Electric Energy

The last decade there have been many discussions why the world needs to turn to renewable energy technologies for the production of electricity. Investing in renewable technology for electricity production has been recognized to offer a number of advantages, mainly related to diversification from fossil fuels and energy independence, environmental benefits and mitigation of climate change effects, economic growth and job creation.

Hydroelectric energy is as we all understand one of the five forms of Renewable Energy Sources, RES, and as the current facts and figures indicate, Hydroelectric energy is the number one Renewable Energy Source. It is one of the 3 forms of water energy or hydro energy as it is otherwise known. The other two forms are the Tidal Energy and Wave Energy.