Renewable Energy News

We have often thought about fuel poverty and other political issues of the day.

This seems to be a major problem with modern renewable energy technologies.

The investment cost is relatively high, and to make this investment the owner needs to take long term strategic view. This type of approach unfortunately is often not available to the poorest members of society.

The problem, is that the members of the public who could benefit most from renewable energy cannot afford the upfront capital cost.
Inevitably this is another example of how the rich get richer and the poor get poorer. The rich have spare funds that they can invest in a solar panel, wind turbine or heat pump installation. This investment then goes onto reduce the fuel cost outgoings for the owner.

Progress should be made where this type of technology has a greater level of government funding for those who really need it.

Labels: Renewable-Energy