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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 decarbonising our economy, but there are other drivers
for organisations to increase their investment in alternative energy.
Renewable energy has a
lower emissions profile than
traditional energy sources
and can help organisations
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.
In an age where the internet
rules the expanding need for
data space, organisational
energy footprints are on
the rise. This has led to
energy security concerns for
organisations and on a larger
scale for countries.
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.
“Green Investment” is taking
centre stage as shareholders
pressure companies to shun
investment in traditional
fossil fuel industries and
reduce the company’s
environmental impact.
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