Latest Energy & Renewables Articles
PIF recently spoke to the Institution of Engineering and Technology to discover any new trends and plans for the energy […]
In most process plants energy efficiency is an important factor that must be regulated and monitored properly to save on […]
Heating products manufacturer Stiebel Eltron UK has set the bar for heat recovery with a new industry-leading ventilation system.The LWZ […]
When a major energy provider needed a 21-day turnaround on the repair of two high speed boiler feed pumps they […]
Spanish renewable start-up, Vortex Bladeless, has developed a bladeless turbine – that harnesses spinning whirlpools of air to create patterns […]
Get the latest process industry news
Interested in receiving even more industry-leading news from Process Industry Forum delivered directly to your inbox? Then sign up to our free newsletter. Bringing you the latest news, trends, innovations and opinion from across the process industry, our exclusive newsletter gives you all the industry insights of the moment in one, easy-to-digest bulletin. Stay ahead of the competition with regular process industry news instalments from PIF.
Energy & Renewables
The global renewable energy market is forecast to expand rapidly over the coming years and is expected to account for 40% of global energy consumption growth by 2023, according to the International Energy Agency (IEA). The electricity sector remains the biggest adopter of renewable energy, with solar PV and wind energy production set to continue growing. Bioenergy is the world’s largest source of renewable energy, accounting for 50% of global renewables consumption, which is equivalent to the use of hydro, wind, solar and all other renewables combined. While the industry faces ongoing challenges, such as pockets of weak policy support, the energy industry and renewables in general are set to play a pivotal role in global energy production.
The renewables market is operating within a perfect storm at present. Growing public awareness and appetite for environmentally friendly alternatives to traditional fossil fuels is accelerating uptake. Price and performance parity is now being reached on the grid and at the socket. While new technologies are harnessing the competitive edge of renewable energy. All of which now makes renewable energy a viable, reliable and affordable source of green energy. Process Industry Forum keeps you abreast of all the latest technological innovations, industry news and government legislature affecting the energy and renewables sector. We’ll keep you up to date with all the latest trends, opinions and predictions here on our dedicated energy and renewables news section.