The prices of the fossil fuels are rising high with the rising demand for energy. The current consumption of energy in the world is recorded to be around 500 exajoules per day. The energy sector has grown by 500% in recent times indicating a strong energy sector. Investments in the energy sector have gone up with last year with funds coming to the tune of 155 billion dollars. This investment inflow is all set to grow further with the rising demand for energy.
Some of the reasons why the traditional sources of energy need to be replaced or at least supplemented with green energy are the constantly soaring fuel prices, global warming and the limited supply of these fossil fuels. With the current level of usage, the amount of energy produced is sure going to be in short supply.
Some of the ways of curbing all this is by reducing the dependence on fossil energy. This can be done by reducing the consumption of fossil energy and by investing in clean resources.
Green energy is the future of energy. Those interested in investing in this sector are well assisted by
world energy research, which was set up to develop prospects in the energy sector. The organization has an impressive portfolio and history of energy sector developments.