Renewable energies provide businesses with an alternative to the traditional fossil fuels that supply energy to the majority of homes and businesses. Alternative energy sources like Biogas lessen the company’s environmental impact by reducing pollution and protecting the fossil fuels that should have been used to power businesses and a money-saving move for businesses in multiple ways.
Biogas is generated when microorganisms degenerate organic material under anaerobic conditions. Biogas consists of methane (50–70%) and carbon dioxide (30–50%) and can be used as such for heat and electricity production or as traffic fuel after purification to biomethane.
ExplainerSave huge amounts in operational costs. FREE ESTIMATE!Biogas helps relatively small-scale production that allows decentralization of the energy sector and the inclusion of many new actors in it. Also, to renewable energy production, farm-scale biogas plants give advantages that continue still nonmarket benefits, such as promoting manure management and use of manure nutrients on farms. Moreover, for society, biogas production offers technology to manage organic waste, allow nutrient recycling, and reduce the greenhouse gas (GHG) emissions (i.e. methane) from organic waste and manure. These advantages make biogas production a technology that can consolidate various environmental benefits across multiple sectors.
How is it beneficial?
Economical
Once the technology is installed, alternative energy sources like Biogas are more economical than traditional fossil fuel energy sources. The decreased cost of utility bills improves the company’s profits allowing money to be allocated to other purposes.
Government Incentives
The government grants financial incentives for companies that switch to alternative energy sources. It is one way for the government to help out companies by tax breaks. The tax breaks can save a company a significant amount of money.
Decreased Energy Bills
One of the most reasonable ways that Biogas energy can save businesses money is by reducing their energy bills. Companies can install Biogas technology, and this source can cover a significant part or even all of their energy needs.
Security from Price Fluctuations
Energy prices fluctuate suddenly or severely. The demand, cost for generating, distributing, and transmitting influence the cost of energy. But if a business owns its generation resources, there is no need to worry about the possible price fluctuations.
Reliability
If you are connected to the grid, chances of experiencing power outages, but outages can cause expensive downtime for businesses. But if a company has its generation sources, it reduces the chances of suffering an outage. Using Biogas technology can make your system even more resilient.
Green Energy Incentives
Installing renewable energy resources demands a substantial upfront investment. Thanks to the incentives, tax rebates, and grants from the government. In this case, businesses can save some money.
Increased Investor Trust and Reputation among Clients
ExplainerSave huge amounts in operational costs. FREE ESTIMATE!Using renewables like Biogas can also indirectly support businesses develop their performance and gain more revenue. Clients frequently want to purchase from environmentally responsible companies. Switching to renewables can promote investor trust, support company estimates and boost a company’s reputation among customers.
Shifting to renewables like Biogas technology can support businesses and significantly decrease their energy bills. Still, how it helps companies save money goes way beyond that as well. The use of clean energy can support businesses in the future by decreasing costs and risk today and in the long term.
Know more about our biogas energy technology , you can use our online biogas calculator to evaluate the potential of your project! Request for an estimate so you will have an estimation of the costs and benefits that your anaerobic digestion project can generate!
Know more about our biogas energy solutions. Evaluate the feasibility of your next biogas project for free with our online biogas calculator. Contact us to request a FREE estimate so you can take the first step to reduce your operational costs!
Sources:
https://www.pnas.org/content/103/30/11206
https://www.vox.com/energy-and-environment/2019/6/18/18681591/renewable-energy-china-solar-pv-jobs
