Energy Market Conditions

Energy market conditions have a significant impact on the viability of EE projects. Fuel availability and prices and projected energy supply and demand are critical factors affecting the profitability of EE projects. Other factors that have to be taken into consideration include: (a) energy policies, legislation and regulations, such as EE efficiency standards, labelling practices and building codes; (b) the existence of utility restructuring activities and demand-side management programmes; (c) specific EE initiatives, such as tax incentives and (d) environmental regulations, such as limits on emissions of energy-related air pollutants, including nitrous oxides, methane, sulphur dioxide and carbon dioxide.

Renewable Energy 101

Renewable Energy 101

Renewable energy is energy that is generated from sunlight, rain, tides, geothermal heat and wind. These sources are naturally and constantly replenished, which is why they are deemed as renewable. The usage of renewable energy sources is very important when considering the sustainability of the existing energy usage of the world. While there is currently an abundance of non-renewable energy sources, such as nuclear fuels, these energy sources are depleting. In addition to being a non-renewable supply, the non-renewable energy sources release emissions into the air, which has an adverse effect on the environment.

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