How do you compare renewable energy technologies financially?
One of the most important factors contributing to the very slow growth of Renewable Energy globally has been the cost. Another important issue limiting Renewable Energy growth and adoption by utilities around the world is that Renewable Energy only works some of the time and it is NOT up to the utility when. Can you imagine having to wait until the sun was shining very bright in order to drive to the grocery store or hospital?
One country that is adopting Renewable Energy very quickly because they need energy is India.
Will you please take a look at this example of India so you can understand the key to getting more Renewable Energy power plants installed quicker?
Genergy Technology is “Base load” Renewable Energy technology. A hydroelectric dam is a base load technology. Most of the base load technology we rely on for day in and day out electricity is both base load and Unfortunately coal, gas, or nuclear.
Based on the lowest price ever bid in India a 1,000 MW God’s Energy power plant has a 610% economic advantage over solar and a 309% advantage over wind.