Bulletin

Renewables Could Generate 48% of ICT Industry's Power Supply By 2020

Energy demands from the information and communication technology sector continue to grow, but the renewable energy industry is responding, and could supply 48% of its electricity mix by 2020, up from 14% last year, according to research by the National Renewable Energy Laboratory. The NREL analysed energy consumption figures voluntarily given to the US Environmental Protection Agency's Green Power Partners program in 2014, which saw 113 companies participate. The data revealed overall energy demand jumped 213% from 2007 to 2014, but renewable electricity use increased over 2,000% to 7.8mMWh in 2014. The type of renewable electricity purchases by ICT firms varied greatly from state to state, but 77% come from unbundled renewable energy credits where a company pays solar or wind farms a set price for every MWh generated. Energy usage by the ICT sector could be significantly reduced depending on the extent of a shift towards cloud-based servers.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

GoJumpIn

The sky is seemingly the limit for a company which has got us all jumping with excitement as they secure a Santander funding deal to make…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Cardiff-based Forward Waste Management

Money will support the company, which serves the manufacturing sector, with Welsh and West Midland growth plans.

Bulletin

Where Next?