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Do you think it is important for companies to invest in renewable energy? Why? How does that affect business?

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Question added by Deleted user
Date Posted: 2014/04/05
SMARAGDI FILIPPAKOPOULOU
by SMARAGDI FILIPPAKOPOULOU , Secretary , Public sector (temporary job)

Of course, because oil and gas is bound to finish some day. Until then, the planet must be already prepare to use something different in their place, in order to continue to live. So it's a matter of survival basically. 

AmanUllah PMP®
by AmanUllah PMP® , Project Engineer , Technical and Industrial Services Co.

I think one should be encouraged to invest in renewable energy for the following reasons.

  1. Although its installation costs are higher but its operational costs are very low.
  2. More reserves infact unlimitted. While fuels are limitted on this planet.
  3. Has a better future.
  4. helps to keep a clean environment as compared to fossils fuels.

Abdul Rehman Zaheer
by Abdul Rehman Zaheer , Marketing & Projects Specialist , King Fahd University of Petroleum & Minerals

Renewable Energy is not something every company can/or/should invest in. In addition to energy production from renewable sources being very expensive, its return on investment fall mostly short of promises. Most renewable energy plants and big projects worldwide are mostly reliant on government subsidiaries. Such technologies though may be vastly available worldwide now, However they are yet to mature to a point where they'd prove very beneficial for companies.

 

I'm however a huge fan of Energy Conservation. It is a concept closely related when talking about renewable/green energies. Certain measures taken with respect to energy conservation can majorly cut down energy costs in addition to their other benefits.

 

In short "Renewable Energy" sounds like the ultimate savior considering the possible depletion of other sources, However alot of R&D is needed before they can be extremely commercially successful.

Abdul Samad Nadeem Malik
by Abdul Samad Nadeem Malik , Business Support Officer , Thimar Al Jazirah - 3M ESPE

Renewable energy is important because of the benefits it provides. 

Renewable energy technologies are clean sources of energy that have a much lower environmental impact than conventional energy technologies.

Renewable energy will not run out. Ever. Other sources of energy are finite and will some day be depleted.

SAGHEER AHMED
by SAGHEER AHMED , GM operation , Protecta Guard (pvt) Ltd

       Good Question,,

           Renewable Energy is better but something every company can not  invest in bussiness due to renewable sources being very expensive, Most renewable energy plants and big projects worldwide are mostly reliant on government subsidiaries. However they are yet to mature to a point where they'd prove very beneficial for companies.

      "Renewable Energy" sounds like the ultimate considering the possible dependon other sources in bussiness units.

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