Energy consumption is responsible for 75 per cent of greenhouse gas emissions, 45 per cent of which originate in fossil-based power generation and are a major contributor to climate change. In response, governments around the world are implementing environmental legislation with the aim of improving energy efficiency and meeting carbon emissions reduction targets in power supply.
Renewable energy is key to achieve carbon reduction targets, but remains more expensive than generation from fossil fuels such as gas and coal. Climate change regulations and environmental legislation also impact energy markets and energy prices differently from country to country, even state to state (in the US). This means there is no ‘one-size-fits-all’ answer: energy leaders around the world are faced with the challenge of finding a balance between green compliance, affordability and reliability of supply.
PA works with energy leaders and heavy users of energy across the supply chain to create growth from green power through technology, investment and regulation.
To find out how PA can help you build carbon emissions reduction targets into energy generation, contact us now.