2022 Renewable Energy Trends: Part 2
Blake Zimmerman of Houston, Texas shares more thoughts on the renewable energy trends of 2022
Welcome back for more trends in renewable energy throughout 2022!
- Growth in Renewables in Spite of Supply Chain Challenges
Despite the various supply chain constraints that have been identified during the past few years, the growth of the renewable energy industry is expected to continue in 2022. Despite the increasing cost of energy, renewable energy is still cheaper than thermal alternatives. Various factors such as the increasing number of corporate initiatives and the rising number of renewable policies are also expected to drive the growth of the market.
One of the main factors that will drive the renewable energy market in 2022 is the increasing number of corporate power consumers. Due to the rising number of these organizations, the procurement of renewable energy is expected to become more transparent. This will allow project owners and corporations to negotiate directly with each other and provide a more effective alternative to traditional government tenders.
You can keep reading here.