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And with oil and coal operating on limited resources, renewable energy and renewable fuels maintain their important role in ensuring the availability of sustainable energy sources. Not surprising given predictions by organizations such as the International Renewable Energy Agency (IRENA) that the global renewable energy share could increase to 30% or more by 2030.
Still, there’s more than just the industry itself. Many inter-industry linkages exist across energy, which only further complicate matters. Energy is fed by or feeds nearly every industry: Agriculture and biofuels, construction, manufacturing, transportation, and many more. That’s why changes or trends in this industry often have a domino effect across other industries.