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Energy Business Review | Monday, January 03, 2022
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Solar energy is one option to power any home or business that is environmentally friendly.
FREMONT, CA: People are all aware that solar energy is a limitless renewable energy source that emits no CO2 or other greenhouse gases because it does not require fuel or other resources such as water or wind. This is one of the aspects that makes it one of the most exciting energy generation systems from an environmental standpoint. However, additional benefits of solar energy are not as evident but are equally significant when deciding on a system. Here are a few examples:
Environmental impact
Solar energy generation produces no noise, which is critical to consider when installing solar energy systems in metropolitan settings. Additionally, it produces no waste because it requires no maintenance and has a far longer lifespan than other energy generation systems. Indeed, solar panels are engineered to endure the effects of the environment during times of extreme weather.
Increased grid security
This is a significant indirect advantage that directly affects the power grid's efficiency in the event of blackouts and voltage dips. The ability to include solar energy from thousands, if not millions, of separate energy production centers increases the grid's resilience to overloads or fires in transformer substations.
Economic cost savings
Solar energy generation considerably reduces expenses, as it is an infinite source of energy that is not subject to market volatility or speculation-induced impacts. As previously stated, it requires a substantial initial expenditure that is quickly amortized. Furthermore, it is an infinite and continuous source of energy that requires no additional maintenance or usage expenditures.
Nonetheless, recent scientific advancements indicate a significant decrease in the cost of the components used to create the panels, resulting in more efficient and affordable solar cells.
Economic consequences
Finally, most of the system's costs are incurred during the installation of the solar panels, which stimulates local employment creation. Thus, broad use of these systems fosters employee development and positively affects the local economy.
Adaptable installation
Due to the ease and simplicity of installation, it may be placed practically anywhere, utilizing both vertical and horizontal spaces with no specific purpose. This feature, together with the simplicity and flexibility of the system, enables the installation of small-scale solar projects with the added benefit of being expandable based on current demands.
However, the most intriguing advantage is the ability to provide electricity in remote areas where the cost of establishing electrical distribution lines is prohibitively expensive or impractical.
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