Renewable energy will never run out, does not produce carbon dioxide and is available to everyone regardless of their location.
Benefits of renewable energy to the economy include job creation, rents, rates, services and the production of affordable electricity; an essential component of any economy and reducing the impacts of climate change. The levels of funds staying within the economy are significantly increased if the schemes are owned or part owned by local people themselves and the knock on effect of money generated from the industry remaining within the economy.
The government has introduced targets to generate 10% of our electricity from renewables by 2010 (if you live in Scotland the goal is an impressive 18%). The advantages of such a target include wealth creation, employment generation, social cohesion, rural diversification, regeneration, education and training, environmental protection and eco-tourism. Renewable resources are key to guaranteeing long term security of supply, fulfilling rural diversification opportunities and reducing greenhouse gas emissions. The money spent globally on renewable energy is expected to grow to £25 billion a year by 2007. Renewable sources of energy from biomass, wind, wave, tidal, solar and hydro are the future of heat and power generation.