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The marketization of energy commodities is conducive to the environmental protection and the development of energy technology

I have better understanding on the energy and environment and also learn much about the e energy and environment after a semester’s study and research. The environment in which we are living is changing, and energy consumption and environmental pollution are happening at every moment, so we should be responsible for the environment and the people in the future. As the resources and environment of the earth are limited, we will not enjoy them without any harm on resources and environment. Therefore, we should protect the environment and develop much new energy, which is also the main objective of our subject.

As a student in economic major, what I'm considering about is whether

As a student in economic major, what I'm considering is whether I can combine my major with the environmental protection and energy management and present my understanding. Therefore, the subject of my study is that the marketization of energy commodities is conducive to environmental protection and the development of energy technology. As we all know, fossil fuel is a non-renewable energy resource and occupies the large market share before the development of renewable energy, while the solar energy occupies only 0.4% market share (JAMES, 2017). Firstly, people find that the combustion efficiency of fossil fuels is low, however, the cost of the machine is high. It is detrimental to the economic development. Secondly, a lot of harmful gas, which will pollute our environment, will be created when we burn fossil fuels. Therefore, fossil fuel energy has to gradually withdrew from the market, and increasing people understand the importance of renewable energy. Many countries even make a large investment to build plants, such as wind power plant, solar power plant and hydraulic power plant. Why do they have to make a large investment to build such equipment? Actually, they build such equipment for protecting the environment in which we live and developing more hi-tech energy conservation measures.

Firstly, the solar power is not favored by people in the energy market initially. People do not pay much attention to the solar energy until recent years. MIT is one of the best and famous universities in the world, and its scientists has established a research group which found a new method for extracting solar energy. They converted solar energy into thermal energy, and then they convert the thermal energy into solar energy again. Then, the efficiency of the extraction of solar energy is greatly improved (JAMES, 2017). If the method is practically applied, many companies, in the solar market, will adopt it for extracting solar energy. Furthermore, as the cost is low, its price will be cheaper and it will bring more profits to those companies. Secondly, the solar panel is also an important factor. It is widely used now, such as solar water heater and satellite. We can no longer obtain energy through ignition when such extraction method is adopted. The machine is more efficient, and cheaper. Therefore, most of us will choose such energy commodities and give up the energy similar to fossil fuel. After all, new solar energy machines will not create great harm to the environment.

As both of solar energy and wind energy are renewable energy, we compare wind energy with solar energy. Wind energy is also an effective renewable energy. There are many innovations in wind energy technology, such as the control system constituted by fan, the new form of fan shape and arrangement, variable speed constant frequency wind power generation system, the photovoltaic and wind power seamless grid connection with intelligent inverter (Germany), the utilization of upper wind and low velocity wind, the composite materials and new technology of fan blade (including light and flexible blades, pneumatic control device, the innovation of transmission system, new sensor and intelligent control system), anti-typhoon and corrosion technology for offshore wind turbines and the utilization of the peak value of intermittent wind energy (solar energy), which includes hydrogen production through electrolysis and sea water desalinization, for reducing the waste of the wind and the light. However, the cost of wind power plant is extremely high, and the efficiency is worse than solar energy, resulting the low economic efficiency. According to the data that I find, people even are averse to some wind power plant. Firstly, if they are established in the areas with dense population, the noise will interfere the citizens. Secondly, wind power plants are against by many environmental protection scholars. They believe that it affects the survival of birds, as the machines in the wind power plant are tall. It may result in the group death when birds migrate, which many environmental protection scientists and wildlife associations are disgusted. Compared with the development of solar energy, wind energy exactly does not have a smooth development. However, wind power plants are still the main force of renewable energy in the world, and many problems are solved through continuous improvement.

The development of those energy commodities will play the significant role in the improvement of the environment. Initially, we have been burning a large number of fossil fuels and emit much carbon dioxide, resulting great air population and global climate change. Now, if there are alternative renewable resources, nobody will choose the old method. Moreover, as those new energy commodities are cheaper and more efficient, it is a great opportunity for developing countries to improve their economic strength. Once new energy commodities are applied, people will abandon the past development method. Therefore, it cannot only promote the economy, but can also protect the environment. The environmental protection means adopting measures on administration, economy, science and technology, propaganda, education and law to protect and improve the ecological and living environment, to make rational use of natural resources and to prevent pollution and other public hazards, making the environment fit for human survival and development.