Author: USA Clean Energy

USA Clean Energy Association

What Are the Most Common Energy Scams?


Energy scams that put consumers at risk are an unfortunate reality some may face while exploring the sector, and USACEA goes to great lengths to inform people on the types of scams out there, their impact, and how they can be prevented with due diligence.

USACEA recognizes that, while there are many different ways that scammers will try to harvest confidential information, most scams fall into three distinct categories. Here, USACEA explores the three most common types of energy scams as well as how consumers can prevent falling victim to them.

In-Person Scams

In-person scams involve a scammer visiting your residence uninvited. This type of scam can involve a fake representative offering to repair or replace a utility or sign you up for a new program. Both of these offers are a deception and are pitched in an attempt to scam the homeowner. Utility repair or replacement is a method for thieves to get access to your home where they will have the opportunity to steal valuable items or even pieces of mail that may have confidential information within. Similarly, in-person scams involving sign ups, rewards, new services, etc. are a means for a scammer to access personal information that can be used for fraud.

Luckily, there are many ways that consumers can thwart in-person energy scams. One of the easiest ways is to always ask for ID from anyone who asks to enter your home for any reason. If in doubt, refuse and take the opportunity to confirm the identity of the employee and energy provider. People who ask to see your energy bill or for you to confirm confidential information are likely scammers—your real provider will not need to do this.

Phone Scams


Phone scams are carried out when a scammer calls an individual or business claiming that it is on behalf of your energy provider or local utility company. Typically, they will introduce themselves and follow up with a comment about an overdue payment, recent rate hike, expiring plan, new service, etc., but this is a ruse in an attempt to receive confidential information from the consumer.

Phone scams rely on urgency and intimidation to be successful. They may be pushy in an attempt to get you to pay them directly or provide confidential, personal information without a second thought by threatening to cut off services, report to another authority, or send you to collections. This sense of urgency can actually be the scam’s undoing. Actual representatives from your utility company will not be pushy in their requests, provide business details and will never request personal data over the phone.

Phishing scams can be thwarted by taking the time to verify information that you receive from your caller. You can always say that you will call them back and, instead, call the customer service number provided by your energy company if in doubt!

Email Scams (Phishing)

Phishing scams are carried out when scammers send emails or other emails under the disguise of a trusted energy company to receive access to personal information such as credit card numbers, bank account info, social security number, passwords, etc. Information is often harvested by tricking a consumer into giving their sensitive personal and financial information outright or may include a link within the mail that contains malware designed to harvest information on your device.


Phishing is one of the most popular energy scams because the scammer just needs to send a legitimate looking email from what looks like the email address of the provider, and the deception can be easy to fall for if you do not know what to look out for. One of the best ways to avoid phishing scams is by avoiding clicking on links within unsolicited emails and texts. Trusted utility companies will never contact you for information such as passwords, usernames, or other identifying data, so emails that request this are likely from scammers.

Protecting Yourself Against Common Energy Scams Can Be Easy!


It is a shame that consumers who are living honestly can be swindled out of their hard earned money and sense of security by scammers looking to take advantage, but being diligent is something that we simply must do to protect ourselves against common forms of scams.

USACEA scam research reveals that there are many ways that we can look to prevent falling victim to energy scams as we navigate the solar space. One simple solution is to avoid being rushed into making hasty decisions via calls, emails, or door-to-door interactions. Simple steps to verify information that you receive from potential scammers can make a ruse fall apart very quickly. All trusted utility companies will have a public number that you can call for customer service reasons, and a call can reveal the status of your account, authentic rewards, other information that a scammer may claim to gain access to your personal information.

In short, trusting your gut, remaining skeptical, and taking your time are all virtues when it comes to preventing energy scams. Stay up to speed on what to look out for when it comes to both common and little known scams and you will be well on your way towards making more informed decisions in the solar space and utility sector as a whole!

