The Starion Energy Blog

January 2021

Eight Predictions for the Future of Renewable Energy

The International Energy Agency predicts that by 2024, renewable energy will take up 30% of the world’s energy. In recent years, wind and solar energy sources have experienced unprecedented growth. In 2019, solar energy made up 60% of new installations total energy capacity. Along with this global shift to greener power, there will be new patterns in storage, installation, and utilization.

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Four Reasons to Adopt a Business Energy Efficiency Policy

In the USA, small businesses spend a total of $60 billion on energy. So, you can only imagine the potential financial impact of energy costs on big corporations. When overlooked, the rising cost of energy can consume a business’s operational expense. There is no sign of energy price decline in the near future, at least for non-renewable sources. But you have alternatives to keep your business power consumption low. One strategy is to create a Business Energy Efficiency Policy or BEEP, for short.

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Everything You Need to Know About Renewable Energy Credits

What Are Renewable Energy Credits? Every Renewable Energy Credit represents one megawatt-hour of renewable energy added to the grid. Sources of renewable energy can include solar, wind, hydroelectric, or even nuclear and natural gas generation facilities. RECs aren’t really a unit of energy, but rather a certificate of the attributes related to the energy source. Some of the information recorded on Renewable Energy Credits are: ? The renewable facility’s location and build date. ? A unique identification number and certificate type. ? Eligibility for certification under the applicable RPS. Additional data may include the emissions rating of the renewable facility, generation type, project name, and total capacity. How Do Renewable Energy Credits Work? An electrical

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