Renewable Energy Predictions for 2019

As we step into 2019, the energy landscape is buzzing with change, and the renewable energy sector is no exception. Here are our top predictions for the year ahead.

1. Embracing Sustainability

In today's consumer-driven world, sustainability isn't just a buzzword—it's a necessity. Big corporations are realizing that their reputations hinge on their commitment to environmental responsibility. In 2019, we'll see a surge in businesses prioritizing renewable energy as a core component of their business strategies. A staggering 73% of millennials are willing to pay more for eco-friendly products, and this trend is expected to gain momentum as Gen Z enters the picture. Companies that integrate sustainability into their brand identity will set themselves apart from competitors. It's not just about offering green options—it's about making sustainability a cornerstone of your brand ethos.

For instance, consider integrating sustainable products into your offerings. From solar-powered gadgets to energy-efficient appliances, these innovations can help you tap into the growing demand for environmentally friendly solutions. If you're looking to enhance your brand's eco-friendly image, explore our range of sustainable products—they could be just what you need to stay ahead of the curve.

2. Solar Power Takes Center Stage

Despite the European solar trade body's report highlighting the UK's relatively slow adoption rate compared to other major solar markets, solar energy remains a strong contender. In particular, the property management sector is set to embrace solar power in a big way. Solar panels are becoming a must-have feature in newly constructed homes, adding value and appeal to buyers. Property managers are increasingly competing by offering unique perks, and solar energy is poised to become the ultimate selling point.

Imagine walking into a house where every light is powered by the sun, and the electricity bill is practically non-existent. It's not just about saving money—it's about creating a smarter, cleaner future. As solar technology becomes more affordable and efficient, expect to see property managers showcasing these eco-friendly features to attract tenants and buyers alike.

3. Cost Reductions Across the Board

One of the most exciting developments in 2019 is the steady decline in the cost of renewable energy and its storage solutions. This shift has already begun influencing global investments in the power generation sector, and it's only going to accelerate. Wind and solar power are reaching what experts call "grid parity"—meaning they're now cost-competitive with traditional energy sources. This milestone underscores the growing viability of renewables, making them an increasingly attractive option for energy production.

With falling costs and increasing efficiency, renewable energy is becoming a preferred choice for both consumers and businesses. Whether you're powering your home or running a large-scale operation, the affordability of renewables is driving a revolution in how we think about energy consumption.

4. Green Energy Goes Mainstream

Just as brands are embracing sustainability, large venues and commercial spaces are following suit. Major arenas and sports facilities are making the switch to green energy, setting an inspiring example for others to follow. MGM Resorts has committed to building a massive solar array capable of providing nearly a third of their energy needs. Similarly, Arsenal FC has installed a clean-energy battery system at their Emirates Stadium, ensuring the venue runs entirely on renewable energy during games.

Look out for more venues transitioning to green energy in 2019. Whether you're attending a concert, a football match, or visiting a theme park, chances are the energy powering the event comes from renewable sources. It's a small but impactful step toward a cleaner future.

5. AI and Microgrids: A Game-Changing Duo

While artificial intelligence (AI) might be better known for its applications in marketing and e-commerce, its role in renewable energy is rapidly evolving. AI is collaborating with microgrid controllers to optimize energy operations, making renewable systems more efficient and adaptable. Microgrids are gaining traction as a key player in the energy landscape, particularly in 2019. These decentralized grids offer numerous advantages, including reduced production times and costs.

For example, tech company Xendee is partnering with Worley Parsons Group to streamline processes by cutting down production time and costs by up to 90%. As AI continues to refine energy management, we can expect even greater innovation in how renewable energy is utilized and distributed.

Ready for 2019

These predictions highlight the exciting trajectory renewable energy is taking in 2019. If you're eager for more insights into the smart home and energy sectors, check out our latest blog posts. Got your own predictions? Share them with us on Facebook or Twitter—we'd love to hear your thoughts!