How Do Renewable Energies More Efficient Than Coal

Throughout time, we have heard how renewable energies are more efficient than coal. They are cleaner, better for the environment, and allegedly more cost efficient. How cost efficient fossil fuels are may depend on which side you look at – the electric company or people and businesses. For an electric company, it is very cost efficient. However, it will take time to see the efficiency to a business. Electric companies have to build or change the plants they currently have in order to meet the needs of the new system, whether it be wind, solar, etc. The â€Å"war on coal† came too quickly; as we will detail below, you cannot quit using your main source of heat to generate electricity and expect the country to run as it has before. Changing takes time and money. If power plants make minuscule changes to their production and facilities, electric companies will show a small fixed and variable cost in the income statement. Even if they have to produce a new facility, the benefits will outweigh the cost, and the new plants will be paid for in a short amount of time. The resident or business installs the solar panels, so the only cost the electric company has are the loss from the rebates. With this, they will not have to change their facilities, and yet they will still make somewhat of a profit. Immediately expensing the cost of building a new electrical system, by solar panels or through a geothermal system, for example, will not immediately affect how much electricity is produced.Show MoreRelatedRenewable Fuels And The Energy Issue1583 Words   |  7 PagesInvestigating whether a renewable fuel produces the same level of energy as an equivalent amount of nonrenewable fuel would be beneficial to help save Earth’s natural resources and i s a very relevant and important science project. The purpose of this project is to figure out which type of fuels is most efficient. 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