Alternative energy is the energy obtained from the alternative sources of energy like solar energy, wind energy, geothermal energy etc. Alternative energy is a clean and non- polluting source of energy that can be put to a number of uses.
The production of alternative energy has increased in the past decade. For this reason alternative energy companies are also growing at a rapid rate.
Fossil fuels that meet most of the energy needs today are non- renewable sources of energy and their reserves are declining. Therefore an alternative source of energy is required to meet the increasing needs of energy of the world. The alternative energy sources are renewable and they will not dry up but will be available for ever.
Alternative energy does not cause pollution. On the other hand, the burning of fossil fuels emits gases like carbon monoxide, sulphur dioxide etc. in the air.
The energy produced by alternative energy companies reduces global warming and also does not produce acid rain.
Alternative energy companies are trying to develop fuels that are less polluting and do not harm the environment in any way. Alternative energy companies are also flourishing because of the development in science and technology. New technologies offer better ways for research on alternative energy.
Alternative energy companies require a lot of investment for set up. However, once they start operating, their benefits overshadow their costs. Alternative energy companies produce enough energy that can meet the ever increasing energy demands of the world.