Wind energy is now the cheapest form of new generation in many parts of the country making it a good investment for many reasons.
The biggest change impacting energy infrastructure around the world is the growth of renewable energy resources, including distributed sources such as solar photovoltaics. At the transmission level, the result of this expansion will mean that electrical grids will take on an increasingly important role in balancing power flows across broader regions, with faster and more dynamic power exchanges taking place during fast solar transition times such as sunrises and sunsets.
Activity in support of corporate procurement of renewable energy has been particularly strong in the United States over the last few years.
Not only is transitioning to 100% renewable energy possible, but the benefits far outweigh the costs and obstacles.
Instead of thinking in old world terms like Operational and Business support applications and systems, the era of Digital Support Systems powered by Smart Data has arrived. Achieving profitable transformation and commercial success depends on providing the right answers.
Asia tops the list for the continent that would need to designate the largest space to power its biggest cities by solar. Cities in Asia place in at seven different spaces in the top 10, where the largest amount of space is required.
Looking at current market demand for renewable electricity documented with Guarantees of Origin in Europe 2017, customer demand is showing impressive signs, with Q2 numbers surging well above comparable figures for 2016, growing a staggering 39%.
As we transition into a greener economy increasingly fueled by hydrogen, fuel cell solutions for backup and power-on-demand are overcoming the significant weaknesses of other clean technologies such as solar and wind.
Not only does this technology represent an opportunity to hugely reduce our greenhouse gas emissions, but it could also be used to achieve an enormous amount of social good too.
The drivers of growth are threefold: price parity with traditional energy sources, a greener footprint, and a government push towards cleaner energy.
In sustainability terms, RMI estimates that electrification and deployment of renewables in the mining industry could reduce up to a gigaton of carbon emissions from the sector.
Solar Energy Index Outperforms S&P in Q2 2017
Industrial biotechnology has diversified and demonstrated the ability to impact more than just biofuels and bioplastics. The industry is producing renewable chemicals as direct replacements for petrochemicals in food, cosmetics, and personal care. The result is sustainable consumer products with new attributes and qualities that people use on a daily basis.
Looking forward, energy efficiency employers project the highest growth rate over the next 12 months (about 9 percent) while the [fossil] fuels sector reported it expects a decline in employment of about 3 percent over the same time period.
In March, renewables provided 21.6 percent of the nation's net electricity generation compared to nuclear's 20.34 percent. In April, that lead jumped to 22.98 percent compared to 19.19 percent from nuclear.
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