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Renewable energy trends and developments powering a cleaner future

IBM Services

The agency predicts that by 2025, renewable energy will surpass coal to become the world’s top source of electricity. And by 2028, 68 countries will boast renewables as their main source of power. In addition, solar PV is expected to be the dominant source of energy in the production of low-emissions or green hydrogen.

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Renewable energy in action: Examples and use cases for fueling the future

IBM Services

As more countries, companies and individuals seek energy sources beyond fossil fuels, interest in renewable energy continues to rise. In fact, world-wide capacity for energy from solar, wind and other renewable sources increased by 50% in 2023. Biomass is sometimes considered a source of renewable energy. trillion in 2023.

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New Everest Group Study Highlights Egypt’s Prospects as a Global Services Hub

Everest Group

Our deep expertise and tenacious research focused on technology, business processes, and engineering through the lenses of talent, sustainability, and sourcing delivers precise and action-oriented guidance. This drives maximum operational and financial performance and transformative experiences. For more information, visit [link]

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For the planet and people: IBM’s focus on AI ethics in sustainability

IBM Services

According to the European Union’s 2023 Energy Efficiency Directive , Europe’s data center electricity consumption is expected to grow 28% from 2018 to 2030, exemplifying the environmental costs of AI usage. In 2023, 28 data centers globally received 100% of their electricity from renewable sources.

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Sustainability trends: 5 issues to watch in 2024

IBM Services

And businesses across various sectors are setting rigorous sustainability goals, investing in renewable energy sources and developing innovative solutions to reduce their carbon footprint. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

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Navigating COP28: Insights on the Evolving Landscape of Sustainability | Blog

Everest Group

Nothing could underpin the importance more than the fact that the first Global Stocktake (GST) of the implementation of the Paris Agreement will conclude at COP28, the mid-point in the implementation of the 2030 Agenda for Sustainable Development and its SDGs, including Goal 13 (climate action).

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The future of renewable energy

IBM Services

Shifting to these renewable energy sources is key to the fight against climate change. Today, a variety of incentives and subsidies help make it easier for companies to lean on renewable resources as a stable source of power to help alleviate the climate crisis. Common examples include solar power, hydropower and wind power.