article thumbnail

Why is a renewable energy sourcing strategy essential on your path towards net zero?

Capgemini

Based on current trends, the International Renewable Energy Agency (IRENA) estimated that by 2050 only 20 percent of total commercial and industrial electricity demand will be addressed by renewable energy sourcing. Notably, solar and wind power are already cheaper than conventional sources in almost all regions.

article thumbnail

Holistic asset management for utility network companies

IBM Services

Addressing challenges of the energy transition with grid asset management The energy transition is gearing up to full speed as renewable energy sources replace fossil-based systems of energy production. Traditionally, a disconnect at the tactical level has separated these planning and optimization methodologies.

article thumbnail

The EU’s Corporate Sustainability Reporting Directive explained

IBM Services

Longer term, the intended outcomes of CSRD will contribute to Europe’s 2050 climate-neutrality target, and European Green Deal objectives, such as providing a “globally competitive and resilient industry, renovated energy efficient buildings and cleaner energy and cutting-edge clean technological innovation.”