Investments In Alternative Energy 2021

It is possible to have a profitable portfolio (that's the keyword, right?) That invests in alternative energy funds. The production of “green” energy is expected to be a billion dollar industry (in today's dollars) by 2021.

Newer wind turbine technologies have brought us more profitable and more widespread wind power. The more advanced wind energy technologies tend to be more competitive in the market than traditional energy technologies. New wind energy technologies don't even kill birds like they used to! Wind power generation is a growing technology and the companies involved in it would be a large part of a growth portfolio or aggressive growth.

Next, there are solar cell or photovoltaic cell technologies to consider. These are found in calculators, private lights, U.S. Coast Guard buoys, and other areas. They are increasingly found on the roofs of residential and commercial buildings as well as building complexes. The costs go down. Your energy efficiency (the ratio of the amount of work you put into producing your energy production to your actual energy production) is constantly increasing. For example, the efficiency of converting cells to silicon has increased from just 4% in 1982 to more than 20% for the latest technologies. Photovoltaic cells generate absolutely no pollution as they generate electrical energy. However, photovoltaic cells are currently not as inexpensive as "grid-generated" electricity. "Photovoltaic" cells are currently unable to generate any industrially generated electricity due to their current space restrictions. However, the areas in which photovoltaic cell arrays could be implemented are becoming increasingly available. In short, costs go down as the efficiency of this alternative fuel technology increases.

Many alternative energy investment advisors believe that alternative energies derived from currents, tidal movements and temperature fluctuations are rapidly becoming a new and prevalent form of clean energy. In fact, the French are quite advanced in hydropower generation, and there are many studies in the same direction in Scotland and the United States. Some concerns relate to issues related to the deterioration of metals in salt water, marine growth such as barnacles, and severe storms that have disrupted energy production in the past. However, most of these problems seem to be solved by using different and better materials. The energy generated by the ocean has a great advantage as the synchronization of ocean currents and waves is well understood and reliable.

Investment in hydropower technology has increased over the past two decades. Hydropower is clean; however, it is also limited geographically. While older and larger dams are already important for generating electricity, they are grappling with disruptions to marine life. These dams have been improved to protect marine life, but these improvements come at a cost. As a result, more emphasis is now being placed on environmentally friendly hydropower plants that do not have these environmental problems.

The reality is that the energy future is green and investors would do well to spend their money wisely when these tips are followed.