Importance of Renewal Energy Gets a Bump Heading Into 2023 According to The International Energy Agency
The International Energy Agency increased their renewable energy forecast for 2023 by 30% as we head into the new year.
According to IEA, “This massive expected increase is 30% higher than the amount of growth that was forecast just a year ago, highlighting how quickly governments have thrown additional policy weight behind renewables”. This increase in growth has been attributed to many factors such as advances in technology, increased budgets and higher social importance being placed energy across the globe.
Michael Davies, Founder of Green Econometrics, gives his insight into exactly how those factors are affecting the increased forecast and what other key changes might be at play.
Michael’s Thoughts on New Forecasts from The International Energy Agency
“The International Energy Agency has increased the forecast by 30% from last year for renewable energies, and this demonstrates the importance of renewable energy in the face of global issues and changing technologies, specifically energy transformation trends such as electric vehicles and energy storage technology.
ESG investing is getting the attention of senior executives focusing on net zero initiatives, improving solar and wind deficiencies, and cost, also energy efficiency in the face of Russia’s invasion of Ukraine and climate change.”
Click here to read further thoughts from Michael Davies on what it will take to tackle the global energy crisis.
Latest
The Stats Say Alcohol Intake is Down, but the Demand for Flavor is Not. Can the Mocktail Movement Meet Consumer’s Alcohol-Free Needs?
The holiday months are filled with indulgent food and drink, spurring the “Dry January” event, which has become a movement many partake in with the dawning of the New Year. In 2021, NIelsonIQ found that 22 percent of U.S. consumers stated they were decreasing their alcohol intake, and non-alcoholic beverage sales were up 19 […]
Healthcare Cyberattacks Grew in 2022
Concerning data from cybersecurity firm Check Point indicates an increase in cyberattacks on healthcare organizations by 74% in 2022 from the previous year. Healthcare is currently the third most attacked global industry (1,463 attacks per week) behind government/military (1,661 attacks per week) and education/research (2,314 attacks per week.) And in the United States, Healthcare […]
Top Trends at CES 2023 from Bosch, John Deere, and More
Top notch technology and top notch attendance secured CES 2023 its gold medal; to put it simply, this year’s CES was a huge success. The world’s largest and most prominent consumer electronics and technology exhibition, CES served its usual role as a testing ground for ground-breaking innovations across multiple verticals. From 5G to Web3, and […]
