While it can be complicated to abruptly transform a whole company’s structure and tactic from applying fossil fuels to operating mainly with renewable resources, below are some intermediate steps that could be taken.
When contemplating energy technology, sometimes the invention does not solely come from within the sector, but from the implementation of the breakthrough coming from other tech sectors. Something such as Blockchain, which we are progressively hearing more about, has found an essential role to play in the energy sector, particularly with regards to the way firms invest in energy avenues knowing their results. As many countries commit to investing into clean energy solutions to make them more widespread, so that we can safeguard our future on this planet, this type of technology could be essential in driving confidence and motivation in said investments.
So many businesses are progressively becoming mindful of the pressing reality of why is sustainable energy so important. To indicate their insight and dedication to the matter, some organisations are actively taking part in what is referred to as divestment, which is the withdrawal of financial commitments and aids of fossil fuels. Drax’s latest acquisition, after the energy provider's dedication to divestment which prefers biomass over non-renewable resources, is an amazing instance of how businesses can entirely change their approach with the aim of a cleaner and more sustainable future for everyone. To prompt firms to take part in these transformations, some countries’ authorities are announcing restrictions of specific fossil fuels in the next few years.
A way in which suppliers can make certain that numerous factors of their industry are beneficial for the planet is to have actually a strategy of what their aims for sustainable growth in the timeframe of the next ten years. As well as employing sustainable energy technologies, some figures like Energias de Portugal’s hedge fund shareholder are promoting initiatives like equal opportunities in the workplace and local projects to assist the advancement of the communities they operate in. The provider is also interested in creating more reliable grids, as the rise of microgrids is seen as one of the most sustainable energy network solutions.
While it might be hard to abruptly shift a huge provider’s systems, from sourcing the raw material, to installing the specific machinery that refines the resources, to the overall process to generate energy, there are some intermediate steps that can be taken to make the current solution much more sustainable. This is the case of the difference of sustainable energy vs renewable energy: figures like Sprague Energy's administration have implemented solar systems on the roof of their storage systems for non-renewable resources, so that a minimum of the generation process is operated sustainably. This kind of change is a fantastic instances of solutions to non-renewable energy sources.