Oil and oil products are the most important part of modern civilization. It is the back bone of industrial civilization and the developments that we enjoy today. But more than being dependent on oil energy resource, most of us have become addicted to it. The recent oil gas news reports say that the prices of oil and oil products have increased very high when compared to the prices of 2009. If this hike goes on, the oil and gasoline bills of an average man will become so high soon that he will find it hard to survive.
A lot of research programs have been going on to get a lucrative substitute for fossil fuels like oil. The most suitable energy resource, so far discovered, to replace fossil fuels is renewable energy. Renewable energy is generated from various natural resources like sun wind, tides, etc. These energy resources can be naturally replenished and hence won’t run out. Sun is one of the of the major renewable energy source widely used by people around the world. Solar, wind and water energy are the highest used alternative energy resources.
The increase in enthusiasm that the people have about renewable energy resources has created a sort of contentment that our energy demands can be easily met by the wise use of renewable energy resources. Research works are still going on to develop newer technologies for large scale extraction of renewable energy resources.