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Energy Business Review | Friday, January 14, 2022
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Sustainability is now turning equally important, and can technology drive it?
FREMONT, CA: The energy industry has continuously witnessed crests of success and troughs of falls. By collaborating with technology solutions & considering them the holy grail for the industry's evolution, energy technologists are developing strategies and protocols that center high tech and intelligent norms.
Making the energy industry smarter and smarter, technology penetrates deep into all the verticals, considerably into the renewable side of it. The trends in both business and the future are changing. Most forward-looking renewable energy players in the modern market are predominantly looking to realize their sustainability goals.
Can technology help the renewable energy firms of today to achieve sustainability? Well, remain to read and find out the answer. The solid wave of innovation in the energy realm is opening new opportunities for the energy workforce to walk towards fidelity.
To add, research experts and many of the tech specialists in the industry are concluding that smart and high-tech solutions for energy production, transmission, distribution, and consumption must be more flexible, effective, and efficient. This would additionally mark the new age of sustainability in energy.
Market research reports announce that renewable energy resources account for about a third of worldwide power generation. This displays that the world is moving towards becoming cleaner and greener by supporting more renewable energy initiatives. If this trend prevails for long, the market can dynamically achieve sustainability, environment-friendly, and other ecologically empowering goals and dreams.
Forecasts show that by 2050, about 38% of carbon emissions will result. In contrast, many industrial and other practices in the world still contribute to a major share of carbon dioxide emissions in the atmosphere. Thus, firms are seeking technology to allow sustainability.
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