Predicting the renewable energy landscape for 2021

With the formal exit of the United Kingdom from the European Union, the ongoing introduction to the planet of numerous COVID-19 vaccines, as well as further growth of the EU Green Deal, 2021 has kicked off. One thing has persisted the same during these turbulent times: the desire and appetite for clean energy. We’ve seen a surge in demand for clean energy over the past year as demand for conventional fossil fuel-based electricity, like coal, has fallen. In 2021, we hope to see climate change, among the most important issues of our day, eventually getting the support and commitment it needs.  To provide more insights into next year’s projected energy patterns, economies, and policies, we deliver the projections below for the year 2021.

Coal and natural gas would be more replaced by renewables combined.

As nations take ambitious climate change steps to decarbonize their separate economies by 2050, the path is clear. If we are to reach carbon neutrality by the mid-century, both carbon-neutral well as carbon-negative green energies will have to work together. As the global market for renewable energy rises, 2021 will mark a tipping point for the sector as manufacturers of wind, woody biomass, hydrogen, solar, geothermal, and lithium-ion batteries (among others) make a concerted and organized attempt to solve the global climate crisis.

Following COVID-19, markets will be driven towards a green future.

The COVID-19 epidemic has forever altered how cultures, corporations, and governments view the environment. The oil sector experienced the reverse, as diverse sectors saw a decrease in demand for goods and/or services after the pandemic. Production and delivery of energy remained important because of the pandemic. We have seen an enhanced global focus on lowering greenhouse emissions through the entire pandemic. Looking forward, for years to come, renewables will play a key role in energy production. For this cause, we do not expect a work reduction in renewables in 2021, but a job transition or even a job boom.

This transition would provide a good chance for those already working on fossil fuels to change their talents as the energy market develops towards a renewable energy future. The renewable energy sector is recruiting for many vacancies for those pursuing jobs, and we anticipate this to continue as the market continues to grow.

Europe will prove to be the “poster child” to introduce clean energies, and there will be some legal confusion.

Trying to deliver Europe’s long-term commitment to being the first continent to be climate-neutral by the year 2050 includes a robust collection of immediate action-scaling steps. First, all Member States would need to fully enforce the world-leading standards for the sustainability of biomass laid down by the Renewable Energy Directive II, allowing the biomass to perform its indispensable position in the Green Deal. More generally, if the EU wishes to be prepared for the 55 percent cut in pollution, it would need to revalue everything from clean energy targets as well as carbon prices to the energy conservation and hydrogen.

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