Turning Renewable Energy Into Sustainable Energy

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Renewable energy is a growing component of the world’s energy mix. Increasing and expanding the use of that renewable capacity can decrease our reliance on natural resources and fossil fuels, creating a sustainable energy model. How then can we meet this challenge of turning renewable energy into sustainable energy?

Renewable Energy or Sustainable Energy?

Renewable Energy or Sustainable Energy? Banner Image

The terms “renewable energy” and “sustainable energy” are often interchanged. However, their meanings are actually different. Renewable energy is defined as “[energy] produced using natural resources that are constantly replaced and never run out.” This includes, but is not limited to, solar energy, hydropower, bioenergy, geothermal, ocean energy, and wind energy. Sustainable energy refers to “[energy that] meets the needs of the present generations without compromising the ability of future generations to meet their own needs.”

Making Renewable Energy Accessible in Developing Countries

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According to the International Energy Agency’s World Energy Outlook – 2016 (WEO – 2016), approximately 1.2 billion people worldwide do not have access to electricity. In addition, at least 2.7 billion people around the world continue to depend on conventional biomass for cooking. Roughly 95 percent of the global population without access to electricity and modern cooking fuels reside in Sub-Saharan Africa and in Asia. About 80 percent of them live in rural communities.

Why Companies Are Buying Renewable Energy

Why Companies Are Buying Renewable Energy Banner Image

Corporate organizations are among the biggest buyers of renewable energy. According to PricewaterhouseCoopers’ June 2016 survey, an estimated 72 percent of companies are actively buying renewable energy. The survey also found that around 63 percent of companies “have become more inclined to purchase in the last six months.” Approximately 85 percent of companies that made a previous acquisition planned to increase their renewable energy purchases in the following 18 months.

Environmental Impacts of Renewable Energy Sources

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Over the next 20 years, policymakers, industry and government officials will need to invest US $2.5 trillion for electricity generation. Electricity from renewable energy sources produces between 90-99% less greenhouse gases (GHGs) compared with coal-fired plants and causes 70-90% less pollution.

Why Some States Lag in Solar Energy Adoption

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Recent statistics from the U.S. Energy Information Administration show that total utility-scale solar additions in 2016 will be more than they were from 2013 to 2015 combined — leading some to predict that 2016 will be a record year for solar energy.

100% Renewable Energy in the Age of Climate Change

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Today’s top companies have a common idea, the dream of being “powered by 100% renewable energy.” In the age of climate change, it can make a company more attractive and trustworthy, an ally in the struggle for a better world. In the space of Corporate Social Responsibility (CSR), sustainability and impact, millennials would rather invest in, buy from and work at a company with an exemplary environmental image; a company that addresses climate change responsibly.

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