Global Energy Transition: Positive Contributions of the Solar Industry to Sustainable Development Goals

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Solar energy is one of the best sources of sustainable power. The industry is able to meet 7 of the 17 goals set out by the UN. These include affordable and clean energy, decent work and economic growth, industry, innovation and infrastructure, sustainable cities and communities, responsible consumption and production, climate action, and partnerships for the goals.

USA Clean Energy Association discusses more about how the solar industry contributes to sustainable development goals, below.

Sustainable Development Goals in More Detail

The Sustainable Development Goals (SDGs) were put in place by the member states of the United Nations in 2015. It aims to provide a way in which a combined effort to improve poverty, healthcare, and the climate can help to create sustainable development globally. It comprises 17 goals, each relating to different key issues.

How the Solar Industry Meets These Goals

Affordable and Clean Energy (SDG 7)

One of the most prominent sustainable development goals that solar energy production meets is affordable and clean energy. Thanks to rapid technological advancement in the sector, solar power generation has become much more accessible, and the technology is much more affordable.

The ability of solar panels to be placed in remote areas also means that they can help poorer areas to be able to access a clean energy source where before they may have been off the grid or had to rely heavily upon fossil fuels.

Decent Work and Economic Growth (SDG 8)

The industry has created numerous job opportunities, including in the manufacturing, installation, operation, and maintenance of solar energy systems. This promotes economic growth and contributes to the creation of new roles that are suitable for a fossil fuel-free world.

Industry, Innovation, and Infrastructure (SDG 9)

The development and deployment of solar technologies drive innovation in the energy sector, leading to improved infrastructure for generating and distributing electricity. This enhances energy efficiency and promotes sustainable industrialization.

Sustainable Cities and Communities (SDG 11)

Solar energy supports the development of sustainable cities and communities by providing clean power sources for buildings, street lighting, and transportation. Solar panels can be integrated into urban infrastructure, such as on street lights or installed on new buildings, reducing dependence on centralized power grids.


Responsible Consumption and Production (SDG 12)

Solar energy contributes to responsible consumption and production by promoting clean and sustainable energy sources. It reduces reliance on finite resources, minimizes environmental impacts associated with the extraction and combustion of fossil fuels, and supports the transition to a circular economy.

Climate Action (SDG 13)

The solar industry plays a pivotal role in combating environmental challenges. In stark contrast to the oil and gas sector, notorious for emitting substantial quantities of CO2 and other detrimental greenhouse gases, solar energy emerges as a pristine and sustainable source of power.

Embracing solar energy as an integral component of our path towards sustainability holds the potential to alleviate and even reverse the adverse consequences of our current environmental predicament.

Partnerships for the Goals (SDG 17)

The solar energy industry requires collaboration and partnerships between governments, businesses, civil society organizations, and international entities to be able to ensure that it is able to be adopted and developed successfully. These partnerships also foster knowledge sharing, investment, and policy development.

Solar Energy in Space

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One of the ways that scientists are looking to harness solar energy is to harness it from space. But, why would they want to do this, and how effective will it be?

Currently, USA Clean Energy Association reports that solar energy captured on Earth has one big limitation: nighttime. Solar power can only be captured during daylight hours, and even then, conditions need to be sunny enough for the UV rays to reach the PV panels. By capturing solar energy from space, this problem is removed, which could lead to increased energy production.

The General Principle

The basic idea behind how harnessing solar energy from space will work is that satellites will be equipped with solar panels. These solar panels would then leverage reflectors that concentrate the energy produced, allowing it to then be sent back down to Earth in the form of laser or microwave beams. Receivers on the ground would then convert these beams back into energy to be used in the grid.

Why Harvest Solar Energy from Space

There are some key advantages when it comes to generating solar energy in space.

Consistent Sunlight

Space is not subject to the same day and night schedule that the Earth is, meaning that solar power can be harvested all the time. Not only that but there aren’t any major factors in space that would limit the sunlight, such as rain, seasons, geographical location, or cloud cover, so a consistent level of energy is able to be collected.

More Power

Obtaining solar energy from space also means that more of it can be gathered. This isn’t just because we can harvest it all of the time, but the sun’s rays are much stronger in space, resulting in us being able to capture up to 40 times more solar energy than could be harvested on Earth.

