Renewable energy - an economic sector of increasingly growing importance

In recent years, renewable energy sources have gained more and more importance in the US. This is surely for many different reasons; however, one of the main drivers is the idea of environmental protection. Fossil fuels and nuclear energy generate too great a burden for the environment and a specific long-term risk. At the moment, policy is geared to systematically shut down nuclear power plants. Since the demand for energy is continually increasing, politics, science, and the economy are focusing themselves on renewable energy.

How important are the renewable energy resources for the economy?

Due to the fact that new energy forms are being utilized more and more, many companies aiming to produce and sell renewable energy have been established. These companies are in need of many workers in the fields of technology, sales, and management. The question that arises concerns the impact renewable energy will have on the individual consumer.

How will further progress in renewable energy affect you as a consumer?

Homeowners are capable of producing electricity and heating power themselves, thanks to renewable energy sources. This is possible, for example, with a roof-installed solar panel system. These private solar installations are often not sufficient to cover all of the household energy needs. If enough space is available, a consumer can even provide energy for the grid. This is the case, for example, in large, agricultural areas. It is also possible to participate financially with a wind turbine plant. In some cases, good yields can be achieved in the long run. Of course, it is also the case that the government provides support to private households that build facilities to produce renewable energy. This offers many possibilities and investment opportunities.

Technical and economic translations from the translation agencyFasttranslator

As the importance of renewable energy increases, so does demand for it. For this reason we translate technical documents for our customers in addition to economic texts. These include balance sheets, business plans, contracts, construction manuals, software and much more. Our native speaking translators possess relevant subject expertise and translate your documents quickly and professionally from and into more than 160 languages. We will gladly advise you by telephone and by email.