The generation of power across different platforms is evolving as renewable energies take the place of fossil fuels. The tipping point for fossil fuels is fast approaching, with the use of renewables helping limit the effects of climate change. Several major companies, such as Google, have been investing in solar and wind technologies. Technologies are evolving at a fast rate, with different rates of release for each technology.
Solar and Wind Dominate
The use of solar and wind power generation technologies has been making its way into the sector for decades. The use of turbines and solar panels is the best-known way of limiting fossil fuels across several platforms. The use of renewable energy sources, such as wind and solar, is vital because of global agreements stating 30-percent of the world’s power should come from renewable sources by 2030. To meet these demands, the use of solar and wind will continue to be necessary.
Introducing Power-to-X
The power-to-x energy production sector has not been as well-reported as other renewable energy sectors. Power-to-X is a wide-ranging term used to cover the generation of power from electricity. The industrial sector is one of the biggest polluters on the planet and has been given the task of reducing its emissions. The power-to-x technology is a renewable energy producer capable of producing hydrogen, heat, and electricity.
The Distribution of Energy
Distributed energy production is a new entrant into the renewable energy market. The distributed energy market takes in electricity production from solar panels and wind turbines in homes, small businesses, and factories. The industrial sector has turned to generating its power and distributing unused energy to other sources.
The Storage of Energy
The storage of energy is a tricky part of renewable energy solutions. The generation of power from renewable sources leads to new storage solutions. Renewable energy solutions and storage requirements are needed that improve the environmental impact of the situation.
Electrifying the Energy Sector
The electrification of the energy market is changing the way the renewable energy sector is operating. The electrification of the industry has become an essential part of the drive to limit environmental impacts by 2050.