Considering that there are 30.2 million businesses around the United States, you might wonder how many of them are dedicated to renewable energy. As time goes on and climate change becomes worse, you might be feeling obligated to choose energy companies that are smart with the climate.
How are energy companies moving toward renewable energy and how will it help? Read this article on how companies are doing just that and receive peace of mind when you do choose an energy company for business today.
Lower Carbon Emissions
Many large companies in the energy industry with members such as Prabir Purohit, are focused on helping the earth instead of hurting it. Companies such as ExxonMobile have begun disclosing Scope 3 emissions. Currently, they’re focused on their own operations as far as reducing emissions.
Today, many in the energy industry are turning toward solar panels. This will make a larger difference overall. Solar panels will help companies use lower emission profiles of gas and oil.
The Permian for Renewable Energy
When it comes to sustainable energy, the Permian Basin in New Mexico and Texas is a great option. There’s plenty of land that could be used for project development. As this occurs, the economics need to make sense for it, and so far they have.
These companies can use carbon capture efforts in order to reduce their carbon production. It’s one of the best places for solar since there’s plenty of flat land.
Wind and solar projects might be due more to competitiveness than carbon reduction though. If oil and gas companies become more serious about de-carbonization, it could be even more successful.
Solar Energy Projections
As time goes on, solar energy is increasing in companies and residential homes. This is partially due to the decrease in the overall price. Today, solar energy is competitive and solar companies are dropping their prices to compete.
The great part about solar energy is that you can place them on roofs in order to avoid land impact. Projections see many of the homes in the United States having them soon, along with energy companies.
The solar industry is increasing job growth in the area as well. It’s much faster than the overall job growth of the United States.
Keep in mind that energy companies need to improve how many are using solar. Customer acquisition, financing, and permitting can cause a hindrance on this as well.
Exploring Energy Companies and How They Use Renewable Energy
As time goes on, many energy companies are starting to feel pressured to move toward renewable energy. Not only will it be a positive image for them along with savings, but it’ll help the earth as well. Work still needs to be done to increase their efforts though.
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