This would assist with the transition away from fossil fuels and be able to rapidly fill the gap much quicker than other renewable sources of energy.

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Reduced Need for Energy Storage

Due to the fact that space-based solar power is an unlimited stream of energy, the need for energy storage would be massively reduced, as the power can be produced on demand quickly and easily.

Limitations of Space-Based Solar Power

The technology required in order to use space-based solar power has been available for quite some time. So, why are we not using it?

The answer comes down primarily to cost. The technology is expensive to produce and operate and so would not be viable for use on a larger scale. The cost is decreasing with private space operations such as SpaceX offering much more affordable access to space than previous options.

Once the issue of cost is eliminated, there is still an elephant in the room regarding the carbon emissions to get solar panels into space. The emissions from launching rockets into space are high, and they are unable to run on clean energy alternatives. That means that just creating space-based solar farms would have a massive environmental impact that may be more costly than the benefits of this project.

Despite this though, many countries and organizations remain optimistic about space-based solar power. It is believed that by 2050, almost all of the global energy will be produced among the stars.

The Future of Solar Energy

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Solar energy is fast becoming one of the major sources of renewable energy. USA Clean Energy Association discusses what the future look like in terms of solar power.

Currently, solar energy in the United States is one of the fastest-growing energy sources, with over 40% of new energy being generated in this way. With the rise of more solar energy farms, improved technology, and more households installing solar panels, this number is likely to quadruple in the next 10 years.

Advances in Technology

The capability of solar energy is likely to increase over the next 30 years thanks to advances in technology in this sector. Focusing on photovoltaics (PV) and further concentrating solar power could result in solar power being responsible for over 45% of the United States’ electricity needs by 2050.

Not only that but as time goes by, the technology used to enhance our production of solar energy is rapidly decreasing in cost, meaning that it is much more accessible and able to be utilized in many more sectors.

More Households with Solar Panels

As this technology becomes more accessible, more and more households are choosing to install solar panels on their roofs, and a lot of new-build properties are incorporating solar power from the get-go.

Although most of the energy produced in the United States is currently from utility companies, this could change as more households decide to take up solar panels. Governments and energy companies around the world are also subsidizing home solar panel installation, removing or reducing the cost for homeowners and making solar power more accessible.

This could lead to more households becoming self-sufficient in terms of their energy needs, reducing household energy bills and reliance on fossil fuels. With more households opting to implement solar panels, these can then be integrated and coordinated with heating and air condition systems, electric vehicle charging, and energy storage.

USA Clean Energy Association

Solar Energy from Space

One of the major limitations currently when it comes to solar power is that it is not a consistent source of energy, especially during lengthy storms and evenings.

Researchers are looking into ways to bypass this by collecting solar power from space using solar reflectors installed on satellites and potentially delivering it down to Earth via a series of antennae.

Not only will this lead to consistent energy generation but could provide more of it. Solar power in space is much stronger than on Earth and could provide up to 40 times as much energy as solar panels based on the ground.

Sunlight as a Liquid Fuel

One of the main stumbling blocks with solar energy is the fact that it cannot be harnessed as a liquid fuel in the same way fossil fuels can. Scientists are currently looking into ways in which they can create liquid solar energy by taking inspiration from plants, which can photosynthesize sunlight into liquid fuel.

This would allow for solar power to be used as gas for cars, and provide another way to store solar energy other than in battery cells, changing the way we use renewable energy sources.

The Rapid Growth of the Solar Industry and its Increasing Affordability

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Want to know where one of the fastest-growing sources of energy comes from?

Just look up.

It’s not just an interest in green energy that has spurred huge growth in the solar industry. Solar energy, the most abundant energy resource on the planet, has ramped up production and costs are lowering as a result.

USA Clean Energy Association explains that while just around 3% of electricity in the U.S. comes from solar power, over 22 million solar panels were added to American homes in 2022. The solar industry’s size jumped an average of 21% every year between 2018 and 2023. The market share is now a whopping $21 billion.

