Energy Archives - Green Businesses

Harvesting Earth’s Heat: Geothermal Energy Production Worldwide

Geothermal energy, often referred to as Earth's hidden treasure, is gaining momentum as a sustainable source of power across the globe. Harnessing the natural heat stored beneath the Earth's surface, geothermal energy offers a clean and renewable alternative to traditional fossil fuels. In this article, we'll explore the state of geothermal energy production worldwide, highlight countries excelling in this field, and compare geothermal energy to other forms of energy production. Additionally, we'll examine the role of governments and private enterprises in advancing this promising renewable energy source. Understanding Geothermal Energy Production Geothermal energy production is rooted in the Earth's internal heat. It is generated by tapping into the natural thermal energy stored within the Earth's crust. This heat is derived from the decay of radioactive isotopes and the original heat of formation from when the Earth was created. Geothermal energy can be harnessed th…

The Current State of Green Businesses in 2023: A Sustainable Revolution

In 2023, the state of green businesses is evolving at an unprecedented pace. The world is witnessing a sustainable revolution, where eco-conscious practices and environmentally responsible initiatives are no longer a fringe movement but a mainstream, influential force. Green businesses are at the forefront of this movement, leading the charge towards a more sustainable and environmentally friendly global economy. In this blog post, we'll delve into the current state of green businesses in 2023, exploring key trends, challenges, and opportunities that define this exciting era. The Rise of Sustainability as a Core Business Strategy In recent years, sustainability has transcended its traditional role as a peripheral concern for businesses. Today, it's a fundamental part of business strategy. Companies across industries have recognized that incorporating sustainable practices into their operations is not only an ethical imperative but also a competitive advantage. Green bu…

The Current State of Wind Power in Europe

Wind power has become a major source of renewable energy in Europe in recent years. With increasing concerns over climate change and the need for cleaner, more sustainable energy sources, wind power has seen tremendous growth in Europe. In this research topic, the current state of wind power in Europe will be explored in detail. Firstly, the current installed capacity of wind power in Europe will be discussed. According to the European Wind Energy Association, as of 2020, the total installed capacity of wind power in Europe was approximately 235 GW. This represents a significant increase from just a few years earlier, and demonstrates the rapid growth of wind power in the region. Another important factor to consider is the contribution of wind power to the overall energy mix in Europe. Currently, wind power accounts for approximately 10% of the total electricity generated in Europe. This is a significant increase from just a few years ago, and demonstrates the growing imp…

Will the Green Growth Strategy Lead to Promising Business Opportunities? Exploring the Future Five Years from Now

The COVID-19 pandemic has brought about great changes in our society and business environment. To grasp the nature of the social transformation arising from this ongoing event, since May 2020 Nikkei BP has been conducting a series of surveys of Japanese businesspeople (more than 11,000 in total). The results unveil major alterations in their mindsets. Following the Japanese government's declaration on realizing "Carbon Neutrality by 2050" in October 2020, the Ministry of Economy, Trade and Industry (METI) took the lead in formulating the "Green Growth Strategy through Achieving Carbon Neutrality in 2050," which was unveiled in December of the same year. The Ministry positions this strategy as "an industrial policy to lead the challenging goal of achieving carbon neutrality by 2050, a vision that is upheld by the Suga administration and aims toward a positive cycle of economic growth and the environmental protection." The strategy emphasizes 14 sectors as priority fields (Fig…

A Climate Awakening

This year has been the hottest year on record and this has been a trend for the past 3 consecutive years. Fire season has moved from summer to February in many wildfire hotspot locations. For 3 days last week, I was trained by Al Gore on the current state of the climate and how to become a leader in the topic – a Climate Reality Leader. 972 people being in Denver, CO wanting to learn, network, connect, motivate and take action had me certain that the most successful people would see the possibility of tackling this pertinent issue head on. With 97% of scientists aware that the climate is changing due to human causes, climate change is no longer a liberal or conservative issue. Al Gore calls it the Sustainability Revolution. Like the Industrial Revolution and the Digital Revolution, sustainability is finding its way into every industry and its making business more efficient and cost-effective, and with it comes a better quality of life. Yet deniers still wave their hands …

Renewable Energy Developers Wanted to Spread the Green

by Ken Silverstein for Forbes

Smaller enterprises want energy developers to spread the green, allowing them to get in on the renewable wave rolling through America. The dynamic has made it easier for larger corporations with more demand to buy wind and solar electricity but it has nudged out the less brawnier brands.

The guys at Google and Facebook, for example, are stimulating the need for wind and solar energy that they are using to feed their electricity-starved data centers. The developers of those energy projects, in return, are getting solid customers that are buying their output at a fixed price over a certain period of years.

But individual commercial and industrial customers aren’t generating the type of demand that can propel big energy projects into the market. Now, though, that may change. The same so-called power purchase agreements that are used to attract the likes of Microsoft, Intel and SA…