The future of renewable energy.
The progress in renewable energy in recent years has been impressive, and it looks as if the green revolution has only just begun. With increased awareness of climate change and the need to reduce dependence on fossil fuels, the world has begun to reassess its energy supply. Within the next ten years, charging stations, solar parks, and BESS (Battery Energy Storage Systems) are expected to play a decisive role in transitioning to a sustainable energy future.
Charging posts
Electric cars have become increasingly common, so the need for charging infrastructure has increased dramatically. Consequently, we are now seeing a significant increase in planning for installing charging posts and charging stations. This will make it easier and more convenient for people to own electric vehicles and reduce the dependence on fossil fuels in the transport sector. Charging stations will also play an essential role in enabling the use of renewable energy to power the transport sector.
Solar parks
Solar parks have become a symbol of the green energy revolution. As technology has become more cost-effective and capacity has increased, plans to build solar farms have accelerated. Within the next ten years, thousands of new solar farms are expected to be built worldwide, with a combined capacity of over 1 terawatt (TW), which is equivalent to 1 trillion watts. This increase will revolutionize the energy sector by reducing the need for coal and natural gas for electricity production, thereby reducing greenhouse gas emissions.
BESS (Battery Energy Storage Systems)
BESS have received increased attention as a solution to smooth fluctuations in renewable energy production. In the coming years, a significant increase in the number of BESS units is expected, with a total capacity of several hundred-gigawatt hours (GWh). These systems store excess energy from solar farms and wind turbines and release it when demand is high. This helps make renewable energy more reliable and helps reduce the need for conventional fossil fuel-powered power plants.
The effect on energy consumption
The increased use of charging stations, solar parks, and BESS is expected to reduce the dependence on fossil fuels for energy production radically. This will lead to a significant reduction in greenhouse gas emissions and a more sustainable energy supply. With better utilization of renewable energy sources, energy consumption will become more efficient and less harmful to the climate.
Investment in industries and agriculture
Solar parks and BESS offer a profitable investment for industries, agriculture, and other resource-intensive activities. These plants can produce significant amounts of energy that can be used to run their operations. In addition, businesses and agriculture can save significant money on their energy costs by generating their own electricity and benefiting from the economic benefits of renewable energy.
The cost of building solar parks and BESS systems has decreased significantly in recent years, which means that the return on investment is achieved faster than before. Depending on location and capacity, a solar farm or BESS plant can be expected to pay for itself within 5 to 15 years.
Summary
Renewable energy development is moving in an exciting direction with increasing investments in charging posts, solar parks, and BESS. This change is expected to significantly impact our energy consumption, reduce emissions, and promote sustainability. At the same time, renewable energy is becoming an increasingly attractive investment for companies and industries striving to reduce costs and climate footprint. With the technological development in renewable energy, our journey towards a more sustainable and clean future is accelerated.
Elisabeth Lodin
Press contact
elisabeth.lodin@stopdigging.se
StopDigging is Sweden's largest supplier of cost-effective ground anchoring via ground screws. StopDigging's proprietary ground screws are a modern and cost-effective ground anchor that quickly and sustainably creates a stable ground foundation for large and small construction projects. StopDigging was founded in 2012 and is a pioneer in the construction industry with headquarters in Helsingborg. The company operates globally in the European market, North America, Australia, and New Zealand. The company has over 130 partners, who are authorized installers of StopDigging's ground screw.