You are Not Directly Purchasing Green Energy for Your Home

Green Energ
Green Energy

Despite the frequent confusion between the phrases "green energy" and "renewable energy," there is a significant—and sometimes puzzling—difference between the two. Not all renewable energy sources are truly green, despite the fact that the bulk of them are. Take hydropower as an example. While some argue that the industrialization and deforestation that take place during the construction of large hydro dams make the process of producing enormous amounts of power from water less environmentally friendly, hydropower, or energy produced from swiftly moving water, is a renewable resource.

 

It's crucial to understand that the energy you use will be a mix of green, renewable, and conventional energy, regardless of the product you select. This is because energy sources are mixed together when they join the electricity transmission infrastructure. The few regional networks that serve Canada and the US then deliver power from this location to homes and businesses. Because of this, when you buy green energy, you are not actually getting green electricity for your home; rather, you are paying a small premium to assist in covering.

The global Green Energy Market is estimated to be valued at US$ 975.79 billion in 2021 and is expected to exhibit a CAGR of 8.3 % over the forecast period (2021-2028).

Solar panels are the best way to quantifiably lower the carbon footprint associated with your energy use. They are perfect for people who wish to go green at home but don't have the space or resources for a solar panel array. Additionally, it expands households' and businesses' access to energy and is the most cost-effective way to encourage significant investments in renewable energy.

Energy has a positive impact on our physical health since it considerably reduces pollution of the air and water. According to the World Health Organization, indoor and outdoor air pollution is a factor in thousands of fatalities each year. Especially in Southeast Asia and the Western Pacific, low- to middle-income countries saw the majority of these fatalities.

Another advantage of green energy is its capacity to utilise renewable energy from natural resources without gradually depleting them. There will always be renewable energy sources available as long as the sun is shining, the wind is blowing, and there are lakes, streams, and rivers to draw power from. Each resource's reliability and consistency are influenced by the location; for example, the United States is better suited to produce solar electricity than other countries that receive less direct sunlight. Similar to this, wind farms will likely produce more electricity in windy areas like plains and the coast.

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