Month: May 2023

Clean Energy and Renewables – By Christian Rinomato and Grace

What if we could live in a world powered by clean energy? The members of the Sustainable Housing Foundation will be hosting a webinar to try and answer this question by understanding the application of Renewable Energy in the home building industry. The virtual webinar will be hosted via Zoom on May 17th, 2023 from 10:30am to 12:00pm. Please join us and register at eventbrite via

 

Topics include:

  • The countries setting targets for a  Net Zero world by 2050, more and more capital is directed at new clean energy projects.
  • The increase globally in the use of renewable energy through sources like solar and wind.
  • Impact of the Ukrainian war making the use of renewable energy a cost effective practice in Europe vs oil and gas
  • The Global renewable electricity capacity forecasted to become equivalent to current global fossil fuel and nuclear electricity capacity by 2026

 

Sustainable Housing Foundation Thought Starter – May

 

 

By Christian Rinomato of RGC Energy

 

What if we could live in a world powered by clean energy?

That reality is not too far off. Globally we have seen an incredible increase in the use of renewable energy through sources like solar and wind. As countries set targets for a Net Zero world by 2050, more and more capital is directed at new clean energy projects. Global events have also set us off in this direction such as the war in Ukrainian which increased the cost of oil and gas to unsustainable levels, making the use of renewable energy a cost-effective practice in Europe. In the United States, Biden introduced an Infrastructure Bill that would see spending in the trillions to encourage the transition to renewable energy.

“By 2026, global renewable electricity capacity is forecast to rise more than 60% from 2020 levels to over 4 800 GW – equivalent to the current total global power capacity of fossil fuels and nuclear combined. Renewables are set to account for almost 95% of the increase in global power capacity through 2026, with solar PV alone providing more than half.” – IEA

The transition to renewable energy is going to take all of us to play its role, both in adoption and acceptance. A world with no carbon-emitting energy sources is possible for a cleaner, more prosperous world.

 

Source:

https://www.iea.org/news/renewable-electricity-growth-is-accelerating-faster-than-ever-worldwide-supporting-the-emergence-of-the-new-global-energy-economy