The future of renewable energies

Which is the future of renewable energies, after the health crisis we have experienced?  Are countries contemplating an important bet? How has the sector been affected in recent months? The exceptional situation we have experienced has had consequences in all sectors and renewable energies have also been affected, although their future is more encouraging. Do you want to find out what has affected them and what their future will be? Read on and catch up on what’s coming up in this sector.

Renewable energy in numbers

The installation of renewable energies has been on the rise in recent years. But what is the presence of this energy source worldwide? According to the European Commission, in the last trimester of 2019, 35% of the electric energy produced in Europe was renewable. In China it was 27%, in India 21% and in the United States 18%. These percentages are increasing year by year.

But how has the consumption of this energy affected in the last months? If we focus on Spain, on April 30th we experienced a record in this sector with 69% of the total electricity production. As general numbers, in 2019 in Spain 36.8% of energy was renewable and almost 60% was emission-free. Over these last months, there has also been the largest drop in CO2 emissions in history, one of the main polluting gases that cause climate change.

The future of renewable energies

What will be the evolution of renewable energies from now on? Will countries be able to prioritize them in the current situation? These are some of the changes that are expected for the sector:

  • Renewable energies will be at the heart of the economic recovery. But, how will countries be able to invest in these types of projects despite the crisis? The European Union’s investment fund of 750,000 euros will help the recovery and includes a significant allocation for renewable energy. The actions will allocate 91,000 million euros to subsidize the renovation of buildings, 25,000 to generate renewable energy for the next two years and 10,000 in loans to invest in renewable projects.
  • This energy source will suppose a high job creation. What consequences will this financing have at the work level? With the European Union’s advantages to the sector, new jobs will be created and engineers will be the most sought-after profiles in this sector. In fact, the prediction is to double the number of solar-related jobs by 2021, if we compare the jobs generated in 2016.
  • Growth of the sector. What will be the renewable energies that will experience the greater evolution? Solar energy is likely to become the main energy source by 2050. During these years, solar plants in buildings have not stopped growing and are expected to become one of the most important. But it won’t be the only one. Solar energy, present in more than 90 countries, will also grow exponentially.

 

Después de estos meses, crece la importancia de destinar recursos a las energías renovables y de orientar la producción y el consumo hacia un modelo más sostenible. This is why this type of energy will become the key  to reactivate the economy and the engineers will have a fundamental role in it. Are the companies in the sector prepared for this new stage?