Our strategy is a response to changing markets. We will build profitable scale in the markets where we’re already present, finding the best opportunities in renewable energy within each country and across technologies.
Green energy is important for the environment as it replaces the negative effects of fossil fuels with more environmentally-friendly alternatives. Derived from natural resources, green energy is also often renewable and clean, meaning that they emit no or few greenhouse gases and are often readily available.
Even when the full life cycle of a green energy source is taken into consideration, they release far less greenhouse gases than fossil fuels, as well as few or low levels of air pollutants. This is not just good for the planet but is also better for the health of people and animals that have to breathe the air.
There are plenty of examples of green energy in use today, from energy production through to thermal heating for buildings, off-highway and transport. Many industries are investigating green solutions and here are a few examples:
1. Heating and Cooling in Buildings. Green energy solutions are being used for buildings ranging from large office blocks to people’s homes. These include solar water heaters, biomass fuelled boilers and direct heat from geothermal, as well as cooling systems powered by renewable sources.
2. Industrial Processes. Renewable heat for industrial processes can be run using biomass or renewable electricity. Hydrogen is now a large provider of renewable energy for the cement, iron, steel and chemical industries.
3. Transport. Sustainable biofuels and renewable electricity are growing in use for transportation across multiple industry sectors. Automotive is an obvious example as electrification advances to replace fossil fuels, but aerospace and construction are other areas that are actively investigating electrification.