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In today’s climate fossil fuels are being more and more scrutinized for being inefficient and bad for the environment. Here is a list of 5 new technologies propelling fossil fuels into the future.
Hydroelectricity is produced by moving water. The water then creates energy with its force. Hydropower is one of the few power sources actually making a dent in the U.S. In 2017, 7.5% of the electricity in the U.S. was produced by running through a turbine and spinning it which in turn produces the electricity. Two of the main sources for this are Niagara Falls and Hoover Dam. Lower dams, small rivers, and streams, as well as underwater turbines also produce hydroelectricity. Hydropower makes more of a positive impact on the environment also.
Wind power is another type of renewable energy. Huge turbines capture the power of the wind to produce energy. This technology isn’t able to be used across the country. You obviously need a place with a lot of open space, predominantly in rural areas. Wind power is pollution free and the turbines produce about 7% of the energy for citizens of the United States. However, not everyone has access to a wind farm so it’s not the best option for many.
Digital Oilfield Technology
Digital oilfield technologies allow you to deliver more with less. They help keep operation costs down too. AI and Big Data Analytics have made vast improvements on the oilfields of America. The digital oilfield market is projected to grow to over 30.7 billion by the year 2020. Digital oilfield technology helps your employees move faster and analyze accurately increasing volumes of data from sophisticated engineering technologies. Technologies like measurements while drilling, multilateral completions down-hole separation, and down-hole multiphase sensors. Digital oilfields include tools and the processes surrounding data and information management across all upstream activities. To sum it all up you can capture more data with increased frequency.
Solar energy is one of the most popular kinds of renewable energy. The sun provides us with this energy. Places like California and Florida truly benefit from this type of energy. You can use solar panels to capture the sun’s energy and turn it into electricity to power up our homes and places of work. You can also use solar energy to charge batteries and produce hot water. Solar energy doesn’t release fossil fuels or pollution and it will save you money in most cases. Not to mention the tax breaks you can earn with solar power.
We have a giant energy source right below our feet. The earth contains a huge form of energy. This is due to the fact of heat which was trapped when the planet was formed. This is combined with the heat generated from a radioactive decay deep beneath the earth’s crust. This heat occasionally comes out of the earth in large amounts like a volcanic eruption. A geothermal spring system is the main way geothermal energy is used.