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3 Energy Options That Could Be Considered For The Future

June 16, 2021 by Christopher

Photo by Zbynek Burival on Unsplash

For years we have been looking at the future and wondering what part of life will be different.

Unfortunately, while we have made advancements in technology, there is still one part of our society that we can’t seem to accurately pinpoint what may be best for our future.

The next step in our energy consumption is a topic that you may have heard of before, especially when it comes to the environment.

However, since there are so many different energy possibilities, it’s not easy to narrow down the best ones for future use. Here are three energy options that we should consider for our future.

 

Solar Power

Solar Power has increasingly become a popular form of energy for many around the world. In addition, this renewable energy has seen a rise in popularity with some governmental institutions, allowing members of the public to use solar panels.

According to Renters, “solar installations soared 46% to more than 5 gigawatts,” and “in the United States is on track to install 24.4 GW this year, an increase of nearly 24% over last year.”

Thus, in the future, it might be a possibility that we could become heavily reliant on solar energy, but it may yet to be seen.

 

Natural Gas

Natural Gas is currently one of our main energy sources, and there is still a debate on whether or not it will be a future resource. However, many believe that Natural Gas will continue to be a good option.

A report by the Center for Strategic and International Studies argues that the future of natural gas is somewhere in the middle, it is unlikely that we would be able to pull back on natural gas usage anywhere in the near future.

With companies similar to Twin Eagle (https://www.twineagle.com) working with natural and renewable energy, natural gas could continue to be an option for us in the future.

 

Hybrid Energy

The likelihood of using a mix of different energy sources is enormous. We have already seen the use of wind power, solar power, and other energy resources, and many companies that are active in energy management and supply already offer a mix of these renewable energies and other resources.

So, there is a big chance that future energy options will mix different resources, so we are not overly dependent on one kind of energy.

We currently see this in our cars. Hybrid cars have become popular over the years, with companies like Tesla leading the way in energy-efficient vehicles that use gas and electricity.

So, it would be interesting to see how hybrid energies evolve for use in homes and businesses worldwide.

 

Conclusion

Right now, we are in a position that allows us to survey our choices and understand what we need to survive and take care of the environment.

Whether or not we will be in a position to choose what we need is another conversation, but these options could be what we may see in the future or at least be considered.

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Filed Under: Consumer Advice

About Christopher

Chris is a personal finance blogger with Stumble Forward helping people avoid life's financial mistakes and live a higher quality financial life.

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Hi, my name is Chris! I’m a personal finance and small business nerd.  Check out my blog where I share all of my favorite tips about saving money to running a small business.

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