Renewable energy is defined as the energy that are generated from natural resources that can continually be replenished. To generate this type of energy, renewable energy technologies are used to become renewable energy sources. Various types of renewable energy technologies are:
- Geothermal energy
- Wind energy
- Ocean energy
- Solar energy
While many of these renewable energy sources are considerably large-scale projects, there are still some renewable energy sources that are suited for remote or rural areas. Small solar PV systems (which provides electricity to millions of households around the world), and biogas (which can be used for cooking or lighting) are examples of renewable technologies that help bring new level of prosperity even to the poorest nations.
Benefits of Renewable Energy
The following are some of the benefits solar energy (renewable energy):
- It’s clean so it doesn’t contribute to global warming either through pollution or green gas emissions.
- It’s limitless so it can be used without the fear of losing a supply.
- Unlike fossil fuel which may eventually run out, making it more expensive, renewable energy gets significantly cheaper as time and technology progress.
Renewable energy may be used for transport fuel, space heating, hot water, power generation, and off-grid energy services.
Renewable Energy Certificate for RE Producers
Planning to produce renewable energy would require a renewable energy certificate. This is to prove that a 1MWh is generated from a renewable energy source. Once you already have your certificate, you will now be able to sell generated renewable electricity on the open market as a commodity.
Importance of Renewable Energy in Malaysia
Renewable energy is important in Malaysia’s economic prosperity, to provide more jobs and to help lower Malaysia’s greenhouse emissions. The country’s goal is to have an energy supply that has lower gas emissions to be able to meet the challenges brought by climate change.