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Economic Impact of Renewable Energy: Projection 2023

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Renewable energy will have a significant economic impact in 2023 at both global and sectoral levels. Switching to renewables can bring down individual energy costs significantly.  It also helps unstable economies to achieve energy independence. It aids in creating jobs in emerging markets with locally available resources. Read the full article on Medium . For more details, visit: renewables.org .

Accelerating Energy Investing for a Resilient Future

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The pandemic conditions we have experienced in the past and continue to experience now has brought to light major global economic risks and financial vulnerabilities. This worldwide shock has changed the global energy markets and consequently, affected the future investments in the energy sector. But to recover from such conditions and nurture more resilient energy infrastructures, an increase in investments in this sector will play a vital role moving forward. Investing in energy gives you opportunities to shape the future while earning an income. There are several reasons that makes investments in this sector attractive: The energy market is the most valuable global market segment – valued at around $7 trillion. According to the International Energy Agency (IEA), global energy demand will grow by more than 30% by 2035. The energy market is so vast, as it encompasses a diverse array of market sectors i.e. oil, gas, coal, renewable energy, etc. Post Covid-19, it has become increasing a