In the last one or two decades, the modern world has suddenly come to be very conscious of our environmental footprint: below is how energy providers are gradually switching towards solutions that are sustainable.
When considering energy technology, sometimes the technology does not solely come from within the field, but from the inclusion of the breakthrough coming from other tech sectors. Something such as Blockchain, which we are progressively hearing more about, has found a very important role to play in the energy industry, especially with regards to the way corporations invest in energy avenues knowing their outcome. As countless countries decide to invest into clean energy solutions to make them much more widespread, so that we can safeguard our future on this planet, this kind of technology could be important in driving confidence and motivation in said investments.
A way in which service providers can make certain that so many facets of their industry are advantageous for the planet is to have a plan of what their goals for sustainable growth in the timeframe of the following decade. Along with employing sustainable energy technologies, the likes of Energias de Portugal’s hedge fund shareholder are promoting initiatives like equal chances in the workplace and local projects to help the growth of the communities they operate in. The provider is also interested in creating more efficient grids, as the rise of microgrids is seen as among the most sustainable energy network solutions.
While it might be hard to suddenly shift a whole provider’s systems, from sourcing the primary material, to installing the specific machinery that refines the resources, to the whole process to generate energy, there are some intermediate steps that might be taken to make the current alternative much more sustainable. This is the case of the difference of sustainable energy vs renewable energy: figures like Sprague Energy’s administration have implemented photo voltaic systems on the surface of their storage units for non-renewable resources, therefore that at least the generation process is powered sustainably. This kind of adjustment is an exciting examples of solutions to non-renewable energy sources.
Many providers are slowly but surely becoming conscious of the pressing case of why is sustainable energy so important. To show their awareness and dedication to the matter, numerous organisations are taking part in what is called divestment, which is the withdrawal of financial commitments and aids in fossil fuels. Drax’s latest acquisition, after the provider’s dedication to divestment which favours biomass over non-renewable materials, is a fantastic example of how businesses can completely alter their approach with the aim of a cleaner and more sustainable future for everyone. To prompt corporations to take part in these transformations, some countries’ authorities are announcing bans of particular fossil fuels in the next couple of years.