The TRUTH: Is Renewable Energy Cheaper Than Fossil Fuel?

The rising population is resulting in the degradation of resources on planet Earth. Fossil fuel is one such resource used on Earth that is degrading faster. 

People are extracting fossil fuels in abundance. Since Fossil fuel is non-renewable we should limit its consumption. It’s time to save these resources by replacing them with renewable sources of energy. 

There are endless benefits of replacing fossil fuels with renewable energy.

  1. Renewable sources of energy are inexhaustible and can be generated anytime in nature. 
  2. Extracted naturally and sometimes with low equipment to generate electricity
  3. Reduced electricity bills. An installed solar panel generates lesser electricity bills.  
  4. Renewable energy sources provide no harm to the environment. It reduces atmospheric carbon dioxide emissions in the environment. 

The energy is sustainable and contributes towards a cleaner earth. 

The energy is sustainable and contributes towards a cleaner earth.
The energy is sustainable and contributes towards a cleaner earth. 

According to the International Energy Agency (IEA), the dependence on renewable energy will reach 30% by 2024. 

Renewable energy is sustainable and will not run out for thousands of years. 

Let’s quickly identify why reducing Fossil Fuels is beneficial 

Identify why Reducing Fossil Fuels is Beneficial
Identify why Reducing Fossil Fuels is Beneficial 
  1. Fossil fuels are not infinite. Eventually, this source of energy will degrade or finish. 
  2. Release carbon-dioxide, which is not good for Earth and living beings. 
  3. Generated using renewable energies like Wood, resulting in the degradation of natural resources. Once the wood is burnt for coal, we cannot reuse it.  
  4. Finding fossil fuels is time taking. The extraction cost is very high when compared to renewable sources of energy. 
  5. Mining coal is time taking and often requires huge manpower to do that. 

Is Renewable Energy Cheaper Than Fossil Fuel? 

Is Renewable Energy Cheaper Than Fossil Fuel?
Is Renewable Energy Cheaper Than Fossil Fuel? 

Yes, renewable energy is not only sustainable but highly cheaper than fossil fuels. 

The extraction cost of renewable sources to generate electricity is cheaper. 

Let’s dig in a few renewable energy sources that are cheaper than fossil fuels:

List Of Renewable energy sources that cheaper than fossil fuels

Biomass

Using organic matter for biogas or biofuels started thousands of years ago. It is still used at various places to cook food. 

Plant residues and agricultural and forestry waste is used for biomass production. 

Animal and plant matters are used to produce fiber chemicals and heat. 

Replenishing plants for the production of biomass energy contributes towards net-zero emissions of carbon dioxide.

Prevent burning animal and plant matters to reduce air pollution. Use plant residues to convert it into usable energy like biogas or biofuels. 

Burning of cow dung destroys phosphorus and nitrogen. Convert these matters into biogas or biofuels for energy generation. 

Generating electricity through biomass and biogas has limitless benefits on the environment. 

Plant and animal residues generate energy without carbon emissions, contributing towards a sustainable planet.  

Biogas

Biogas is a composition of various gases like hydrogen, hydrogen sulfite, carbon dioxide, and methane. 

Biogas production is done through anaerobic degradation of plants and animal waste. The anaerobic degradation takes place in the presence of water.  

In anaerobic degradation, organic matter is broken down by bacteria in oxygen presence. 

Biogas is a low-cost fuel, mostly used in rural areas. The most common biogas plants are fixed dome biogas plants, floating drum biogas plants. 

The cost of generating biogas is very nominal and is generated through animal waste. It requires limited resources to produce biogas, but its benefits are limitless.  

Tidal Energy 

Tidal energy is like wind energy. It causes no harm to the established ecosystem. 

Tidal energy is generated through the stream generators or barrage generators. It drives through the motions of the Earth and the Moon system. 

Tidal energy generates when the Sun and the Moon’s tidal forces combine with Earth’s rotation. 

Wind Energy  

Wind energy is converting wind into electricity or mechanical energy using turbines. 

To generate electricity, wind farms are installed in the gazing or agricultural areas. 

Wind energy is also used to propel sailing ships, grinding grains, and pumping water. 

Geothermal Energy 

Geothermal energy is used for generating electricity. It is the heat of the Earth and is clean and sustainable. 

Geothermal energy is extracted on the earth’s surface using water and steam. Resources of geothermal energy are gathered deep down beneath the earth’s surface.

In this layer of the Earth’s surface, the temperatures are extremely high. It has a molten rock called magma. 

The hot water and steam come out of the cracks of the Earth’s surface. Sometimes, the holes are drilled deeper to gush out the hot water. 

The high pressure created by steam and hot water turns generator turbines and produces electricity. 

The electricity generation through this process is not common. To prevent the degradation of resources, we should adopt more renewable resources like geothermal energy. 

Radiant Energy 

The cost of normal electricity can reduce to 99% with radiant energy. It has a different behavior than electricity but performs the same functions. 

Some machines that ran on radiant energy are; Nichola Tesla’s magnifying glass, Edwin Gray’s EMA Motor, T Henry Moray’s radiant energy device. 

The first wireless telephone built by Nikola Tesla was based on radiant energy.

Hydro Energy

Hydro-Electricity is one of the most commonly used renewable energy. Dams are built to store water in large reservoirs. 

The large reservoirs create a controlled flow of water. To generate electricity, turbines are turned using water, and electricity is generated. 

Hydro energy is more reliable than wind or solar energy. Hydro-electricity is stored and used when demand reaches a peak.  

Compressed Natural Gas

Using Compressed Natural Gas (GNG) has increased in recent years. It is a perfect substitute for propane fuel, diesel, or gasoline. 

Many houses use GNG connections because it is safer and diffuses easily into the surroundings. It is the safety fuel used for cooking across the globe. 

The CNG has been increasingly used as fuel in cars. As a fuel, it is both budget and environment friendly. 

Various vehicles use CNG as a diesel substitute in their cars. It is cheaper than diesel and enables users to save a lot of their money. 

Solar Energy 

Sunlight is available in abundance on planet Earth. It is a freely available energy source. The sunlight Earth receives in one hour is more than the total energy required throughout the year. 

We receive more solar energy in summers than in winter. The solar power plants are installed at different places to use solar energy and reduce electricity consumption. 

Solar energy is clean, and it is installed in residential areas and commercial areas to reduce the burden on private sources. 

Sunlight is received throughout the year. Just one hour of Sunlight is enough to accomplish a year’s energy requirements. 

Renewable Energy

Conclusion 

To reduce resource degradation, dependence on renewable sources of energy is important. 

As the population is increasing, we must start saving the resources for our future generation. 

Renewable sources of energy like solar power, wind, hydro, biomass, biogas should be used more. 

Renewable energy is clean and sustainable. It has no or very minimal effect on the environment.

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