|The most challenging issue in today's world is to provide the energy to the population of almost 9 billion people on the planet earth. Most of the countries have started looking for the best possible solution(s) for the replacement of the conventional fossil fuels to meet the energy demands. As an interest of saving environment the EU has setup some targets to achieve by 2020. The main aims are to reduce greenhouse gases and to increase the energy production by introducing renewable energy sources.
The aim of this study is to look in to the power generation technologies available today or under process of development and their affordability as alternatives for the fossil fuels.
Despite of the severe consequences associated with the coal, it still accounts almost 40% of the total in production of the electricity and 25 % of other global primary energy productions (Worldcoal, 2010). Use of the natural gas is least adverse in all forms of fossil fuels, but is costlier than coal. Employment of advanced technologies can control the emission of CO2 and discharge of other hazardous materials. In search of the alternates for fossil fuels various options have come to the light. Though few of them have been used for centuries for general applications, but never been used as primary power production sources.
Regardless of less approachable sun in UK, more than 100, 000 small solar heating systems are in operation (EON-UK, 2008). Biomass is another applicable source in EU, but when it is used as an independent power production technology, it eventually becomes costlier option. Wind energy has been the major focus in the EU including the UK, as this part of the world is having plenty of wind resource. EU has invested major funds on wind energy, in 2009, in all renewable resources.