Importance and Use of Power and Energy Resources

The Use and Importance of Power Resources

Power and energy resources are important in two ways. First, it is through the energy and power they produce and secondly, due to their own economic value.

1. The power and energy resources used in industrial development activities.
2. It used to run agricultural machinery such as tractors and harvesters such as petroleum.
3. Petroleum used by machines in agriculture increases agricultural production.
4. Environmental conservation: The use of solar, wind, biogas and energy helps to conserve the environment.
5. Improvement of Transportation sector because of the use of motor vehicles, ships, aircrafts, etc., all of which are powered by petroleum products.
6. Used in Mining: Most forms and kinds of machinery that are used in mineral prospection, extraction, and processing use power and energy generated from fossil fuel. Therefore, the fuel energy helps in the development of the mining industry.
7. Social services and amenities: Most social services and amenities are facilitated by energy and power. For example, sports, games, schools, healthcare, and homes depend on power and energy in different ways.

The Economic and Social Importance of Energy and Power Sources

1. Source of employment
2. Source of foreign exchange
3. Source of government revenue
4. Improvement of transport and communication infrastructure
5. Promotion of trade and other industries