It’s always been more efficient than other traditional energy sources, but now that solar is more affordable and the drive to protect the planet becoming more hastened, the popularity of solar energy may be here to stay.

Solar Growth Spurt

The rise of solar energy is in line with a greater push and interest in renewable electricity worldwide.
This fact, paired with government policies and global climate goals, has made solar power one of the fastest-growing forms of energy since wind power. New installations of renewable technologies are at an all-time high.

All told, the capacity for renewable electricity, in part created by solar power, is expected to grow over 60% by 2026.

Many barriers to renewable energy have been removed, but further acceleration by governments means renewables will just keep growing. Easier grid integration and permitting, as well as higher tax breaks for solar energy use, will only make the industry go faster.

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What’s Cost Got to Do with It

News related to the solar industry’s affordability is positive. In the past 10 years, prices for residential installation have fallen 64%.

That’s a big drop, but still not enough to lead to a fuller integration of the energy alternative. A standard but complete solar system still runs around $20,000.

Part of the affordability solution involves creating more jobs related to the solar industry. There has been significant growth there, too. Around 4.3 million jobs were linked to the solar industry in 2021.

More manufacturing generally leads to lower initial costs to companies behind the work — and that means eventually lower costs to consumers.

The U.S. Department of Energy promoted the SunShot initiative in 2011 as a way to make solar energy a more viable option compared to other common sources of electricity.

The permitting process has been refined by the federal government’s Solar Technologies Office, which also invested millions in the effort to improve systems of manufacture and solar technology as well.

There are also a larger number of affordable financing options tied to solar power, helping consumers feel better about installing solar panels and making it easier to take out loans for assistance.

Many states now offer solar power-specific loans as well. Property-assessed clean energy (PACE) loans let owners repay a loan that can be repaid as an additional line item during tax season. That makes the transition to solar an even easier pill to swallow.

Solar Energy’s Positive Impact on Job Creation and Economic Growth

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It’s a major turning point, one that may set the tone for clean energy use for decades to come.

In late March 2023, for the first time ever, USA Clean Energy Association reports that new energy technology investment hit more than $1 trillion over one year. That means the same amount of money is being invested into solar energy, wind energy, and electric vehicles as investments in old-school fossil fuels.

It may not be enough of a change to call using clean energy the new normal, but it means a path is there. That’s especially important since many experts expect the fossil fuel supply — including oil, coal, and natural gas — will be depleted sometime this century.

Much of the sharp rise in investment can be attributed to the popular and widening availability of electric vehicles, but 2022 was a banner year for solar energy as well. About 700 terawatt hours of solar and wind power were generated around the world that year.

Many countries are on board. In India, the use of wind and solar energy increased by 17% between 2021 and 2022. China aims to use 33% more renewable energy by 2025.

Being green is great, but it’s not the only benefit of turning to renewables like solar energy.

Solar Energy and Job Creation

In general, renewable technologies are less expensive than traditional energy sources, but they also create more jobs and are poised to do so in the future.

After President Joe Biden signed the Inflation Reduction Act, it took just six months to see companies committing to, at the low end, $64 billion in brand-new investments within over 100 clean energy projects.

Those projects are expected to create over 50,000 jobs, according to reports tracking job opportunities tied to clean energy investments. Five months after the bill was signed into law, clean energy projects created 9,500 jobs in 15 states just in the month of February.

From Texas to Tennessee and Virginia, massive solar operations are being built to create clean electricity. In 2021 alone, the solar energy sector included 4.3 million jobs.

It’s just the latest in an upward trend in job creation tied to the solar industry. There was a nearly 25% growth seen in the solar industry between fall 2015 and fall 2016, equating to about 51,000 new jobs.

While the economy was relatively slow, solar energy grew 20% faster annually over three years. Over the past 13 years, employment in the solar energy industry grew 178%.

