaic and solar thermal power plants are being closely monitored to judge the most efficient, cost effective and reliant forms of solar energy. Such data will help drive supply and demand for manufacturers.
New technologies will also revive possibilities for other forms of solar powered travel and equipment. Improved technologies will increase the demands for solar energy, which should see increased competition in the pricing of solar energy systems. We’ll see a big shakeout a companies that develop cheaper pholtovoltaic solutions beat out higher priced competitors.
Countries such as South Africa and Romania have ramped up green energy initiatives, and with China looking to overtake Germany as the number one user of solar energy in the coming year, there is a growing market for good, reliable solar systems. China recently increased the country’s renewable energy policies. By doing so, it has opened a huge market for exporting solar power technology. As other countries follow suit, new opportunities for U.S. companies will allow for more financial gains.
On the Home Front
2013 should see a rise in the advertising of solar-assisted energy alternatives for residential homes. As strange as this may appear, there is actually a very good reason for the increase in pressure to buy solar-power energy. Three years from now, the federal investment tax credit that is allocated to solar-energy initiatives will drop by a massive twenty percent. On top of that, any company striving to build a solar power plant knows that it is a long, arduous, three year slog to clear the required legal and financial obligations, much less the construction effort, to get a solar power plant up and running. So in order to make their efforts viable, a large community of solar energy supporters will be sought.
Regardless of the motivation, the demand for solar energy is on the rise. 2013 sees many opportunities for companies to break into the market and for individuals to invest in an energy source that will later greatly reduce living costs. Who knows, the reduced carbon impact on the environment may well provide a personal sense of achievement. Consider it a gift for future generations.
Jessica Bosari writes about sustainable energy for solar power Perthcompany, Solar Market.