Climate Risk & Economics
Is natural gas still a financial no-brainer?
For more than a decade, natural gas has been promoted as a “bridge fuel” in the energy transition. But the choice comes with both an economic and environmental compromise.
Renewable Energy
Renewable Energy
Could wind and solar farms coexist with agriculture?
Wind and solar farms are expected to play a crucial role in tripling renewable energy capacity on a global scale by 2030. However, many countries are facing difficulty transitioning to clean energy at present, let alone meeting the net zero target.
Energy Crisis
Energy security concerns lead to more coal production
In 2022, the supply chain disruptions caused by Ukraine’s invasion increased coal production around the world by 8.2%. Over 70% of the coal mining happened in Asia, with China and India leading the production.
Renewable Energy
Germany reaches a record high in the installation of renewable energy
In 2022, Germany announced a series of initiatives to transform the focus of the energy landscape into renewable energy. Their highly ambitious goals included achieving an 80% share of renewable sources in electricity generation by 2030 and 100% by 2035.
Renewable Energy
Green hydrogen companies are assets to the sustainable energy future
Due to the climate crisis, reducing reliance on fossil fuels has become one of the top priorities for many companies. One promising solution is green hydrogen, produced using renewable energy, which holds potential as a versatile fuel and energy source.
Renewable Energy
Renewable energy investments call for stronger commitment to net-zero initiatives
G20 nations, currently with 90% of the world's renewable capacity can triple it by 2030 through swift policy implementation. However, it is crucial as well for other nations, especially those in the developing world, to boost their renewable energy investments to fulfill its growing demand.
Renewable Energy
Maximizing energy efficiency with solar-powered windmills
An energy company, Soleolico, revealed the world's first solar-powered windmill in October of this year. This wind turbine with photovoltaic panels integrated into rotating blades merges the best of both energy sources, ensuring continuous electricity generation.
Renewable Energy
Wind turbine vs solar panel: which is the ultimate winner?
Only one wind turbine is needed to match approximately 48,704 solar panels to generate the same amount of electricity per kilowatt-hour (kWh). But does that mean it is the winner?
Renewable Energy
7 disadvantages of solar energy
The challenge of solar energy is not only the initial installation cost but includes environmental pollution linked to manufacturing, heavy dependence on weather conditions, lower efficiency of cells and limited energy storage capabilities.
Renewable Energy
Solar energy facts: a win-win for businesses and the planet
Energy consumption is currently responsible for over 75% of greenhouse gas (GHG) emissions because non-renewable choices have continued to dominate global energy reservoirs for a long time. Adopting renewables can change this course and also bring down energy costs enormously.
Renewable Energy
Sustainability jobs: 42 million renewable energy jobs by 2050
The International Energy Agency (IEA) estimates significant growth for renewable energy from 2022 to 2027— approximately an 85% increase compared to the previous five years. This massive increase in our energy supply also means new employment opportunities.
Renewable Energy
Disadvantages of renewable energy
Renewable energy is derived from natural resources that can be replenished indefinitely without the risk of depletion and harmful emissions. These sources include solar power, wind, hydropower, biomass, and geothermal.