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Cleaner Energy, Smarter Solutions

IT PAYS TO BE GREEN: WHY TO INVEST IN RENEWABLE ENERGY Renewable energy plays a major role in decarbonizing our economy, but there are other drivers for organizations to increase their investment in alternative energy.

“Green Investment” is taking center stage as shareholders pressure companies to shun investment in traditional fossil fuel industries and reduce the company’s environmental impact. $

High energy prices in a number of regions have resulted in shorter pay back periods for renewables. Solar prices have dropped by more than 60% since 2009 and the trend is expected to continue. In a growing number of regions, renewable energy is now considered to be more cost effective than investing in traditional coal generation. The International Energy Agency predicts that the cost of large scale solar will drop by a further 25% by 2025.

In an age where the internet rules the expanding need for data space, organizational energy footprints are on the rise. This has led to energy security concerns for organizations and on a larger scale for countries.

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Renewable energy has a lower emissions profile than traditional energy sources and can help organizations achieve their environmental and emissions targets.

In areas where there is a large dependency on important fuels such as gas, locally produced renewable energy helps to diversify energy supply and hedge against market volatility and security of supply.

There has been a significant fall in the cost of investing in renewable technology in the past five years. The cost of solar alone has dropped by 62% since 2009.

There is additional financial support and a number of options available to companies that finance clean energy.

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