- The current Texas heatwave and the demand on the power grid have reached record numbers, driving more consideration for renewable energy sources like wind and solar power
- Correlate Infrastructure Partners Inc. offers a complete suite of clean energy assessment solutions for commercial real estate to find the appropriate avenue for incorporating more energy-efficient capabilities
- The global renewable energy market, valued at $881.7 billion in 2020, is driven by the need to reduce carbon emissions and other greenhouse gasses
As unusually high temperatures sweep across the Southwestern U.S., especially Texas, new records for electricity demands are being reached. Texas grid operator ERCOT projects have recorded several peak days since the heatwave began in Texas, many of which surpass 75 gigawatts and have smashed records established in 2019. Thankfully, the state’s electric grid has so far been able to successfully meet high electricity demand, unlike previous years when extreme weather events created vulnerable situations that included blackouts (https://ibn.fm/k1EfM).
Experts have concluded that the grid’s sustainability is partly due to the strong performance provided by alternative energy sources (wind, solar), which have been capable of generating close to 40% of the…
NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI
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