- Fossil fuels still account for about 80% of primary energy worldwide. They are responsible, on a per capita basis, for 63,130kWh of energy in the United States, with renewables only accounting for 8,266 kWh
- The United States, prior to the recent ban, had 8% of its total petroleum imports (including crude oil) coming from Russia, a reliance that has now resulted in significant increases in gasoline and diesel prices
- Correlate, through its distributed clean energy solutions, is addressing these issues, helping to bring society closer to significantly less dependence on the national grid and more on green energy sources
- The company is capitalizing on the momentum of growing wind, solar, and even geothermal power production, to grow its market share, strengthen its brand equity, and diversify its product offering
- By providing energy programs for commercial property portfolios that require no upfront capital on the part of the customer, Correlate continues to build its appeal to potential clients, laying down a template that can be easily replicated and implemented in various sectors
Energy security and affordability have become increasingly critical factors for nations around the world. The Russia-Ukraine issue has pointed out how overreliance on specific energy supplies can be detrimental to national economies, and how bad the situation could get if geopolitical and other problems were to accelerate.
Fossil fuels still account for about 80% of primary energy worldwide. The main source is oil, followed by coal, and it is further projected that this will continue to be the case for a long time. The United States, for instance, uses 63,130kWh of energy, per capita, from fossil fuels, with renewables only accounting for…
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