Renewable Energy Predictions for 2019

2019 has arrived, and the energy landscape is buzzing with excitement and innovation. As we dive into the new year, we've compiled our top predictions for the renewable energy sector. From shifting consumer preferences to technological advancements, the future looks bright—and green.

1. Embracing Sustainability

It's no longer just a buzzword; sustainability is becoming a cornerstone of business strategy. Big corporations are realizing that their reputation depends heavily on their commitment to environmental responsibility. In fact, 73% of millennials are willing to spend more on products from sustainable brands. That number is expected to rise further in 2019, especially among Generation Z. Companies that recognize this trend are integrating renewable energy initiatives into their core offerings. It’s not just about marketing gimmicks—it’s about creating meaningful change. If you're a brand looking to capitalize on this shift, consider exploring eco-friendly solutions that align with your mission.

2. Solar Energy Takes Center Stage

Even though Europe's solar industry may be growing slower compared to other regions, solar energy remains a key player in the renewable energy space. Property management firms are beginning to prioritize solar installations as a major selling point for new homes. Think beyond small incentives like free rent or smart speakers—solar panels are the ultimate upgrade. Not only do they reduce utility bills, but they also enhance property value while promoting environmental stewardship. Imagine a world where every newly constructed building flaunts solar panels as its crown jewel. We’re eager to see how this trend unfolds and the positive impact it will have on both homeowners and developers alike.

3. Cost Reductions Drive Adoption

The cost of renewable energy—and its storage—is dropping significantly in 2019. This affordability breakthrough is already influencing investments across the global power generation sector. Wind and solar energy are now reaching what experts call "grid parity," meaning they generate electricity at a comparable cost to traditional fossil fuels. These advancements underscore the growing viability of renewables as mainstream energy sources. Lower costs combined with increased efficiency mean we'll likely see more businesses and households embracing solar and wind power as their primary energy providers.

4. Green Energy Goes Mainstream

Just like brands, large venues are jumping on the sustainability bandwagon. MGM Resorts has committed to constructing a massive solar farm capable of supplying nearly one-third of their resort’s energy needs. Meanwhile, Arsenal FC has installed a clean-energy battery system at their Emirates Stadium, ensuring sufficient green energy for matches. Expect similar moves from other sports venues, concert halls, and amusement parks throughout 2019. Next time you catch a live event, pay attention—you might find that the venue is powered entirely by renewable energy!

5. AI Enhances Microgrid Efficiency

While artificial intelligence (AI) often gets associated with digital marketing and e-commerce, its role in optimizing renewable energy systems cannot be overstated. AI-powered microgrid controllers are revolutionizing how energy is managed and distributed. By improving operational efficiency, these technologies reduce production times and costs. Take Xendee, for instance—they’re collaborating with Worley Parsons Group to cut development times for microgrid projects by 90%. Such innovations highlight the immense potential of combining cutting-edge technology with sustainable practices.

All Set For 2019

These predictions paint a vivid picture of what lies ahead in the renewable energy sector. Whether you're interested in smart home innovations or broader energy trends, there's always something exciting brewing. Stay tuned to our blog for more updates and insights. And if you'd like to share your own thoughts or predictions for 2019, feel free to reach out on Facebook or Twitter!