MAINTAINING RENEWABLE ENERGY PROGRESS
RENEWABLE ENERGY SURGE
2016 marked a series of impressive milestones for renewable energy versus conventional fossil-fuels. Certainly, one of the most remarkable was global investment in new renewable energy infrastructure surpassing that spent on new fossil infrastructure 1. This financial backing reinforces how the cost-competitiveness of renewable technologies has improved, making them much more affordable and accessible.
MAINTENANCE IN THE RENEWABLE ENERGY INDUSTRY
MAINTAINING RETURN ON INVESTMENT
Ensuring a continued return on investment is crucial. Especially as funding and support for renewable energy projects begins to outweigh that favouring traditional energy sources. This can be achieved through effective maintenance of renewable assets and management of the issues affecting them.
Whether through immersion in corrosive sea water, contact with high geothermal temperatures or aggressive abrasion imposed by gale force winds, the methods of harnessing greener energy are not without complications. By its very nature, capturing renewable energy involves exposure to the elements. Some of which can wreak havoc on the machinery, equipment and structures used throughout the industry.
The expansion of the renewable energy sector is certainly positive for the planet, however maintaining these “green assets” is a problem that confronts many energy companies.
PACE Student- Advanced Business Management | Marketing Strategy | Communication Specialist | Project Management
7 年Great Article Tom. Thanks for sharing.