The world has entered an era of energy transformation that is reshaping the global energy resources market. Government-backed efforts to reduce greenhouse gas emissions and achieve climate neutrality aim to create a clean energy ecosystem. This process of shifting the economy to a green trajectory notably includes energy, industry, transportation, and construction. In this way, the concept of sustainable growth on a global scale is being implemented.
The efforts focus on developing zero-emission technologies, such as electric vehicles, and refining energy generation methods from renewable sources, such as water, wind, or biomass. Recycling, in turn, aims to reduce the consumption of raw materials. Internet of Things, AI, technology transfer, and process standardization accelerate the implementation of innovations. Simultaneously, infrastructure expansion, such as energy storage facilities, photovoltaic systems, wind turbines, or CCGT plants, is underway.
The high-tech green energy industry brings predictability and supply stability. Large-scale renewable energy supply chains are forming based on cooperation between companies and governments. Diversification, which rearranges the shares in the energy mix, strengthens energy security. These processes, combined with innovation, will promote a phased reduction in energy and technology costs. It will significantly boost the emergence of the so-called green economy.