The environmental risks are increasing. A move to renewable resources can blow a new lease of life into environmental safety efforts and plans.
International Renewable Energy Agency (IRENA) states that commercial customers account for two-thirds of the world's total electricity consumption. Therefore, companies must lead in shifting from non-renewable to renewable resources.
Unfortunately, environmental issues have escalated significantly in the recent past due to inaction and over-exploitation of resources. Therefore, a conscious change toward greener practices is vital for sustainability. Fortunately, enterprises seem to realize their duties, and many are taking steps toward adopting solar and wind power.
Excluding anchoring the dwindling non-renewable resources, renewable resources can reduce the carbon footprint, thereby minimizing the effects of global warming. If they shift to solar and wind, commercial users will not just benefit the earth but also be able to become more cost-effective.
The costs of renewable resources and technologies to leverage them are sliding down yearly. When the corporate world controls driving changes, the entire movement towards a safer planet gets a big push.
Though numerous companies are shifting towards renewable energy, several other companies are still the shift. A few obstacles have to be addressed before a company can make way for complete dependence on renewable energy. One such interest is the storage of electricity produced from solar and wind.
This energy source cannot be restrained, making a case for batteries with huge capacities that can provide sufficient backup. Such batteries are still in the experimental phase, but one can expect them to be available shortly.
Apart from storage concerns, regulatory and political obstacles are plenty. For a company to possess a renewable electricity project, it must rely on the government for permissions and bend policies based on the regulatory authorities. This slows down a lot of ambitious and helpful ideas about renewable energy usage. On the other hand, governments should encourage enterprises to invest in renewable energy.
Climate summits and environmental consciousness are only the primary steps. Integrating renewable resources by alleviating the hurdles can save the world from a climate catastrophe.
