Renewable Energy

By: Martha Lopez

What exactly is renewable energy?

Renewable energy is energy that can be acquired from natural resources that can constantly be restored. Types of renewable energy are: solar, biomass, wind, geothermal, and hydropower. Energy obtained from renewable sources are less harmful to the environment and doesn't use up Earth's resources. It is also less polluting than non-renewable energy.

The Impact of Renewable Energy on North Carolina

Since 2007, North Carolina's renewable energy have generated a net gain in employment, revenue, and has attracted billions in private investments. Renewable energy policies are costing electricity ratepayers less and have helped the state government save a large amount of taxpayer money. This has positioned North Carolina's clean energy industry as a top national and global competitor.

How is Renewable energy affected by Supply and Demand?

Currently, the U.S supply for renewable energy is exceeding demand, although higher demand for renewable electricity is a good thing. But if demand continues to exceed supply, prices will go up. The authors of the NREL report that in order to stop this problem, there must be increased federal support for renewable energy.