Increase infrastructure investments - Hadeel Khawaldeh
Description:
Investment in energy infrastructure is continuously maintaining the energy infrastructure, to enable large-scale energy production and ensure sustainable energy production. Infrastructure holds many components such as production lines, distribution lines that able to scale up to produce energy in more efficient, clean way, and create new job opportunities in the next 25 years.
Enablers:
1. Global government impact.
2. Industry sector awareness.
3. Tighten upgrading, maintaining aging energy infrastructure.
4. Adpot the new technology for building more efficient energy infrasturcture.
5. Tighten regulations that kind of force maintains/updates aging energy infrastructure.
6. Do public/private partnerships.
Inhibitors:
1. Short term making profit target, through using the exciting aging infrastructure.
2. Lack of commitment to maintain exciting energy.
Paradigms:
In 2021, annual global energy investment is set to rise to USD 1.9 trillion, increased by almost 10% from 2020.
Experts:
- Harvard Business Review articles.
- International Journal of Environmental Science and Technology.
- Guidance on Energy Transmission Infrastructure and EU nature legislation
Timing:
- In the USA, the yearly spending on high voltage transmission lines increased from $15.6 billion in 2012 to $21.9 billion in 2017.
- Also in the USA, the yearly spending on distribution systems grew by 54%.
- As mentioned in EU nature legislation under Infrastructure challenges: The grids must also be extended and upgraded to foster market integration and maintain the existing levels of system security, but especially to transport and balance electricity generated from renewable sources, which is expected to more than double in the period 2007-2020.
Web Resources:
- https://hbr.org/2012/03/we-know-the-uss-infrastructure
- https://www.iea.org/reports/world-energy-investment-2021/executive-summary
- https://hbr.org/2021/02/what-impact-investors-can-learn-from-the-organizations-they-work-with
- https://infrastructurereportcard.org/cat-item/energy/
- https://ec.europa.eu/environment/nature/natura2000/management/docs/Energy%20guidance%20and%20EU%20Nature%20legislation.pdf
- https://d-nb.info/1213215927/34#:~:text=Investment%20in%20infrastructures%2C%20financial%20shocks,energy%20market's%20political%20driving%20force.