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Many Jobs Under the Sun

Part of the power solar energy has within job creation is the variety of jobs that come from serious investments. Individuals save hundreds in utility bills each month by installing solar panels and some companies even let people sell their panels’ excess energy.

The number of installation technicians has risen significantly, but there are more jobs where that came from. Solar energy requires maintenance and manufacturers. Year after year, the industry is being seen as a steadfast engine for creating new jobs.

Consider this: In 2021, almost every single state saw a staggering increase related to the solar energy industry. In 47 states, interest in the energy source grew for consumers, utility companies, and businesses. California alone already has over 60,000 jobs tied to solar energy.

As the world moves towards a greener future, investing in the solar industry not only creates jobs but also helps to reduce carbon emissions and combat climate change. The industry is constantly expanding, rapidly creating new employment opportunities around the world, creating a sustainable future for all.

Renewable Energy Might Be Britain’s Ticket to Economic Recovery

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As the dreaded year of 2020 began, the United Kingdom relied on renewable energy with an all-new vigor. For the first time, the power created by clean energy projects eclipsed fossil fuels in the region, ensuring almost 50% of Britain’s lights were kept on with renewable sources. And analysts are saying that it could be their ticket to economic recovery.

According to USA Clean Energy Association, economists and environmentalists, businesses that were harnessing energy from the wind, sea, and sun were skyrocketing the UK’s economy by enticing billions in investments and producing thousands of jobs in the sector.

The Clean Energy Sector Has Proved This in The Past

Following the 2009 financial crisis, the United Kingdom’s clean energy sector proved what a benefit it could be to the economy. The Confederation of British Industry (CBI) figured out that the green field contributed to one-third of Britain’s economic growth between 2010 and 2011.

The region’s typical economic engines (i.e., financial services firms and banks) kept floundering, leaving the GDP growth stuck below 1%. But the economic value of the solar industry was boosted by 7%, and offshore wind contributions climbed by nearly 17%.

As per the CBI report, there shouldn’t be a choice between going green or heading for growth. After all, green businesses were already on the path to becoming a massive pillar of the UK’s growth.

A member of Renewable UK remarked that after the last financial crisis, Britain’s green economy was a substantial contributor to new fiscal expansion. It supported tens of thousands of jobs and found brand-new export markets across the globe.

He stated that the industry will again play a proactive part in rebuilding the economy as the area continues rebuilding after the coronavirus pandemic. Bennett believes going green is the best chance the UK has of a forward-thinking, productivity-enhancing recovery.

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Investment Opportunities Within Britain’s Green Sector are Rampant

Much of the risk associated with renewable energy investments has disappeared, thanks to the ever-decreasing technology costs (mainly solar) and the UK’s commitment to a carbon-neutral economy by 2050. Not to mention the financial support offered by the government for those who invest in renewable sources.

The viability of green investments has been further bolstered by the murky waters of other investment opportunities — fossil fuels have fallen from many investors’ preferences.

Many economists believe the renewable energy industry’s financial support and the public policy encouraging the infrastructure could produce an employment and economic tailwind set to spur Britain’s recovery and battle the climate crisis.

The COVID-19 pandemic exacerbated the need to ensure the economy is resilient and sustainable in the long run, which means going green.

So Many Gains to Be Had Around the World

Worldwide, renewable energy could ensure a major recovery from the pandemic by boosting global GDP gains by $100 trillion dollars from 2020 to 2050 compared to leaving things as they stand.

Keith Anderson, the CEO of Scottish Power, adds that the environmental and economic advantages of green recovery investments are aligned. There’s never been a better time for investors to enter Britain’s ever-growing renewable energy sector to spur the region’s expansion.

The Advantages of Solar Power and Why It Is Growing in Popularity

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Solar power is one of the best ways to make a business or home “greener.” It has several benefits that attract large businesses and private citizens. Decades ago, it was only available to the wealthiest individuals. Now its price has decreased, and the technology has improved. The average home or business can most likely afford solar power.

But those are not the only reasons solar power has experienced a boom. USA Clean Energy Association dives deeper into six of the advantages offered by solar technology and why it is worth considering.

