Exploring the top five sources for renewable energy leads to an in depth examination of tidal and wave power, solar technology, wind energy, chemically derived energy and energy storage. While these are touted as the top 5 sources for renewable energy, there has not be significant fiscal backing for them which would encourage and fund the availability for the average household.

Granted, at this point solar energy – at the forefront of the top five sources for renewable energy – is the horse on which private industry and public officials are betting, but overall there is little guarantee it will yield sufficient results on a mass scale. What is more, the technology is still so prohibitively priced that not many homeowners are ready and willing to switch over.

This has led to the discussion that a search for the top five sources for renewable energy should actually focus more on region specific energy sources. For example, desert areas prone to high winds and endless sun will be served well with wind power and solar energy, while coastal regions may greatly profit from the use of tidal and wave power.

Rather than focusing solely on one aspect of renewable energy, this multi faceted approach would permit for the concurrent development of a variety of potentially lucrative and environmentally friendly means of energy generation. Of course, the downside is the cost involved at the onset. This in many ways has caused the majority of funds to be allocated to only one rather than the top five sources for renewable energy.