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The book explores the critical shift towards renewable energy in response to rising fossil fuel prices, climate change, and sustainability goals. It highlights the increasing role of private and institutional investors in the renewable sector, driven by a projected 48% growth in global energy consumption by 2040, particularly in emerging economies like South Africa. The text emphasizes the necessity for significant investment—reaching USD 900 billion annually by 2030—to effectively integrate renewables into the energy mix and reduce greenhouse gas emissions while addressing supply challenges faced by utilities like Eskom.
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Funding Renewables: Powering Change, Michael
- Language
- Released
- 2024
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- Title
- Funding Renewables: Powering Change
- Subtitle
- DE
- Language
- English
- Authors
- Michael
- Publisher
- tredition
- Publisher
- 2024
- Format
- Paperback
- Pages
- 108
- ISBN13
- 9783384225450
- Category
- Ecology
- Description
- The book explores the critical shift towards renewable energy in response to rising fossil fuel prices, climate change, and sustainability goals. It highlights the increasing role of private and institutional investors in the renewable sector, driven by a projected 48% growth in global energy consumption by 2040, particularly in emerging economies like South Africa. The text emphasizes the necessity for significant investment—reaching USD 900 billion annually by 2030—to effectively integrate renewables into the energy mix and reduce greenhouse gas emissions while addressing supply challenges faced by utilities like Eskom.