Declining Price

One of the biggest reasons solar energy has become more popular is that it is cheaper than other
power sources. Until recently, solar panels could only be bought by NASA and particularly wealthy individuals. Today, any household can get solar panels – and often it’s less expensive than their current electricity bill!

The price of solar power has been decreasing since the 70s. Dr. Elliot Berman made the first big breakthrough in 1973. The cost decreased from $100 a watt to $20 a watt. Since then, solar cells have been used to power navigation lights, railroad crossings, lighthouses, and more.

Increased Efficiency

Along with the decrease in cost, solar power has gotten more efficient over time. Interestingly, corporate greed encouraged companies to develop more efficient solar cells. It was in their best interests to keep production costs low while having high energy output.

Environmental Friendliness

“Doomers” aside, everyone is aware of the impact humans have on the environment. Fossil fuels such as oil and gasoline release vapors such as CO2 into the air. CO2 and methane damage the ozone layer, letting in harmful ultraviolet light.

Fossil fuel is also a common source of international conflict. Switching to solar power not only benefits the Earth but also saves human lives.

Increased Autonomy 

Some people who invest in solar panels fantasize about being “off the grid” – that is, completely unbeholden to their region’s utility companies. Such companies frequently have monopolies and do not have their customers’ best interests at heart. If a homeowner gets solar panels, they can reduce their need for such services.

This disconnect also makes solar panels ideal for rural residences. And even if a home or business does not move entirely off the grid, getting solar panels can fuel a backup battery.

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A Wise Investment 

Similar to the desire for autonomy, people who wish to save money are now looking to cut their energy bills via solar panels. Even though the investment may take a while to pay for themselves, they will in the long run. Solar panels can also increase the value of a property, making them excellent investments!

Low Maintenance 

Finally, solar panels are the easiest source of alternative power to maintain. Windmills, hydroelectricity, and other methods of alternative power all have moving parts or other risks. Solar panels only require cleaning and removal of tree branches to keep them working. Even dirty solar panels can make electricity.

Final Thoughts

Solar energy has so many advantages that its increased popularity feels like it was inevitable. It has been getting cheaper and more efficient over time. Solar panels are currently enjoying their time in the sun. Things are likely to get better from here!

The Inflation Reduction Act and Its Clean Energy Impact

The Inflation Reduction Act, signed into law on August 16, 2022, is anticipated to reshape the US energy industry, making fossil fuel alternatives more accessible to people. The legislation affects a lot — from health care access to drug pricing to deficit reduction. However, USA Clean Energy Association explains that its primary focus is climate change and the energy industry.

The bill’s main goal is to hustle the United States of America onto the path to decrease greenhouse gasses by 40% below 2005 levels by 2030. Currently, the country is forecasted to reach a 25% reduction, so the Act is accelerating expectations, becoming planet friendlier sooner.

The Inflation Reduction Act Provisions

One of the key drivers to going green is the nation’s capacity to construct renewable technology, such as solar panels and electric vehicles. And the recent bill makes this possible.

Simultaneously, decision-makers will ensure consumer-oriented provisions become more affordable for those with lower or middle incomes, allowing them to access electric-powered cars, heat pumps, and more.

The Act’s Provisions and Their Impacts on The Clean Energy Industry

Before the bill came into law, tax credits for the wind and solar energy were limited to one to three years. However, the Inflation Reduction Act locks them in for the next ten years. Policymakers believe this will spur new economic developments and jobs within sectors that rely on clean energy moving forward.

On top of that, the Act is set to provide tools for the domestic mining of resources required to make offshore wind developments, solar panels, and batteries. After all, offshore facilities can’t be developed without the huge ships needed to build them.

In addition, the bill sets aside masses of funding for bolstering the nationwide production of clean energy, including a $60 billion fund to support the onshore manufacturing of clean energy. Ideally, that will ease inflation and diminish the chance of future price shocks by limiting the costs related to non-fossil fuel options.

