Expert Views On Environmental,
Social And Governance Topics
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This blog combines articles from ADEC ESG Solutions, as well as FirstCarbon Solutions (FCS), an ADEC Innovation.
Reduce Your Company's Carbon Footprint with Green Technologies
Posted by Chet Chaffee on Aug 8, 2013 9:35:00 AM
Green technologies serve green purposes for the long term, especially when they involve clean energy.The most common example for green technology in this category is the solar cell. From its humble beginning when inventor Horace-Benedict de Saussure harnessed the power of the sun to create a solar oven, up to the present day where solar power is harvested by photovoltaic cells and converted into electricity; the idea of using sustainable and renewable energy sources as opposed to burning finite fossil fuels is what drives green technology.
The solar cell is one of the ten green technologies expected to dominate the power and energy landscape in the next decade (See Figure 1). Aside from technologies that generate clean energy, this list also includes mechanisms and facilities which can conserve, store and distribute the energy. With these technologies working together to power industries with clean energy, sustainability can be part of businesses’ foreseeable future.
One of the benefits of utilizing green technologies to power industries is lower carbon emissions. With industries using any of the green technologies shown in figure 1, carbon dioxide emissions within the Asia Pacific region will be reduced and eventually start a downward trend by 2029, as shown in the 2010 Asia/World Energy Outlook data (see Figure 2). This chart shows that it is possible to significantly reduce one’s carbon footprints by simply switching to a more sustainable source of energy. With lower carbon footprints, industries help in the mitigation of global warming.
Clean energy or those derived from sustainable sources are becoming more and more mainstream. But in times of low demand, the excess energy generated should be stored until it is needed. By storing the excess, the electrical load in power grids are equalized.
Energy storage systems (ESS) are proven to be cost-effective. The report entitled “Cost –Effectiveness of Energy Storage in California” ” describes in detail the results of assessments made on ESS using an analytical tool developed by the Electric Power Research Institute (EPRI). Just as EPRI proved the viability of ESS, reports generated by a robust software specifically made to gather environmental data can be used in the decision making process of companies. And when you have the right data, you are able to align your products and services with existing sustainability goals and, therefore, serve your clients well.
Companies should take part in adopting green technologies into their operations. It is one of the ways they can reduce their environmental impacts, carbon footprints and operational costs. Additionally, companies can increase their profit potentials by improving their resource use and streamlining their processes. All of this helps companies build their reputations as environmental stewards, which in turn leads to increased investment by shareholders and increased market share through loyal customers.
FirstCarbon Solutions (FCS) has the expertise, software, and data processing capabilities to manage your energy programs with optimum results. Whether these programs are for your own operations, your customers or your constituents, we have all the tools you need. Click the button below for a free consultation.