| |OCTOBER - 20236EDITOR'S DESKAmid global concern about climate change and ESG issues, clean and green renewable energy, with its immense potential to ensure environmentally sustainable economic growth, has become the go-to choice for organizations. In response, the global renewable energy market is growing at a CAGR of 8.6 percent, slated to exceed US$ 1,998 billion by 2030. Out of this, Canada takes a leading position, with renewable energy sources currently catering to 18.9 percent of the country's total energy needs.The primary drivers of this growth are increasing awareness of the harmful effects of fossil fuels on the environment, government initiatives to promote clean and green energy adoption, and heightened efforts to reduce carbon emissions by public and private entities. Rising emphasis on sustainability in industrial activities and urbanization drives is another factor expected to drive demand for renewable energy sources. Technological advancements resulting in lowered renewable energy costs and efficient energy storage are also contributing to the market growth.This edition of Energy Business Review shines light on the key developments in the renewable energy space in Canada and how energy organizations are leveraging the latest tech solutions to serve clean energy to their customers in a streamlined and cost-optimized manner. It features thought leadership articles by Ryan Cross, VP of Engineering at Electric Power Systems and Søren Lassen, Head of Offshore Wind Research at Wood Mackenzie. They speak about the need for smart and efficient integration of renewable energy resources with the power grid and the growing opportunities in sustainable offshore wind energy projects.The edition also features Abundant Solar Energy (ASE), a turnkey solutions provider empowering individuals, business leaders, and organizations to achieve net zero carbon emissions. It is dedicated to developing, installing, operating, and managing solar power infrastructure across Canada and the U.S. In this edition featuring the top renewable energy solution providers and service companies in Canada, we hope you find the right partner on your journey toward a greener, energy-efficient future. Let us know your thoughts!A Step toward an Energy-Efficient FutureCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Email:sales@energybusinessreview.comeditor@energybusinessreview.comMarketing@energybusinessreview.com OCTOBER - 2023, Vol 04 - Issue 19 (ISSN 2836-5089) Published by ValleyMedia, Inc. To subscribe to Energy Business ReviewVisit www.energybusinessreview.com VisualizersWill Fort Edwin PaulManaging EditorJade McdonaldEditorial StaffAaron Pierce Ava GarciaDaeg GroverVian IsaacJoshua Parker Kenny PeruzziScott ThomasJade McdonaldManaging Editoreditor@energybusinessreview.comDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOs
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