Extra funding provided by the Inflation Reduction Act to positively impact the clean energy industry includes the following:

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  • $20 billion in loans to fashion new manufacturing establishments for electric and renewable vehicles
  • $500 million for the Defense Production Act, accelerating the creation of heat pumps and more efficient critical mineral processes
  • Production tax credits for the nation’s manufacturers, ensuring they speed up the production of wind turbines, solar panels, and batteries
  • Grants of $2 billion to facilitate automakers’ transitions to clean vehicle production
  • $10 billion investment tax credits for brand-new manufacturing units making clean technology

Historically, the United States of America has been one of the world’s biggest greenhouse gas emitters. However, it’s also poised to be one of the greatest leaders in effective climate change fighting.

Experts state that the recently signed bill gives the country a chance to demonstrate real-time technologies that can be utilized throughout the nation and overseas. Ultimately, the Act provisions large-scale climate action, helping the US reach its goal of 40% below 2005’s greenhouse gas levels by 2030.

Clean Energy is Now Trending Cheaper than Oil and Gas

The renewable energy sector is on a mission to revolutionize traditional energy-related thinking patterns. Among various studies, hydrogen, solar, and other clean energy sources are on path to transform oil supply necessities, noting that such solutions are trending cheaper than oil and gas.

USA Clean Energy Association provides solar energy service, sales, and installations throughout the United States. As an industry leader, USA Clean Energy Association takes a look at what’s happening around the world within renewable energy, providing insights on the transformations, technology, and industry advancements to current and future solar/green energy customers.

What’s New in Clean Energy Worldwide

Renewable energy companies around the world are always looking for ways to develop new technology, improve their carbon footprint, and lower costs for customers. Below, a cost-competitive molecule, utilized by combining hydrogen and solar is discussed.

Hydrogen and Solar can Create a Cost-Competitive Molecule

With hydrogen, solar energy can be transformed into a molecule that behaves like oil, coal, or gas. It can be transported, stored, and used when needed.

And while the general population may still believe that such energy sources are expensive, that isn’t the reality anymore. Nowadays, the molecule is wonderfully cost-competitive especially in today’s market.

Thanks to advanced technology and the ever-dropping price of solar, renewable energy is trending cheaper than its fossil fuel counterparts.

The Scalability of Clean Energy in Europe

German based company Tree Energy Solutions is currently constructing Europe’s biggest LNG terminal in Germany, which will import regular liquefied natural gas. But beginning in 2026, the terminal will start importing ENG or electric natural gas (i.e., natural gas made with hydrogen).

Due to the difficulty of transporting hydrogen from the deserts of Texas or similar places, the European company has incorporated an extra step process.

Converting hydrogen into methane by combining it with carbon dioxide, this process creates an entirely renewable molecule that can be utilized wherever and whenever it’s required.

The business’ CEO said that the cost of the above operation will continue to decrease as the technology evolves. He went on to mention that the electrolyzers (required to craft the hydrogen) are also becoming less expensive, accelerating the price drop of clean energy solutions throughout Europe.

As more energy companies are becoming aware of such technology, they’re realizing that it’s not only cheaper but easier than drilling for fossil fuels.

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The Future Energy Mix

Historically, there are polarizing views on the world’s future energy mix — the oil companies said it would all be oil-fueled, and electricity companies said it would be all-electric.

However, a consensus has finally been obtained. According to industry experts, the globe’s energy mix in the future will look something more like this:

  • 50% will be electrons (i.e., direct electricity for things like heating, cars, industries, and more)
  • 25% green molecules made by hydrogen
  • 25% green molecules made by biofuels

Dominating one-quarter of the market, hydrogen is set to take up the same percentage as oil today.

This energy mix is expected to come to fruition by 2050. But industry participants are working tirelessly to bring the date forward, scaling the industry far quicker than anticipated.

The Bottom Line: Clean Energy is Set to Remain Cheaper Than Oil and Gas

Due to the ever-lowering price of solar technology and the push for cleaner resources worldwide, green energy is expected to stay less expensive than oil and gas going forward.