ClearWorld January 2018 - Page 5

With renewable energy though, you get to use almost 100% of the electricity it produces. That makes electricity pricing a lot more predictable.

Coming back to the point made earlier, coal, diesel and even nuclear energy are all more expensive per kWh than solar and wind energy, and the table prepared by Lazard’s clearly shows that. So even

if you may not be too much of an environmentalist, thinking in terms of pure economic advantage also brings renewable energy sources such as the wind and the sun to the forefront. Since wind and solar energy derive their energy from sources that are freely available in nature, at no additional cost, they are basically zero-cost sources fuel. The non-renewable energy sources are, however, extracted fuels, meaning they are generated through elaborate processes and machinery. Due to so many of these factors involved, the cost of extracted fuels could further rise from the existing levels.

So with the underlying trend identified thanks to some in-depth market analysis by experienced analysts, making the right investing or trading decisions becomes easier. By investing in solar technology and various initiatives, you can help the renewable energy field and companies such as ClearWorld gain momentum towards investment-friendly, forward-thinking initatives.