More

    The 3 Best Energy Trends in 2022 and What You Need to Know About Them

    As we enter the new year, there are specific trends in the energy market. With the transition to clean energy gaining momentum, we will see smarter, more affordable technologies emerge. Whether you’re an investor or a consumer, this is an exciting time for the energy sector.

    1. Electric Vehicles

    As the demand for electric vehicles grows, car manufacturers seem to release a new EV model weekly. Instead of targeting the 2X2 Ute in billboards and TV advertisements, they are now highlighting the ease and power of driving an EV.

    The adoption of EVs in Australia has been slower than in other countries, but this is changing. I expect EV demand will continue to grow in 2022 as charging infrastructure becomes more accessible and affordable. EVs are becoming more affordable, making them a viable option for many consumers.

    The cost of electric cars is slowly coming down, and I believe that in the next five years, we will see a real transformation in the types of vehicles we drive. Electric cars coupled with solar and battery technologies can have even greater benefits, like reducing emissions and helping Australia meet its long-term commitments.

    2. Carbon Offsets

    Businesses cannot simply buy carbon offsets to achieve carbon neutrality; they must take measures to reduce their emissions and improve their practices. Carbon offsets can help businesses close the gap to carbon neutrality, but they cannot be the only solution.

    The offset market is one of the fastest-growing sectors in the world, with more sophisticated methods being developed internationally and here in Australia. The increasing demand for offsets has resulted in refined methodologies being accepted and used.

    3. Power at Homes

    We’ve been stuck at home for the past few years, and we’re starting to realise that our homes are not only places where we relax but also places where we use a lot of energy. Our homes need to be heated and cooled, they use hot water, and there are a lot of electrical appliances like microwaves, refrigerators, and kettles.

    As we transition to cleaner energy, households are gaining more control over how they use energy, and smartphones play a big role in this. With a few taps on a screen, households can make changes that will help lower emissions and save money.

    We’ve all grown accustomed to having smart devices around the house – like robotic vacuums, voice-controlled smart speakers, and universal remote controls. But by 2022, I think we’ll see a lot more of this technology applied to our larger appliances, like air-conditioners, refrigerators, and dishwashers.

    Smart meters and monitors can help reduce energy consumption, especially in high demand. More and more energy retailers are offering programs that notify customers when demand is high, so customers can decide whether to participate in these peak events.

    Conclusion

    The energy sector transformation is happening right now, and the future is looking bright. Although there are challenges to overcome, including the shift towards cleaner energy and better resource management, I believe the next five years are bright.

    As energy companies focus on developing clean energy, we are seeing a new era of energy strategy emerge. We can expect new technologies and strategies to emerge to make us more sustainable, smarter and more comfortable.

    No Names Digital is your go-to source for news and articles surrounding digital marketing, investing, digital assets, cryptocurrency as an investment asset class, and more. If you want to learn more about sustainable investing, we’ve got tons of sustainability articles for you! Visit our blog today!

    Latest articles

    Related articles