Tag: renewableenergy
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War Burned $88.7bn in 17 Days. It Could Have Bought Energy Security
The economic implications of modern warfare, particularly regarding fossil fuels, profoundly affect global pricing and security. The ongoing US, Israel, and Iran conflict exemplifies this, costing approximately $88.7 billion in 17 days. Investing in renewable energy alternatives can substantially reduce dependency on volatile fossil markets, offering a more sustainable and resilient future.
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Why the Strait of Hormuz Proves Renewables Are Strategic
Rising oil prices, driven by geopolitical conflicts, highlight the vulnerabilities of fossil fuel dependence, prompting a shift towards renewable energy. China’s increasing investment in renewables and energy storage is both a strategic response to energy insecurity and a move towards greater self-sufficiency. This transition underscores the economic advantages of renewables, suggesting a more resilient energy…
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Why Long Duration Energy Storage Has Finally Reached Scale
The energy transition now faces a pivotal challenge as renewable energy generation outpaces demand, leading to wasted power during peak production times. Long duration energy storage (LDES) is essential for bridging supply and demand gaps, enabling effective utilisation of renewables. This infrastructure is crucial for achieving net-zero emissions and enhancing energy security and affordability.
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When the Grid Became the Risk: Why Businesses Are Turning to Solar + Storage PPAs
On 29th April last year, a blackout in the Iberian Peninsula highlighted the fragility of the electricity grid, prompting a shift in corporate energy strategies. Businesses globally now prioritise solar and battery storage systems for cost predictability and resilience, moving from viewing electricity as a mere utility to an integral part of operational planning.
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Solar’s Second Sunrise: Why the Next Decade Will Outshine Everything We’ve Seen So Far
Solar energy’s remarkable evolution from costly beginnings to becoming the cheapest power source today, means unprecedented growth and innovation ahead.
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Why Decarbonising Power Is the 21st-Century Economic Upgrade We Can’t Afford to Delay
Renewable energy has overtaken coal in global generation for the first time, highlighting a pivotal shift in power dynamics. Spain’s olive oil crisis exemplifies the economic impacts of climate risks. Accelerating clean energy and storage deployment is essential for resilience, stability, and affordability. Transitioning to renewables is a crucial step for sustainability and energy security.
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1 in 4 New Cars Will Be Electric in 2025 – What This Means for Climate, Oil Demand, and Your Next Vehicle
The 2025 Global EV Outlook from the IEA highlights the significant transition towards electric vehicles (EVs), which are projected to account for 20 million sales globally. This shift is crucial for climate impacts, energy security, and economic viability, as EVs increasingly outperform internal combustion engines (ICE). Delays in adoption could result in higher costs and…
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The Energy Revolution: How AI, EVs & Batteries Are Changing the Game
The energy sector is evolving towards decentralisation, allowing consumers to generate, store, and trade energy. In a recent podcast, Chris Doherty of Joulen highlighted advancements in smart battery systems and AI initiatives. Government incentives, similar to those for electric vehicles, are essential for encouraging consumer participation and facilitating this energy transition.