- Chair & Co-Chair Welcome Note's
- Market Analysis
- Regional Scope
- CPD Benefits
About Us
Market Analysis
The
global renewable energy market size was estimated at US$ 970 billion in 2022
and is expected to hit over US$ 2182.99 billion by 2032 with a registered CAGR
of 8.50% from 2023 to 2032, growing at a CAGR of 9.47% during the forecast
period (2024–2032). Renewable energy, even referred as clean energy, is usually
derived from natural sources that are constantly replenished. Wind energy, a
type of renewable energy, is used to generate electric energy from kinetic
energy sources. A wind turbine converts the wind energy into mechanical energy,
which is further converted into electrical energy through the generator. Wind
energy can be generated offshore and onshore. Onshore wind energy is associated
with onshore turbines that are located on land, whereas offshore wind turbines
are found in the ocean or sea.
Under
the Renewable Energy Directive, the EU has increased its 2030 renewable target
from 32% to 42.5%. Norway come out on the top with 75.8%, and Sweden was
the EU country that used the most renewable energy in 2022, the Eurostat report
found. Nearly two-thirds of its gross final energy consumption was derived from
renewable sources
Asia-Pacific is the
most significant global market shareholder and is anticipated to grow at a CAGR
of 8.10% during the forecast period. Asia-Pacific is one of the largest markets
for renewable energy in the world.
North America is
expected to grow at a CAGR of 8.79% over the forecast period. The demand for
electricity in the region is expected to keep growing during the forecast
period, owing to economic growth. In 2015, 20% of North America's electricity
was generated from renewables, which is expected to reach 29% by 2025.
Regional Scope
Regions that are leading the Renewable and Sustainable Energy Market are North America (USA, Canada, and Colombia), Europe (UK, France, Italy, Norway, Iceland, Sweden, Denmark, Brazil, Austria, and Finland) Asia Pacific (China, India, New Zealand, Japan, Korea, Malaysia, Australia and Taiwan) Latin America (Brazil, Mexico, Chile and Argentina) and Middle East & Africa (GCC North Africa, South Africa and Rest of the Middle East & Africa) and rest of the world.
Honorary Members of the Civil Engineering Editions
CPD BENEFITS
Continuing Professional Development (CPD) points offer a
variety of benefits for professionals across various fields, encouraging
lifelong learning and skill improvement. Here are some key advantages:
Maintaining and Enhancing Competency: CPD points encourage professionals to stay updated with the latest advancements, techniques, and knowledge in their field.
Career Advancement: CPD points demonstrate a commitment to professional growth, making employees more attractive to employers.
Meeting
Licensing or Regulatory Requirements: In many industries, maintaining a license or
certification requires earning a certain number of CPD points. Improved
Job Satisfaction and Confidence: Enhance skills and knowledge, boosting
confidence in one’s abilities.
Networking
Opportunities:
Networking can open doors to new job opportunities, collaborations, or
mentoring relationships. Increased Earning Potential: To recognize the
value of CPD points and reward those who earn them with higher pay or bonuses.
Flexibility
and Customization:
Offer flexibility in choosing courses or activities, allowing professionals to
focus on areas that align with their career goals or personal interests.
Enhanced
Reputation and Credibility: To build a reputation as knowledgeable and committed
to excellence, this is especially useful for those who consult or operate
independently.
