ENERGY EFFICIENCY PILLARS
As demonstrated by the 2017 REN21 “Renewables Global Futures Report”, in 2016 investments in renewables have doubled those in fossil fuels, reaching $ 248.8 billion. In Italy, the investments in renewables have amounted to 9.9 billion euros in 2015, about 3 billion more than the previous year.
At a global level, the 19,3 % of energy demand has been satisfied by renewable and clean energy in 2015. This fact was due not only to environemental protection reasons but also to the more affordable renewable energy's price compared to energy's price from fossil fuels or nuclear.
Nevertheless, the investments in clean energy technologies have to be implemented to meet the realization of the low-carbon energy system envisaged by the Paris Climate Agreement, which commits to hold the increase in the global average temperature to well below 2 °C above pre-industrial levels, pursuing efforts to limit the temperature increase to 1.5 °C.
According to the International Energy Agency (IEA) Report “World Energy Investment 2016”, the investments in energy sector at a global level reached 1.8 trillion dollars in 2015, 8 per cent lower than the previous year, due to a decline in oil & gas investments.
Italy has a marginal patent production compared with other countries, and it is focused on the areas of hybrid vehicles, accumulation, plug-in electric vehicles and charging stations. Among others, burocracy, risk avoidance, difficult market penetration and the transition from research to products, are some of the obstacles of innovations development.
In this scenario, GCA promotes innovations able to entail a reduction in energy costs and the energy self-sufficiency, aiming at the realization of low-carbon societies.
GCA plays to accelerate the development of goods and solutions which are circular by design, exploring the following fields: Power Generation; Renewables; Storage Tech; Efficient Grids; IoT Applications; Zero Emissions Building; Sustainable Mobility; Biofuels.
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