Post by account_disabled on Mar 6, 2024 3:21:37 GMT
Renewable energies will proliferate
Growth in renewable energy is nothing new. Over the past decade, this once rare and expensive form of power generation has begun to dominate the global conversation, driven by sharp declines in prices and demands for carbon reduction in the energy grid.
Much of this demand has been driven by corporations, which have collectively contracted more than 32 megawatts of wind and solar power through off-site power purchase agreements worldwide, not to mention the many additional megawatts of on-site generation. , fuel cells and other clean technologies.
Solar panel. 3 trends in energy and sustainability for 2020
2019 was a record year for corporate Chile Mobile Number List purchasing, due to many reasons. Take, for example, the U.S. Energy Information Administration's prediction that a total of three-quarters of new utility-scale generation capacity in the U.S. in 2020 would come from renewable sources. The International Energy Agency also expects that global renewable generation can expand by more than 50% in just five years.
The clean technology revolution goes far beyond renewable energy. The metrics on distributed energy resources (DER) are even more astonishing:
The energy storage market in the US alone saw a massive 232% increase between Q1 2018 and Q1 2019 and the Environmental Defense Fund projects the storage market to grow globally by 9X between 2017 and 2022, resulting in $620B in new investments by 2040.
Global growth in microgrids is expected to reach almost 10% by 2025.
Electric vehicles show similar growth, both in fleets and at charging points, predicting a 30% market share by 2030 (if not more).
What it means for business:
It's a good time to examine your energy strategy to determine how, and when, not if, you will add renewable energy to your portfolio.
Rapid market fluctuations, coupled with increasing administrative and data complexity, make it even more important to have a trusted energy and sustainability advisor.
Growth in renewable energy is nothing new. Over the past decade, this once rare and expensive form of power generation has begun to dominate the global conversation, driven by sharp declines in prices and demands for carbon reduction in the energy grid.
Much of this demand has been driven by corporations, which have collectively contracted more than 32 megawatts of wind and solar power through off-site power purchase agreements worldwide, not to mention the many additional megawatts of on-site generation. , fuel cells and other clean technologies.
Solar panel. 3 trends in energy and sustainability for 2020
2019 was a record year for corporate Chile Mobile Number List purchasing, due to many reasons. Take, for example, the U.S. Energy Information Administration's prediction that a total of three-quarters of new utility-scale generation capacity in the U.S. in 2020 would come from renewable sources. The International Energy Agency also expects that global renewable generation can expand by more than 50% in just five years.
The clean technology revolution goes far beyond renewable energy. The metrics on distributed energy resources (DER) are even more astonishing:
The energy storage market in the US alone saw a massive 232% increase between Q1 2018 and Q1 2019 and the Environmental Defense Fund projects the storage market to grow globally by 9X between 2017 and 2022, resulting in $620B in new investments by 2040.
Global growth in microgrids is expected to reach almost 10% by 2025.
Electric vehicles show similar growth, both in fleets and at charging points, predicting a 30% market share by 2030 (if not more).
What it means for business:
It's a good time to examine your energy strategy to determine how, and when, not if, you will add renewable energy to your portfolio.
Rapid market fluctuations, coupled with increasing administrative and data complexity, make it even more important to have a trusted energy and sustainability advisor.