As the world grapples with the urgent need to mitigate climate change and reduce greenhouse gas emissions, the transition to sustainable and clean energy sources has gained significant momentum. The year 2023 marks a crucial period for global infrastructure, as nations and organizations continue to adopt and implement energy transition trends aimed at creating a greener and more sustainable future. In this article, we will explore some of the key global infrastructure energy transition trends that are shaping the year 2023.
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Global Infrastructure Trends in 2023
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Renewable Energy Integration
Renewable energy sources such as solar, wind and hydropower continue to witness remarkable growth and are increasingly being integrated into existing energy infrastructure. In 2023, we can expect an accelerated deployment of renewable energy projects, including large-scale solar and wind farms. Governments and businesses are investing heavily in renewable energy infrastructure, enabling a substantial shift away from fossil fuels and promoting a cleaner energy mix.
Electrification of Transportation:
The electrification of transportation is gaining considerable traction worldwide, contributing significantly to the energy transition. We can anticipate a rapid expansion of electric vehicle (EV) charging infrastructure, incentivised by government policies and growing consumer demand. Investments in charging stations, smart grids and battery technology advancements are driving the electrification trend, reducing reliance on fossil fuels for transportation and promoting a sustainable mobility ecosystem.......Cont.d
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