Showing posts with label expansion. Show all posts
Showing posts with label expansion. Show all posts

Wednesday, July 3, 2019

The Power of Procurement to Reduce Both Emissions and Costs

Leveraging action across supply chains is a critical part of efforts to address the climate crisis.  We are seeing tremendous growth in companies investing in sustainability and these corporations are helping to drive the transition to a low-carbon economy. Reports demonstrate that this is both an indispensable strategy to manage risk and an important part of cost cutting efforts. The financial and environmental benefits include energy and resource efficiency.

According to a 2019 CDP/Carbon Trust global supply chain report, over the last decade some of the world's biggest purchasers have leveraged their buying power and demanded transparency from their suppliers. In the process they have cut carbon emissions by 633 million metric tons and saved an average of almost $20 billion annually.

Wednesday, February 29, 2012

The Implications of the Expiration of US Renewable Energy Subsidies

US Renewable energy subsidies expired in 2011 and this will slow the growth of renewables. There is already evidence that the expiration of the renewable energy cash grant programme under Section 1603 of the US Internal Revenue Code will reduce the volume of new renewable energy projects.

Tuesday, February 28, 2012

US Wind Energy Market Review and Forecasts for 2012

After decreasing by almost 50 percent in 2010 the US wind installations began to show signs of recovery in 2011. Wind farms have proliferated across the United States over the past decade, they now generate 3 percent of the nation's electricity. Wind power has installed 35 percent of all new American electric generation in the last five years. Wind energy is also one of the fastest growing new sources of US manufacturing jobs. American wind power accounts for 75,000 jobs today, and can grow to almost 100,000 jobs four years from now and according to a Bush Administration study, wind can support 500,000 American jobs less than 20 years from now. The U.S. now has over 400 manufacturing facilities in 43 states involved in wind turbine manufacturing. This represents a 12-fold growth in domestic manufacturing over the last six years.

Geothermal Energy Market Review and Forecasts for 2012

Although wind and solar energy steal most of the headlines, geothermal energy is enjoying significant growth. The past five years have seen accelerated geothermal development in countries like New Zealand, Indonesia and the US. But geothermal is also growing in new markets including countries like Australia and Germany. Geothermal is projected to grow at an annual rate of 7 percent.

Monday, February 27, 2012

US Solar Energy Review and 2012 Forecasts

The solar sector will face some intense headwinds in 2012. Despite obstacles, the solar market may add at least 25 GW of new capacity in 2012. In North America the market for photo voltaic solar panels has a projected compounded annual growth rate of 42 percent between 2011 and 2015.

Renewable Energy in 2012: The Global Economic and Environmental Climate

Since 2009, lower fuel and energy prices created some tough uphill conditions for renewable energy. Despite these powerful headwinds renewable energy installations have increased over the last few years.