NEW TRENDS LAB
YOUNG IDEAS, YOUNG TALENT
Energy Transition
The energy transition corresponds to the aggregation of changes in the production, distribution and consumption systems of all types of energy, in order to avoid discharges harmful to the environment.
The effects of the energy transition are:
Carbon footprint reduction
The main consequence of the energy transition is the reduction of carbon emissions by producing, distributing and consuming traditional energy sources.
As a result, demand for renewable and sustainable energies is increasing, as opposed to reduced demand for traditional energies.
Energy cost reduction
To the extent that in the medium term renewable energies require lower investment costs from companies than conventional energies, the energy transition will make it possible to reduce production costs.
Thus, if production costs fall, the price of consumption will at the same time decrease, increasing demand for renewable and sustainable energies.