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Is renewable energy power supply possible for factory production? Is it worth it?
The manufacturing industry is one of the biggest consumers of electricity in the global energy market. Due to the sheer number of equipment and machinery that needs to be powered along with utilities for office facilities, manufacturing companies need a continuous and heavy supply of electricity. To ensure a sustainable energy future, the use of renewable energy sources and technologies needs to be scaled up. Turning raw materials into usable products are one of the most energy-intensive and expensive activities within manufacturing. Geopolitical uncertainty makes it difficult to predict future oil prices with any kind of certainty. Fossil fuels are, in comparison, increasingly difficult to justify from an investment perspective.


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