Future of Energy

In this podcast, we discuss the changing face of the energy market, the influential role of sustainability and how you can plan ahead to reap the benefits.

We are moving towards less centralised large-scale power supply to more widespread, diversified and – we would hope – renewable generation.

And this in itself can aid energy security.

What does the future of the energy industry look like? In the third episode of our podcast series, we discuss how technology has the potential to revolutionise energy management.

In this episode, we discuss the energy specialists of the future with Dave Horton, npower Business Solutions, Energy HQ and Frank Gordon, Renewable Energy Association.

As an industry that accounts for 2% of all global carbon emissions – and 12% of the greenhouse gas emissions generated by the transport sector – the aviation industry is coming under pressure to clean up its act.

With the rest of Europe looking set to follow the UK’s lead to reduce emissions to net zero by 2050, the business community is seeking to clarify what role they will be expected to play in reaching this target.

According to an estimate by Digiconomist, using blockchain for the energy-intensive process of bitcoin mining and transactions is around 30.14 TWh a year.

That’s more than the annual consumption of 19 European countries.

Per bitcoin, it equates to almost 300KWh of electricity – enough to boil around 36,000 kettles full of water.

According to recent International Energy Agency projections, we can expect to see 130 million EVs around the world by 2030, up from just 3.1 million in 2017.