Despite the clear benefits of renewable energy, progress in transitioning to a low-carbon economy has been slow. One reason is that the two largest energy sectors – heating/cooling and transport – have been slower to switch to renewable energy.
However, the tide is turning. Renewable energy is now the least-cost option in the power sector, and more and more businesses are recognizing the benefits of switching their energy sources. As the cost continues to fall and the benefits become more clear, the transition to a low-carbon economy will gather speed.
Renewable energy continue to break records in 2021
Alternative energy is having a moment and it’s not slowing down. In 2021, installed power capacity grew by more than 314 gigawatts (GW), making it one of the biggest year for renewables growth ever. This momentum is being driven by investment and installations spreading to all corners of the world. Distributed alternative energy systems are providing more households in developing and emerging countries with access to electricity, making it clear that renewable energy is the future.
Local governments are paving the way
Cities are leading the way in the transition to renewable energy sources. By investing in renewable energy, cities are reducing their carbon footprints and setting an example for other municipalities to follow. In addition to reducing emissions, renewable energy is also creating jobs and stimulating local economies. As more cities make the switch to renewable energy, the world is getting closer to achieving a sustainable future.
The world is changing and so is the way we get our energy. More and more cities are sourcing their electricity from renewables and by the end of 2018, at least 100 cities worldwide were reportedly sourcing 70% or more of their electricity from renewables. This is good for the environment and good for the future. We need to make sure that we’re doing our part to protect the planet and its resources.
Reach out to us today to get in on the energy wave.