How Can I Invest In The Clean Energy And Sustainability Industry? – The Covid-19 pandemic is a stark reminder that we cannot continue to rely on our systems to deliver goods and services to protect us from failure, and we must supplement them. People are scrambling for food, toilet paper and masks as supply chains collapse. Hospitals including the government are struggling to get medical equipment.
This and other recent crises show that we need local resources and other means to ensure that in times of crisis we can cover our basic needs for food, medicine, work – and strength. As policymakers consider other emergency measures, they should include support for energy generation and storage technologies, which in this pandemic and other crises help and contribute to saving lives, creating jobs and revitalizing our economy.
How Can I Invest In The Clean Energy And Sustainability Industry?
“Everything works — and always will — as long as we have power,” Peggy Noonan, a former historian for President Reagan, wrote in the Wall Street Journal. “It’s what keeps the lights on, the oxygen flowing, the information going.” Everything is scratch, scratch, scratch.”
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But when the main network goes down, what can protect the people, businesses and hospitals that depend on it? Distributed energy storage and consumer-facing new generation will create the social welfare and security we need, while at the same time creating jobs and reducing carbon emissions in the air after climate change.
“There is very little human contact, there are a lot of sick people, the hospitals are overcrowded. The last thing anyone wants is to worry about the availability of electricity,” said Shashank Pande of Siemens Digital Grid. to Microgrid Knowledge. “Microgrids are important from a resilience perspective in these situations.
For several years now, the renewables and storage industry has created jobs at a faster rate than any other major industry, including oil and gas. Now, in the midst of the Covid-19 crisis, it is important to restore federal and state support for renewable energy – not the millions of dollars dedicated to fossil fuels each year – to help accelerate the growth of jobs that are so important now. our economic recovery, and the renewal of our energy and energy infrastructure necessary to better protect the public in the short and long term.
Renewable energy was not included in the $2T CARES Act, and nearly $1T in emergency stimulus measures. But the public wants policymakers to include them in subsequent legislation, including the federal aid and infrastructure bill discussed by President Trump and Democrats in Congress. Based on economics and data alone, support for the renewable energy industry should not be subject to divisive arguments, but should be recognized as the primary solution for economic recovery, job creation, energy efficiency and growth coal. The European Union approved a stimulus package that includes $572 billion in support for renewable energy, and Biden, as part of his presidential campaign, recently announced a $2 trillion climate plan. We hope that the current administration will take this type of measure into account and follow up on the second stimulus package that is currently being discussed.
Why Is Renewable Energy Important?
As energy is considered essential during this Covid-19 crisis, we are working hard in the renewable and energy-saving industry to provide clean energy security to homeowners, businesses, hospitals and other essential services in the US and around the world.
Despite predictions that the coronavirus will force companies and governments to limit the use of renewable energy, we and our colleagues continue to see a great need as people become aware in natural or economic disasters that they need renewable energy sources to protect them from failure of the transmission systems.
At SimpliPhi Power, we’ve donated batteries to Chef José Andrés’ World Central Kitchen to help power appliances at pop-up kitchens in partnership with the Red Cross, Los Angeles County and the LA Unified School District to distribute fresh food to families in need.
We are committed to partnering with Sesame Solar to drive the health response and test the Nanogrid pop-up clinic in Michigan. In Brownsville, Texas, we are working with the Footprint Project and the Global Response Organization to strengthen a Covid-19 response clinic for 3,000 refugees.
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Externally, we provide energy storage for 43 microgrids in partnership with EM-ONE Energy Solutions who operate clinics and hospitals across Nigeria, most of which go to coronavirus patients, testing and treatment. In Haiti, where we also run several clinics and hospitals, we are developing a Covid-19 response unit.
As the pandemic continues, and with predictions of a deep recession or an even deeper recession, now is the time for policymakers everywhere to protect and promote the investment and storage needed for job creation, economic growth and poor quality of life.
As our elected officials spend billions to revive the economy, we must also support the renewable energy and storage technologies that keep the lights on, medical equipment working and cars moving, food and goods, and people’s lives and health. We need to analyze the data and funds coming from this electronic sector and stop treating the issue as a political debate between Democrats and Republicans, regardless of what the numbers can – and rightly – inform their economic decisions.
Catherine Von Burg is CEO and President of SimpliPhi Power Inc., a California-based manufacturer of highly secure and efficient energy storage systems that provide primary and secondary power to homes, businesses, hospitals, utilities, charities and communities in over 43 countries.
Years Of 100% Renewable Energy, And Targeting 100% Cfe
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All cookies that may not be necessary for the website to function and that are used specifically to collect the user’s personal data through analytics, advertisements or other content are called non-essential cookies. User consent is required before running these cookies on your website. From 2015 to 2022, the global distribution of clean energy resources has increased from 120 GW per year to 325 GW per year. By 2030, according to our forecast, this figure will reach 540 GW per year. These developments are changing the way energy markets work around the world, stimulating the sector’s supply chains and boosting global carbon reduction efforts. In this short video, S&P Global Commodity Insights measures how fast clean energy investment is expected to grow between now and 2030. On average, we estimate that global capital spending on carbon-free technologies will increase to $700 billion annually over the next seven years – approx. 35% more than consumption by 2022. collected in this video comes from the Global Power and Renewables service and the Clean Energy Technology service, both part of S&P Global Commodity Insights. Etienne Gabel, S&P Global Commodity Insights Director with the Global Power and Renewables team, is an expert in analyzing markets and regulatory trends in the energy sector worldwide. Francesco d’Avack, associate director at S&P Global Commodity Insights, prepares energy and renewables market trends, including energy and production outlooks, and leads international price analysis. Published May 25, 2023 This article was published by S&P Global Commodity Insights and not S&P Global Ratings, a separate operating division of S&P Global.
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