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Article:
Here Comes the Sun: Solar Energy Is Becoming More Attractive For Mainstream Consumers by: Kavar Peter The price of a barrel of oil has never been higher ($62.00+ in summer 2005 even before the chaos caused by Katrina). Some say this is a temporary spike, but more and more analysts are agreeing that this kind of pricing is here to stay. World consumption is at an all time high and given the new thirst for oil in China and India it is unlikely to diminish. According to International Energy Outlook, global demand is expected to continue to increase by as much as 59% in the next fifteen years. Already, consumer energy bills have been increasing on average 6.5% per year for the last thirty years in the United States. Given the dramatic rise in the cost of producing energy using traditional non-renewable resources, this rate is bound to be overtaken by unheard of price increases in the very near future. And for consumers who are becoming more and more environmentally conscious, the thought of the millions and millions of tons of CO2 and other bi products being released into the atmosphere annually through the use of fossil fuels in creating energy is very alarming. It is a no brainer that our reliance on oil to create energy leaves us very vulnerable. There are renewable technologies that produce energy, but the problem has been one of cost effectiveness. It has always been cheaper to supply energy using fossil fuels, and consequently, renewable sources such as solar or wind power have not taken off. But the situation now appears to be changing. More and more, our consumption of energy is outstripping supply. The grid can barely keep up with demand and rolling blackouts are no longer just a concept. No wonder governments are looking for alternatives. And no wonder everyone is talking solar once again. In 1985 annual worldwide solar power system installation accounted for 21 megawatts of power. By '2004
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